The Bay Club at Waikoloa Beach Resort
Nestled between two championship golf courses, The Bay Club at Waikoloa Beach Resort offers an idyllic setting on thesun-drenched island of Hawaii. The resort features expansive views, luxurious accommodations and close proximity to the renowned dining, retail and entertainment venues at The Kings’ Shops and Queens’ MarketPlace.
Guests of the resort also enjoy access to the pools, whirlpool spa and pool bar at the neighboring Hilton Grand Vacations Club at Waikoloa Beach Resort.
In general, associations are becoming more aggressive about collection techniques of maintenance fees and thus delinquencies have gone down. With more people paying their maintenance fees, delinquencies going down and costs not rising, fees have become more stabilized, increases have remained modest and the rate of increase has not been as great as in the past.
The following annual fees at The Bay Club include operating fees, reserve fees, real estate tax and Hawaii GET (government excise tax) and the voluntary $5 ARDA Fee but does not include the 2014 Club Dues. The Bay Club is an Affiliated Resort and HGVC membership is voluntary. Club dues (whether domestic at $136 or international at $174) are billed separate from the Maintenance Fee.
NOTE: Maintenance fees are due in each year of usage, i.e., bi-ennial fees are due in the year of ownership.
One Bedroom
CD & CP
2014 Operating Fee $ 868.21
2014 Reserve Fee $ 151.59
2014 Real Estate Taxes $ 53.79
2014 Hawaii GE Tax $ 42.48
Sub Total: $1116.08
Voluntary ARDA Fee $ 5.00
Annual Grand Total: $1121.07
AP & AD
2014 Operating Fee $1058.27
2014 Reserve Fee $ 204.62
2014 Real Estate Taxes $ 72.62
2014 Hawaii GE Tax $ 52.61
Sub Total: $1388.12
Voluntary ARDA Fee $ 5.00
Annual Grand Total: $1393.12
Two Bedroom
BP & BD
2014 Operating Fee $1005.97
2014 Reserve Fee $ 190.03
2014 Real Estate Taxes $ 67.45
2014 Hawaii GE Tax $ 49.83
Sub Total: $1313.28
Voluntary ARDA Fee $ 5.00
Annual Grand Total: $1318.28
ABP
2014 Operating Fee $1021.15
2014 Reserve Fee $ 194.27
2014 Real Estate Taxes $ 68.95
2014 Hawaii GE Tax $ 50.63
Sub Total: $1335.00
Voluntary ARDA Fee $ 5.00
Annual Grand Total: $1340.00
Villa
2014 Operating Fee $1166.23
2014 Reserve Fee $ 234.75
2014 Real Estate Taxes $ 83.32
2014 Hawaii GE Tax $ 58.36
Sub Total: $1542.66
Voluntary ARDA Fee $ 5.00
Annual Grand Total: $1547.66
NOTE: The owner can enroll into the Hilton Grand Vacation Club program by paying a onetime current enrollment fee of $500 for an annual ownership and thereafter, pay the annual subscription fee, currently $136 for Domestic purchasers and $174 for International purchasers, which includes the RCI annual subscription fee.
A Hilton Grand Vacation Club biennial domestic ownership would be a $250 enrollment fee and $136 biennially thereafter or $174 international ownership.
Click on The Bay Club at Waikoloa 2013 Maintenance fees to view the maintenance fees from last year and note the very modest increase for 2014.
Syed Sarmad, Principal Broker for Advantage Vacation
