This is a premium, 1st floor, 1115 s.f. 2 BR unit with parking right next to the front door. The lanai overlooks the green with views of the ocean. The unit enjoys direct sun in the morning and in the afternoon it is shaded from the setting sun, so the 210 s.f. lanai is the perfect spot to enjoy a cocktail.There is a separate 72 s.f. lanai off the guest bedroom. Here is a video taken from our lanai: https://www.dropbox.com/scl/fi/9jsnygiirfnkqds7ydd9a/IMG_1607.MOV?rlkey=376z9fym03zaz9vlim5219xgb&st=cw8zym7w&dl=0The Maui Lea is located just across from the boat ramp south along S. Kihei Road. The community is adjacent to Wailea and Okolani Drive. Kilohana Drive is just around the corner with quick access to the airport, Lahaina, Safeway, etc. The ocean parks and restaurants in Kihei are within walking distance. There is a full-service deli across the street at the community beach with bike, SUP and snorkeling rentals.The property is now fully solar with new, ultra-quiet split-unit air conditioners, so utility bills are low, and comfort is delightful. The management company is highly competent and responsive. The property is exceptionally maintained with lush, mature landscaping.There is much more information and photos of the property at the website: https://mauilea.com/about-us/property/Units 5KK & 5JJ are co-listed together. Buy both and save $1000!*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
$6825.0
Annual Dues
$1516.00
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
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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.