About Timeshare
Pacific View Resort Timeshare
If you are looking for a great vacation destination that is both quality and affordable, look no further than Pacific View Resort. We offer timeshares for sale to help make your dream getaway come true.
Timeshare at our resort gives you access to many amenities including table tennis, swimming pools, living space, and more all while helping you save money on future trips.
All apartments in our resort are fully equipped with modern amenities including a kitchen, living room, air conditioning and balcony. Besides, the ocean views are simply stunning and provide a respite from everyday life, not to mention all that Caloundra has to offer.
Hence, our timeshare sale program is the ideal way to take advantage of all this beautiful vacation spot has to offer.
History and Growth
Australians were first introduced to the concept of Timeshare with the opening of several resorts in both New South Wales and Queensland in 1978. Since then, Timeshare has been a popular form of vacationing in Australia.
In 1981, Pacific View Resort opened. Originating from humble beginnings, our resort has become well-known for its luxury and excellence. Not only does it continue to be one of the most sought-after timeshare prospects in the area but our prestigious properties possess breathtaking views, exclusive amenities, and world-class service.
Today there are over 110 Timeshare resorts in Australia alone, catering to the needs of more than 130,000 families who own Timeshare holiday intervals in those resorts.
Traditional Timeshare Is Offered At Pacific View Resort
Australians were first introduced to the concept of Timeshare with the opening of several resorts in both New South Wales and Queensland in 1978. Pacific View Resort opened in 1981. Today there are over 110 Timeshare resorts in Australia alone, catering to the needs of more than 130,000 families who own Timeshare holiday intervals in those resorts.
Consumers make a one-time purchase of furnished resort accommodation, at a fraction of whole ownership costs, and pay an annual maintenance levy. Each apartment at Pacific View is divided into 51 fixed weeks which are sold individually. Consumers purchase a specific apartment for a specific weekly interval. The purchaser owns a fraction of the holiday accommodation. Typically, one or two weeks a year. With a timeshare, the owner has all the benefits of a holiday home without the year-round costs.
Fixed time is purchased. The ownership weeks are pre-fixed by the calendar year. Week 1 commences on the first Friday in January each year.
Pacific View Resort is a title-based scheme. This means that each time share purchaser receives an undivided interest in the property. Each apartment is divided into 52 weeks (at least one week per year is reserved for maintenance). For each weekly interval acquired, the purchaser is entitled to 1/52nd undivided interest in the apartment property. This type of ownership enables the owner to sell, rent or bequeath the timeshare interval.
Traditional Timeshare Offered
Australians were first introduced to the concept of Timeshare with the opening of several resorts in both New South Wales and Queensland in 1978. Pacific View Resort opened in 1981. Today there are over 100 Timeshare resorts in Australia alone, catering to the needs of more than 130,000 families who own Timeshare holiday intervals in those resorts.
Consumers make a one-time purchase of furnished resort accommodation, at a fraction of whole ownership costs, and pay an annual maintenance levy. Each apartment at Pacific View is divided into 51 fixed weeks which are sold individually. Consumers purchase a specific apartment for a specific weekly interval. The purchaser owns a fraction of the holiday accommodation. Typically, one or two weeks a year. With a timeshare, the owner has all the benefits of a holiday home without the year-round costs.
Fixed time is purchased. The ownership weeks are pre-fixed by the calendar year. Week 1 commences on the first Friday in January each year.
Pacific View Resort is a title-based scheme. This means that each time share purchaser receives an undivided interest in the property. Each apartment is divided into 52 weeks (at least one week per year is reserved for maintenance). For each weekly interval acquired, the purchaser is entitled to 1/52nd undivided interest in the apartment property. This type of ownership enables the owner to sell, rent or bequeath the timeshare interval.
Management
Every year, the shareholders of the Pacific View Resort elect a Board of Directors. These Directors are nominated and duly elected by the shareholders and are responsible for overseeing the operations and management of the resort.
The Board of Directors is responsible for implementing policies and regulations that ensure the smooth operation of the resort. These policies and regulations help to ensure that all shareholders are abiding by the rules and regulations set forth by the Board.
Moreover, they are responsible for maintaining the resort, as well as establishing a budget and levy to be paid by each owner as a contribution towards such upkeep.
They also ensure that the resort is up to date with the latest trends and technologies, while also making sure that all shareholders adhere to the regulations and policies set forth by the Board.
Maintenance Levy
An annual maintenance levy is necessary to maintain and preserve the value of Pacific View Resort. A budget is calculated and shared equally among all timeshare owners of the resort.
The annual levy is used to cover the costs of maintenance (eg. housekeeping, repairs, refurbishments, utilities, and maintenance of the resort’s common areas) and management of the resort (eg. administration, accounting, legal fees, taxes, and insurance). All members contribute in proportion to the number of weeks they own.
Pacific View Resort accounts operate on a calendar year basis. In October each year, accounts are sent out to all owners.
- The maintenance levy for weeks 1 to 26 is due by the 1st of December.
- The maintenance levy for weeks 27 to 52 is due by the 1st of June.
- Failure to pay by the due dates will result in a 10% penalty being added to the member's account.
The Board of Directors will not accept that non–payment of levies is due to nonreceipt of levy notice. Members are advised that if they have not received their levy notice by the 1st of November, it is their responsibility to contact the resort to ascertain the levy payment required.
All Pacific View Resort accounts are audited annually and lodged with ASIC within set timelines. A copy of the audited annual report is available to all shareholders via the Pacific View Resort members portal website.
Maintenance Levy
An annual maintenance levy is necessary to maintain and preserve the value of Pacific View Resort. A budget is calculated and shared equally among all timeshare owners of the resort.
The annual levy is used to cover the costs of maintenance (eg. housekeeping, repairs, refurbishments, utilities, and maintenance of the resort’s common areas) and management of the resort (eg. administration, accounting, legal fees, taxes, and insurance). All members contribute in proportion to the number of weeks they own.
Pacific View Resort accounts operate on a calendar year basis. In October each year, accounts are sent out to all owners.
- The maintenance levy for weeks 1 to 26 is due by the 1st of December.
- The maintenance levy for weeks 27 to 52 is due by the 1st of June.
- Failure to pay by the due dates will result in a 10% penalty being added to the member's account.
The Board of Directors will not accept that non–payment of levies is due to nonreceipt of levy notice. Members are advised that if they have not received their levy notice by the 1st of November, it is their responsibility to contact the resort to ascertain the levy payment required.
All Pacific View Resort accounts are audited annually and lodged with ASIC within set timelines. A copy of the audited annual report is available to all shareholders via the Pacific View Resort members portal website.
What Do Timeshare Owners Do With Their Timeshare?
Pacific View Resort offers two great options for owners to make the most of their week/s.
- Use your week at the Resort: The resort is equipped with a range of facilities and amenities, including a swimming pool, spa, and BBQs making it the perfect place to relax and unwind. Owners can use the week themselves or nominate another family member or friend to use the week.
- Space bank the week with an Exchange Company.
- Apply for an Internal swap within Pacific View to use an alternative week.
Using Your Week At Pacific View Resort
- Pacific View Resort Timeshare Owners own fixed weeks. A timeshare calendar indicates the starting dates for each week each year. Week 1 is always the first Friday in January. All weeks commence on Friday and finish the following Friday.
- Owners advise the resort each year if they intend to ‘use’ their week.
- Maintenance Levies must be paid in full before arrival.
Exchange
Exchange Companies operate in Australia, enabling Timeshare owners the flexibility to trade their holiday week for another resort in one of many locations worldwide.
The exchange system works much like a bank savings account, allowing owners the opportunity to bank a holiday week any year they consider they will probably not use it, and save it till the following year, or exchange it for a different holiday location at a resort of their choice in the same year.
This is a great way to make the most of your week/s, as you can exchange your Pacific View Resort week/s for other resorts around the world. This means you can experience different places and enjoy different experiences without the added cost.
The Exchange Company will manage the exchange process for you, making it easy and hassle-free.
Two exchange companies offer Pacific View Resort owners different exchange options and choices.
Deposit early to maximize your trading power so you have more opportunities available for a match when you’re ready to request an exchange vacation. Keep in mind that you don’t have to know the details of your vacation to deposit the week you own.
Before planning any exchanges you must ensure the following:
- Your levies at Pacific View Resort are paid in full
- You have not already used your entitlement on the resort or through an exchange company
- You are a member of the exchange company you have selected
- You have paid the appropriate membership fees to the Exchange Company for the period that is to be deposited.
Booking Online
Pacific View Resort offers an online system through our website at www.pacificviewresort.com.au. This option gives members the ability to take control of their timeshare holidays by allowing members to pay levies, make bookings, deposit weeks and make rental reservations.
There are also links directly to the exchange companies. Simply contact the resort to receive your member number, password, and a few simple steps to follow and you’ll be all set to go.
