Floating Usage : 7 nights per year on both Odd and Even years. 3 Weekends per year.
Season: Red
Frequency: Both, Flex
Next use: 2025
Maintenance fees 2025: $3,989.00
Per the owner: This is a timeshare room in a hotel so there is the usual maid service. There is a lounge with a bar where you can also purchase breakfast. It is located in the heart of Manhattan, across the street from Carnegie Hall, 3 blocks from Central Park, and a few blocks from Rockefeller Center. It is a short walk to Times Square and Broadway theaters.
The seven days each year may be broken up so, for example, you use it for 3 weekends (Friday to Sunday) and one other day during the year. Or you can use the 7 days at one time.
Maintenance is due by December each year, so the next maintenance is due December 2025, and as part of the sale, we will pay that maintenance.
*Closing costs and transfer fees are to be paid as is customary in New York*
*Seller to pay maintenance fees for the first year of usage*
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$0.00
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.