Good sales offer to help increase ownership status

[Gemini Chica]

Just had a good offer, I would be interested if I was trying to get to Presidential or Chairmans but as already there I don't need more weeks.

4 weeks in Playa Andaluza
Gold season
Price - 26.000€/26.000$/22.000GBP
First year use 2024
9600 points annually
Gift 3000 DP

If interests anyone else then drop me a PM and will pass on the contact details for my rep.

 

[Venter]

What are the MF's?

 

[Gemini Chica]

What are the MF's?

I only own 3 beds there which 1440€ last year so I estimate 2 beds about 1300€.

 

[Dean]

Just had a good offer, I would be interested if I was trying to get to Presidential or Chairmans but as already there I don't need more weeks.

4 weeks in Playa Andaluza
Gold season
Price - 26.000€/26.000$/22.000GBP
First year use 2024
9600 points annually
Gift 3000 DP

If interests anyone else then drop me a PM and will pass on the contact details for my rep.

$26K total or pre unit?

 

[Gemini Chica]

$26K total or pre unit?

Total!

 

[winger]

I only own 3 beds there which 1440€ last year so I estimate 2 beds about 1300€.

US$ is about on par with the Euro$ at the moment, but if/when the Euro$ strengthens again, there also up goes the MF. This currency component is in addition to any normal factors that lead to annual MF increases.

 

[StevenTing]

that’s a fantastic deal. the salesperson on Satursay said I’d never find anything less than $8 a point now in a bundle. This isn’t even a bundle and it’s still less than $3 a point.

 

[bazzap]

Just had a good offer, I would be interested if I was trying to get to Presidential or Chairmans but as already there I don't need more weeks.

4 weeks in Playa Andaluza
Gold season
Price - 26.000€/26.000$/22.000GBP
First year use 2024
9600 points annually
Gift 3000 DP

If interests anyone else then drop me a PM and will pass on the contact details for my rep.

This is an extraordinary deal.
The most recent “Special offer” deal for Spain just back in July was for Platinum weeks but massively higher per week!
X 2 weeks 2 bedroom platinum Marbella
€60,000
£50,400
$64,800
X2 weeks 2 bedroom platinum Mallorca
€45,000
£37,800
$48,600
Plus special gift

 

[igopogo]

MF is $1279 per week, about 53c per point.

 

[Gemini Chica]

It does not enroll external weeks, however he did say you never know, like all these things, don't ask don't get.

 

[Dean]

Just had a good offer, I would be interested if I was trying to get to Presidential or Chairmans but as already there I don't need more weeks.

4 weeks in Playa Andaluza
Gold season
Price - 26.000€/26.000$/22.000GBP
First year use 2024
9600 points annually
Gift 3000 DP

If interests anyone else then drop me a PM and will pass on the contact details for my rep.

That is a really good deal if it's total though still reasonably high fees but less than just points ownership. Sounds like they have a significant excess of Gold 2 BR Gardenview units.

It does not enroll external weeks, however he did say you never know, like all these things, don't ask don't get.

Usually with enrollment they have a minimum spend. This might get one week enrolled, I an't see it getting multiple weeks but as you say, you never know until you ask.

 

[bazzap]

That is a really good deal if it's total though still reasonably high fees but less than just points ownership. Sounds like they have a significant excess of Gold 2 BR Gardenview units.
Usually with enrollment they have a minimum spend. This might get one week enrolled, I an't see it getting multiple weeks but as you say, you never know until you ask.

At the previous prices we were quoted, they required 2 weeks (unofficially?!), 3 weeks (officially) to enrol multiple weeks (4 in our case), but it certainly never does any harm asking.

 

[Dean]

At the previous prices we were quoted, they required 2 weeks (unofficially?!), 3 weeks (officially) to enrol multiple weeks (4 in our case), but it certainly never does any harm asking.

Normally they look at it in dollars or similar. The number of weeks is likely just a representation of how the prices compared to their dollar limits.

 

[timsi]

If the economy slows down, this may be just the beginning. The rental market is pretty hot this year but if 2023 is not very strong, Marriott will not want to sit on a large number of units and pay for their maintenance fees.

 

[Maple Leaf]

Just came back from Playa Andaluza and the MVC Marbella 25th anniversary offer was a 1 week 2 bedroom Marbella Silver season (2225 VCP or 75,000 Bonvoy), list price of $18,000 offered for $10,800 plus holiday gift of 2000 VCP. Availability in 2023 with no maintenance fee until 2024. I think the Maintenance fee was around $1400. That's ~$4.23 pp, not nearly as good a deal as Gemini Chica.

 

[bazzap]

Normally they look at it in dollars or similar. The number of weeks is likely just a representation of how the prices compared to their dollar limits.

Yes agreed, if it was Platinum weeks 2 would be sufficient, but this latest pricing would be substantially lower if enrolment allowed.
We were offered X2 weeks 2 bedroom platinum Mallorca, at the then exchange rate of
€45,000
£37,800
$48,600

 

[Gemini Chica]

They really looking to hit end of year targets now.....
6 weeks in Playa Andaluza
Gold season
Price - 39.000€
14400 points annually

 

[DanCali]

They really looking to hit end of year targets now.....
6 weeks in Playa Andaluza
Gold season
Price - 39.000€
14400 points annually

Seems identical to what you posted a few weeks ago with 4 weeks for €26,000, but just with a 50% larger purchase requirement. Am I missing anything? Is the Plus Points gift also 50% larger (4500 vs 3000), or is that more generous?

Doesn't it narrow the buyer pool when you go to €39,000 and you also do it at the same cost per week? If they were trying to incentivize people (who perhaps viewed €26,000 as unaffordable) shouldn't they be going in the direction of 2 weeks for €13,000 or one for €6500? Or maybe also allowing the enrollment of a bunch of other resale weeks for a €39,000 purchase?

 

[Jim Mc]

I purchased 2 weeks at $23k and after closing I was able to roll one of my 3rd party purchases over into Destinations/Abound. Also, received 4400 plus points

No guarantees but even if they didn't roll the other property in, the 4800 points at $23k was good. However, these are not life time deeds, they are right to use and currently there are, I believe, 30 years left.

 

[bazzap]

They really looking to hit end of year targets now.....
6 weeks in Playa Andaluza
Gold season
Price - 39.000€
14400 points

I purchased 2 weeks at $23k and after closing I was able to roll one of my 3rd party purchases over into Destinations/Abound. Also, received 4400 plus points

No guarantees but even if they didn't roll the other property in, the 4800 points at $23k was good. However, these are not life time deeds, they are right to use and currently there are, I believe, 30 years left.

Yes the RTU term for Playa Andaluza runs until 2052, although it is most likely that it will be renewed at that time.
So RTU v deeded weeks was never really a factor in our purchase.

 

[beacon243]

Yes the RTU term for Playa Andaluza runs until 2052, although it is most likely that it will be renewed at that time.
So RTU v deeded weeks was never really a factor in our purchase.

What do you mean renewed? Will Marriott renew this for free ?

 

[Dean]

What do you mean renewed? Will Marriott renew this for free ?

Generally RTU have a renewal clause in them. I haven't seen the docs there but generally if a RTU expiration is extended, it is for free but it does continue the commitment of the owner which might be a major cost by then. There is no guarantee it will be extended, I'd assume it wouldn't be but consider the possible extension of the fee obligation. My view on RTU is it's a non factor until one gets under about 20 years and then it's just a financial consideration until the last 5-7 years. I would not let RTU with a 30 year expiration be a major factor in a timeshare purchase. While I personally see it as a slight negative, some see it as a positive to remove the obligation. Maybe Barry or someone else can speak to specifics of the Spanish resorts & their RTU.

 

[bazzap]

What do you mean renewed? Will Marriott renew this for free ?

I checked the HOPA for our Playa Andaluza RTU ownership and if I understand all the "legalese" correctly then at the end of term either
- after discharging any liabilities and management charges, the net proceeds of sale are distributed to existing holiday owners in good standing
or
- the plan is renewed along with the RTU ownership for existing holiday owners in good standing

 

[Gemini Chica]

Seems identical to what you posted a few weeks ago with 4 weeks for €26,000, but just with a 50% larger purchase requirement. Am I missing anything? Is the Plus Points gift also 50% larger (4500 vs 3000), or is that more generous?

Doesn't it narrow the buyer pool when you go to €39,000 and you also do it at the same cost per week? If they were trying to incentivize people (who perhaps viewed €26,000 as unaffordable) shouldn't they be going in the direction of 2 weeks for €13,000 or one for €6500? Or maybe also allowing the enrollment of a bunch of other resale weeks for a €39,000 purchase?

Agree, its just the same with more on top, I didn't ask about the extras points etc as I dont want more weeks, but I would assume its the equivalent to the other one.

 

[Gemini Chica]

I checked the HOPA for our Playa Andaluza RTU ownership and if I understand all the "legalese" correctly then at the end of term either
- after discharging any liabilities and management charges, the net proceeds of sale are distributed to existing holiday owners in good standing
or
- the plan is renewed along with the RTU ownership for existing holiday owners in good standing

So how do you interpret this Bazz? We either get it renewed and carry on as before or any proceeds get divided up, meaning they sell the resort? Can't see them doing this as its popular.