Hilton Grand Vacations Club 2018 Maintenance Fee List

[jsparents]

MarBrisa 1BR Platinum 6,200 EOY

2018 Operating Fee $375.80
2018 Reserve Fee $82.46
2018 Real Estate Tax $143.57
Total for 2018 $601.83
Total for 2017 $585.29
2.74% increase

 

[jsparents]

Grand Pacific Palisades, 2 BDM Ocean View, 8400 HGVC points EOY

2018 Operating Fee - $416.81
2018 Reserve - $123.52
2018 Property Tax - $130.89 (billed with MF)
2018 TOTAL - $671.22

 

[GT75]

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.

Valdoro Mtn Lodge Studio
2018 Operating Fee: $471.42
2018 Real Estate Taxes: $22.29
2018 Reserve: $164.32
2018 Total: $658.03
Increase: $35.77 (5.75% increase)

Valdoro Mtn Lodge 1BR
2018 Operating Fee: $673.14
2018 Real Estate Taxes: $39.92
2018 Reserve: $294.34
2018 Total: $1.007.40
Increase: $48.43 (5.05% increase)

Valdoro Mtn Lodge 2BR
2018 Operating Fee: $868.58
2018 Real Estate Taxes: $57.99
2018 Reserve: $420.30
2018 Total: $1,346.87
Increase: $61.63 (4.80% increase)

Valdoro Mtn Lodge 3BR
2018 Operating Fee: $1,057.14
2018 Real Estate Taxes: $73.48
2018 Reserve: $541.82
2018 Total: $1,672.44
Increase: $72.44 (4.53% increase)

 

[GT75]

Kings' Land, Various Room Sizes Not Previously reported.

Note: Doesn't include the HI Restate Tax (~$50)
Note: The budget also contains $5.42M subsidy income (~ 16%)

1-Bedroom Phase I&III (Larger)
2018 Operating Fee $1,093.49
2018 Reserve Fee $164.47
2018 Real Estate Tax $68.86
2018 Total $1,346.87
Increase: $49.44 (3.87% increase)

1-Bedroom Phase II&III (Smaller)
2018 Operating Fee $974.25
2018 Reserve Fee $123.83
2018 Real Estate Tax $51.84
2018 Total $1,149.92
Increase: $42.35 (3.82% increase)

3-Bedroom Phase I
2018 Operating Fee $1,484.26
2018 Reserve Fee $297.62
2018 Real Estate Tax $124.61
2018 Total $1,906.49
Increase: $72.76 (3.97% increase)

3-Bedroom Phase III
2018 Operating Fee $1,659.74
2018 Reserve Fee $357.41
2018 Real Estate Tax $149.64
2018 Total $2,166.79
Increase: $83.24 (4.00% increase)

 

[GT75]

MarBrisa 1BR Platinum 6,200 EOY

Grand Pacific Palisades, 2 BDM Ocean View, 8400 HGVC points EOY

I looks to me that at these two GPX properties, MFs are collectively yearly for EOY deeds, so at 1/2 rate.

 

[GT75]

Lagoon Tower, Various Room Sizes Not Previously reported.

Note: Doesn't include the HI Restate Tax (~$60)

Studio
2018 Operating Fee $610.92
2018 Reserve Fee $74.93
2018 Real Estate Tax $42.13
2018 Total $727.98
Increase: $7.00 (1.00% increase)

1-Bedroom
2018 Operating Fee $877.28
2018 Reserve Fee $194.11
2018 Real Estate Tax $109.14
2018 Total $1,180.53
Increase: $15.36 (1.31% increase)

2-Bedroom Penthouse
2018 Operating Fee $1368.41
2018 Reserve Fee $413.53
2018 Real Estate Tax $232.69
2018 Total $2,014.93
Increase: $30.58 (1.54% increase)

3-Bedroom Penthouse
2018 Operating Fee $1,609.92
2018 Reserve Fee $521.90
2018 Real Estate Tax $293.45
2018 Total $2,425.27
Increase: $38.09 (1.60% increase)

 

[Ralph Sir Edward]

BAY CLUB "A" PENTHOUSE (2 BR)

Note: does not include HGVC fees (not converted) or ARDA voluntary fee

2018 Hawaii GE Tax $58.28
2018 Operating Fee $1157.39
2018 Reserve Fee $241.67
2018 Real Estate Tax $91.44

Total $1548.78

Moderator added:
MFs increased $40.30 or 2.68% from 2017 ($1508.40)

 

[GT75]

Grand Waikikian, Various Room Sizes Not Previously reported.

Note: Doesn't include the HI Restate Tax (~$60)

1-Bedroom
Operating fees 867.71
Reserve 187.87
Real estate tax 122.62
Total 1,178.20
Increase: $36.30 (3.18% increase)

2-Bedroom Penthouse
Operating fees 2,503.99
Reserve 386.34
Real estate tax 252.15
Total 3,142.46
Increase: $144.66 (4.83% increase)

3-Bedroom Penthouse
Operating fees 3,041.23
Reserve 490.64
Real estate tax 320.29
Total 3,852.27
Increase: $180.21 (4.91% increase)

 

[kahassett]

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.

 

[GT75]

Craigendarroch Suites

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.

 

[kahassett]

You can only have four units per contract. We have four 1br units and one studio. We moved from Trump to Scotland in June 2017 to reduce our MF.

 

[topdog]

BAY CLUB "B" - FIRST AND SECOND FLOOR UNITS (2 BR)

Note: does not include HGVC fees or ARDA voluntary fee

2018 Hawaii GE Tax $55.26
2018 Operating Fee $1101.98
2018 Reserve Fee $224.43
2018 Real Estate Tax $84.92

Total $1466.49

 

[Frasier]

BAY CLUB 2BR VILLA 8,400 PTS

2018 Hawaii GE Tax $64.53
2018 Operating Fee $1271.80
2018 Reserve Fee $277.25
2018 Real Estate Tax $104.91

2018 Total $1,718.49 Increase of 2.6%
2017 Total $1,674.85

 

[GT75]

2018 Sunrise Lodge, Park City, Utah MFs

Sunrise Lodge Studio
2018 Operating Fee: $476.14
2018 Real Estate Taxes: $29.61
2018 Reserve: $63.46
2018 Total: $569.21
Increase: $24.99 (4.49% increase)

Sunrise Lodge 1BR
2018 Operating Fee: $831.76
2018 Real Estate Taxes: $78.45
2018 Reserve: $168.15
2018 Total: $1078.36
Increase: $40.96 (4.00% increase)

Sunrise Lodge 2BR
2018 Operating Fee: $1036.17
2018 Real Estate Taxes: $106.53
2018 Reserve: $228.33
2018 Total: $1371.03
Increase: $53.26 (4.04% increase)

Sunrise Lodge 3BR
2018 Operating Fee: $1397.98
2018 Real Estate Taxes: $156.22
2018 Reserve: $334.84
2018 Total: $1889.04
Increase: $71.54 (3.94% increase)

Sunrise Lodge 4BR
2018 Operating Fee: $1868.20
2018 Real Estate Taxes: $220.80
2018 Reserve: $473.25
2018 Total: $2562.25
Increase: $95.28 (3.86% increase)

 

[GT75]

Grand Islander
reported by @knagel

2 Bedroom Penthouse
2018 Operating Fee $2,630.61
2018 Reserve Fee $318.79
2018 Real Estate Tax $166.24
2018 Hawaii GE Tax $138.98

2018 TOTAL MF $3,254.62

(does not include $170 Club Dues nor ARDA Fee)

 

[GT75]

2018 Parc Soleil, Orlando, Florida MFs
reported by @mscheribel59

Note: Doesn't include RE Tax. In 2017 RE Tax for 1-bd was $165.09

Note: Average yearly increase 3.6%

Parc Soleil 1BR
2018 Operating Fee: $587.85
2018 Reserve: $201.30
2018 Painting Reserve: $2.27
2018 Total: $791.42

Parc Soleil 2BR
2018 Operating Fee: $848.10
2018 Reserve: $290.77
2018 Painting Reserve: $3.28
2018 Total: $1,142.15

Parc Soleil 3BR
2018 Operating Fee: $1,095.60
2018 Reserve: $375.86
2018 Painting Reserve: $4.24
2018 Total: $1,475.70

 

[GT75]

2018 Tuscany Village, Orlando, Florida MFs
reported by @mscheribel59

Note: Doesn't include RE Tax. In 2017 RE tax for 2 BD was $255.70

Note: Average yearly increase 2.45%

Tuscany Village 1BR
2018 Operating Fee: $539.89
2018 Reserve: $148.64
2018 Painting Reserve: $3.59
2018 Total: $692.12

Tuscany Village 2BR
2018 Operating Fee: $768.87
2018 Reserve: $211.92
2018 Painting Reserve: $5.12
2018 Total: $985.91

Tuscany Village 3BR
2018 Operating Fee: $1,034.34
2018 Reserve: $285.27
2018 Painting Reserve: $6.90
2018 Total: $1,326.51

 

[Janann]

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

Yes, they are identical!

 

[Denise L]

These are from my Elara budget insert. I do not know the number of points associated with these units.

Elara Studio

2018 Operating Fee $544.82
2018 Reserve Fee $92.77
2018 Real Estate Tax $16.75
TOTAL: $654.34

Elara 2 Bedroom

2018 Operating Fee $965.08
2018 Reserve Fee $170.68
2018 Real Estate Tax $54.75
TOTAL: $1,190.51
Moderator added: Increase of $3.21 or 0.27%

 

[sofre]

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.

 

[Deb & Bill]

The Charter Club of Marco Beach, 2BR Platinum fixed week 51 - 7000 points
(all units are 2BR)

2018 Operating Fee $834.96
2018 Reserve Fee $239.15
2018 Real Estate Tax $63.67
2018 Total: $1,137.78

$0.16 / point

Kurt

And if you your week fell during the time they were closed for Irma cleanup, the dues are $22.17 with a credit of the 2017 dues.

 

[Jon77]

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

 

[Jon77]

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.

 

[Jon77]

HGVC at the Flamingo/ 2 bedroom Gold, 5000 points
2018 Operating Fee $705.48
2018 Reserve Fee $265.07
2018 Real Estate Taxes $35.70
Total $1006.25
Increase over 2017 $30.20 (3.1% increase)

Moderator added: Same as post #23.

 

[CanuckTravlr]

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.