The Grand Bliss Puerto Vallarta

[mbreitenbach]

My sister owns a 2bedroom at the Grand Bliss Puerto Vallarta. She wants to sell it due to health issues. What would be the best way to do this s? Thank you

 

[T-Dot-Traveller]

My sister owns a 2bedroom at the Grand Bliss Puerto Vallarta. She wants to sell it due to health issues. What would be the best way to do this s? Thank you

Welcome to TUG

The short answer is that it is not really sellable ; although she certainly can try.

About 18 years ago Vidanta wanted to prevent resales from competing with their sales operation.
They introduced a great new benefit called " pay on use only" / no required Maintenance Fee.
This means as an "owner" only pays when they [or a guest or a renter] are booked & stay at the resort .

At the same time Vidanta increased the transfer fee on resales to at least 5 x the Usage / MF.
[ and the "pay on use only" and other benefits are removed from resales ]
Note: a 2 bedroom Grand Bliss MF / Usage Fee is probably $ 2600 + ; so the transfer fee would be $ 13,000 + .

The good news is that it costs your sister $ 0 to not go. She could try renting it ; ( if she has health issues it may not make sense.)
She can also let family & friends use it - if they are willing to pay the week usage fee.

Her contract can transfer to Immediate family at no charge ; and all benefit addendums transfer.
I am not sure if siblings are included. Children & Grandchildren definitely are no charge.

TUG Marketplace is a place to list resales & rentals.

 

[mbreitenbach]

Welcome to TUG

The short answer is that it is not really sellable ; although she certainly can try.

About 18 years ago Vidanta wanted to prevent resales from competing with their sales operation.
They introduced a great new benefit called " pay on use only" / no required Maintenance Fee.
This means as an "owner" only pays when they [or a guest or a renter] are booked & stay at the resort .

At the same time Vidanta increased the transfer fee on resales to at least 5 x the Usage / MF.
[ and the "pay on use only" and other benefits are removed from resales ]
Note: a 2 bedroom Grand Bliss MF / Usage Fee is probably $ 2600 + ; so the transfer fee would be $ 13,000 + .

The good news is that it costs your sister $ 0 to not go. She could try renting it ; ( if she has health issues it may not make sense.)
She can also let family & friends use it - if they are willing to pay the week usage fee.

Her contract can transfer to Immediate family at no charge ; and all benefit addendums transfer.
I am not sure if siblings are included. Children & Grandchildren definitely are no charge.

TUG Marketplace is a place to list resales & rentals.

Thank you for the info. Does Vidanta do any type of buy back programs

 

[LannyPC]

Does Vidanta do any type of buy back programs

No because Vidanta "owners" don't really own anything. Basically all your sister, and any other Vidanta owner owns is a contract.

Hopefully I haven't said this too late but I hope your sister hasn't fallen for any of the resale scams out there that claim they can sell her Vidanta for tens of thousands of dollars if she pays some sort of an upfront fee.

 

[mbreitenbach]

No, she hasn’t but she is in for at least $100000 over the last 25 years. She does not want to pay the $4000+ contract renewal fee and wants us to take it over but we are not sure. And they want the contract fee by tomorrow.

 

[WorldT]

You can try to sell it but it is usually a waste of time as mentioned in post #2 above. The transfer fee is too high and the benefits don't transfer. I can pay vidanta the $13k directly and get a unit from them with all the benefits. There is no reason why I would pay to acquire it from you.
Your only options are:
1. Transfer to a family member if anyone is interested. As post #2 already said, the unit transfers at no charge and all the benefits transfer
2. Don't pay the renewal and the contract ends and she goes her way.

There is nothing hidden about the process.

 

[mbreitenbach]

You can try to sell it but it is usually a waste of time as mentioned in post #2 above. The transfer fee is too high and the benefits don't transfer. I can pay vidanta the $13k directly and get a unit from them.
Your only options are:
1. Transfer to a family member if anyone is interested. As post #2 already said, the benefits transfer at no charge and all the benefits transfer
2. Don't pay the renewal and the contract ends and she goes her way.

There is nothing hidden about the process.

Thank you so much. You have been very helpful

 

[T-Dot-Traveller]

No, she hasn’t but she is in for at least $100000 over the last 25 years. She does not want to pay the $4000+ contract renewal fee and wants us to take it over but we are not sure. And they want the contract fee by tomorrow.

Vidanta runs quality resorts & the Grand Bliss in Nuevo is centrally located on the resort .
I believe a 2 bedroom is ballpark 2000 sq. feet.

Typically the renewal term would be for 10 years = $ 400 per use year + Usage / MF for each week.
I would assume her contract has access to 2 weeks per year [ and possible more]

In Feb 2024 hotel rooms at the Marriott & the Westin in the Puerto Vallarta Marina area were running $350 a night.

 

[mbreitenbach]

She has what she calls senior weeks (2) and 4 weeks she can pay to stay. She has the 1 bedroom with lockoff so a 2 bedroom. Do you know the MF for one week?

 

[T-Dot-Traveller]

She has what she calls senior weeks (2) and 4 weeks she can pay to stay. She has the 1 bedroom with lockoff so a 2 bedroom. Do you know the MF for one week?

The senior weeks are non-transferable. They allow your sister to stay for free after age 75.
They were offered for less than 18 months around 2006 / 07 . She was required to go to Member Services and sign up.

MF for a 2bd Grand Bliss . I am going by estimate - I believe it is $ 2600+ . Your sister should have some information.

Her contract likely allows her to reserve smaller units and / or lower brands - for their current MF.
For example : @pittle - a long time Vidanta owner can get 2 weeks at the Mayan Palace Puerto Vallarta Marina**
for the payment of one week of her Grand Luxxe ownership.

** a lot of long time members prefer the smaller footprint of the MP- PV Marina { about 200 units ] and the ability to go off resort .
Many of them also "started their PV vacation visits" at that resort ; as it predates the building of the larger Vidanta resort in Nuevo .
[It also has a lot less walking due to the footprint size.]

FYI - both resort locations are a short cab ride from the PV airport.
There is no need to rent a car as Cabs ,Ubers and public buses are easy to access and inexpensive.

PS : I am going to request your thread be moved to the TUG Mexican forum
Happy New Year 2025

 

[mbreitenbach]

She has what she calls senior weeks (2) and 4 weeks she can pay to stay. She has the 1 bedroom with lockoff so a 2 bedroom. Do you know the MF for one week?

The senior weeks are non-transferable. They allow your sister to stay for free after age 75.
They were offered for less than 18 months around 2006 / 07 . She was required to go to Member Services and sign up.

MF for a 2bd Grand Bliss . I am going by estimate - I believe it is $ 2600+ . Your sister should have some information.

Her contract likely allows her to reserve smaller units and / or lower brands - for their current MF.
For example : @pittle - a long time Vidanta owner can get 2 weeks at the Mayan Palace Puerto Vallarta Marina**
for the payment of one week of her Grand Luxxe ownership.

** a lot of long time members prefer the smaller footprint of the MP- PV Marina { about 200 units ] and the ability to go off resort .
Many of them also "started their PV vacation visits" at that resort ; as it predates the building of the larger Vidanta resort in Nuevo .
[It also has a lot less walking due to the footprint size.]

FYI - both resort locations are a short cab ride from the PV airport.
There is no need to rent a car as Cabs ,Ubers and public buses are easy to access and inexpensive.

PS : I am going to request your thread be moved to the TUG Mexican forum
Happy New Year 2025

I am so appreciative of all your advice and response to my emails. I think she/we have made a decision on the future with Vidanta. Thank you so much

 

[mbreitenbach]

The senior weeks are non-transferable. They allow your sister to stay for free after age 75.
They were offered for less than 18 months around 2006 / 07 . She was required to go to Member Services and sign up.

MF for a 2bd Grand Bliss . I am going by estimate - I believe it is $ 2600+ . Your sister should have some information.

Her contract likely allows her to reserve smaller units and / or lower brands - for their current MF.
For example : @pittle - a long time Vidanta owner can get 2 weeks at the Mayan Palace Puerto Vallarta Marina**
for the payment of one week of her Grand Luxxe ownership.

** a lot of long time members prefer the smaller footprint of the MP- PV Marina { about 200 units ] and the ability to go off resort .
Many of them also "started their PV vacation visits" at that resort ; as it predates the building of the larger Vidanta resort in Nuevo .
[It also has a lot less walking due to the footprint size.]

FYI - both resort locations are a short cab ride from the PV airport.
There is no need to rent a car as Cabs ,Ubers and public buses are easy to access and inexpensive.

PS : I am going to request your thread be moved to the TUG Mexican forum
Happy New Year 2025

Thank you

 

[mbreitenbach]

Thank you for all your info it has been very helpful and I am appreciative of your time.

 

[pittle]

She has what she calls senior weeks (2) and 4 weeks she can pay to stay. She has the 1 bedroom with lockoff so a 2 bedroom. Do you know the MF for one week?

T-Dot has given you some great advice. I have been around the block with Vidanta since 1999 and have owned Mayan Palace. Grand Mayan and now Grand Luxxe. My current contract does have the Senior Certificates and I now use them for 2 weeks each year. That said, I do not plan to renew in December 2033. You do not have to renew, - if you do not, you just are no longer a member.

There is nothing to sell as most contracts since 2013 (and sometime earlier than that), have 10 Usage Fees to transfer to another owner other than immediate family. If I wanted to sell mine, with fees right at $3000 per week, that would be $60,000 that Vidanta would get, but I would get nothing. My son is not interested in me transferring it to him. Since I get to go free for 10 years (after paying them $5500, December 30, 2023), I plan to take friends and family with me for my 2 GL 2-bedroom weeks, or go 4 weeks in Grand Bliss.

She will not get any of her money back. I am just hoping to use my weeks through 2033 and should break even on all the money that we paid upfront.

Those are the cold hard facts. Sorry, but it is what it is.

 

[rpennisi]

You can try to sell it but it is usually a waste of time as mentioned in post #2 above. The transfer fee is too high and the benefits don't transfer. I can pay vidanta the $13k directly and get a unit from them with all the benefits. There is no reason why I would pay to acquire it from you.
Your only options are:
1. Transfer to a family member if anyone is interested. As post #2 already said, the unit transfers at no charge and all the benefits transfer
2. Don't pay the renewal and the contract ends and she goes her way.

There is nothing hidden about the process.

My take is that the 10 year renewal is up and the family or family members don't know if they want to spend the $4000 to renew, as well as the $2600 usage fee for a week(?).
I have to agree with T-Dot, the Grand Bliss and RM resort are top notch. If a close family member wants to vacation in MX, this contract would be a bargain for the next 10 years.

 

[WorldT]

I stayed at the Grand Luxe 1 bedroom/2 bath at RM on an exchange. Would happily stay there every year if I could afford it.

 

[Tbone1200]

Where on contract or purchase paperwork does it spell out closing costs on a Vidanta sale?

 

[T-Dot-Traveller]

Where on contract or purchase paperwork does it spell out closing costs on a Vidanta sale?

Hi @Tbone1200
Welcome to TUG & the Mexican Forum.

Are you asking about closing costs as the original buyer or transfer costs to a resale buyer ?