Per the resort: This ownership is a memorandum of timeshare lease for 45 years, with the option to renew for an additional 45 years. Right-to-use expires January 18, 2047, with the option to renew until January 18, 2092.
*Closing costs and transfer fees are to be paid by the buyer*
*Buyer to pay maintenance fees for first year of usage*
Per the owner:
This is one of only two timeshare locations in Hilton Head Island that have 3 bedroom ownership opportunities - it's great for bringing all the family or other couples! All weeks are available (no seasonal restrictions). The property is located on the west side of the island on the intracoastal waterway (Skull Creek) with beautiful sunset views and lawns and a large long dock for relaxing, tying up your boat, using the kayaks on the property, etc. Boat rentals are close by at Skull Creek Marina. Three pools on property (one is indoor and one has a lazy river). There is an activity staff and there are planned activities every day during the high season. Three of the best known and loved restaurants on the island are literally next door (walking distance). Bikes are available on property and there are miles of biking areas on this side of the island and through Hilton Head Plantation (property owners have access to Hilton Head Plantation for golf and marinas). Public beach access (3 separate beaches) are a short 10 minute drive with public parking and bathrooms and showers. The property is 5 minutes from the Cross Island expressway which gets you quickly to the Coligny and Sea Pines areas of the island.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$11000.00
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.