Fixed week: 24 (Diamond Season)Next use: 2025Maintenance fees 2024: $7,094Hyatt points: 2,950Check in day: SaturdayPer the owner: * We paid 120k for it originally when brand new * It is deeded so you get ownership and value as well as guaranteed third week of June after most schools get out * Top level ocean front basically on that end, 3 bedroom and we always get 11th or 12th floor, never a problem (Amazing View) * Rooms are very big with 3 bathrooms and huge decks and fully new appliances and washer dryer * They just remodeled the owner private pool area, and it is amazing. Infinity pool and you get owner reserved lounge chairs * When we rented one year, we got around 15k for the week * We still own 2 other weeks * I believe it is the best 3-bedroom condo on Maui, all things considered...I think other condo complexes don't come close.Once you stay here you will want to figure out how to get back again and again*Closing costs and transfer fees are to be paid by the buyer**Buyer to pay maintenance fees for first year of usage*
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$65000.00
Annual Dues
$7094.00
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
How many years do you plan to travel?
A study on travel trends published by AARP found that the average 55-72 year olds reported taking 4-5 vacations in 2017. People typically slow their travel after the age of 75. Use the tool below to adjust how many years you plan to travel:
Years of Travel
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Don't forget about inflation!
Inflation is defined as the increase in the price of goods and services over a period of time. According to the International Monetary Fund, the average global economy's annual percentage change from 1980 to 2018 was 4.6%.
Avg. Annual percent change
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VS.
TIMESHARE
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
More information on our formula...
Hotels usually sleep 2 adults per room, whereas the average timeshare units offer multiple private bedrooms, sleeper sofas and sometimes even bunk beds - adding value not calculated here. Timeshare properties are condo style units that contain all of the comforts of home... and then some!
Hotel total cost includes a 10% hotel tax whereas the average U.S. hotel tax is currently around 13.4%.
Timeshare total cost includes an increase in maintenance dues each year of 3%, as well as an estimated $1,000 in closing and transfer costs. These are estimated and will vary by state, county and resort.
Total savings does not take into consideration the added benefit of a timeshare unit having a spacious living room, washer and dryer, dining room and full kitchen, all of which add value and potential savings when you have the option to do your own laundry and enjoy a home cooked meal instead of dining out.