Fixed Week: 4Rare Week 4 -1 bedroom/1 bathroom unit at The Banyan Resort in Key West. Located right in the center of Old Town on Whitehead St., 1 block from Duval St. Unit has 2 decks with French doors. This is a very difficult property to get into during this time of the year. The resort boasts beautiful gardens, two swimming pools, Tiki Bar, bicycle rental on site, washers/dryers on site, and gorgeous banyan trees. Closing costs of approximately $1,000 will be the responsibility of the buyer. 2025 Real Estate Tax= $330.74. 2025 Operating Fee is 1,512.18. Reserve Fee is 453.64. Club Dues is 219.00. Part of Interval International listings.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$13500.00
Annual Dues
$1512.18
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
Recalculate >
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
Recalculate >
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.