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The MFs for Valdoro are collected two times during the year. The first bill in January collects 1/2 of the yearly operating fee plus all remanding fees. In July, the second 1/2 OF is collected.
Craigendarroch Suites
STX 3000 Points Silver
Management Charge 378.26
Reserves 75.61
VAT 1.47
HGVClub Annual Dues 90.78 Moderator added:
Total w/o Club Dues £546.12 ($731.80) {1£ = $1.34)
Increase: $110.65 (17.8%)
Club Dues 155.00
1BX (4 weeks) 8400 Points Platinum each week
Management Charge 1894.16
Reserves 357.68
VAT 5.88
HGVClub Annual Dues 450.40 Moderator added:
Total w/o Club Dues per week £677.03 ($907.22) {1£ = $1.34)
Club Dues 155.00
All values are in GBP
Letter stated that the reserve fund contribution increased 8% over 2017 and would continue to be above inflation for the next few years.
I understand what Club Dues are (I don't know why you are paying them for both deeds. We would only pay it once for every thing which we own), but I don't understand HGVC Annual Dues. Can you explain? I don't know of an equivalent charge for any USA HGVC property.
2018 HGVC on the Boulevard, Las Vegas, 7000 points every year
2 Bedroom Platinum Season (Moderator added)
Operating Fee $605.87
Reserve Fee $209.47
Property Taxes (or note if they're billed separately) $29.40
TOTAL $844.74
2018 HGVC on the Boulevard, Las Vegas, 5000 points every other year, fees paid every other year
2 Bedroom Gold Season (Moderator added)
Operating Fee $605.87
Reserve Fee $209.47
Property Taxes (or note if they're billed separately) $29.40
TOTAL $844.74
2018
Hilton Grand Vacations Club at the Hilton Hawaiian Village - Lagoon Tower
2 BR 5,000 points
2018 Hawaii GE Tax 67.51
2018 Club Dues 170.00
2018 Operating Fee 1,126.89
2018 Reserve Fee 305.78
2018 Real Estate Taxes 171.94
Voluntary ARDA Fee 5.00
Moderator added: Same as post #20 just different season.
Eagle's Nest on Marco Beach/2 Bedroom Tower Unit
2018 Operating Fee $796
2018 Reserve Fee $246
2018 Real Estate Taxes $66.54
Total $1108.54
Increase over 2017 $2.66 (0.24% increase)
Unit is fixed week 15 which would be 5000 points if deposited into HGVC
Plantation Beach Club at Indian River Plantation/1 Bed
2018 Operating Fee $879.52
2018 Reserve Fee $357.60
2018 Real Estate Taxes $ 60.28
Total $1297.40
Increase over 2017 $36.35 (2.9% increase)
All 30 units pay the same maintenance fee regardless of size or week owned.
Ocean 22, Myrtle Beach, SC (Points based on Platinum Season)
1-Bdrm (4800 Pts.) / 1-Bdrm Plus (6200 Pts.)
2018 Operating Fee $586.89
2018 Reserve Fee $121.86
2018 Real Estate Tax $44.15 Total: $752.90 (vs. $719.23 in 2017...increase of 4.68%)
2-Bdrm (7000 Pts.) / 2-Bdrm Plus (8400 Pts.)
2018 Operating Fee $742.61
2018 Reserve Fee $184.56
2018 Real Estate Tax $66.87 Total: $994.04 (vs. $958.69 in 2017...increase of 3.69%)
3-Bdrm Plus (9600 Pts.)
2018 Operating Fee $863.81
2018 Reserve Fee $233.34
2018 Real Estate Tax $84.54 Total: $1,181.69 (vs. $1,145.00 in 2017...increase of 3.20%)
I notice that you also asked for information on any subsidies or special assessments. No special assessments yet, but there continue to be subsidies for both the operating expenses and the capital reserve. The 2018 operating expenses subsidy is $1,322,492 (down from $$1,693,730 in 2017) and the 2018 capital reserve subsidy is $307,478 (down from $390,579 in 2017). These subsidies are in lieu of annual assessments for those units still owned by the developer.
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