For most buyers, the price of purchasing a timeshare is possibly the most important factor. Hyatt Residence Club is a favorite timeshare club for many, but you may be wondering–how much is Hyatt Residence Club going to cost? We’ve broken down what can affect the price and where you can get the best deal.
How Much Does Hyatt Residence Club Cost?
Unfortunately, there is no definitive answer to how much Hyatt timeshare will cost. However, you can find Hyatt points for sale at a much cheaper price on the resale market. When you buy directly from a resort at a timeshare presentation, you will likely pay up to four to five times more.
If you’re looking to buy Hyatt points, check the resale market first for lower prices at your favorite resorts. You can browse our postings of Hyatt timeshares for sale. You can find listings on the resale market starting at less than $1,000 or you can buy from the developer and pay around $15,000 to start.
Many first time buyers don’t know about the resale market, and often wish they did. You can find the perfect Hyatt points package or week on the resale market without going to a presentation. Once you find a resale posting you love, we can put you in touch with a Licensed Real Estate Agent to help you finalize the sale. Once the deed is transferred into your name, you will officially own a Hyatt timeshare.
Costs of a Hyatt Timeshare
Two main factors that affect how much Hyatt will cost are the annual maintenance fees and the initial sales price. If you wish to take out a loan to buy your Hyatt timeshare, your loan length and amount will also factor into how much Hyatt is. Making a list of your must-haves is important to nab the vacation ownership you want. It is equally important to take note of all the associated costs to determine if Hyatt is right for you in the long-run.
A few of the most important factors to consider are:
- annual maintenance fees
- buying retail or resale can affect the initial price
- vacation club loans and timeshare financing
- what you purchase (points/weeks)
- the frequency of which those points/weeks are available (annual/bi-annual)
- the size of your unit (how many rooms/bedrooms etc.)
According to Luxury Fractional Guide, “the typical maintenance fee at Hyatt (is) sitting at about $1,500 per year for a 2-bedroom suite…” Maintenance fees are paid annually by every Hyatt timeshare owner for the upkeep of the resort.
Hyatt Points Vs. Weeks
Before you can determine how much Hyatt Residence Club is, you’ll need to figure out exactly what you need out of a timeshare. Hyatt offers two options: points and weeks.
If you buy timeshare points with Hyatt, you’ll be entering Hyatt Vacation Club. Points-based timeshares are great if you want to visit different resorts within the brand at different times each year. Alternatively, you can buy a fixed-week timeshare. Week-based timeshares are generally best for people who enjoy traveling the same week every year. Knowing which you prefer will help you decide if Hyatt is worth it.
How much you’ll pay for your Hyatt membership depends on if you buy a week or a points-based timeshare. The number of points you want will affect the final bill and annual fees. And, depending on where you want to vacation, will determine how many points you need to buy. Understandably, a vacation in Hawaii is going to require more points than one in Tennessee. Similarly, the week you buy (if it’s in a busy season or not) will also affect the final price.
Is Hyatt Timeshare Worth It?
Timeshares are known for offering great vacations to families for years to come. You will find many timeshare owners who bought timeshare are happy with their purchase. In order for the buy to be worth it, you should make a list of your expectations and see which of those Hyatt fulfills. Timeshares are not a scam, but they are a luxury item that one should consider before signing. Buying resales can help with the initial price you pay, making awesome vacations more attainable!
Timeshares are not a monetary investment and often depreciate over time. However, if you are looking to join a vacation club and have priority vacations and buying a timeshare is in your budget, the cost of Hyatt Residence Club may be worth it for you. Here, we outlined the timeshare vs. hotel debate and more information on buying Hyatt points.
For a free consultation, call us at 407-465-1888 or send us a live chat below and we will connect you with a Hyatt specialist!