2020 Hilton Grand Vacations Maintenance Fees

[sunshine10021]

57th St NYC

1 Week: Penthouse, Platinum, 16,800 points
1 Week: 1 Bedroom, Platinum, 7,200 points
2 Weeks: Studio Plus, Platinum, 5,250 points for each week

34,500 points

2020 Operating Fee: $7430.49
2020 Reserve Fee: $924.62
2020 Real Estate Tax: $888.89
Total: $9436

2019: 9119.74
2018: $8681.44

 

[Smclaugh99]

57th St NYC

1 Week: Penthouse, Platinum, 16,800 points
1 Week: 1 Bedroom, Platinum, 7,200 points
2 Weeks: Studio Plus, Platinum, 5,250 points for each week

34,500 points

2020 Operating Fee: $7430.49
2020 Reserve Fee: $924.62
2020 Real Estate Tax: $888.89
Total: $9436

2019: 9119.74
2018: $8681.44

Wow! I didn’t know there were others who stockpile NY HGVC points. I have 24,000 HCNY plus 3,750 West 57th points. Did you get your 34,500 W57 points retail, resale, or combination? I’m sure the sales people would love to try to get you to trade some of your deeds and buy into Central at 5th or The Quin.

Sean

 

[CarlosRobayo23]

Fiesta American Los Cabos (FAVC) - Cabo San Lucas

1 Bedroom = 4800 points
Total MF - $936.96

2 Bedroom - 7000 points
Total MF - $1,366.40

Moderator added:
The multiplier has increased from from $0.1895/pt to $0.1952/pt.
Increase of 3.01%

Can you please you add the Club Dues for 2020?

 

[Helaine]

Can you please you add the Club Dues for 2020?

I'll have to check. They were around $300.00 and include the reservation fees and up to 4 change fees in the cost.

 

[Sebastiantheibis]

Wow! I didn’t know there were others who stockpile NY HGVC points. I have 24,000 HCNY plus 3,750 West 57th points. Did you get your 34,500 W57 points retail, resale, or combination? I’m sure the sales people would love to try to get you to trade some of your deeds and buy into Central at 5th or The Quin.

Sean

Did they try to get you to go to the Quinn or to the Hilton Club ?

 

[Smclaugh99]

Did they try to get you to go to the Quinn or to the Hilton Club ?

The sales people are always trying to move you up the Elite chain and are good at showing you what you own “isn’t good enough” or not a good use of your points. I won’t rehash my points journey but I “upgraded” my ownership from 3750 W57 + 14.4k KingsLand to 24k HCNY, making me Elite Plus. Of course, it was not cheap. This was May/June 2018. Only several months later (my first time at HCNY), sales woman told me how terrible it was that I was not Elite Premier and tried to get me to convert some of my points (and buy more) in the Residences. In 2019, they were pushing Central at 5th - at that time, they did not know how they were going to sell The Quinn but intimated MF were going to be sky high. I declined both and ended up getting resale points for non-NY trips.

Sean

 

[Sebastiantheibis]

What is the price per point at W 57th?

 

[eyes1227]

3BR SeaWorld (OVSI)

2020 Operating Fee - $758.51
2020 Capital Reserve - $317.98
2020 Painting Reserve - $10.48

TOTAL (ex RE tax) - $1086.97



1BR SeaWorld (OVSII)

2020 Operating Fee - $540.37
2020 Capital Reserve - $169.26
2020 Painting Reserve - $7.07

TOTAL (ex RE tax) - $716.70

What does OVSI indicate?

 

[dayooper]

What does OVSI indicate?

Orlando Vacation Suites Phase 1 while OVSII is the second phase.

Sea World was built in 2 phases and, if I remember correctly, the MF’s are slightly different for the 2 phases.

 

[dayooper]

What is the price per point at W 57th?

Depends on the season and room designation.

 

[DazedandConfused]

And that is what I use (6200 pts) for the MFs db. This unit is like the "gold standard" of HGVC MFs. I know that there are some others now out there which have better MF/point rations but that could easily change once the newer property construction is completed. I never saw this unit for sale while I was purchasing.

I just bought one resale from Julie K for $5,000 plus closing costs, total was $6,300

Why don't you include the Hawaii real estate tax in the calculations as it is mandatory.

 

[GT75]

Why don't you include the Hawaii real estate tax in the calculations as it is mandatory.

I do if someone posts them, but they aren’t included on the budget reports.

 

[Cyberc]

I just bought one resale from Julie K for $5,000 plus closing costs, total was $6,300

Haha

I made an offer on that one, 2k and sellers paying closing. I now see I had no chance of winning that bid.

Congrats

 

[DazedandConfused]

Haha

I made an offer on that one, 2k and sellers paying closing. I now see I had no chance of winning that bid.

Congrats

No wonder they took it so fast.

I probably could have paid less, but I am happy with this contract as the combination of purchase price of $0.81 and annual dues of $.1044 is the lowest I have seen for a Platinum week.

 

[dayooper]

No wonder they took it so fast.

I probably could have paid less, but I am happy with this contract as the combination of purchase price of $0.81 and annual dues of $.1044 is the lowest I have seen for a Platinum week.

That’s a great deed. Was it the one in the marketplace?

 

[DazedandConfused]

That’s a great deed. Was it the one in the marketplace?

Judi K email update

 

[Cyberc]

Just in for 2020


2020 MF for Vilamoura

2br: 703.56EUR approx $819

The MF is the same as in 2019 but due to exchange rate differences between USD and EUR the 2020 seems to increased.

Sorry don’t have the numbers for the 1Br.

 

[Sandy VDH]

Just in for 2020


2020 MF for Vilamoura

2br: 703.56EUR approx $819

The MF is the same as in 2019 but due to exchange rate differences between USD and EUR the 2020 seems to increased.

Sorry don’t have the numbers for the 1Br.

I assume @Cyberc that this is 2021. Or are you just now getting billed for 2020 MFs? If so that would be really late.

 

[Cyberc]

I assume @Cyberc that this is 2021. Or are you just now getting billed for 2020 MFs? If so that would be really late.

Yes it’s for 2020.

vilamoura have always billed the owners during summer time but I assume that due to corona that they are a late this year.

 

[Bazza]

Yes it’s for 2020.

vilamoura have always billed the owners during summer time but I assume that due to corona that they are a late this year.

Hi all, just joined this forum.
We've been owners at Vilamoura, Portugal for 11 years now. Love the place. However, what with Covid, and our airline cancelling very near our travel date, we are a bit peeved that today I got the MF bill - 703 Euros.
Anyone had success in getting this years MF revoked? I've emailed asking the question, but don't hold out much hope.
Be interested to hear.
Thanks,
Bazza

 

[Cyberc]

Hi all, just joined this forum.
We've been owners at Vilamoura, Portugal for 11 years now. Love the place. However, what with Covid, and our airline cancelling very near our travel date, we are a bit peeved that today I got the MF bill - 703 Euros.
Anyone had success in getting this years MF revoked? I've emailed asking the question, but don't hold out much hope.
Be interested to hear.
Thanks,
Bazza

Even with COVID-19 the resort need to ensure they are able to pay taxes, salaries to employees, upkeep for the resort etc.

if the resort have been 100% closed the salaries will see a cut unless Vilamoura does the right thing and keep people on or ensure salary compensation from the government (if it’s available in Portugal).

Maybe in 2021 there will be a deduction but right we don’t know. It could also increase due to the extra cleaning needed.

Even with your country recommending not to go and airfare getting cancelled, mine included, the resort remains open - it’s not their “fault” that you can’t come.

I wouldn’t hold my breath for a refund or similar. However you do get your points freely saved to 2021 and you can book a nice vacation with them then.

 

[Bazza]

I hear what you're saying and fully understand. Obviously we will pay and just hope that we can visit again next year - but who knows!
Thanks for your reply Cyberc

 

[Bazza]

Incidentally Cyberc, I've always wondered why we don't attain Hilton Honors points on our visits. I acquire points round the world on business and pleasure, but HGV owners never get points during stays.

 

[Cyberc]

Incidentally Cyberc, I've always wondered why we don't attain Hilton Honors points on our visits. I acquire points round the world on business and pleasure, but HGV owners never get points during stays.

If you book a cash stay you will get HH points. HGV and Hilton resort hotels are not the same. When you make a reservation at a HGV resort you pay with your points And not cash. HGV and Hilton have an agreement which allows HGV owners to exchange their HGV points to HH points. When exchanging you give Hilton the rights to use your HGV points for a reservation which they can rent to cover the use of the points which you got and of course hilton makes some money doing so.