FAQ's
What is Timeshare?
Do I have to spend my holiday in the same place and at the same time every year?
What is Sunswop and how does it benefit me?
Which resorts are under the "Southern Sun Timeshare Resorts" Umbrella?
What other options do I have when owning at Beacon Island Resort?
What guarantee do I have that my Timeshare ownership is secure?
What do I need to know about levies?
How do I go about owning timeshare at Beacon Island Resort?
What is Timeshare?
Timeshare is shared holiday ownership with flexibility! Timeshare enables you to buy a
share in a Share Block Company that leases or owns a resort property. This ownership
gives you the right to occupy a room for one or more weeks each year. You also have
full access to all the amenities and service facilities offered at the resort you have
chosen to own at.
Essentially, timeshare enables you to secure your future holidays at excellent value.
Do I have to spend my holiday in the same place and at the same time every year?
Not unless you choose to do so - and you probably won't once you discover how many
exciting holiday options await you both in South Africa and abroad. Our exchange plan
allows you to swop the holiday period you bought for another period at another Resort
of equal value. To keep the exchange equitable, the Seasons, Size and Grading of
resorts is taken into account. So in addition to your automatic Sunswop membership,
your shares can be converted to points for the year you deposit your week, to
determine the trading value. Points (trading power) are allocated, which are then used
as your currency to exchange – please consult Sunswop for more information.
The weeks of the year have been divided into Seasons. Each Season is given a colour
coding on the Sunswop chart: Peak is based on government school holidays. Red is based
on periods of high demand, e.g. private school holidays, public holidays. White is based
on periods of average demand. Blue for periods of lower demand.
Fair Exchange also takes note of the Size of each room, suite or chalet, based on the
number of guests the suite accommodates. Here again, your request may be for a unit,
which is equal or smaller in size to the timeshare you own.
Grading of resorts is also considered when allocating the trading value of the shares.
The introduction of 'Trading Power' now enables Timesharers to exchange on a weekly,
daily or split week basis, with the added advantage of being able to trade across
seasons, and unit size! Using this conversion process to trading value/points you can
see at a glance which exchange weeks fall into the same category as those your own;
you may then request your exchange holiday at a band falling within the same point
band or within any band lower than your own. Left over trading points remain yours to
use within a 2 year period.
This exchange process is known as Space Banking and Exchange Requests.
What is SunSwop and how does it benefit me?
SunSwop is an exclusive, private exchange facility developed by Southern Sun.
All Southern Sun Timeshare owners gain automatic membership to SunSwop and are in
the best position to take advantage of our preferential exchanges and reduced
exchange fees to other non Southern Sun Resorts. This however, is not limited to
Southern Sun resorts only. As a SunSwop member, you are also entitled to request
exchanges in South Africa or Overseas, from a choice of over 2500 affiliated resorts
worldwide!
Which resorts are under the "Southern Sun Timeshare Resorts" Umbrella?
Southern Sun have some of the most desirable vacation spots in the country, offering a
variety of exciting holiday options. They include the two seaside resorts, Umhlanga
Sands and Cabana Beach on the north coast KwaZulu Natal, Sabi River Sun and Pine
Lake Sun Country Estate in Mpumalanga, Drakensberg Sun and the spectacular
Beacon Island Resort in Plettenberg Bay.
What other options do I have when owning at Beacon Island Resort? (Exchanges/Rentals)
EXCHANGES:
If you are unable to use your week, you may accrue space-banked weeks for a maximum period of two years, enabling you to enjoy a future extended holiday. For ultimate flexibility, you may even borrow time from the year ahead. If you choose to accrue and/or borrow time, call Sunswop to make the necessary arrangements on your behalf.
0800-992-648
RENTALS:
We can offer you another option. An exclusive Rental Division. If you are unable to use your time at Beacon Island and do not wish to spacebank it, you may place it into the Sales and Rental Division to let out on your behalf to casual guests. If you choose this option simply contact us through this site.
The Sales and Rental Office is located in Beacon Island Resort and is the only accredited agency to control the sales and rentals on behalf of Southern Sun Resorts.
What guarantee do I have that my Timeshare ownership is secure?
Your Share Block Company is run by a Board of Directors elected by your fellow shareholders. Directors are bound by the Companies Act and Share Blocks Control Act to report to the shareholders every year. In addition the company is audited annually by one of the “Big 4” auditing firms and managed by the Southern Sun Group, who have many years of experience as pioneers of the South African Timeshare Industry.
What do I need to know about levies?
Levies are raised to cover the operating costs of your resort and to maintain and protect the assets of shareholders. We spend them on exactly the same day-to-day maintenance and improvement projects that you would undertake to protect the value of your own home. We also try to build up a replacement reserve (of cash), to ensure that we not only maintain the standards of quality, luxury, amenities and service but to improve them in the long run. Directors approve the levies on an annual basis for each Share Block Company Shareholders receive a copy of the Annual Financial Statements of the Company each year, which reflects the financial situation of the Company.
You must pay your levy once a year for each unit you own, regardless of whether you have space-banked your unit for accrual or exchange, placed it up for rental or entered into a private arrangement. Your levy statement will be mailed to you five months before the beginning of the period you own and the amount should be paid three months before occupation.
How do I go about owning timeshare at Beacon Island Resort?
The Beacon Island Sales and Rental office also offers you the option of purchasing your holiday of a lifetime at affordable prices. Contact us today for an updated list of available Timeshares to purchase.
The Sales and Rental Office is located at Beacon Island Resort and is the only accredited agency to control the sales and rentals on behalf of Southern Sun Resorts for Beacon Island Resort.