*BUYER TO COVER ALL CLOSING COST AND TRANSFER FEES*
*****SELLER NOTES***
Ocean Beach Club has one of the best locations on the Virginia Beach oceanfront, right on Atlantic Avenue and the Boardwalk, with the beach just steps away. One of our favorite things about staying here is that we can park the car when we arrive and barely touch it again all week. Mellow Mushroom and the popular Pocahontas Pancake & Waffle Shop are essentially right outside your door, with many more restaurants, cafes, ice cream shops and dessert spots within an easy walk. Harris Teeter is even close enough to walk to for groceries and supplies. Head a few blocks down the Boardwalk and you’re at the iconic King Neptune statue and Neptune’s Park, right in the heart of the Virginia Beach oceanfront.
The Boardwalk itself is a great place for walking, jogging, biking, or just enjoying the oceanfront. During the summer, the Boardwalk and nearby parks come alive with live music, concerts, festivals and other entertainment. You can simply walk from the resort instead of worrying about traffic or event parking. The Caribbean East is a spacious 2-bedroom oceanfront suite that sleeps up to six and can also be separated as a lock-off into a one-bedroom suite and an efficiency, giving owners additional flexibility. Between the oceanfront accommodations, Boardwalk location, restaurants, entertainment and everything within walking distance, this is an exceptionally convenient home base for a Virginia Beach vacation.
For us, the biggest advantage has always been the location: arrive, park the car, and enjoy Virginia Beach on foot for the rest of the week!
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$2900.00
Annual Dues
$
Total Cost : $19,557.00
Total Savings : $19,557.00
X
HOTEL
The avg.
hotel room is 325 sqft
How many years do you plan to travel?
A study on travel trends published by AARP found that the average 55-72 year olds reported taking 4-5 vacations in 2017. People typically slow their travel after the age of 75. Use the tool below to adjust how many years you plan to travel:
Years of Travel
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Don't forget about inflation!
Inflation is defined as the increase in the price of goods and services over a period of time. According to the International Monetary Fund, the average global economy's annual percentage change from 1980 to 2018 was 4.6%.
Avg. Annual percent change
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VS.
TIMESHARE
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
More information on our formula...
Hotels usually sleep 2 adults per room, whereas the average timeshare units offer multiple private bedrooms, sleeper sofas and sometimes even bunk beds - adding value not calculated here. Timeshare properties are condo style units that contain all of the comforts of home... and then some!
Hotel total cost includes a 10% hotel tax whereas the average U.S. hotel tax is currently around 13.4%.
Timeshare total cost includes an increase in maintenance dues each year of 3%, as well as an estimated $1,000 in closing and transfer costs. These are estimated and will vary by state, county and resort.
Total savings does not take into consideration the added benefit of a timeshare unit having a spacious living room, washer and dryer, dining room and full kitchen, all of which add value and potential savings when you have the option to do your own laundry and enjoy a home cooked meal instead of dining out.