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WKORV-OF (Maui)
WKV x2 (Scottsdale)
We toured the new Hyatt timeshare property on Maui last week. A few thoughts and observations, in no real order:
The construction is now five stories high and progressing rapidly. The project will be twelve stories when finished – ten stories on each end and twelve in the middle. It won’t block the views from Marriott’s adjacent Lahaina villas as much as many thought because it is set back considerably from the beach.
It will have about 130 units, of which about 100 are two bedroom non-lockoff units. There will be a dozen three bedroom units and the remainder will be one bedroom.
All of the two bedroom and three bedroom units are ocean view, although the guest bedroom in the two bedroom units faces the mountains (and possibly in the three bedroom units as well; those were not on our radar screen). All ocean view units will look out over a large pool complex, the beach, and the island of Lanai. I could not be certain, but from the way the project is situated, I don’t think any unit will have a view of Molokai.
One stack of one bedroom units is ocean view; one stack is mountain view and faces the mountains entirely.
The quality of the finishes appears to be extraordinary – comparable to or better than Westin and Marriott. The kitchen appliances and dinnerware are high end; the dining table seats six.
The ocean facing lanais are enormous. They will have dining tables with chairs and chaises longues. The glass wall looking out from the living room will slide away, making the lanai an integral part of the living room.
Hyatt is selling everything as fixed weeks – and every week is categorized as Diamond season. So every two bedroom week is worth / costs 2200 points; every one bedroom week is 1450.
Prices depend on the unit size, deeded week, and floor. We focused on two bedroom units (all 100 of which are ocean view); prices for the two bedroom units range from $43,900 for week 48-50 on a low floor to $124,000 for week 52 on a high floor. We were assured that these pre-construction prices will increase steadily as the project sells out. Initial MF’s will be approximately $2,400.
Current purchase incentives were 150,000 Hyatt points and a certificate good for a week's stay (I don't recall all of the options for where, but we were offered Carmel).
Occupancy and MF's will begin January, 2015.
The construction is now five stories high and progressing rapidly. The project will be twelve stories when finished – ten stories on each end and twelve in the middle. It won’t block the views from Marriott’s adjacent Lahaina villas as much as many thought because it is set back considerably from the beach.
It will have about 130 units, of which about 100 are two bedroom non-lockoff units. There will be a dozen three bedroom units and the remainder will be one bedroom.
All of the two bedroom and three bedroom units are ocean view, although the guest bedroom in the two bedroom units faces the mountains (and possibly in the three bedroom units as well; those were not on our radar screen). All ocean view units will look out over a large pool complex, the beach, and the island of Lanai. I could not be certain, but from the way the project is situated, I don’t think any unit will have a view of Molokai.
One stack of one bedroom units is ocean view; one stack is mountain view and faces the mountains entirely.
The quality of the finishes appears to be extraordinary – comparable to or better than Westin and Marriott. The kitchen appliances and dinnerware are high end; the dining table seats six.
The ocean facing lanais are enormous. They will have dining tables with chairs and chaises longues. The glass wall looking out from the living room will slide away, making the lanai an integral part of the living room.
Hyatt is selling everything as fixed weeks – and every week is categorized as Diamond season. So every two bedroom week is worth / costs 2200 points; every one bedroom week is 1450.
Prices depend on the unit size, deeded week, and floor. We focused on two bedroom units (all 100 of which are ocean view); prices for the two bedroom units range from $43,900 for week 48-50 on a low floor to $124,000 for week 52 on a high floor. We were assured that these pre-construction prices will increase steadily as the project sells out. Initial MF’s will be approximately $2,400.
Current purchase incentives were 150,000 Hyatt points and a certificate good for a week's stay (I don't recall all of the options for where, but we were offered Carmel).
Occupancy and MF's will begin January, 2015.
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