Tenerife has a large number of timeshare resorts, and many people inherit timeshare memberships without realising the rules involved. This guide explains your options and responsibilities in simple terms.
Does a Timeshare Pass Through Inheritance?
Yes — a timeshare is treated as an asset and must be included in the inheritance deed along with property or money.
Your Three Options
- 1. Accept the timeshare and continue using it
- 2. Transfer it to another family member
- 3. Refuse it (renounce the inheritance or just renounce the timeshare part)
Some resorts charge annual fees, so it’s important to know what you’re accepting.
Can You Sell a Timeshare?
Timeshares are harder to sell than normal property, but some resorts offer assistance or buy-back programmes. Many owners choose to transfer their weeks to another family member instead.
Important:
Make sure all outstanding fees are paid before transferring or selling.
If You’re Unsure What to Do
A simple check with the resort will confirm your rights, any ongoing fees and whether they allow transfers. This helps you decide whether to keep or refuse the timeshare.
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