Seller Notes:** This ownership participates in The Spinnaker Flexible Ownership
Program. **
Per the resort, this ownership can be used at Egret Point, Southwind,
Southwind II and Waterside Resorts. Waterside is the home resort.
Floating weeks: 1-52 (based on availability)
Next use: 2026
Maintenance fees 2024: $1,001 (billed on even years)
Per owner: Buyer, once sale is closed, will be able to make reservation
for 2026 12 months in advance of desired 2026 usage date.
NOTE: The management company also requires a payment of $750.00 from the
Buyer to be applied to future maintenance fees (not to be applied to the
2024 fees). The $750.00 will be applied to the 2026 maintenance fee
invoice and Buyer will pay any remaining amount at that time.
*Closing costs and transfer fees are to be paid by the buyer*
*Buyer to pay maintenance fees for first year of usage* *Seller will
contribute $1,001 to the first year's usage maintenance fee (2026); buyer
to pay the difference.*
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$100
Annual Dues
$1001
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.