What was once a great investment and an appealing holiday
destination, may have lost its gloss. Gone is the glamour of a few
weeks holiday each year at a resort that you own in a lovely
regional setting, along with other families enjoying the same
opportunity. Instead, there is the reality of paying rising levies
on your fixed retiree income to maintain an ageing facility in a
regional area that your family and friends no longer wish to visit.
And when you ask around to sell your interest in the resort, you
quickly discover that it isn't worth very much at all.
So, when developers start showing some interest in the land the
resort is located on, the option of selling out looks very
attractive.
