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sailn
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Joined: 11/13/02
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Loc: South East US, Carolinas coast
Club o ownership costs?
      #1515713 - 06/17/13 12:04 PM (174.56.138.137)

Met someone who said they owned a a unit at club o.
I was unaware some of them had individual owners.
what do the units cost?
- I am sure it varies.


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Re: Club o ownership costs? [Re: sailn]
      #1515718 - 06/17/13 12:18 PM (76.10.175.134)

You are best to contact the Club O site. Units for sale range from less than 100,00.00 for studios to mid $300.00 for the beach front chalets.

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Biturbo
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Joined: 12/08/05
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Loc: Royersford, PA (30m NW of Phil...
Re: Club o ownership costs? [Re: sailn]
      #1515719 - 06/17/13 12:24 PM (72.94.38.89)

There is a bulletin board with units for sale, and their prices, in the office.

--------------------
"It's a magic kind of medicine, that no doctor could prescribe." JB


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Carol_HillAdministrator
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Loc: Central Florida!
Re: Club o ownership costs? [Re: Anonymous]
      #1515725 - 06/17/13 12:48 PM (71.101.32.180)

Guess the downturn in the world economy has affected prices there. It seems that the prices used to be a lot more than that.

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tiger79
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Joined: 09/30/06
Posts: 557
Loc: England
Re: Club o ownership costs? [Re: Carol_Hill]
      #1515732 - 06/17/13 01:09 PM (86.137.176.44)

Quote:

Carol_Hill said:
Guess the downturn in the world economy has affected prices there. It seems that the prices used to be a lot more than that.




Wow! What sort of return would they get? I imagine privately-owned units are in the rental pool, but I'd also imagine Club O would rent out their own units first.


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Carol_HillAdministrator
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Re: Club o ownership costs? [Re: tiger79]
      #1515738 - 06/17/13 01:24 PM (71.101.32.180)

Don't have the faintest idea, if that question is addressed to me.

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Bill_SModerator
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Re: Club o ownership costs? [Re: Anonymous]
      #1515793 - 06/17/13 04:19 PM (69.255.96.96)

Quote:

Anonymous said:
You are best to contact the Club O site. Units for sale range from less than 100,00.00 for studios to mid $300.00 for the beach front chalets.




Did you misplace commas, forget zeros, or what? If you move the comma on the studios one place to the left you are saying ten thousand dollars for a studio. I also doubt the beach front chalets are selling for three hundred dollars?

Your numbers make no sense...

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Bill


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Carol_HillAdministrator
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Re: Club o ownership costs? [Re: Bill_S]
      #1515798 - 06/17/13 04:33 PM (71.101.32.180)

Guess I read it quickly! I thought they had said $100,000.00 to $300,000.00. Still seems low to me. I have no idea what the correct numbers are.

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jenniboston
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Joined: 07/03/06
Posts: 504
Re: Club o ownership costs? [Re: Carol_Hill]
      #1515841 - 06/17/13 06:27 PM (50.133.130.201)

Yeah, I have no idea where those numbers are coming from as they bear no resemblance to any I've heard lately. Note that the prices are set by the individual owners, not Club O, and not all units are available.

As some of the literature says; you're buying a lifestyle, not an investment (but, oh, what a lifestyle! ). It is best to ask an owner while you're there for his/her experience. Only you can decide if the cost/benefit ratio is correct for you.


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macgrg
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Joined: 08/15/00
Posts: 32
Loc: Tempe AZ
Re: Club o ownership costs? [Re: Carol_Hill]
      #1515847 - 06/17/13 06:33 PM (70.190.254.96)

When we were there in April the owners of the unit next to us arrived. We talked at length about Club O ownership, it's ups and downs. There are several studios available for $75,000 and Chalets up to $300,000. Sounds pretty good, but wait, there is no HOA fee, sounds better don't it, but wait, the folks next to us (owners) were paying 50 Euros per day to use their Mini Suit Deluxe. Does it still sound good? Now I've run the numbers and can't envision paying 350 Euros a week to stay n my own place. There are several owners who have pulled out of the 'Rental Pool" because they don't like the management no one could tell me if they were still charged the 50 Euros per day fee. As usual, I'm sure there are several sides to this story.

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