The term "timeshare", as most people know, refers to
the commercial practice where several individuals hold full
ownership rights over the same property, which is enjoyed by each
one in turn, for a limited time-window every year.
The real estate timeshare is governed by a particular type of
contract which allows a buyer to purchase a time-slot whereby he or
she has the exclusive right to access and use the property each
year for the designated period of time each year allocated to the
purchaser. This right is usually perpetual and can be bequeathed
and transferred to any heirs.
Within the Spanish real estate market, especially in the 80s and
90s, many European citizens, especially British, bought timeshare
properties in Spain, often by the seaside in mountainous areas such
as the beautiful "Costa del Sol" or the enchanting
"Sierra Nevada". Today, after having benefited and
enjoyed of the property for many years, many British owners now, in
the light of Brexit and