Bluewater in Hilton Head

[randster2]

I attended a Bluewater presentation today. The rep said interval international gives two weeks for every one week deposited. For a three bedroom three bath deposit, does interval International give a two bedroom exchange iand a one bedroom exchange? Does Interval International give an accommodation certificate as the second week? The rep stressed the golf package is a strong selling point for the resort, and rentals are strong. Anyone have any opinions on the strength of trades for this resort?

 

[elaine]

I believe that you cannot choose which week to deposit with II and that they usually do not allow prime summer weeks to be deposited. Based on that, I would pass. OTOH, I own Waterside by Spinakker fixed summer week (bought resale 10 years ago) and have been very happy with it. We don't use it that often now, but I am glad I can deposit my summer week, still with RCI.
I would not buy for the golf. It's a nice perk, but no reason to buy.

 

[tschwa2]

and I am not entirely sure, he didn't mean you get credited with one deposit and there is a developer sponsored AC for the first X number of years after buying directly from the developer. Not only will they deposit a week between 1-22 or 36-52, the AC won't have the same pull as a regular deposit and may have additional restrictions. The only way you would actually get a two deposits would be if they deposited a 2 br and a 1 br from one of their sister resorts.

There are still very limited 3 br Bluewater HHI units on the resale market. The only reason I would buy from the developer would be if you plan on staying regular there during the summer and would use the golf package and could not find a resale week that meets your needs and the TS and MF are within your budget without allowing for more than $100-$200 over MF if you can reserve a prime week and rent it out when you don't want to use it.

Do not buy because you think it will be a great trader (you can find the same or better for less than a developer purchase) or because you think you can make a lot of money renting it out through there rental program. I think they will also not let you reserve a summer week to use with the rental program.

I stayed there over Easter this year in a 3 br unit and thought it was lovely but I don't think it would have the strongest demand as a rental if you are renting it on your own because it is not ocean front and it is on a part of the island that many consider less desirable. We loved walking down to the pier at sunset and just sitting and talking while the sun dropped down.

 

[elaine]

I much prefer Waterside's location. I don't even need my car sometimes for a few days at W.

 

[jme]

Don't buy Bluewater, now or ever------nothing great about it, and definitely not worth buying into the Spinnaker system for trades. FYI, Bluewater is in a bad isolated location, far from island activities and 95% of restaurants, and it's way way too expensive for what you get. Not even worth resale.

If you WANT something, begin looking for a Waterside week resale on ebay or other sites. We own 2 Waterside weeks, both 3-BR floating weeks 1-52, and use it for our kids, my staff, or renting out. Nice resort, good location, nice pools, recently 2 buildings were completely renovated, more to come.

Great golf packages, best on island actually. Also our ownership can be booked at any one of 4 HH Spinnaker resorts if we want, but Waterside is what we own and it's the best so we stick with that.

I bought the two 3-BR Waterside weeks for $450 and $350 about 5 years ago. MFs are about $820, and it rents for well above MF.

good luck

 

[rsackett]

Don't buy Bluewater, now or ever------nothing great about it, and definitely not worth buying into the Spinnaker system for trades. FYI, Bluewater is in a bad isolated location, far from island activities and 95% of restaurants, and it's way way too expensive for what you get. Not even worth resale.

If you WANT something, begin looking for a Waterside week resale on ebay or other sites. We own 2 Waterside weeks, both 3-BR floating weeks 1-52, and use it for our kids, my staff, or renting out. Nice resort, good location, nice pools, recently 2 buildings were completely renovated, more to come.

Great golf packages, best on island actually. Also our ownership can be booked at any one of 4 HH Spinnaker resorts if we want, but Waterside is what we own and it's the best so we stick with that.

I bought the two 3-BR Waterside weeks for $450 and $350 about 5 years ago. MFs are about $820, and it rents for well above MF.

good luck

How hard is it for you to reserve a summer week at Waterside? How about a week 26 or 27?

Ray

 

[tschwa2]

I don't think it is that hard but you would have to prepay the following years MF and request as soon as the booking window opens, which I believe is 12 months. I don't like that the developer restricts owners from depositing summer weeks with II, but it does make it easier to reserve summer months for that reason.

If I remember correctly too though you can't reserve the exact same week two years in a row. So if you reserve week 27 in 2017, the following year you would have to pick another week. This is also to keep the same owners from monopolizing certain popular weeks.

Waterside has a number of fixed week owners as well. I don't know what percentage floats.

 

[elaine]

I have a week 26 and have talked to several persons who owned the floating/flex weeks that were staying week 26. They all said they reserved while they were on vacation the prior year. Probably the rotating 26/27 that other poster said. I was impressed that the floats could actually get a prime week.