Per the resort, dogs < 20 lbs allowed (one-time $100 cleaning fee).
*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 a lock-out unit, so you get two weeks of usage should you decide to use only 1 of the units at a time. This is a big difference between it and a non-lockout 2 bedroom.
We bought this time share, the quarter house in 1997 for $18,000.
The location was perfect. It is on Chartres Street one block off of Canal St. In the French Quarter.
It is one block off of Royal Street, and two blocks off of Bourbon Street.
It is within easy walking distance of Jackson square, St Louis cathedral, the French market, Pat O'Brien's, Preservation Hall, the River, and 3 Streetcar lines.
The apartments are beautifully appointed in the French style. The courtyard is lovely with a swimming pool. Exercise equipment is also available.
Because it is a lockout one can use both units at the same time or one can use one unit and deposit the other unit to be used later in the year.
I am sad to have to sell this time share as it has served me well for 28 years.
70% of
timeshares are
2+ bedroom units
with an avg. of 1,160 sqft
Private Rooms
2
Price
$4500.00
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?
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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.