We are selling this timeshare for one dollar because we can no longer use it. New owner will have full deeded owner rights in perpetuity. The only charge is the annual owner's assessment that is currently approximately $990 per year.The unit is fully furnished. All you have to bring is your bathing suit and sunscreen. You can prepare your meals in the fully appointed kitchen and/or go out to eat at many of the great restaurants nearby.Schooner Landing is an ocean side resort with direct beach access. The prime Cap Cod-style condominiums offer complete functional amenities to give you the relaxation you’re looking for. The comfort of each beautifully appointed condominium invites a “home away from home: feeling. Schooner Landing is part of the RCI Resorts program. You can stay at one of the hundreds of RCI locations worldwide, if you deposit this unit's points in RCI.The friendly staff is always ready to share ideas on how to make your stay in Newport, Oregon unforgettable.Beach access is available within walking distance. The condo sleeps six people.The unit features deluxe amenities: gas fireplace, wet bar, television, DVD player and a full kitchen including microwave over.ACTIVITIES NEARBY: Aquarium Boating Casinos Deep-Sea Fishing Golf Hiking Horseback Riding Museums
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$1.00
Annual Dues
$990.00
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.