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Anfi: Resale Vs Onsite Purchase Update

Back in December 2016, Inside Timeshare published the following article regarding Anfi Resales, which have been private sales either through resale companies, eBay or advertised in newspapers. As Inside Timeshare has been receiving more enquiries asking the question: Would they be better buying those rather than direct from Anfi? We decided to republish our original article with a slight update.

As we know, timeshare does not have a great resale value, which many owners who have paid upwards of £15,000 for a basic week have found out. With this also comes very hefty charges for maintenance, which tends to rise each and every year.

For those who have purchased privately for very low amounts, they have found they do not qualify for any of the benefits which Anfi add on for those who purchase on-site at Anfi. These services such as the Anfi Vacation Club are included in the price when purchasing direct from Anfi, they are not free as many have been led to believe. It is also the case the annual fees are higher for these purchases than for the resale weeks, as these services will be included in the annual fees.

Anfi Resale Page.JPG

What are these so-called benefits?

As a purchaser through Anfi Sales the following are part of the package:

Anfi Vacation Club Membership (this allows for internal exchanges)

Club and week exchanges (again internal exchanges)

RCI Worldwide Exchanges (You can join RCI privately and exchange through them)

Springfest 2 for 1 offers (very few and far between)

Bonus Weeks (available through RCI anyway)

Being able to bank or save weeks (Bank through RCI anyway)

Members week offers (never available)

Rental programme (only when available, very rare)

Anfi buy-back (only when available, very rare)

Discounts for on-site services (Restaurants, bars etc, prices are higher than off the resort anyway)

As you can see from the above, you are not actually getting anything for the higher price that you pay when purchasing direct.

Below are some examples of resale weeks advertised either privately or by resale companies.

These four were posted on eBay, what needs to be remembered is that these prices are what the seller believes they can get, most of the time they will sell for a great deal less.

anfi hyper 1.JPG
anfi 2 bed ebay.JPG

Checking eBay today there are no listings for any Anfi resales, what we did find was 100 Anfi Beach Club timeshares listed for sale on Worldwide Timeshare Hypermarket based in the UK.

https://www.timeshare-hypermarket.com/anfi-beach-club.aspx?page=1&sortorder=DESC&property=488

The following were taken from a Norwegian resale website, a penthouse for week 3, sleeping 6. The price at the current exchange rate is 14,000€ this would sell on-site for upwards of 45,000€

Again this is the price that the owner and the resale company have agreed they believe they can get.

anfi penthouse norwegian.JPG

These two are advertised on a German resale website, Anfi Beach Club would sell for upwards of  15,000€, Club Monte Anfi for more. Again the prices shown are what the resale company and owner believe they can get, they will more than likely sell for a lot less.

german anfi 2.JPG

So to answer the question is yes you are better off with a resale week, you can join RCI directly and receive the benefits of exchanges through them, purchase the bonus weeks that RCI offer, usually at a better price than Anfi would offer.

As for the so-called discounts, try going off resort to places like Patalavaca and Arguineguin where there is a wider selection of restaurants and bars at much more reasonable prices.

Then when you eventually decide it is no longer for you, you will not be making such a loss as the person you purchased from.

Remember the cost of the timeshare from any resort will always be more than it is actually worth. They do after all have large overheads like the sales staff and marketing costs, these are the bulk of the price that you pay. So if you can pick up weeks for as little as 1500 € which means Anfi over prices the weeks by 90 % ….which is also the reason why the maintenance fees are so high.

If you have been trying to sell your timeshare for whatever reason and have not been able to do so, it may be worth exploring the legal option and having the contract declared null and void plus the return of the full purchase price.

If you would like further information on this subject and to find out if your purchase is an illegal contract, then please use our contact page and Inside Timeshare will get back to you.

German Translation

https://translate.google.es/translate?hl=en-GB&tab=rT1&authuser=0&sl=en&tl=de&u=https%3A%2F%2Finsidetimeshare.com%2Fanfi-resale-vs-onsite-purchase-update%2F

Norwegian Transaltion

https://translate.google.es/translate?hl=en-GB&tab=rT1&authuser=0&sl=en&tl=no&u=https%3A%2F%2Finsidetimeshare.com%2Fanfi-resale-vs-onsite-purchase-update%2F

Swedish Translation

https://translate.google.es/translate?hl=en-GB&tab=rT1&authuser=0&sl=en&tl=sv&u=https%3A%2F%2Finsidetimeshare.com%2Fanfi-resale-vs-onsite-purchase-update%2F

Finnish Translation

https://translate.google.es/translate?hl=en-GB&tab=rT1&authuser=0&sl=en&tl=fi&u=https%3A%2F%2Finsidetimeshare.com%2Fanfi-resale-vs-onsite-purchase-update%2F

Danish Translation

https://translate.google.es/translate?hl=en&tab=iT1&authuser=0&sl=en&tl=da&u=https%3A%2F%2Finsidetimeshare.com%2Fanfi-resale-vs-onsite-purchase-update%2F

ANFI: Resale Vs On-site Purchase

Inside Timeshare has recently received many enquiries from readers regarding Anfi Resales, which have been private sales either through resale companies, ebay or advertised in newspapers. Would they be better buying those rather than direct from Anfi?

 

As we know, timeshare does not have a great resale value, which many owners who have paid upwards of £15,000 for a basic week have found out. With this also comes very hefty charges for maintenance, which tends to rise each and every year.

 

For those who have purchased privately for very low amounts they have found they do not qualify for any of the benefits which Anfi add on for those who purchase on-site at Anfi. These services such as the Anfi Vacation Club are included in the price when purchasing direct from Anfi, they are not free as many have been led to believe. It is also the case the annual fees are higher for these purchases than for the resale weeks, as these services will be included in the annual fees.

anfi-resale-pageWhat are these so-called benefits?

As a purchaser through Anfi Sales the following are part of the package:

  • Anfi Vacation Club Membership (this allows for internal exchanges)
  • Club and week exchanges (again internal exchanges)
  • RCI Worldwide Exchanges (You can join RCI privately and exchange through them)
  • Springfest 2 for 1 offers (very few and far between)
  • Bonus Weeks (available through RCI anyway)
  • Being able to bank or save weeks (Bank through RCI anyway)
  • Members week offers (never available)
  • Rental programme (only when available, very rare)
  • Anfi buy-back (only when available, very rare)
  • Discounts for on-site services (Restaurants, bars etc, prices are higher than off the resort anyway)

As you can see from the above, you are not actually getting anything for the higher price that you pay when purchasing direct.

Below are some examples of resale weeks advertised either privately or by resale companies.

These four are or have been posted on ebay and Timeshare Hypermarket, what needs to be remembered is that these prices are what the seller believes they can get, most of the time they will sell for a great deal less.
anfi-hyper-1

anfi-2-bed-ebay

This is taken from a Norwegian resale website, a penthouse for week 3, sleeping 6. The price at the current exchange rate is 14,000€ this would sell on-site for upwards of 45,000€

Again this is the price that the owner and the resale company have agreed they believe they can get.
anfi-penthouse-norwegian

These two are advertised on a German resale website, Anfi Beach Club would sell for upwards of  15,000€, Club Monte Anfi for more. Again the prices shown are what the resale company and owner believe they can get, they will more than likely sell for a lot less.
german-anfi-2

So to answer the question is yes you are better off with a resale week, you can join RCI directly and receive the benefits of exchanges through them, purchase the bonus weeks that RCI offer, usually at a better price than Anfi would offer.

As for the so-called discounts, try going off resort to places like Patalavaca and Arguineguin where there is a wider selection of restaurants and bars at much more reasonable prices.

Then when you eventually decide it is no longer for you, you will not be making such a loss as the person you purchased from.

Remember the cost of the timeshare from any resort will always be more than it is actually worth. They do after all have large overheads like the sales staff and marketing costs, these are the bulk of the price that you pay. So if you can pick up weeks for as little as 1500 € which means Anfi over prices the weeks by 90 % ….which is also the reason why the maintenance fees are so high.

 

Resales: Is There a Market?

Inside Timeshare regularly receives enquiries from people who are looking to sell their timeshares and wanting to know how to do it. Unfortunately, there really is no market and the prices are nowhere near what was originally paid for the timeshare. Today we look at the resale market and what you can expect.

The latest enquiry is for a 2 week Gold membership with Marriott at Marbella Beach Club. This particular reader originally paid over £33,000 pounds for this way back in 2001. For that time (even today) this was a very expensive timeshare.

Due to personal reasons, this reader wanted to sell his 2 weeks Gold package with Marriott back in 2012/2013 and approached Marriott with a view to Buy back his weeks. He was told they would list it for sale at £4,000 for each week and it could take up to a year to sell.

Obviously, this was not acceptable to our reader who believed it was worth much much more. This is probably due to the fact that when he purchased the sales staff pitched him that he was buying property and that it would increase in value. A statement we all know to be false.

This is also the case for all timeshares, the depreciation rate begins from the moment of purchase, the reason is that the purchase price is well over what it actually should be. Basically the purchase price is based on the costs the sales and marketing company has to pay to operate.

What you must take into consideration is that there will be all the commissions to the salesman and the managers, then there are the wages for all the admin & support staff such as the receptionist and those who do the contracts.

Other costs involved will be the commission paid to the OPC’s, the guys with the scratch cards on the street, the taxis to and from the resort and sales deck. Then there are refreshments and any food that may be supplied during the presentation and finally the gifts.

Basically the cost is around 80% to 90% of the purchase price that you are then given.

It must also be pointed out that not everyone pays the same, during the warm-up stage when you first meet your “rep”, they will evaluate your income without actually asking, if you are on a higher income then they can inflate the price. It is also a fact that certain nationalities such as the Scandinavians will be given much higher prices than say, British clients.

From our experience, most resales tend to be existing owners/members who just want to add an extra week at their own resort or increase their number of points without paying the full and over-inflated prices from the sales and marketing people. This means that bargains can be found.

So in a nutshell, the resale market is very limited and the prices will be what the owner thinks they are worth, the higher the resale price the less chance of ever selling, it may even take more than a year to get an offer.

Below are three links to give you an idea of what people actually believe their timeshares are worth, the last link is for eBay, where the prices do tend to show desperation to be rid of it. Many people cannot even give them away.

This makes me recall a reader many years ago who was desperate to get out, after being ripped off by some of the unscrupulous resale companies, he decided to raffle it off at his local pub and the proceeds would go to a local hospice. Unfortunately, not one single raffle ticket was sold, not one person wanted to be saddled with the ever-increasing maintenance payments!

There really are only two solutions to get out, one is to relinquish, and our advice is to contact your resort first.

The other option is if you purchased in Spain you may have an illegal contract, if so then you may be able to have your contract declared null and void with the return of your purchase price.

If you would like further information on this subject please use our contact page and Inside Timeshare will get back to you.

https://fabtimeshare.com/marriott-vacation-club-resorts/marriott-marbella-beach-resort/

https://www.timeshare-hypermarket.com/anfi-beach-club.aspx

https://www.ebay.co.uk/b/Timeshare-Accommodations-in-Europe/123812/bn_18762388