Resale Value

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Original Message:

Re: Resale Value (by M. w. S.):

"They at the resort said that when we bought in 2003, over 4 years ago. The space is not sold out (They build more units each year...like Monte Christo and the newest development) and the golf courses are still not built. We like the resort but now ignore puffery from the sales folk who just want you to buy more and more. FACT is that you pay inflated price when you buy new from the resort .

arturia wrote:
We recently went to an owners luncheon when we visitied the resort. We own a 2 BD in the odd years. If you can hold your own for the next couple years with renting for costs they say once the two golf courses open and the space is sold out you should be able to have value. That should happen in the next couple years and you could at least sell for what your purchase price was.

It is unpredictable since we lost a bundle with Pueblo Bonito Blanco because the maintainance fees were not controlled. We are pleased with this property and glad we own in odd years since we don't routinely vacation there every year.