OFFICIAL *2022* Vistana Maintenance Fees Thread

[dioxide45]

Westin Nanea Ocean Villas - 1 bedroom Unit

2022 Dues

Maintenance Fees: $1,382.45
Membership Fee: $ 161.46
KOR Foundation: $ 20.00 (I think this is Optional)

Total: $1,563.91

How many HomeOptions is this? I don't think you actually buy a specific size unit at Nanea, but rather a set number of StarOptions?

 

[CalGalTraveler]

Westin Kā'anapali Ocean Resort Villas North

2br Ocean Front EOY

2022 MASTER ASSOCIATION ASSESSMENT $132.57
2022 APARTMENT OWNERS ASSESSMENT $305.90
2022 VACATION OWNERSHIP ASSESSMENT $983.12
2022 Total: $ 1421.59 EOY (approx. $2843/week; $40 more than annual)

 

[emeryjre]

Does anybody have a PDF of the proposed budget for Harborside Phase 1 and Phase 2

By accident, I apparently shredded the hard copies I received in the mail earlier this month.

 

[cubigbird]

Westin St John Sunset Bay EOY 176,700 Homeoptions
2021 Fees $1851.90
2022 Fees $1998.19
Increase = $146.29 or 7.9%

 

[Eric B]

SVV Bella 2 BR Prime
Maintenance Fee: $1224.44
Property Tax: $114.32
Total: $1338.76

SVV Key West 1 BR Prime
Maintenance Fee: $553.53
Property Tax: $74.37
Total: $627.90

 

[farsighted99]

How many HomeOptions is this? I don't think you actually buy a specific size unit at Nanea, but rather a set number of StarOptions?

81,000 Star Options.

 

[jjking42]

SVV Bella small 1 bed Platinum 44,000 Star options
MF $ 567.91
Tax $ 76.67
Total $643.67

Westin Kierland small 1 Bed Gold+ 37,000 Star Options
MF $639.08
Tax $ 24.74
Total $666.51

 

[DanCali]

WKV 2BR Lockoff:

2022 Operating Assessment: $1332.02 (+$36.66 vs 2021)
2022 Replacement Reserves: $330 (+$20 vs 2021)
Estimated Taxes: $64.06 (-1.11 vs 2021)
(Mandatory Resort will also have VSN Fee if 1st or 2nd week owned)

2022 Total before VSN Fee: $1726.08

2021 Total before VSN Fee: $1670.53

year-over-year increase of $55.55 or 3.33%

 

[farsighted99]

How many HomeOptions is this? I don't think you actually buy a specific size unit at Nanea, but rather a set number of StarOptions?

80,000.

 

[CanadianLawyer]

Nanea 313,100 SOs $5,567.72. $.01775 per SO. 2021 was $5,554.17, so a small increase of $13.56.

 

[DanCali]

2022 HRA 2BR (non-lockoff) MFs

Ownership Assessment: $1089.41 (2021: $1038.22) up 4.93%
Condo Common Assessment: $473.06 (2021: $444.06) up 6.53%
Value Added Tax: $190.27 (2021: $187.95) up 1.23%
Atlantis Facilities Fee: $340.15 (2021: $83.91) up 305.37%

Total: $2092.89 (2021: $1754.14) up 19.31%

As pointed out in a related thread, Facilities Fee for 2021 were reduced due to Atlantis closure. FOr this unit:

2019 MFs were $1977 total, and the Atlantis Facility Fee was $313. The 2020 MFs were $2039 total, and the Atlantis Facilities Fee was $327.

So total MFs of $2093 for 2022 vs $2039 in 2020 is a 2.65% increase over 2 years (1.32% annualized increase - not bad after all!)

 

[scoutings]

This thread is for 2022 Vistana maintenance fees. Please remember to also post your Maintenance Fee details to the searchable database. Thanks.

http://eternaltides.com/svn/svnhome.aspx

Westin Flex
Just received the 2022 maintenance fee billing for Westin Flex.

The fee for 2022 is $0.02103/point. This is a 2.0% increase over 2021.

Maintenance Fee billing is dated August 17, 2021 and is due September 16, 2021.

Comparison
2021 - $0.02062/point
2020 - $0.02022/point
2019 - $0.01893/point

When are fees due?

 

[dioxide45]

When are fees due?

The exact date depends on the resort, but usually some time in early January.

 

[rickandcindy23]

Sheraton Desert Oasis, Scottsdale = 6.6% increase over 2021

2BR Lockoff annual float 1-52
2022 OPERATING ASSESSMENT $976.61
2022 REPLACEMENT RESERVES $281.43
TOTAL DUE $1,258.04

2BR lockoff - EOY
2022 OPERATING ASSESSMENT $508.30
2022 REPLACEMENT RESERVES $140.72
TOTAL DUE $649.02

1BR Premium Villa annual float 1-52
2022 OPERATING ASSESSMENT $670.62
2022 REPLACEMENT RESERVES $193.26
TOTAL DUE $863.88

1BR standard annual platinum float
2022 OPERATING ASSESSMENT $570.01
2022 REPLACEMENT RESERVES $164.27
TOTAL DUE $734.28

These fees have me baffled for the two sides of the lockoff. A lockoff is a bargain!

I was referring to this thread because we bought a 1 bedroom at SDO but have no idea what type it is. Does the premium one bedroom show as premium on Vistana?

 

[rickandcindy23]

Oh, well, I found a clue. I looked at the amount due for next year, and it's definitely the small one bedroom villa, not the premium one.

Next time, I buy only 2 bedroom lockoffs.

 

[heitmullerj02]

Can anyone confirm that the real estate taxes in HI resorts are NOT part of MF?

 

[dioxide45]

Can anyone confirm that the real estate taxes in HI resorts are NOT part of MF?

Real estate tax in Hawaii are included in the maintenance fees. There however is a daily TSO (Timeshare Occupancy Tax) that is payable by the guest at checkout.

 

[djyamyam]

These fees have me baffled for the two sides of the lockoff. A lockoff is a bargain!

I was referring to this thread because we bought a 1 bedroom at SDO but have no idea what type it is. Does the premium one bedroom show as premium on Vistana?

Paying MFs for the premium 1BR and the standard 1BR as definitely more than the 2BR lockoff. When I bought these way back when, I wasn't as knowledgeable. The good thing is that a couple of my 1BRs are platinum season not red 1-52s so for the few times that I actually trade them, they trade better than the reds. My platinum 1BR has about the same trade power as my 2BR 1-52

This is how the premium 1BR shows up in Vistana account. The standard 1BR shows pretty much the same except it doesn't have the word "premium" where the arrow is pointing.

 

[rcv82]

Paying MFs for the premium 1BR and the standard 1BR as definitely more than the 2BR lockoff. When I bought these way back when, I wasn't as knowledgeable. The good thing is that a couple of my 1BRs are platinum season not red 1-52s so for the few times that I actually trade them, they trade better than the reds. My platinum 1BR has about the same trade power as my 2BR 1-52

This is how the premium 1BR shows up in Vistana account. The standard 1BR shows pretty much the same exact it doesn't have the word "premium" where the arrow is pointing.

View attachment 59400

SMV is also like this, with the total between a large and small 1br being much higher than a 2 br lockoff. I don’t know how many places are like this. This was discussed on another thread. WKV owners claim this is not the case there.


Sent from my iPhone using Tapatalk

 

[DanCali]

SMV is also like this, with the total between a large and small 1br being much higher than a 2 br lockoff. I don’t know how many places are like this. This was discussed on another thread. WKV owners claim this is not the case there.


Sent from my iPhone using Tapatalk

It is not the case for WKV - the MFs of the 1BR units add up to the 2BR lockoff.

But the smaller 1BR is a somewhat better deal when comparing SO/MF making the smaller 1BR preferred to the 2BR lockoff which is preferred to the 1BR premium using that metric. The gap is even less material if this if your only ownership and you add the fixed VSN fee to the MF number, which may have been the developer's intent.

 

[emoneybug]

Sheraton Desert Oasis, Scottsdale = 6.6% increase over 2021

2BR Lockoff annual float 1-52
2022 OPERATING ASSESSMENT $976.61
2022 REPLACEMENT RESERVES $281.43
TOTAL DUE $1,258.04

2BR lockoff - EOY
2022 OPERATING ASSESSMENT $508.30
2022 REPLACEMENT RESERVES $140.72
TOTAL DUE $649.02

1BR Premium Villa annual float 1-52
2022 OPERATING ASSESSMENT $670.62
2022 REPLACEMENT RESERVES $193.26
TOTAL DUE $863.88

1BR standard annual platinum float
2022 OPERATING ASSESSMENT $570.01
2022 REPLACEMENT RESERVES $164.27
TOTAL DUE $734.28

Are the Replacement Reserves, just like once every 5 or 10 years? Or is that for a few years before it goes away? for another ## of years?

 

[VacationForever]

Are the Replacement Reserves, just like once every 5 or 10 years? Or is that for a few years before it goes away? for another ## of years?

Replacement reserves are on the bill every year.

 

[daviator]

Are the Replacement Reserves, just like once every 5 or 10 years? Or is that for a few years before it goes away? for another ## of years?

Replacement Reserves are the money they put aside for things that periodically need replacement or refurbishment.

For example, if they know that the roof needs to be replaced every 20 years, and it is estimated to cost $1 million to replace, then they need to put $50,000 in the replacement reserves for the roof every year, so that after 20 years, they have collected the full amount and they can pay to replace the roof.

So they have a big schedule of all the expensive maintenance and replacement items, how long each is expected to last, and how much it’s expected to cost. They figure out how much they need to collect each year and divide that up among all the ownerships – and your share is $281.43 this year. It’s essentially your share of the wear and tear on the property for this year.

 

[DanV]

Can anyone who owns Westin Flex Every Other Year tell me if there is an "EOY premium" charged on maintenance fees? I recognize that VSN fees are every year but I'm just focused on MF at the moment. Thanks!

 

[daviator]

Can anyone who owns Westin Flex Every Other Year tell me if there is an "EOY premium" charged on maintenance fees? I recognize that VSN fees are every year but I'm just focused on MF at the moment. Thanks!

My EOY 81,000 Westin Flex was $851.72 last year. The 2022 bills should come out any day now but mine isn’t yet available.

The rate per point is 0.010515

Does that help?

Edit: Looking at the maintenance fee database, there isn’t an apples-to-apples comparison with an 81,000 EY price. But it looks to me as if there is a small EOY premium. If I multiple my rate per point by one of the EY values that has a price in the database, like 148,100 SOs, and then double it (to reflect every year) I get a number that’s about $70 higher than the rate which is shown in the database for EY ownership.