Polynesian LogoDisney have finally confirmed the addition of the Polynesian Resort to its timeshare portfolio.  The Seven Seas location will serve over 200,000 Disney Vacation Club members from around the world with a squeaky clean version of the much maligned timeshare model.

While no precise details have been announced by Disney, the 42 year old Polynesian Resort’s DVC homes look set to include some amazing private villas, some of which sit beautifully on stilts in the Seven Seas Lagoon waterside.

Along with the construction work that will create the brand new timeshares, the main guest areas of the Polynesian Resort itself will benefit from renovation work over the coming years, culminating in the grand opening of the DVC villas at the Hawaiian themed resort some time in 2015.

With the upcoming completion of the Grand Floridian DVC Villas, Disney are keen to roll out expansion of the DVC program, particularly in the premium range by the looks of things.

The Disney Vacation Club offers guests a chance to buy a ‘home’ property share for a pre-paid one time sum ($20k+ depending on the property) followed by an annual due that effectively buys your entitlement to use a property each year.  More explained here.

The Disney Vacation Club works well for certain Disney Vacationers, particularly more affluent guests that like to take regular vacations in premium resorts in the US or global locations.  The system can be expensive however and many families can find themselves paying for large family timeshares that work well initially, but wind up being expensive as the family grows up and ceases to take a vacation with guests.

If however, you want a piece of Disney, and don’t need to borrow the initial money to do so, the vacation club can occasionally work out to be more affordable than buying yourself a luxury vacation home in Orlando.  The pitfalls are notable, however as DVC properties have a finite lifespan that eventually arrives, leaving you without anything at all for that lump of initial cash!

Quick Fact:  Disney’s Polynesian Resort opened on the 1st October 1971, the same day as the Magic Kingdom Park.