Question about owning at The Reef Resort, Grand Cayman

[Carolyn]

Is it true that above and beyond the yearly mf, that owners also have to pay tax and utilities if they use their week? If so, what is the average for a 2 BR lockout. Thanks.

 

[caribbeansun]

The Cayman island imposes a $10/night tax on all TS stays regardless of the resort.

It's been awhile since I saw a utility bill at The Reef but I'd expect it to be in the $200-300/week range.

They also charge special assessments from time to time as well.

Year Fee Special
2001 650
2002 750
2003 800
2004 800 210
2005 920
2006 970 75
2007 995
2008 1035 81
2009 1257 163
2010 1319 87
2011 1302

 

[Carolyn]

The Cayman island imposes a $10/night tax on all TS stays regardless of the resort.

It's been awhile since I saw a utility bill at The Reef but I'd expect it to be in the $200-300/week range.

They also charge special assessments from time to time as well.

Year Fee Special
2001 650
2002 750
2003 800
2004 800 210
2005 920
2006 970 75
2007 995
2008 1035 81
2009 1257 163
2010 1319 87
2011 1302

Thanks Caribbeansun

So the utility fee is in addition to the the maintenance fee? How are the balconies connected between the 1 BR and the studio lock off? Have any of the Villas in Bldg A been renovated recently, flat screen TV's etc?? Any extras in a penthouse unit? Thanks.

 

[caribbeansun]

As far as I know the answer is yes it is in addition - I could be wrong though as it's been 5 years since I owned a TS there.

There is a small visual barrier between the balconies.

When Ivan hit the island in 2004 all the units were "renovated" although the main floor units more so than top floor.

I doubt the TV in the main room is anything more than a 19-23" as it has to fit in the shelving unit that is between the Murphy beds.

No extras other than the ceiling may be a bit higher in a portion of the unit. The word penthouse is misleading - lets use top floor instead.

Are you looking at a resale?

Thanks Caribbeansun

So the utility fee is in addition to the the maintenance fee? How are the balconies connected between the 1 BR and the studio lock off? Have any of the Villas in Bldg A been renovated recently, flat screen TV's etc?? Any extras in a penthouse unit? Thanks.