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Free to Good Home - Presidential Villas RED Float EOY RCI Points @ .0089 per Point!

jlwquilter

TUG Review Crew: Veteran
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Hello Bargain Hunters!

I am offering up my Presidential Villas timeshare (Myrtle Beach), which I have owned for 8 years now - my, how time flies! It is of course completely paid for, free and clear.

This timeshare receives 104,000 RCI Points Every Other Year - Odd years. So the next whack of points will be for this year. It is a RED Season week - max points (and TPUs as discussed below) for the maintenance fee buck.

Maintenance fees are $924, payable every other year, billed in December and due in January.

Cost per RCI point is a low $.0089... so well under a penny per point!

I have used this ownership to trade into a 2 bed unit in New Orleans, 2 bed units at The Galleon in Key West, as well as for 2 beds unit in various Florida resorts.

The underlying unit is a 3 bedroom lockoff - which locks off into a 2 bed unit [8(6)] and a hotel unit [4(2)]. The underlying week /unit is Week 25, Unit 233 C1. You can convert the week from points into weeks if you want to. I have a weeks unit here as well and I get about 65 TPUs, which comes out to $14.25 per TPU - not a bad deal either if you like TPUs instead of Points.

This resort offers a lot of value and flexibility!

The new owner pays for all closing related costs. When I bought I used the company partnered with the resort and it was cheaper than other closing company but the buyer can choose whichever firm they want.

I look forward to handing this baby off to someone who can use it as effectively as I have!
 

jlwquilter

TUG Review Crew: Veteran
TUG Member
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I forgot to mention that this is a red/high season float week 3 bedroom unit that can be pulled out of points. I already have this ownership in weeks and get a ton of TPUs when I split the deposit. I am actually at a timeshare right now so do not have immediate access to the number of TPUs I recently got for my deposit. I'll update this thread when I get home :)
 
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