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A North Myrtle Beach condo called the “Bridge Penthouse” is listed for $5 million. Located between the two North Beach Towers, near Barefoot Landing, this unit has seven bedrooms and an ocean ...
A Myrtle Beach hotel and resort on the oceanfront is for sale less than six months after being purchased. Indigo Tower, a 54-room hotel built in 1974, is for sale, according to its LoopNet posting ...
The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.
Originally, Marriott Vacation Club properties were sold as weeks. A "fixed week" granted the owner the right to use their villa during a specific week each year (such as week 52, which includes New Year's Eve), or the right to use their villa during a specific "season" (defined on a per-resort basis), which granted the owner the right to reserve their villa for any available week within that ...
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Some owners, like Ivan Rodriguez, who liquidated his 401(k) retirement account to buy a unit for $190,000 in 2019, can’t afford the extra fees, so they’re putting up their condos for sale instead.
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