While everyone has their own idea of what makes for a great vacation, most people like to seek out some sunshine and warm temperatures. That might be what drew you to Bahia Principe in the first place, as it offers the opportunity to vacation in some of the prettiest places in the world, where sun and warmth are in abundance.
You probably haven’t grown tired of vacationing in warm and sunny places, but you might be ready to be done with the experience of owning a timeshare. There are some downsides to being a timeshare owner that you are aware of by now and may want to eliminate from your life. If that is the case, take a moment now to read the information I have presented below and start to put together your cancellation game plan.
What is a Bahia Principe Timeshare?
With locations in both the Canary Islands and the Caribbean, owning a Bahia Principe timeshare entitles owners to plenty of access to the kinds of sandy beaches that dream vacations are made of. Some of the features that are included at many of the locations include lounges and private beaches, serviced bars, and much more. If you have been an owner for a while, you’ve probably enjoyed some great trips while also going through some experiences that might have caused you to think about canceling and moving on.
What are those issues that might lead you to want to cancel your Bahia Principe timeshare? They are many of the same things that cause other timeshare owners to want to get out and move on. Things like rising maintenance fees that just keep getting more expensive as the years pass, or assessments that keep popping up. Some timeshare owners also report frustration with locations that are hard to book and always seem to be full when they want to travel. It’s usually not so much about the destination itself as it is everything else that comes with being a timeshare owner. I understand these concerns and hope to be helpful as you seek to find a path forward.
Did You Just Buy Your Timeshare?
The best path to get out of a timeshare is available only to people who have purchased their timeshare ownership very recently. Wherever you purchased your timeshare, there is almost certainly a recission period in place to protect consumers. That means that you have a certain number of days to cancel the purchase without any cost or repercussions. Should you happen to still be within that timeframe for your purchase, think carefully about using this path out to get your money back and move on.
Your first step is to research the recission period where you made the deal. A quick Google search will get the job done on this front. If you still have time, you can then notify the seller in writing to tell them that you want to cancel the deal and walk away. They will have to honor that request as long as you submit it on time. Don’t allow anyone to talk you out of your wishes – it’s your right to cancel and you are protected by the law.
Selling a Timeshare is Hard but Not Impossible
If you are thinking that selling your timeshare will be the easiest way out of this situation, the reality of trying to execute such a sale could be a little disappointing. Specifically, you are likely to find that not very many people want to buy your timeshare, and you have to wait a lot longer than you expected for someone who is interested to come along.
I tell people that trying to sell their timeshare is a venture that isn’t particularly likely to be successful anytime soon, yet it is still worth giving it a shot. Basically, even if it’s a long shot, you might as well try this path to see if it happens to pay off. You should be able to find a variety of places to list your timeshare for sale without having to pay any listing fees – so you don’t have much at all to lose. If no buyers come along, you’ll be right where you were anyway in the first place, and you can keep trying out other paths to hopefully get out once and for all.
Should you happen to find a buyer, be sure to do all of the proper paperwork to complete the sale legally. Once it is done, check in with the timeshare to confirm that the transfer of ownership has been completed and you are no longer considered an owner in their system.
Try Contacting Bahia Principe Directly
Timeshares have a reputation for being difficult to cancel, and that reputation doesn’t come out of nowhere. They can be tricky to get rid of in some cases, but that’s not always true. Sometimes, you will be able to cancel your timeshare simply by asking the developer to let you leave.
Many owners who are thinking of trying to cancel don’t know that this is a possibility, so it’s something that I always try to highlight as a good option to try early on. If you reach out with a phone call or email to let them know that you want to cancel, they may inform you of programs they have for owners in this situation. It’s possible that they’ll be willing to just take back the timeshare so they can sell it to someone else. It’s also possible that they won’t be able to do anything to help you. The only way to know is to take the first step and reach out to get more information.
Make it a habit of documenting or saving anything that you get from Bahia Principe on this topic so you have a digital paper trail of how everything played out. It’s good to have such evidence just in case there is a discrepancy later and you need to prove your side of the story.
Working with a Qualified Exit Company
There are a number of timeshare exit companies that have now come onto the market to help timeshare owners who want to get out of their contracts. This probably isn’t the right place to start your journey to get out of a timeshare – you can try some of the other options first to see how it goes – but you might end up here in the end.
Let’s start with the downside – this is not a free way to leave a timeshare. You’ll need to pay for the service that you are provided, of course, so that has to be factored into the equation. Once you start talking to some exit companies about their services and the prices they offer, you can do the math to decide if it makes sense for your needs.
On the plus side, this takes what can be a stressful and time-consuming process and gets it off of your plate. It will now be the responsibility of the exit company to work on this project while you go on with your life as usual. That might feel like a big relief and you can look forward to the day when the process is completed and you are out of the timeshare for good.
Frequently Asked Questions
Consider some of the commonly asked questions below as you think about if you want to leave your Bahia Principe timeshare, and if so, how you are going to make it happen.
Q: Do you own a timeshare for life?
A: Most timeshare contracts are ongoing, meaning you are obligated to live up to the terms of the contract until it is ended in one way or another. This means you’ll need to be intentional about canceling if you would like to get out.
Q: Is it legal to sell a timeshare?
A: Absolutely. As discussed above, one of the options to get out of your timeshare is to sell it to a new owner, although it can be tricky to find someone willing to take over the contract.
Q: Can you get out of a timeshare for free?
A: Maybe. It will all depend on what needs to be done to cancel and leave. You might be able to give the deed back for free, or you could end up paying an exit company for assistance. Each case is unique.
Keep Gathering Information
Knowledge always equals power, no matter what topic is at hand. In this case, with the goal of canceling your timeshare on your mind, you’ll want to pick up as much information as possible to then decide how you are going to move forward. I’d love for you to reach out and call 833-416-8796 today to get more information about how you might want to proceed. You can also use our chat function to get in touch directly through the website. The more information you have available, the better the chances will be that you can get out of your timeshare once and for all!