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$1 for Ritz St. Thomas - Good deal?

n42

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Hi,

Saw this on eBay the other day. It sold within minutes. Maintenance fees are $15k/year (3 rotating weeks per year: 2 consecutive winter weeks and one summer week). I believe there is no ROFR on this property? I’m wondering if the buyer got a good deal:

 

Tia

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Hi,

Saw this on eBay the other day. It sold within minutes. Maintenance fees are $15k/year (3 rotating weeks per year: 2 consecutive winter weeks and one summer week). I believe there is no ROFR on this property? I’m wondering if the buyer got a good deal:tt

I guess if you want to go too STT then stay at the Ritz , are able to easily afford those fees, its a deal.
 
Last edited:

VacationForever

TUG Review Crew
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Good deal or not is dependent on whether you "need" to stay at Ritz and that you go to STT twice a year. My MF (MVC/Vistana/WM) is about $15K and it enables me to travel about 3 months a year in a 2BR. I am also not forced to get on a flight to travel.
 

jp10558

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Resorts Owned
HGVC Seaworld
Wyndham Smoky Mountains
Foxrun Lake Lure
Good deal or not is dependent on whether you "need" to stay at Ritz and that you go to STT twice a year. My MF (MVC/Vistana/WM) is about $15K and it enables me to travel about 3 months a year in a 2BR. I am also not forced to get on a flight to travel.
And I'm maybe not doing as well as you, but at $5,600 a year I get 3-6 weeks in a 2BR depending on season and if I save points from the year before etc. I don't need to stay at the Ritz - not for $5k a week. I much prefer ~$1250 a week or less.
 
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