Questions and answers - Hapimag, Your own holiday world

You can find the most frequently asked questions about Hapimag and corresponding answers here. Give us a call or use our call-back service if you have any further questions . We will be pleased to help.

General questions

Can I go on holiday at a Hapimag resort if I am not a member?

The Hapimag holiday world with 57 resorts in the best locations is available exclusively to Hapimag members (shareholders). In addition to exclusive and well-maintained holiday resorts, this arrangement also guarantees interesting encounters between guests who share the same values as yourself with respect to quality and reliability.

However, non-Hapimag members can also spend their holidays in our resorts. This is possible if a non-member goes on holiday in place of a Hapimag member and the member donates holiday points to the non-member. Special offers may be available for interested parties.

Is Hapimag a timeshare company?

Hapimag offers part-time residence rights for holiday properties. With timeshare companies, you need to decide on a specific property, a specific time and a specific number of weeks whereas, as a member of Hapimag, you become the financial co-owner of property portfolio worth more than 1.4 billion Swiss Francs.

With Hapimag you can choose a new destination each time you go on holiday and also specify how long you wish to stay there.

Hapimag Holiday Shares_21 never expire and can be bequeathed or given away without any difficulties. As a Hapimag member you also have the right to vote at the Hapimag Annual General Meeting.

Hapimag has a history that goes back more than 40 years and enjoys the reputation in the trade of being a reliable and trustworthy provider of part-time residence rights.

In contrast to timeshare companies, the assets are distributed amongst all members. Commercial operations at Hapimag are therefore conducted with the interests of all shareholders at heart, and are not driven by the profit-based strategy of one main shareholder.More on Hapimag

Is it correct that I cannot book the Hapimag holiday resorts established since 30.06.2007 with my Hapimag shares acquired on the free market?

This is not true. It is only true that Hapimag shareholders, who since 01.07.2007 have acquired their Hapimag shares on the free market and who were not previously Hapimag members, receive no HapimagCard and hence the additional services from the "Plus Points" catalogue cannot be included. For example, in the "Plus Points" catalogue there are offers of holiday stays in resorts rented by Hapimag.

Hapimag Holiday Share_21

Who are Hapimag Holiday Shares_21 suited for?

If you appreciate quality, safety, exclusiveness and a high standard of flexibility, then the Hapimag Holiday Share_21 is the right product for you. First-class resort locations, comfortably furnished apartments, a wide range of services, a secure investment for the future and days on holiday with like-minded people will be yours guaranteed. You remain flexible as regards your choice of holiday destination. You decide each time in which of our 57 Hapimag resorts and at what time you would like to spend your next holiday.
Hapimag holiday destinations

What determines the price of a Hapimag Holiday Share?

The price mainly depends on your individual holiday requirements and the type of holiday. It covers investments in new Hapimag resorts and also the costs of marketing and sales.

Does the annual subscription charge for each holiday share increase?

Hapimag uses the annual subscription charges mainly to cover the maintenance of buildings and facilities and the cost of depreciation. The costs of running and managing the holiday resorts including Holiday Service are also covered by the annual subscription charge. Hapimag manages the annual subscription charges it receives extremely economically and efficiently. A significant rise in costs from year to year is therefore not anticipated. The inflation rate, wage increases due to legislative provisions (particularly in South European countries) as well as rising costs for the supply of energy and water may mean that the annual subscription charge for the following year has to be recalculated and adjusted as necessary.

How many points do I receive per holiday share per year?

Your account will be credited with 12 high season points per Hapimag Holiday Share. 12 points will entitle you to a holiday at one of our resorts for up to three weeks, depending on the season.

What rights do I have as a Hapimag shareholder?

As a Hapimag member, you have the right to spend holidays repeatedly in one of over 5,400 Hapimag apartments – over generations. You can even give away your rights of residence or transfer unused points to other Hapimag members. Hapimag Holiday Shares_21 can be transferred to other people at any time. As a Hapimag shareholder you also have the right to vote at the Hapimag Annual General Meeting and can therefore play an active role in the future of the company.

What are your obligations as a Hapimag shareholder?

As a Hapimag shareholder you are obliged to pay an annual subscription charge for each holiday share to maintain the value of the resort and cover administration overheads based on the cost-of-sales principle.

How long is a Hapimag Holiday Share valid?

Hapimag Holiday Shares are valid indefinitely. Once acquired, it guarantees you rights of residence for generations to come which means it is a good investment because you can pass your Hapimag Holiday Share on to your children or grandchildren.

Do I have to pay the whole purchase amount when the contract is concluded?

You can decide whether you wish to transfer the entire amount within 30 days and receive a cash discount, pay within 60 days or pay it into the Hapimag payment plan, which has attractive rates of interest. The fixed interest rate varies between 2.9% and 7.9%. The initial payment varies between 20% and 50% of the purchase price. You then transfer the monthly partial amounts during a period of 12 to 48 months .

Do I have to pay an annual charge for safe keeping of the Hapimag Holiday Share?

As a Hapimag shareholder, you will be entered in the Hapimag share register, for which you will receive written confirmation.

What possibilities do I have if I no longer want to use Holiday Share_21 in the future?

You can transfer or pass on your registered shares, i.e. you can pass these on to your children or other people.

In addition, you have the possibility after 7 years to terminate your rights of residence, giving one year's notice, or to remain a shareholder and pay no more annual subscription charges. Your share rights remain unaffected, i.e. you can still take part in the Annual General Meeting and retain your share in the share capital. The termination can be reversed free of charge at any time; so all the current holiday resorts - and also the holiday resorts that have been newly established in the meantime - are available for you again rent-free.

If you would like to part with your Holiday Share, Hapimag commits itself to buy back shares up to 100% of the shares sold at the then applicable net asset value during the buy-back year. The buy-back price is based on the member's share in the shareholders' equity (shareholders' equity divided by the shares issued).

Can I profit from Hapimag Holiday Shares?

Yes, by knowing that your expectations during the most valuable weeks will be surpassed and that you will return enthusiastic from your holiday. Rent-free holidays with reliable Swiss quality.

Once I have bought holiday shares can I go on holiday immediately?

Yes, as soon as we have received your credit transfer or down payment you will receive the "keys" to your first Hapimag rent-free holiday. If the available points are insufficient it is possible to bring points forward from the following year.

Will I be credited the same number of points annually for each holiday share?

Yes, 12 high season points are credited to your holiday account every year for each share you own.

Do I have to go on holiday with Hapimag every year?

No, Hapimag is flexible in this regard. If you don't want to go on holiday with Hapimag you can save your points and use them in subsequent years. The points will expire in October of the sixth year at the earliest.

Can I give my points away?

Yes, you can of course give your Hapimag holidays to acquaintances, friends or family members. Hapimag issues each confirmation of booking in your name and also sends these to your address. You can always maintain an overview as the account holder.

Can holiday points be used at all Hapimag resorts?

Yes, there are 57 Hapimag resorts to choose from, 3 of which are houseboat home ports, seasonally coordinated supplementary accommodation and numerous supplementary offers. Each time you go on holiday you can have rent-free accommodation at any one of our beautifully situated resorts.

What additional costs are incurred with Hapimag Holiday Share_21?

As a Hapimag member you have right of residence in all Hapimag resorts. With the exception of the annual subscription charge for each holiday share which is required to maintain the value of the resort and to cover administrative costs, the only additional cost you will incur when you book your holiday is a local charge which covers the actual expenditure for electricity, laundry, garden maintenance, etc. at the resort where you spend your holiday.

How and when can I book my apartment?

You can book your apartment up to eight months in advance. Bookings at short notice are of course also possible. You can make your booking conveniently from home via Internet, or alternatively you can contact our holiday service by telephone where one of our employees will provide you with comprehensive one-to-one advice and arrange your booking for you.

Holiday service

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Questions and answers - Hapimag membership

You can find the most frequently asked questions about Hapimag and corresponding answers here. Give us a call or use our call-back service if you have any further questions . We will be pleased to help.

General questions

Hapimag Holiday Share_21