A relatively new concept to become popular in the Cayman Islands, timeshare ownership is now available at several existing resorts in the Cayman Islands. The timeshare concept of ownership has long been popular in the United States and the enthusiasm for this flexible, variable type of condominium ownership is becoming increasingly popular in a modern real estate market where buyers have a thirst for easy maintenance property ownership and the flexibility to exchange (for example) their timeshare at a ski resort property for a island condominium in the Cayman Islands, and vice versa. Timeshare offers many people the chance for an ownership interest in a beautiful five star resort that may have been cost-prohibitive to buy outright, particularly if the owner only intends to use the condominium a few weeks per year.
