How Would You Go About Buying Vida?

[bjones9942]

Lindo Mar is set up so that half of the units for a given week can be sold as fixed. In high season, all of those fixed weeks are sold. The fixed weeks are also fixed unit. So, for example, you might own week 50 in unit 601. Once in a while, an owner decides to sell. Javier (he has an on-site office) handles in-house resales. He's great to work with. There are lots of fixed weeks in the warmer months that are available. Let's say there are 30 one-bedroom units. (I don't know the exact number). If you own a floating week, during high season you are competing with all the other floating week owners for just 15 units for a given week. That's why fixed Lindo Mar weeks are so desirable and in-demand and it's why some folks hesitate to buy a floating week there. Worldwide Vacation Club used to own some RTU units there, but WWVC no longer exists. I believe Vacation Internationale absorbed WWVC. VI gave WWVC owners 91-permanent VI points for their one-bedroom WWVC contract if they wanted, or the owner could just walk. A few years ago Lindo Mar was RTU with an expiration date. That has since changed and the ownerships are perpetual. BTW, when you exchange into Lindo Mar via RCI or Trading Places or whatever, for two consecutive weeks, you might have to move to a different unit the second week. That's because the fixed week owner of the second week is going to use the unit you were in the first week.

Nice recap. I'll just add that my week is floating and I've never had a problem reserving the week I want. I usually come between mid-October and late-November, but have done a February or two. I often get the unit I want as well (the fifth and sixth floors have an extra balcony 'window' in the North and South 1 bedroom units - makes the view even that much better). Not sure that it was originally an expiring RTU setup, it's been perpetual since I've owned ... 8 years I think.

 

[EJC]

Nice recap. I'll just add that my week is floating and I've never had a problem reserving the week I want. I usually come between mid-October and late-November, but have done a February or two. I often get the unit I want as well (the fifth and sixth floors have an extra balcony 'window' in the North and South 1 bedroom units - makes the view even that much better). Not sure that it was originally an expiring RTU setup, it's been perpetual since I've owned ... 8 years I think.

Mid-October to late November should be easier to snag than let's say Jan/Feb. Good for you getting Feb a few times. I don't own at Lindo Mar, but I'd like to. I've talked to Javier a few times to see which fixed week resales he had available. So far I've stayed there via exchanges and rentals. The units are nicely remodeled and the restaurant is excellent. I like how they do happy hour. Drinks are simply half price...none of that 2-for-1 hassle. Maria Elena, the concierge, has retired. I'm not sure it will be the same without her.

 

[Steve Fatula]

I am at the Grand Luxxe right now for 2 weeks. Exchanged in via II with low season studios. Of course, there is the resort fee but still, we absolutely love this place. Love the Ritz service feel. Just massive place with seemingly endless things to do. They offered me a fractional in essence, for a fortune. I would definitely come again some day.