Vacation Time Vs. Maintenance Fees
Vacation Time Vs. Maintenance FeesA common question our clients ask time and time again, is simply “What HGVC resort has the most affordable maintenance fees?”. In order to answer this question, we’ve amassed a huge data set from owners that have posted their maintenance bill on the Timeshare User’s Group forum. First, we’ll just list the top 5 properties that feature highest value when comparing maintenance fees to point amount, but for those looking for all the data, we’ve included an embedded spreadsheet so you can look through all the numbers.
Please keep in mind the Hawaiian resorts don’t include local taxes, and all figures are crowd-sourced from the forums so inaccuracies could be present, but this was an interesting and fun exercise none-the-less.
1.) Craigendarrock Suites, 8400 Point, Platinum
Believe it or not this international resort has been show to be the lowest cost per point of all resorts. If you were to own and Platinum 8400 point contract, the maintenance fees were reported to be just $756.34 for the year of 2018. That’s just 9 cents per point in maintenance fees.
Maybe this affordability is due to exchange rates, which could change through time, but the data collected doesn’t quite show the non-US Dollar figures? Unfortunately, there are very few resale contracts listed for sale, so we generally don’t steer our clients toward this property but it was a surprising find for me!
2.) Grand Waikikian, 12600 Point, Platinum
Again another shocking find, when owning a 12,600 point Platinum contract at the Grand Waikikian in Honolulu, the maintenance fees were reported to be just $1,178.20 (excluding local HI taxes, not reported) for the year of 2018, which comes out to 9.35 cents per point.
This could be an amazing contract to own, but it is on the higher end of initial cost with contracts currently priced at about $25,000. For the person who wants to have home resort priority booking in Hawaii, this unit would be a great choice.
3.) King’s Land, 23000 Point, Platinum
Another Hawaiian resort ranking high in per point maintenance fees. Of course, this is excluding local Hawaiian taxes, and it is a monster of a contract at 23,000 points. If you were to own and Platinum 23000 point contract, the maintenance fees were reported to be $2,166.79 for the year of 2018. That’s just 9.42 cents per point in maintenance fees.
Again, this is a huge number of points to purchase at a relatively expensive resort, so the initial purchase price would be pretty big. Also, we generally don’t have many listings for this number of points at this resort, but if you look at the bottom of this article for the full list you’ll see King’s Land contracts with lower numbers of points rank pretty well also.
4.) Las Vegas Strip, 6200 Point, Platinum
This one was no surprise, we sell a ton of ownerships at The Boulevard, or Las Vegas Strip, as it offers impeccable value when looking for a Hilton Timeshare. If you were to own a 6200 point contract, the maintenance fees were reported to be just $610.10, which comes out to 9.84 cents per point.
Not only are the maintenance fees affordable per point, but the initial purchase price is relatively very low. When booking 9 months or less in advance, the points from this type of ownership book exactly the same as contracts that are 4-5 times more expensive in initial purchase price.
5.) Elara, 11400 Point, Platinum
Again, another Vegas property ranking high in value when looking at maintenance fees. If you were to own a 11400 point contract, the maintenance fees were reported to be just $1,190.51, which comes out to 10.4 cents per point.
Elara also happens to be my favorite Las Vegas property, you can view our video review of the resort here. We’ve had a blast staying at this resort, and the initial purchase price is very good as well!
