[ 2023 ] Hapimag

[Maple_Leaf]

I'm interested in doing annual European vacations of 3-4 weeks duration. I've been looking at Hapimag and had a few questions for current owners:

• How did you buy your shares? Owner resale? A broker?
• How many shares did you buy?
• Have you been happy with the availability of resorts?

 

[tschwa2]

I didn't know there were any Hapimag owners here on Tug.

 

[dioxide45]

If you do a search for "Hapimag" there are a number of threads that come up.

 

[Carolinian]

Hapimag is the only points system I have ever even considered buying in, and while I have visited their resort on Castle Hill in Budapest, I have never been a member.

Buying cheap resales is difficult with Hapimag due to their buyback program. I did some research some years ago and did not find any real deals out there, although I have not looked recently.

There is at least one regular on this board who is a Hapimag owner who can probably give you more information.

 

[Maple_Leaf]

Buying cheap resales is difficult with Hapimag due to their buyback program. I did some research some years ago and did not find any real deals out there, although I have not looked recently.

Thanks Carolinian. It appears Hapimag has recently established a resale marketplace at their website where owners can post a listing for shares and let the negotiations begin. I don't know whether this has replaced their buyback program or is a supplement to it. I've also found German brokers in Hapimag shares. Germans own about 60% of the shares.

 

[mpizza]

I own Hapimag and am happy to answer any questions you may have.

Will PM you my contact info.

 

[Venter]

You are also able to register and then make up to three reservations with cash to try out the system.

 

[Melhux]

I own Hapimag and am happy to answer any questions you may have.

Will PM you my contact info.

Hi, I have recently stumbled upon Hapimag. We are tossing around areas in Europe we would are interested in traveling to. Are you satisfied with Hapimag? Do you think you are saving money (most important to me)? What star would you give most of the properties?

 

[Maple_Leaf]

So I'm now the owner of one Hapimag share, entitled to 60 residence points per year at an annual charge of EUR327. It's easy to purchase a share on the Hapimag Marketplace. Each share provides the owner the option to buy up to 120 additional residence points on the Hapimag Points Platform. All residence points have an expiry date five years from the date of issue.

 

[Jez2Go]

@Maple_Leaf Happy to hear of your success! I'm interested in buying a share. But before I do, could you or @mpizza tell me how far out in advance you have to book for accommodations, and how many points are needed for an average one bedroom booking for a week. The website gives examples, but I'm not sure I understand it fully. I'm used to seeing points chart. Is there a website/pdf that you can refer me to that lists out points for each resort? Thanks in advance!

 

[Maple_Leaf]

You can book out about 14 months in advance. There's no points chart per se. Also, Hapimag prices units in a combination of points and euros. The points portion is meant to cover fixed costs for the system while the euro portion covers local variable costs e.g. labour and unique facilities. Examples:
- Paris, 1 BR, 1 week, May 2024, 105 points 413 euros.
- Athens, 1 BR, 1 week, May 2024, 77 points 322 euros.
- Cefalu, 1 BR, 1 week, May 2024, 42 points 387 euros.

 

[sparkle_steffie]

I own Hapimag and am happy to answer any questions you may have.

Will PM you my contact info.

I am also interested in learning more about Hapimag!

 

[Maple_Leaf]

As the Hapimag fiscal year-end approaches on April 30 it is an opportune time to purchase extra points that expire after April 30. For example, a London check-in say April 25 2024 can utilize these points that expire April 30 even if the stay extends into May. I just purchased extra points that expire April 30 for EUR 1.30 per point. I made the reservation using 2025 points but after the points purchase these 2024 points I just bought were automatically substituted into the reservation for the 2025 points. With the points marketplace Hapimag has created an excellent way for owners to monetize expiring points and for travelers at fiscal year-end to get great deals.

 

[jp10558]

I plan to eventually try some cash bookings with Hapimag once I get all the US timeshare stays out of my system lol. It looks pretty compelling to me.

 

[alwysonvac]

For those who are interested, here's some info I found on Hapimag's website.

Try out Hapimag (Book up to three stays, no obligations) - https://www.hapimag.com/en-gb/try-out-hapimag/

Common questions
Q: How can I try out Hapimag?
A: You can try Hapimag with no obligation and book up to 3 holiday apartments over a period of 24 months. Register with Hapimag and book your first holiday apartment in one of our resorts right away.
Q: At which can I try out Hapimag?
A: All our holiday apartments and all our resorts are available for you to try out. Only our houseboats can exclusively be booked by members only.
Q: Can I try out Hapimag more than 3 times?
A: Up to 3 holidays are possible when trying us out. If you want to continue spending your holidays with Hapimag, you can buy your first share and become a member.
Q: How do I become a member?
A: You can become a member at any time and buy your first share on our Hapimag Marketplace or via customer service. The marketplace works like a classifieds platform: Hapimag members offer shares for sale and the transaction happens directly between you and the selling member.
Q: What if I don’t like the experience?
A: You can stop trying out Hapimag at any time. If Hapimag is not the right choice for you, no further actions are necessary from your side. However, we would appreciate your feedback so that we can learn from it and improve.

YouTube Channel
https://www.youtube.com/@hapimag/featured

Leverage the Hapimag business model for growth by gaining new customers [Points Platform and the Marketplace]

​

Hapimag News – Dec 2022 [Welcome, Renovation Projects, Website, Marketing to Third Parties and Economic Situation)

How does it work and how much does it cost?​

Strategy, Money and Shares - https://www.hapimag.com/en-gb/members Membership (Buy a Share) - https://www.hapimag.com/en-gb/membership/ For Additional Questions see Help Section - https://help.hapimag.com/s/?language=en_GB By buying a Classic Hapimag share you become a member and are able to book holiday apartments - https://www.hapimag.com/en-gb/imprint/general-terms-and-conditions/ One Classic Hapimag Share = 60 point Bookings require points + cash (to cover local charges) Points are valid for five years. You may book apartments up to 15 months in advance. Another month is released on the first day of each month. This means, for example, that you will be able to book a stay for May 2025 from March 1, 2024 and for June 2025 from April 1, 2024. The booking period is thus always open for 15 months. If you are planning a stay for which departure falls within the period that is not yet bookable, departure can be up to 10 days into the following month. Opening of new period / Latest arrival until March 1, 2024 / May 31, 2025 April 1, 2024 / June 30, 2025 May 1, 2024 / July 31, 2025 June 1, 2024 / August 31, 2025 July 1, 2024 / September 30, 2025 August 1, 2024 / October 31, 2025 September 1, 2024 / November 30, 2025 October 1, 2024 / December 31, 2025 November 1, 2024 / January 31, 2026 December 1, 2024 / February 28, 2026

How much is the Annual Fee?

Annual charge EUR 344 per share. Based on CHF 326.40 per share. Daily exchange rate applies. Most of the annual charges is used for renovations and maintenance of their resorts. The rest is spent on customer service, tax and administration. 38% Renovations 26% Central services 17% Customer Care 13% Taxes, duties and insurance 6% Duties, insurance and taxes related to the holiday resorts and their activities

Points for your stay​

Local Charges during your stays​

Points chart and local charges for each resort - https://www.hapimag.com/en-gb/resorts-booking-information/ How are the points of an apartment calculated? Holiday season Offer and demand Size and location of the holiday apartment Investments into the holiday resort The number of points required per apartment depends on the holiday season as well as supply and demand. Another factor is the category, which depends on the size and location of the apartment. Investments in the resort also influence the points-price. What is the difference between the various apartment categories? Our holiday apartments are divided into four categories: Deluxe: The highest category we offer. These apartments are in the best locations and have high-quality furnishings. Premium: Holiday apartments with a particularly beautiful view, a spacious floor plan or in a preferred location. Comfort: Our standard apartments. Budget: Simple and cozy, less well located or smaller apartments

On average, the local charges of a holiday week is broken down as follows: 25.7% Front and Back Office 24.9% Holiday apartment and resort cleaning as well as laundry 18.1% Maintenance of technical equipment and facilities 16.5% Energy, water and waste disposal 9.5% Value-added tax 5.2% Maintenance of property, security and resort-specific services (services and infrastructure offers, e.g. swimming pool, childcare, sauna) The cost per night varies from resort to resort, but averages around CHF 70.–. The longer you stay, the cheaper your holiday becomes: you pay for your apartment per night, whereby this price is reduced as of the eighth night. In addition, there is a one-off flat-rate charge (depending on the apartment size). Best of all, you benefit from staying longer. Every fourth week is completely for free – no points, no local charges and no parking fees. Special terms for longer stays apply if the fourth week is either in the B, C or D season. These conditions also apply if you change to another resort during your holiday. For example: you have booked three weeks in Marbella, but would like to add another week in Albufeira? Then for the week in Albufeira, you only pay the one-off cleaning charge. This offer only applies to stays booked for the same people.

For example,
Here’s the number of points required and local charges for London and Athens by apartment category and season

LONDON	ATHENS

 

[alwysonvac]

As the Hapimag fiscal year-end approaches on April 30 it is an opportune time to purchase extra points that expire after April 30. For example, a London check-in say April 25 2024 can utilize these points that expire April 30 even if the stay extends into May. I just purchased extra points that expire April 30 for EUR 1.30 per point. I made the reservation using 2025 points but after the points purchase these 2024 points I just bought were automatically substituted into the reservation for the 2025 points. With the points marketplace Hapimag has created an excellent way for owners to monetize expiring points and for travelers at fiscal year-end to get great deals.

Thanks for sharing that TIP

From https://get.hapimag.com/expiry-points/

 

[Maple_Leaf]

We spent four nights at Hapimag in London. It was brilliant. We had a 1 BR with a kitchen. The kitchen had a dishwasher, refrigerator and a two-burner induction stove. It was so convenient cooking our own breakfasts before setting out on our day. The resort was at the Lancaster Gate Underground Station on the Central Line so convenient to everything yet a relatively quiet neighbourhood. Hapimag has an honesty bar in the lobby where you can get a beer, coffee, etc. You can order a fresh bread delivery for the following morning, if desired. It was an enjoyable stay in London.

 

[Maple_Leaf]

Hapimag has announced that as of November 30, 2024 they will begin taking bookings for The Crane resort in Barbados.

 

[alwysonvac]

Hapimag has announced that as of November 30, 2024 they will begin taking bookings for The Crane resort in Barbados.

Here's some additional information about this Partner Resort.

• https://www.hapimag.com/en-gb/articles/the-crane-barbados-an-island-dream-returns-as-a-hapimag-partner-resort/

• https://www.hapimag.com/en-gb/barbados/saint-philip/the-crane-resort/

Hapimag Help Center

help.hapimag.com

 

[iftravel]

So this is their first partner resort in Americas? We need more choice / competition here! Welcome!!

 

[ScoopKona]

So this is their first partner resort in Americas? We need more choice / competition here! Welcome!!

I think Hapimag is likely to "stay in their European lane." They'll open resorts in the Caribbean -- particularly the former colonies. But I doubt we'll see Hapimag Branson anytime soon.

 

[fishwithwater]

I wonder if they plan to open more European resorts, I would get it in a heartbeat if it has a Rome location.

Has anyone used their try out? Is the 24-month starting from the time you register? How is the cash rate decided, is it based on the points and local charges required for a particular location?

 

[ScoopKona]

I wonder if they plan to open more European resorts, I would get it in a heartbeat if it has a Rome location.

Has anyone used their try out? Is the 24-month starting from the time you register? How is the cash rate decided, is it based on the points and local charges required for a particular location?

That resort they have in Abruzzo looks like a winner. That's only a few hours away by train. But, yeah, they have something nice everywhere except Rome.

I've managed to see Europe with Interval, so no Hapimag required. But for someone who wants Europe exclusively and doesn't care about seeing other places (with a timeshare, at least), I wouldn't look at any other system.

 

[Ofer]

Has anyone sold or bought Happimag shares via Marketplace?
It seems Hapimag is not involved in the contract between the seller and buyer. I am wondering how the buyer and seller are protected against any scam. I presume they will need to sign a contract between themselves.
Is there any sample contract for this purpose?

 

[Maple_Leaf]

Shares are available directly from Hapimag for the fixed price of CHF1980 through the end of August.