Aruba Ocean Club Maintenance Fees

[griffer1278]

1 bedroom $1347. Last year $1455, -7.4%

 

[ilene13]

Great news!

 

[mjm1]

Thanks for sharing. Glad to hear it. We recently bought a unit there. I’ve never had MF’s go down.

Best regards.

Mike

 

[qlaval]

"The resort closure and low occupancy levels have resulted in a significant operating surplus for 2020. Recognizing the hardship to Owners this year, the Board of Directors is applying a majority of this surplus to the 2021 Reserves. As a result, your Reserve Fee will be 15% lower than in 2020. This is a one-time adjustment and we anticipate being back to a historical rate in 2022. The Operating Fee is also 2.6% lower than last year. Compared to last year, the 2021 Maintenance Fees represent a blended decrease of 6.8%. "

 

[qlaval]

1 bedroom $1347. Last year $1455, -7.4%

You're making a small mistake as last year MF were $1445.03 hence a decrease of 6.78%

 

[pedro47]

You're making a small mistake as last year MF were $1445.03 hence a decrease of 6.78%

Still great news

 

[griffer1278]

Still great news

I rounded. Lol

 

[qlaval]

I rounded. Lol

The mistake was insignificant, but it was the amount of the maintenance fees that were the cause... re: $1455 instead of $1445...