This is a unique finely appointed 3 bedroom, 3 bath suite that will accommodate 8 guests (2 king beds, 2 twin beds and 1 pull-out sofa) in a separate two-story building of 8 units. It is a second floor unit with two bedrooms and two bathrooms on the main floor and the third bedroom and third bathroom upstairs. The unit includes a balcony off of the back of the main floor, a separate laundry room with full-sized washer and dryer, and two bicycles in an attached locked storage room. Usage is Saturday to Saturday annual in week 15 (April 13-20, 2024), which historically is during the PGA Heritage Golf Tournament (https://rbcheritage.com/) at Harbour Town Golf Links (April 15-21, 2024).The 2025 week (week 15) will be the first one available to use. It is a Saturday to Saturday week. This is a RCI Red week with a trade-in value of 31 points. The Waterside by Spinnaker resort is available for deposit and vacation withdrawals at both RCI and International Interval.Terry Currently, yearly maintenance fee and taxes total $1050.Guests have complimentary use of the following amenities: • Wi-Fi Access • 2 Outdoor Pools (1 Heated) • Hot Tub • Children’s Pool • BBQ Grills • Check-in Center and Game Room • Spinnaker Activities*Closing costs, administrative fees, and transfer fees are to be paid by the buyer**Buyer to pay required pre-paid future maintenance fees, which will be used for first years of usage*
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$4200.00
Annual Dues
$1050.00
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.