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rboesl

TUG Review Crew: Expert
TUG Member
Joined
Jul 3, 2016
Messages
895
Reaction score
797
Location
West Seneca, NY
Resorts Owned
Divi Village Beach & Golf Resort
Vidanta Grand Mayan
Villa del Arco Cobo
Grandview Las Vegas
Vacation Village at Bonaventure
Just got back from our stay at Villa del Palmar Cancun and had our Owner Update. I must say the Villa Group has taken prices to a whole new level. Villa Group is concentrating on developing the higher level Garza Blanca brand. It has had an impact on their pricing. Per the presentation 3 years ago they were selling at $13.75 per point. The new price: $25.50 per point.

They tried to sell me a package of 5,000 points that would give access to 2 weeks in a 2BR year 'round. Which they said could give me 5 weeks in a 1BR. The end cost with sales tax (first time I've heard this) and closing costs: $152,500. Yikes!

There was one thing that stood out to me. There's no differentiation of points. In other words, points I bought 3 yrs ago at the old price could be used to land a Garza Blanca unit. And, buying units now at the higher pricing had no better buying power. Just a higher price.
 

Talent312

TUG Review Crew: Veteran
TUG Member
Joined
Jul 4, 2007
Messages
17,651
Reaction score
7,510
Resorts Owned
HGVC & GTS
It never ceases to amaze me that developers can get away with charging insane prices for something that's truly worth 10-25% of that, and there are marks willing to fork over that $$, thinking it's a good deal. Well, I 'spose resales must come from somewhere.
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