Floating Weeks: Red Season/Silver Flex - 7 nights per year annually. No weekend usage permitted.Next use: 2024Maintenance fees/taxes 2024: $2,906*Closing costs and transfer fees are to be paid by the buyer**Buyer to pay maintenance fees for first year of usage*Additional details per the owner:* The resort is located in one of the most convenient locations in the most vibrant and culturally rich cities of the world (minutes away from Carnegie hall, Lincoln Center, Radio City Music Hall,Theater district, Time Square, Empire State building, Rockefeller Center, Central Park, Penn Station, Port Authority bus terminal) and a large number of eating establishments and shopping options.*Flexibility of split week - this allowed us to visit the city multiple times as we enjoyed going to Theater, Concert , Ballet, etc. as well as walking in the park / nature.*Concierge service and Valet parking as an owner even if we did not stay there.*Ability to use the beautiful lounge and having friends meet us for a drink before going to dinner with them or having clients over for a drink at the end of an exhausting work day.*Ability to use the business center.*Ability to rent conference room for private meeting (subject to availability of course).*Well-equipped Gym in building.*Well-appointed rooms with most of the desirable amenities - well-maintained facilities.*Ease of transportation and options - Taxi, bus, metro.*Last but not the least is the friendly and helpful staff - who always made us feel welcome and at home.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$0.00
Annual Dues
$2791.00
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.