What is Timeshare?
Do I have to spend my holiday in the same place and at the same time every year?
What is Sunswop and how does it benefit me?
Which resorts are under the "Southern Sun
Timeshare Resorts" Umbrella?
What other options do I have when owning at Umhlanga
Sands?
What guarantee do I have that my Timeshare ownership is secure?
What do I need to know about levies?
How do I go about owning timeshare at Umhlanga
Sands Resort?
What is Timeshare?
Timeshare is shared holiday ownership with flexibility!
Timeshare enables you to buy a share in a Share Block Company that leases or
owns a resort property. This ownership gives you the right to occupy a specific
room or chalet for one or more weeks each year. You specify the resort and time
of year. You also have full access to all the amenities and service facilities
offered at the resort you have chosen to own at.
Essentially, timeshare enables you to secure your future
holidays at excellent value.
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Do I have to spend my holiday in the same place and at the same time every year?
Not unless you choose to do so - and you
probably won't once you discover how many exciting holiday options await you
both in South Africa and abroad. Our exchange plan allows you to swop the
holiday period you bought for another period at another Resort of equal value.
To keep the exchange equitable, the Seasons, Size and Grading of resorts is
taken into account. So in addition to your automatic RCI/SunSwop membership,
your shares can be converted to points for the year you deposit your week, to
determine the trading value. Points (trading power) are
allocated, which are then used as your currency to exchange – please consult RCI
for more information.
The weeks of the year have been divided into Seasons. Each
Season is given a colour coding on the RCI chart: Peak
is based on government school holidays. Red is based on periods of high demand,
e.g. private school holidays, public holidays. White is based on periods of
average demand. Blue for periods of lower demand.
Fair Exchange also takes note of the
Size of each room, suite or chalet, based on the number
of guests the suite accommodates. Here again, your request may be for a unit,
which is equal or smaller in size to the timeshare you own.
Grading of
resorts is also considered when allocating the trading value of the shares. Gold
Crown Status being the highest, then Silver Crown Status, (also knows as R.I.D
status) then Standard status.
The introduction of 'Trading Power' now enables
timesharers to exchange on a weekly, daily or split week basis, with the added
advantage of being able to trade across seasons, and unit size! Using this
conversion process to trading value/points you can see at a glance which
exchange weeks fall into the same category as those your own; you may then
request your exchange holiday at a band falling within the same point band or
within any band lower than your own. Left over trading points remain yours to
use within a 3 year period.
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What is SunSwop and how does it benefit me?
SunSwop is an exclusive, private exchange facility developed by Southern Sun and RCI. All Southern Sun timeshare owners gain automatic membership to SunSwop and are in the best position to take advantage of our preferential exchanges and reduced exchange fees to other Southern Sun Resorts. This however, is not limited to southern sun. As a SunSwop member, you are also entitled to request exchanges in South Africa or Overseas, from a choice of over 3700 affiliated resorts worldwide!
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Which resorts are under the "Southern Sun Timeshare Resorts" Umbrella?
Southern Sun have some of the most
desirable vacation spots in the country, offering a variety of exciting holiday
options. They include the two seaside resorts, Umhlanga Sands Resort and Cabana Beach
on the north coast KwaZulu Natal, Sabie River Sun and Pine Lake Sun Country
Estate in Mpumalanga, Drakensberg Sun and the spectacular Beacon Island Resort
in Plettenberg Bay.
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What other options do I have when owning at Umhlanga Sands Resort? (Exchanges/Rentals)
EXCHANGES:
If you are unable to use your week, you may accrue
space-banked weeks for a maximum period of three years, enabling you to enjoy a
future extended holiday. For ultimate flexibility, you may even borrow time from
the year ahead. If you choose to accrue and/or borrow time, call Sunswop to make
the necessary arrangements on your behalf.
RENTALS:
Umhlanga Sands Resort offer you another option. An exclusive Rental Division. If you are unable to use your time at Umhlanga Sands Resort and do not wish to spacebank it, you may place it into the Sales and Rental Division to let out on your behalf to casual guests. If you choose this option simply contact us through this site. here>>
The Sales and Rental Office is based at the Resort itself
and is the only accredited agency to control the sales and rentals on behalf of
the resort.
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What guarantee do I have that my Timeshare ownership is secure?
Your Share Block Company is run by a Board of Directors
elected by your fellow shareholders. Directors are bound by the Companies
Act and Share Blocks Control Act to report to the shareholders every year.
In addition the company is audited annually by one of the “Big 4” auditing firms
and managed by the Southern Sun Group, who have many years of experience as
pioneers of the South African Timeshare Industry. Umhlanga Sands Resort was the first
Resort to convert to Timeshare in South Africa 24 years ago.
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What do I need to know about levies?
Levies are raised to cover the operating costs of your
resort and to maintain and protect the assets of shareholders. We spend them on
exactly the same day-to-day maintenance and improvement projects that you would
undertake to protect the value of your own home. We also try to build up a
replacement reserve (of cash), to ensure that we not only maintain the standards
of quality, luxury, amenities and service but to improve them in the long run.
Directors approve the levies on an annual basis for each Share Block
Company Shareholders receive a copy of the Annual Financial Statements of the
Company each year, which reflects the financial situation of the Company.
You must pay your levy once a year for each unit you own,
regardless of whether you have space-banked your unit for accrual or exchange,
placed it in the Resort rental pool or entered into a private arrangement. Your
levy statement will be mailed to you five months before the beginning of the
period you own and the amount should be paid three months before occupation.
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How do I go about owning timeshare at Umhlanga Sands Resort?
The Umhlanga Sands Resort Sales and Rental office also offers you the option of purchasing your holiday of a lifetime at affordable prices. Umhlanga Sands Resort ownership is in perpetuity and is an investment in your future holidays. If you choose this option simply contact us through this site. Here>>
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