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Royal Dunes
Hapimag
Red tide is horrible near Vanderbilt Beach in Naples this week.
I was thinking of buying one of the TS’s in this area and they go for big bucks. Beside RedWeek and our Msrketplace where would be good places to search out resale’s ?We really like the Vanderbilt Beach and Yacht Club in Naples. Gulf Point Intervals is a smaller resort also in Naples on Vanderbilt beach and we like it too.
On Sanibel we've stayed at Casa Ybel, Sanibel Beach Club and the Lighthouse Resort and Club. I can recommend all three. The Lighthouse Resort and Club has 3 bedroom units and the 2 bedroom units have a den instead of the 3rd bedroom but the den functions nicely as a third bedroom. The office has a list of weeks for sale at the Lighthouse if you wanted to call the resort.
On Captiva we've stayed at Plantation House at South Seas Island Resort which we loved and and Plantation Beach Club at South Seas Island Resort which we also enjoyed. The South Seas Island Resort decorates very nicely for Christmas and also has the Christmas Stroll on Friday and Saturday evenings from 6:00 pm to 9:00 pm on Dec. 8 to 23. You don't have to be staying at one of the South Seas properties to be able to do the Stroll, but would have to pay.
If you type in the name of any of these resorts and click on images you should be able to see pictures.
We have a resort that is in the RCI point system and have stayed at all of these resorts through RCI.
I was thinking of buying one of the TS’s in this area and they go for big bucks. Beside RedWeek and our Msrketplace where would be good places to search out resale’s ?
Not all are big bucks, depends on the resort and when you want to go. Is Sanibel, Captiva and Naples the only areas or would you consider Marco Island too? I know you want to stay as low as you can in price but if you let me know the most you would be willing to spend and weeks that would work I might be able to help you as I have extensively looked in these areas.I was thinking of buying one of the TS’s in this area and they go for big bucks. Beside RedWeek and our Msrketplace where would be good places to search out resale’s ?
My aunt just bought a condo in Port of the Islands in Naples. So e likeI want to find a place close to her so I can visit. I know she will say just stay with her but weNot all are big bucks, depends on the resort and when you want to go. Is Sanibel, Captiva and Naples the only areas or would you consider Marco Island too? I know you want to stay as low as you can in price but if you let me know the most you would be willing to spend and weeks that would work I might be able to help you as I have extensively looked in these areas.
I’m fine paying up to $2K. I’m finding folks wanting $5K and up to $99K.I've never looked but would guess that you won't find someone giving them away free or cheap as there is more demand. Your best bet might be to call the resorts. Most stand alone resorts have lists of weeks owners are looking to sell. I wouldn't expect to pay any less than $1k-$2k and depending on the week maybe more. But you never know and it pays to keep checking.
I’m fine paying up to $2K. I’m finding folks wanting $5K and up to $99K.
What you are finding is the norm! The Jan/Feb/March weeks probably won't be found in the 2K range for the Marco Island to Sanibel Island area, especially the more desired resorts. Other than those months perhaps. Wintering on Marco Island or Sanibel Island will cost a (as an owner) you a premium, as does renting. I purchased a winter week from an owner at the Eagles's Nest in 2007 and have noticed over the years the prices definitely have not dropped. Therefore it is a matter of how bad you want those winter weeks, I just don't believe trading will ever get you there every winter!
I really want something in Naples, Ft. Myers, Bonita Springs. So I guess I will have to spend a few more $’s then I wanted. Thanks for the input.
Fwiw, a family member very recently purchased a 1BR unit fixed winter (February) week at Bonita Resort & Club in Bonita Beach directly from an owner. The place is apparently an older, independent resort, directly across the street from the Gulf beach, managed by VRI. The selling price was negotiated down to $5,500, with the buyer paying all closing costs.
Not at all sure if this is representative of the area, but it's at least a very current (only a few weeks-old) transaction, provided merely to give you a frame of reference. I'm sure that Sanibel, Captiva, Naples figures would be higher still. I suspect that Fort Myers Beach timeshare prices would vary widely, since the location and quality of the numerous timeshare properties there seem to differ quite a bit from one another in my limited observations.
Fwiw, a family member very recently purchased a 1BR unit fixed winter (February) week at Bonita Resort & Club in Bonita Beach directly from an owner. The place is apparently an older, independent resort, directly across the street from the Gulf beach, managed by VRI. The selling price was negotiated down to $5,500, with the buyer paying all closing costs and VRI's mandatory transfer fee ($100?), making the total acquisition cost close to $6k.
Not at all sure if this is representative of the area, but it's at least a very current (only a few weeks-old) transaction, provided merely to give you a frame of reference. I'm sure that Sanibel, Captiva, Naples figures would be higher still. I suspect that Fort Myers Beach timeshare prices would vary widely, since the location and quality of the numerous timeshare properties there seem to differ quite a bit from one another in my limited observations.
Yes the winter weeks are very high, compared to other areas
Here is another example from Ebay:
- HYATT COCONUT PLANTATION ANNUAL 2/2 2,000 POINT PLATINUM SEASON WEEK 3/UNIT 5285
Licensed Real Estate Brokerage - HRC Resale Specialists
$6,999.00
Local Pickup
or Best Offer- ***************************
- This is not Feb. but one could start a string of excellent winter weeks starting with this high end unit. I believe this could be had for closer to the price of the previous example one BR which does not match up to this unit. When you consider the flexibility of the Hyatt system the price on this one may not, once negotiated, be had at a better price. The only reason I did not go after this one is I recently purchased a Hyatt week #3 (for Jan. 2019) in Key West for a little less than this one.
- My weeks were pieced together over a few years to get a decent little winter portfolio that I keep an eye on in case I need to massage it a little. Would love to find a comparable resort week in SW Florida during Jan/Feb in this price range.
I'm thinking that I will now have to spend at least $6K to $7K for a 2 bedroom on the gulf coast for a November or December week... I really appreciate everyone's input.
For November or December you can get weeks for much less.I'm thinking that I will now have to spend at least $6K to $7K for a 2 bedroom on the gulf coast for a November or December week... I really appreciate everyone's input.
I’m looking for November and December and hopeful to find something in JanuaryIf you aren't looking for Thanksgiving week in November or the week of Christmas/New Year in December then I wouldn't think you would need to spend that much. Those weeks, January, February and March weeks are all likely to be in that price range and possibly more.
I’m looking specifically at Vanderbilt Beach and Harbor in Naples. I made two offers on different units. One for week 50 and one for week 48. One was listed at $6,500 and the other at $8,000 and neither seller would budge on the price. The realtor told me both have been for sale for over a year. So frustratingIf you aren't looking for Thanksgiving week in November or the week of Christmas/New Year in December then I wouldn't think you would need to spend that much. Those weeks, January, February and March weeks are all likely to be in that price range and possibly more.
One was listed at $6,500 and the other at $8,000 and neither seller would budge on the price. The realtor told me both have been for sale for over a year. So frustrating
That’s what I think is going on in these situations. The realtor told me the one seller inherited it from her mother and she has turned down multiple offers in the last year. Why do you even have it for sale if you don’t want to sell it. UghSome sellers insist upon using whatever they paid previously as a firm benchmark for establishing resale price. That's a bit foolish, of course, but some people are simply reluctant to acknowledge the reality of the open marketplace.
My opinion is the prices for those weeks are way overpriced as the two weeks you are looking at have lower, trading value because they are in less demand times. Be patient, make sure you are comfortable with the price and do not assume what you pay you will get back. Assume you will have to give it away when you no longer want it. Even if today it has value, next year it might not.I’m looking specifically at Vanderbilt Beach and Harbor in Naples. I made two offers on different units. One for week 50 and one for week 48. One was listed at $6,500 and the other at $8,000 and neither seller would budge on the price. The realtor told me both have been for sale for over a year. So frustrating
Don't panic, at those prices those weeks will still be on sale a year from now. You'll eventually be able to pick them up from the estate executor.I’m looking specifically at Vanderbilt Beach and Harbor in Naples. I made two offers on different units. One for week 50 and one for week 48. One was listed at $6,500 and the other at $8,000 and neither seller would budge on the price. The realtor told me both have been for sale for over a year. So frustrating
Have you visited the timeshare in the area? If not, on your next visit, visit them all. Speak to the managers , they know about HOA sales and people selling.