Post reply

Re: WALK AWAY FROM TIMESHARE (by Charles G.):

ann286 wrote:

jayjay wrote:

Jayjay,

In answer to your question, he likely paid in the neighborhood of $28,000 per each week ($28Kx12=$336,000), with the fees and taxes approximately $700-$800 per week per year (approx $9,000 year). Keep in mind that he was weighing that against a $1.5 million condo with yearly property taxes at 1.25% or $18,750. He didn't see any condo's in the area that lived up to the life style of the Marriott resort, so he bought the weeks instead. Chuck Chuck, I'd be curious to know what he paid for his 12 Marriott platinum weeks and what his yearly maintenance fees are? I can't even imagine :o).

chuckg21 wrote:

In 2004, I met a local resident who lived in the Palm Springs area and wanted a condo in Luguna or Newport Beach to escape the torrid heat of the summer. Rather than pay the $1.5 million for the condo, he purchased 12 weeks in the platinum season at Newport for a fraction of the cost. This is just an example why some people purchase multiple weeks. Chuck

There are actually four owners at Newport Beach who have purchased all 52 weeks at the Marriott Resort! We are on Marco Island and we have sold more 4, 8 and 12 week packages here than any other resort!