Hyatt Coconut Plantation Resort purchase advice

[Family_travel]

Hello,
I'm currently a Wydham owner but looking for advice on Hyatt Coconut Plantation Resort. I have read some other thread that it is recommended to by Platinum weeks resale. But I'm wondering if it worth the increased cost if we would really only be able to use the week in the summer (at least for the next 12 years)?
I see there is TUG ad for "1300 Pts per year, Summer Week, 2 Bedroom". I assume the ad incorrectly called this a Silver week and it would be a Bronze week. I am wondering, can I used the 1300 points for less than at week stay at one of the other resorts (for example, a Key West property (again summer week))?
Can someone give some pros and cons of a purchase like this? Given the limited use of 1300 points, what is a good price on something like this?

I know I have asked alot, so any help is appreciated?

 

[GTLINZ]

If you want to go there in the summer then you can buy a week (resale!) that works for you. You have a booking advantage the week you own (including the exact unit number) between 12 and 6 months out and can book part of your week also (2 or 4 days assuming you buy a deeded week resale - do NOT buy a points week ). If you book a partial week you will get the remaining points to spend and can used them in Interval or for internal Hyatt exchanges. This is the advantage of owning where you want to go.

Here is a link to a great website - you can look up the points chart among other things. I think summer weeks there are bronze and silver depending on the week.what

Kal's-Hyatt Residence Club

Information about the Hyatt Residence Club including HVC System, Points and Key West Resorts.

www.bywindkal.com

 

[Family_travel]

Does anyone know if they have EOY contracts?

 

[metatnd]

Yes, they do have EOY contracts. I own a EOY Odd week 30.

 

[Family_travel]

Yes, they do have EOY contracts. I own a EOY Odd week 30.

Thanks

 

[Family_travel]

If you want to go there in the summer then you can buy a week (resale!) that works for you. You have a booking advantage the week you own (including the exact unit number) between 12 and 6 months out and can book part of your week also (2 or 4 days assuming you buy a deeded week resale - do NOT buy a points week ). If you book a partial week you will get the remaining points to spend and can used them in Interval or for internal Hyatt exchanges. This is the advantage of owning where you want to go.

Here is a link to a great website - you can look up the points chart among other things. I think summer weeks there are bronze and silver depending on the week.what

Kal's-Hyatt Residence Club

Information about the Hyatt Residence Club including HVC System, Points and Key West Resorts.

www.bywindkal.com

thanks

 

[northjerseyjim]

We own at 1300 point week and an 1880 point week. Buy the 1300 point week if you plan on going there each year. We always went to Florida the last week in October, and HRC Coconut Plantation is a great place to stay. Even if you do not want to go one year, you can either get another week at HRC (if you are flexible) or you can get a pretty good week via Interval International. If you get an 1880 point week, you can split it and get a one bedroom unit twice. (A one b/r unit will cost you 870 points. Thus you have enough to travel two different weeks( if a one b/r will meet your lodging needs.) If you deposit a two b/r into interval, you will definitely get a great week in return. Good luck.

 

[GTLINZ]

We own at 1300 point week and an 1880 point week. Buy the 1300 point week if you plan on going there each year. We always went to Florida the last week in October, and HRC Coconut Plantation is a great place to stay.

Oct/Nov is such a nice time to go to FL. Not as hot and not as much rain.

Things can always change, but it is really about when you want to go. People make summer plans and if you want to go in summer you are likely better off owning in summer and having your guarantee week (or partial week). Outside of snowbird season (Jan-Apr) and summer, you likely will not have any issues booking with points 6+ months out at CP. 1880 points packages are often reasonable and we own an EOY and it works well enough for us - but we travel off season and don't have a summer booking need. Owning EOY and having points available for both years is tricky - you will have to pay attention to the week you own and also when you will have points available for bookings.

 

[Anthony Schmid]

2 BEDROOM, HYATT COCONUT PLANTATION, 1,300 PTS, ANNUAL, TIMESHARE, DEEDED | eBay

Find many great new & used options and get the best deals for 2 BEDROOM, HYATT COCONUT PLANTATION, 1,300 PTS, ANNUAL, TIMESHARE, DEEDED at the best online prices at eBay! Free shipping for many products!

www.ebay.com

 

[win555]

2 BEDROOM, HYATT COCONUT PLANTATION, 1,300 PTS, ANNUAL, TIMESHARE, DEEDED | eBay

Find many great new & used options and get the best deals for 2 BEDROOM, HYATT COCONUT PLANTATION, 1,300 PTS, ANNUAL, TIMESHARE, DEEDED at the best online prices at eBay! Free shipping for many products!

www.ebay.com

I'm considering this week for personal use as this looks like a great resort and it falls during school vacation.

Do low prices like this pass ROFR? Wouldn't it be easier for the seller to use the Hyatt deed back option?

 

[Marathoner]

The conventional TUG wisdom is to buy a platinum or diamond week in the Hyatt system. The reason is that regardless of week, you pay the same annual maintenance. So, the annual maintenance for a 2000 point higher value platinum week is the same as a 1300 point low season bronze week. And if you trade within the Hyatt internal system, 2000 points will give you a lot more options than 1300 annual points. Our needs and preferences change over time and you may find that trading options become much more valuable in 5 or 10 years. So, a higher point week means that you will have more future flexibility.

I doubt you need to worry about ROFR in the current climate where all companies seek to preserve capital.

 

[GTLINZ]

I would be surprised if a bronze unit did not pass ROFR for basically free. They are happy to have someone paying the MFs.

I gave away a bronze unit elsewhere and had to pay closing cost to find someone who wanted it. But we got a lot of use out of it - so if you like that week and would use it then do what works for you. Just understand it will likely cost you money down the road to get rid of.

Week 24 - school is likely not out for most northern states but likely is for most southern states. And it is a very nice resort.

 

[Anthony Schmid]

another option:

2 BED LOCKOFF, HYATT COCONUT PLANTATION, 2,200 PTS, ANNUAL, TIMESHARE, DEEDED | eBay

Size: 2 Bedroom / 2 Bath Lockoff The 2,200 Hyatt Points can be used for 18 months at any of the Hyatt Resorts. The points are always deposited one year before your fixed week which is week #51 for this contract and good for 6 months after.

www.ebay.com

 

[Family_travel]

another option:

2 BED LOCKOFF, HYATT COCONUT PLANTATION, 2,200 PTS, ANNUAL, TIMESHARE, DEEDED | eBay

Size: 2 Bedroom / 2 Bath Lockoff The 2,200 Hyatt Points can be used for 18 months at any of the Hyatt Resorts. The points are always deposited one year before your fixed week which is week #51 for this contract and good for 6 months after.

www.ebay.com

I've been watching this one. The price is too high for me plus the Closing Cost: $350, but I wonder what it will go for

 

[Anthony Schmid]

Why not call Bill Gabrielli, He is highly respected in the Hyatt resale department. He has a lot of Hyatt inventory.

 

[Anthony Schmid]

Key West Time Share | Units for Sale

Explore an array of ownership opportunities available through Key West Timeshares. Call 1-800-425-8162 and speak with a certified representative to get the latest updates as well as current promotions.

keywestfltimeshare.com

 

[win555]

The conventional TUG wisdom is to buy a platinum or diamond week in the Hyatt system. The reason is that regardless of week, you pay the same annual maintenance. So, the annual maintenance for a 2000 point higher value platinum week is the same as a 1300 point low season bronze week. And if you trade within the Hyatt internal system, 2000 points will give you a lot more options than 1300 annual points. Our needs and preferences change over time and you may find that trading options become much more valuable in 5 or 10 years. So, a higher point week means that you will have more future flexibility.

I doubt you need to worry about ROFR in the current climate where all companies seek to preserve capital.

Ok. I will start making some low ball offers on platinum/diamond weeks on Redweek. The worst they can do is say no right?

I would be surprised if a bronze unit did not pass ROFR for basically free. They are happy to have someone paying the MFs.

I gave away a bronze unit elsewhere and had to pay closing cost to find someone who wanted it. But we got a lot of use out of it - so if you like that week and would use it then do what works for you. Just understand it will likely cost you money down the road to get rid of.

Week 24 - school is likely not out for most northern states but likely is for most southern states. And it is a very nice resort.

Thanks. Does that mean it would be easy to book with club points?

Any reason you didn't deed back your unit to Hyatt?

 

[Sugarcubesea]

Ok. I will start making some low ball offers on platinum/diamond weeks on Redweek. The worst they can do is say no right?


Thanks. Does that mean it would be easy to book with club points?

Any reason you didn't deed back your unit to Hyatt?

I made over 20 low ball offers till one person accepted my offer of $4K for a Diamond, 2,200 point week... I would determine what price you want to pay and stick with that price and you will find someone that is willing to sell for that price...

 

[Tucsonadventurer]

I made over 20 low ball offers till one person accepted my offer of $4K for a Diamond, 2,200 point week... I would determine what price you want to pay and stick with that price and you will find someone that is willing to sell for that price...

Impressive! We paid $3,000 for an 1880 pt Pinon Pointe which included free points for the current yr. Our other 2 were much more expensive.

 

[GTLINZ]

Thanks. Does that mean it would be easy to book with club points?
Any reason you didn't deed back your unit to Hyatt?

When I checked there was no deed back. I doubt they would have taken it anyway. A bronze unit in AZ in Jan.

As far as booking with club points - that depends. It is easy in offseason, not easy in snowbird season and possibly summer. I have seen a lot more summer availability lately with HPP - which makes sense since they are finding very few victims for the points program and have HPP inventory.

 

[Sugarcubesea]

Impressive! We paid $3,000 for an 1880 pt Pinon Pointe which included free points for the current yr. Our other 2 were much more expensive.

Just so everyone knows, I got this price in late 2018. I do not know if a Diamond unit at Beach House can be had for that price today.

In the later half of 2018, when I saw that many Hyatt's were not getting ROFR'd, I intensified my quest to purchase a Diamond week. I looked at every site that was selling the week and location I was looking for and made $4K offer's. It took about 3 months to get someone to accept my offer and then because the broker had no clue what he was doing, it took like 3.5 months to get it in my name in first quarter 2019 but that's a whole other story LOL

Hyatt was very nice and helped me use my points in 2019 because of how late this unit got into my name. My only negative with my Hyatt ownership is that after Marriott purchased ILG, the MF's went up and enormous amount.

 

[HenryT]

Impressive! We paid $3,000 for an 1880 pt Pinon Pointe which included free points for the current yr. Our other 2 were much more expensive.

I agree, impressive. I paid $4,000 for my 2,000 point Pinon Pointe but it was for the week I was looking for (mid-October) and the top floor of building one so I was happy.

 

[win555]

Just so everyone knows, I got this price in late 2018. I do not know if a Diamond unit at Beach House can be had for that price today.

In the later half of 2018, when I saw that many Hyatt's were not getting ROFR'd, I intensified my quest to purchase a Diamond week. I looked at every site that was selling the week and location I was looking for and made $4K offer's. It took about 3 months to get someone to accept my offer and then because the broker had no clue what he was doing, it took like 3.5 months to get it in my name in first quarter 2019 but that's a whole other story LOL

Hyatt was very nice and helped me use my points in 2019 because of how late this unit got into my name. My only negative with my Hyatt ownership is that after Marriott purchased ILG, the MF's went up and enormous amount.

What websites did you use? I browse Redweek, eBay & TUG.

 

[Tucsonadventurer]

Just so everyone knows, I got this price in late 2018. I do not know if a Diamond unit at Beach House can be had for that price today.

In the later half of 2018, when I saw that many Hyatt's were not getting ROFR'd, I intensified my quest to purchase a Diamond week. I looked at every site that was selling the week and location I was looking for and made $4K offer's. It took about 3 months to get someone to accept my offer and then because the broker had no clue what he was doing, it took like 3.5 months to get it in my name in first quarter 2019 but that's a whole other story LOL

Hyatt was very nice and helped me use my points in 2019 because of how late this unit got into my name. My only negative with my Hyatt ownership is that after Marriott purchased ILG, the MF's went up and enormous amount.

Hyatt bought back a $4200 1880 pt BeachHouse so we ended buying one for 5,600 but the seller paid closing costs. Unexpectedly Hyatt upgraded it to 2200 pts so it ended up a decent deal. We never have used our set week however so appreciate our lower maintenance fees at Pinon Pointe

 

[Sugarcubesea]

What websites did you use? I browse Redweek, eBay & TUG.

Everyday I searched RedWeek, By a Timeshare.Com, SMTN, My Resort Network, Timeshare Broker Sales, Premier Timeshare Resale.