Playa Andaluza 3 bed gold sales offer

[Red elephant]

Aren't we in a thread concerning an ongoing deal?

The view is not an issue for me as well. But if I were to do this type of deal, the 3BR Gold Seafront week is 4100 points vs. 3000 points for Garden view and that does matter because I'd be electing points at least 4 of 5 years. Obviously, you're paying more upfront, but it's an extra 1100 points with no incremental MF and at that level they may allow you to enroll 2 weeks vs. just one for the deal described in this thread.

In that case I would go for the ocean front to enroll 2 resales. But I don’t need the points. I would use the lockoff for 2 weeks in Spain or lock it off and trade in interval.

 

[jwalk03]

Fortunately View does not matter to me. So buying a gold week garden view is fine. But I need to lock off for 2 weeks when I co to Spain. I am waiting for one of those deals to come around so I can enroll my resales I just purchased.

The view matters for the number of points you are getting with no increase in maintenance fees

 

[Dean]

In that case I would go for the ocean front to enroll 2 resales. But I don’t need the points. I would use the lockoff for 2 weeks in Spain or lock it off and trade in interval.

Then buying resale would be the best option.

 

[Red elephant]

Then buying resale would be the best option.

Need to enroll my resales

 

[Red elephant]

The view matters for the number of points you are getting with no increase in maintenance fees

No need to pay for the view when I don’t need the points as I will be using the lockoff and that’s what my maintenance fee is for. I need to enroll my resales.

 

[Dean]

Need to enroll my resales

Maybe I misunderstood. You said you didn't need the points and would either use or exchange the retail Spain week. What did I miss?

 

[Red elephant]

Maybe I misunderstood. You said you didn't need the points and would either use or exchange the retail Spain week. What did I miss?

Buying resale will not enable me to enroll my resale weeks.

 

[Dean]

Buying resale will not enable me to enroll my resale weeks.

If you don't need the points why would you pay to enroll them at these prices?

 

[Red elephant]

If you don't need the points why would you pay to enroll them at these prices?

Because I don’t want to pay the fees involved in locking off and exchanging for the next 20 years. I want all my units under one interval account with no fees. Plus for the convience . The same reason people pay $$$$ for ocean front resale vs garden view in the same season to use. First class vs economy in the same plane. Etc.

 

[Dean]

Because I don’t want to pay the fees involved in locking off and exchanging for the next 20 years. I want all my units under one interval account with no fees. Plus for the convience . The same reason people pay $$$$ for ocean front resale vs garden view in the same season to use. First class vs economy in the same plane. Etc.

Thanks for explaining. Seems like a lot of cost to avoid relatively small fees and for minor convenience. Your choice of course.

 

[Red elephant]

Thanks for explaining. Seems like a lot of cost to avoid relatively small fees and for minor convenience. Your choice of course.

From what I have read the fees are not that small in the long term. They seem to add up. That’s about $1500/yr for 3 resale lockoff units in 10 years that’s $15,000. Where as $18,000 for the Spain unit. If I am reading correctly.

 

[jwalk03]

So if you are doing 3 lockoffs and 6 exchanges per year:

Lockoff fees: $90*3 = $270
Exchange fees: $164*6 = $984
Interval Membership = $99
E-plus fees: $89*6= $534

Annual total= $1887

So it takes 10 years to come out ahead on an $18k purchase price. That’s assuming you do 6 Marriott to Marriott exchanges every year.

 

[Red elephant]

So if you are doing 3 lockoffs and 6 exchanges per year:

Lockoff fees: $90*3 = $270
Exchange fees: $164*6 = $984
Interval Membership = $99
E-plus fees: $89*6= $534

Annual total= $1887

So it takes 10 years to come out ahead on an $18k purchase price. That’s assuming you do 6 Marriott to Marriott exchanges every year.

Wow it’s actually more expensive than I thought to do those exchanges. But some years I plan to just lockoff and stay in Spain for 2 weeks with no exchanges. So there is a savings there. These will be Marriott to Marriott exchanges. If the price is still $18K then I will go for it.

 

[frank808]

My last enrollment of 12 resale weeks for about a $52k purchase from MVC, it was about 10 years for breakeven. I do not buy eplus so do not take that into account. Still a long time to break even without considering time value of money.

Wow it’s actually more expensive than I thought to do those exchanges. But some years I plan to just lockoff and stay in Spain for 2 weeks with no exchanges. So there is a savings there. These will be Marriott to Marriott exchanges. If the price is still $18K then I will go for it.

If you are not locking off and trading the Spain week every year, add a few years to your break even point.

I had the same idea of the costs of enrolling weeks as prepayment of lock off and trade fees for the next 10 years. Well about 6 years left as it has been a few years since my first enrollment.

 

[Red elephant]

My last enrollment of 12 resale weeks for about a $52k purchase from MVC, it was about 10 years for breakeven. I do not buy eplus so do not take that into account. Still a long time to break even without considering time value of money.


If you are not locking off and trading the Spain week every year, add a few years to your break even point.

I had the same idea of the costs of enrolling weeks as prepayment of lock off and trade fees for the next 10 years. Well about 6 years left as it has been a few years since my first enrollment.

That is a good way of looking at it. Prepayment of lock off and trade fees as well as interval membership fee for the next decade. With the flexibility of using as points if I wanted. I plan to lock off Spain yearly but not trade yearly. My other thought was to get Aruba lockoff and use/trade one unit and rent the other..

 

[Red elephant]

My last enrollment of 12 resale weeks for about a $52k purchase from MVC, it was about 10 years for breakeven. I do not buy eplus so do not take that into account. Still a long time to break even without considering time value of money.


If you are not locking off and trading the Spain week every year, add a few years to your break even point.

I had the same idea of the costs of enrolling weeks as prepayment of lock off and trade fees for the next 10 years. Well about 6 years left as it has been a few years since my first enrollment.

When you spend $18K to enroll and save on fees You also have to take into account the cost to use that retail timeshare for the next 10 years minus MF fees for 2 weeks in Spain or anywhere in MVC for 10 years. It kinda pays for itself.

 

[Dean]

From what I have read the fees are not that small in the long term. They seem to add up. That’s about $1500/yr for 3 resale lockoff units in 10 years that’s $15,000. Where as $18,000 for the Spain unit. If I am reading correctly.

Even at $1500 a year, you'll never make up the lost income of the up front costs. Using very rough numbers, say $40K to enroll compared to maybe $5K to buy the same resale (guesstimates).

So if you are doing 3 lockoffs and 6 exchanges per year:

Lockoff fees: $90*3 = $270
Exchange fees: $164*6 = $984
Interval Membership = $99
E-plus fees: $89*6= $534

Annual total= $1887

So it takes 10 years to come out ahead on an $18k purchase price. That’s assuming you do 6 Marriott to Marriott exchanges every year.

I would not include E plus, you can always retrade and pay the full fee if needed which should be rarely. Plus it's unlikely to do 3 lockouts and 6 trades every year. I think one can assume an average of around $1000/yr cost that could be saved currently if enrolled. That assumes prices stay the same but also assumes that the options stay the same, both unlikely IMO.

When you spend $18K to enroll and save on fees You also have to take into account the cost to use that retail timeshare for the next 10 years minus MF fees for 2 weeks in Spain or anywhere in MVC for 10 years. It kinda pays for itself.

The quoted offer was not $18K to enroll 2 weeks but $19,300 to enroll one week. You'd have to contact them to see if the deal was even available to you at this time but the price will be higher to enroll 2 weeks, likely close to double. The last I saw in April, to enroll 2 weeks with St. Kitt's or Aruba would require a spend of $53000. Spain tends to be a little lower, esp for less desirable weeks, because they have low sales. But Spain is not going to be that much lower. If you could get it for $18K, I'd agree with you but I think you're looking at $40K roughly and possibly $40K above the alternative resale price when all is said and done. Let us know what you find out when you contact them.

 

[Mlvnsmly]

So if you are doing 3 lockoffs and 6 exchanges per year:

Lockoff fees: $90*3 = $270
Exchange fees: $164*6 = $984
Interval Membership = $99
E-plus fees: $89*6= $534

Annual total= $1887

So it takes 10 years to come out ahead on an $18k purchase price. That’s assuming you do 6 Marriott to Marriott exchanges every year.

Wouldn't you subtract your annual dues from that since it would be an extra expense not incurred vs. buying resale? Assuming you're not already paying that anyway.

 

[jwalk03]

Wouldn't you subtract your annual dues from that since it would be an extra expense not incurred vs. buying resale? Assuming you're not already paying that anyway.

Yes that’s a good point.

 

[Dean]

Wouldn't you subtract your annual dues from that since it would be an extra expense not incurred vs. buying resale? Assuming you're not already paying that anyway.

If one does not have enrolled weeks or points otherwise and thus already has yearly dues, then one would, otherwise either no or the difference if it increased the dues.

 

[bazzap]

Even at $1500 a year, you'll never make up the lost income of the up front costs. Using very rough numbers, say $40K to enroll compared to maybe $5K to buy the same resale (guesstimates).

I would not include E plus, you can always retrade and pay the full fee if needed which should be rarely. Plus it's unlikely to do 3 lockouts and 6 trades every year. I think one can assume an average of around $1000/yr cost that could be saved currently if enrolled. That assumes prices stay the same but also assumes that the options stay the same, both unlikely IMO.

The quoted offer was not $18K to enroll 2 weeks but $19,300 to enroll one week. You'd have to contact them to see if the deal was even available to you at this time but the price will be higher to enroll 2 weeks, likely close to double. The last I saw in April, to enroll 2 weeks with St. Kitt's or Aruba would require a spend of $53000. Spain tends to be a little lower, esp for less desirable weeks, because they have low sales. But Spain is not going to be that much lower. If you could get it for $18K, I'd agree with you but I think you're looking at $40K roughly and possibly $40K above the alternative resale price when all is said and done. Let us know what you find out when you contact them.

The last offer in Spain we received for enrolling multiple weeks was last December to enrol our 4x ineligible weeks with a purchase of a Club Son Antem 3 Bed Platinum week for €52,000.
We did not want to make that level of commitment and primarily wanted to enrol our ineligible Club Son Antem 3 Bed Gold week (electable when enrolled for 3,625 points) as we already had another of these weeks enrolled since day 1.
So we have now done this with a purchase of a Marbella 1 Bed Gold week for £11,800 (ready enrolled and electable for 2,225 points), giving us a total extra electable 5,850 points.

 

[Dean]

The last offer in Spain we received for enrolling multiple weeks was last December to enrol our 4x ineligible weeks with a purchase of a Club Son Antem 3 Bed Platinum week for €52,000.
We did not want to make that level of commitment and primarily wanted to enrol our ineligible Club Son Antem 3 Bed Gold week (electable when enrolled for 3,625 points) as we already had another of these weeks enrolled since day 1.
So we have now done this with a purchase of a Marbella 1 Bed Gold week for £11,800 (ready enrolled and electable for 2,225 points), giving us a total extra electable 5,850 points.

The new program is quite a bit different and the offer for enrolling one week in the OP is much more than that. But until one reaches out and gets a firm quote, we're talking generalities.

 

[bazzap]

The new program is quite a bit different and the offer for enrolling one week in the OP is much more than that. But until one reaches out and gets a firm quote, we're talking generalities.

I don’t know about a new programme, but we have only just paid the balance on the offer we agreed to buy one new week to enrol another existing week for the £11,800 I mentioned.

 

[Dean]

I don’t know about a new programme, but we have only just paid the balance on the offer we agreed to buy one new week to enrol another existing week for the £11,800 I mentioned.

The program this year for points and for Aruba/St. Kitt's was quite a bit different with much higher spend minimums and a max of 5 enrolled weeks as has been posted on TUG.

 

[bazzap]

The program this year for points and for Aruba/St. Kitt's was quite a bit different with much higher spend minimums and a max of 5 enrolled weeks as has been posted on TUG.

Yes, the various Spain offers are very different from those.