No because you buy a condo and get full ownership. You can use it 24/7, rent it out, remodel internally … hell you can even break down walls if they aren’t structural or add new walls if you want.
Depending on specifics you even get partial ownership of the whole building and a seat on its management board. At least that’s how it works for my mom, they run the building like a co-op and there is no other owner than the people who own the apartments inside.
edit: a timeshare in comparison is kinda like buying an NFT of an apartment. It gives you the right (obligation) to use the place for a period of time every year
Depending on specifics you even get partial ownership of the whole building and a seat on its management board. At least that’s how it works for my mom, they run the building like a co-op and there is no other owner than the people who own the apartments inside.
edit: a timeshare in comparison is kinda like buying an NFT of an apartment. It gives you the right (obligation) to use the place for a period of time every year