Seller Notes:Per the owner: This is a 2 bedroom, 3 bath Grand Luxxe Presidential
Suite, to be built at the Vidanta World theme park, which opened phase 1
in October 2023. This property is at a level above the regular Grand
Luxxe properties. This level likely ensures you best floor and best views
when making a reservation at any unit lower than this (during
construction and for the life of the contract). The asking price is less
than half of the owners investment in the property, and much less than
the $287,500 pre-construction retail price of this contract, as stated by
Vidanta.
Floating weeks: Any, Excluding Christmas, New Years, Holy Week, and
Easter
Next use: 2024
Maintenance fees 2022: $2,730
Check in day: Friday-Monday
Per the resort estoppel dated 9/23/22 there are 9 usage weeks remaining
Per the resort: This contract is able to book at different sister
resorts. However, the unit size varies depending on the resort booked.
Per the owner, the available resorts are: * Grand Luxxe Master Villa *
Grand Luxxe Master Suite * 1 Bedroom Loft Residence at Grand Luxxe * Any
Grand Bliss * Any Grand Mayan * Any Mayan Palace * Any Sea Garden
Per the resort: Transfer fee is $2,625.00
*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
$87000
Annual Dues
$2730
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
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.