Original Message:
Re: Is Montecristo Estates sold out & what Pueblo Bonito was selling the last units for (by Martin W.):
wendywins --
Not always true. Location, location, location. Virtually every timeshare purchased in Hawaii when new has gone up in value tremendously. All the beach front property in Hawaii has been built out. No more timeshares being built on shore so old units will sell for more.
Senior Copelle Kelly is doing us villa owners a favor by always charging more for new units. Just think how bad it would be if he was selling them for less! You want a villa with the view to die for then there are only 18 villas that have them because of there being high enough to look over even the multi-million mansions atop Petrigal.and some other hillsand only one villa 12 that has the best view as it has an unfettered view to the west. Sure Senior Kelly is building more villas but one has to pay way more both in cost and maintenance fees but worst of all be way down the hill with a mediocre view.
The golf course will increase the value of everybody's units/villas as a golf course is needed in that area. Plus the golf course will have a unique feature as it will be the course furthest south in the California's both USA California and Baja California. He is going to have a hole called Lands End on the west tip of the light house mountain. The course is going to be Mexico's answer to Pebble Beach. And will be on the PGA tour. Senior Kelly has some powerful connections including the President of Mexico which stretch out across the border.
A Ritz Carlton is being built and four million dollar villas. Pedrigal has multi-million dollar villas. You peasants with your "low-end" timeshares in Sunset Beach will see them increase in value as the dwelling is worth as much as your neighbors. You see values really rise when an area is built out. Give the area five years and you'll see the Sunset Beach timeshare unit really go up.