Traveltalkonline.com Forums

.


SXM Cruise Schedule TTOL Sponsors SXM Travel Calendar
Forum Statistics
Forums39
Topics39,564
Posts320,874
Members26,686
Most Online4,031
Dec 15th, 2024
Top Posters(30 Days)
jazzgal 44
RonDon 35
GaKaye 24
Kennys 21
Member Spotlight
islandgem
islandgem
Ottawa, Ontario, Canada
Posts: 13,197
Joined: January 2008
Today's Birthdays
SteveCrane
Who's Online Now
22 members (Todd, MrEZgoin, BillDauterive, bostonbob, MGA, Zanshin, Kennys, alecu7, SXMBND, JandIrene, xrayman67, SXMScubaman, knitsoftwear, CLIFFTOPS, CaribbeanCanadians, mark37, Whale Tail, Don_and_Linda, Alltech63, eightzerobits, SXMbeacher, 1 invisible), 1,712 guests, and 90 robots.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Page 1 of 2 1 2
#20624 06/17/2013 11:04 AM
Joined: Nov 2002
Posts: 1,341
sailn Offline OP
Traveler
OP Offline
Traveler
Joined: Nov 2002
Posts: 1,341
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.

SXM Sponsors
.
A
Anonymous
Unregistered
Anonymous
Unregistered
A
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.

Joined: Dec 2005
Posts: 2,081
Traveler
Offline
Traveler
Joined: Dec 2005
Posts: 2,081
There is a bulletin board with units for sale, and their prices, in the office.


I'm going where the weather suits my clothes.
#20627 06/17/2013 11:48 AM
Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
Guess the downturn in the world economy has affected prices there. It seems that the prices used to be a lot more than that.


Carol Hill
Joined: Sep 2006
Posts: 590
Traveler
Offline
Traveler
Joined: Sep 2006
Posts: 590
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.

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
Don't have the faintest idea, if that question is addressed to me.


Carol Hill
#20630 06/17/2013 03:19 PM
Joined: Aug 2000
Posts: 2,628
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 2,628
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... <img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" />


Bill
Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
<img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" /> Guess I read it quickly! <img src="http://www.traveltalkonline.com/forums/images/graemlins/Grin.gif" alt="" /> 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.


Carol Hill
Joined: Jul 2006
Posts: 636
Traveler
Offline
Traveler
Joined: Jul 2006
Posts: 636
Yeah, I have no idea where those numbers are coming from as they bear no resemblance to any I've heard lately. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Yikes.gif" alt="" /> 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! <img src="http://www.traveltalkonline.com/forums/images/graemlins/Joy.gif" alt="" />). 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. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Thumbsup.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/Thumbsup.gif" alt="" /> <img src="http://www.traveltalkonline.com/forums/images/graemlins/Thumbsup.gif" alt="" />

Joined: Aug 2000
Posts: 33
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 33
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.

A
Anonymous
Unregistered
Anonymous
Unregistered
A
$75k, anybody want to go in on one?

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
I personally would not be interested, but whoever is on island next, go check out that board that they supposedly have listings of people wanting to sell. That would be the best indicator of what is really available.


Carol Hill
A
Anonymous
Unregistered
Anonymous
Unregistered
A
In jan 12, the lowest was 125k. One owner was so excited we had bought the studio we were in. But we had to tell her we wished we were. It does look like a great way to live a bit.

A
Anonymous
Unregistered
Anonymous
Unregistered
A
Quote
Bill_S said:
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.


Darn...must be Club O deprivation that has me leaving out the necessary zeros. Mid $300,000.00 but I like my misprint better.
<img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" />
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... <img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" />

#20638 06/17/2013 09:01 PM
A
Anonymous
Unregistered
Anonymous
Unregistered
A
To be clear...less than ONE HUNDRED THOUSAND for some studios to MID THREE HUNDRED THOUSANDS for beachfront chalets. The caps helped me self check. I think I got it right this time. Phew! Sorry, bargain hunters. <img src="http://www.traveltalkonline.com/forums/images/graemlins/cry.gif" alt="" />

#20639 06/17/2013 09:38 PM
A
Anonymous
Unregistered
Anonymous
Unregistered
A
They told us you have access X months a year and Club O has access the remainder. If you choose not to occumpy all your Xmonths, they canbe rented out. It wasn't clear whether "owner" got a cut of the rental action. Maint Fees??????

As Jenniboston said, I wouldnt look at as an investment but a lifestyle expense.

Joined: Apr 2009
Posts: 12
B
Traveler
Offline
Traveler
B
Joined: Apr 2009
Posts: 12
Hang on to your checkbook--I looked into this a couple of years ago and am sure things can change but here are a few thoughts that stopped me. First you DO NOT get a title/deed to the property like in the US.(i.e--no loans available form a bank--ALL CASH transactions) The reason was that the Beauperthy family kids (original owners of the property) were challenging the ownership of the whole place in French courts. Then you had property taxes from the tax office in Marigot. (never did figure out exactly how these were calculated.) Then you have CoPro Assessments (what we would call Condo Fees) based on the annual budget. Then you have Extraordinary Co Pro year end fees (what we call assessments if the budget was not made) As the time we looked you had to put your unit into the rental pool for FIVE YEARS where the rent went to the ASSOCIATION not the OWNER. Then there was a daily "facility charge" when an owner visits to cover overhead services--employees. Then there were restrictions/approvals required if you ever wanted to sell. In the end we wanted our time there to be totally relaxing (why we go there) and felt we were potentially buying something where renting would be more enjoyable than owning.

Joined: Dec 2005
Posts: 732
O
Traveler
Offline
Traveler
O
Joined: Dec 2005
Posts: 732
We looked into this as well. It is not and I mean NOT an investment. Club O is up-front with this as well. They are very transparent. It is a sum of money you pay so you can be recognized as an owner of the property.The "purchase" allows you a certain amount of time in your unit for a small daily fee. Preferred reservations for additional time at a higher cost. The sales angle is that you are supporting the nudist lfestyle. I could not find any way that it would ever be profitable. Factor in weather disasters, legal changes regarding nudity on Orient, a host of many other potential legal issues and what you have is basically a "donation" to the nudist lifestyle. If I remember correctly the property is only able to be insured for a % of its actual value. That is a mess that will eventually become reality. They also maintain their own water plant to de-salt the sea water and that is a money pit. If you are wicked wealthy and so inclined it may fit. I remember leaving the meeting and heading to the Perch for a lemon breeze or 6 as I could not believe what I had heard.

Joined: Nov 2002
Posts: 1,341
sailn Offline OP
Traveler
OP Offline
Traveler
Joined: Nov 2002
Posts: 1,341
is there a perch lemon breeze fee too?

A
Anonymous
Unregistered
Anonymous
Unregistered
A
I hope plenty of wicked wealthy keep making donations to keep the place afloat and I hope the rest of us patronize as much as we can get away and enjoy. It would be a Caribbean Bummer of the 10th magnitude for them to no longer be. Ah, is this yellow umbrella taken? <img src="http://www.traveltalkonline.com/forums/images/graemlins/toast.gif" alt="" />

#20644 06/18/2013 06:12 PM
A
Anonymous
Unregistered
Anonymous
Unregistered
A
After many conversations with owners here is what we gleaned. if able, and interested in staying 3 months, and likely to do so for 6 years, it's a viable option to buy a studio. It is not a money making investment, but rather one that supports Club O as a naturist resort. Also, for anyone NOT a committed naturist, hence not desiring to live without clothes round the clock, and not needing to have the proximity of the room when rain interferes with a beach day, the expense makes no sense at all, no matter how long one might stay.

#20645 06/18/2013 09:33 PM
A
Anonymous
Unregistered
Anonymous
Unregistered
A
So for the roughly $100,000 investment (in a studio) you don't own the property, you're assessed fees, when you stay at your studio you pay a daily facility charge, the ownership only allows you a certain amount of time at your studio, and preferred reservations contain an additional fee.
Granted, it's a beautiful beach, but it sounds pretty close to a high priced time share to me.

#20646 06/19/2013 06:28 AM
Joined: Nov 2002
Posts: 1,341
sailn Offline OP
Traveler
OP Offline
Traveler
Joined: Nov 2002
Posts: 1,341
what per cent of the property's units is "owned" by individuals?

Joined: May 2003
Posts: 4,957
Traveler
Offline
Traveler
Joined: May 2003
Posts: 4,957
They are basically all owned by individuals



[Linked Image]
A
Anonymous
Unregistered
Anonymous
Unregistered
A
Quote
It is a sum of money you pay so you can be recognized as an owner of the property.The "purchase" allows you a certain amount of time in your unit for a small daily fee. Preferred reservations for additional time at a higher cost. The sales angle is that you are supporting the nudist lfestyle. I could not find any way that it would ever be profitable. Factor in weather disasters, legal changes regarding nudity on Orient, a host of many other potential legal issues and what you have is basically a "donation" to the nudist lifestyle


Me thinks a group of buyers interested in single ownership "Club O", would be better off banding together funds and buying "N Resort" in Jamaica. Incorporate and make purchase. That place has unbelievable potential with the right investers.

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
Marc--I thought, way back when, that the resort kept some of the units, like the minisuites or something? Did they sell them later or I just mis-remembered?


Carol Hill
Joined: Jul 2006
Posts: 636
Traveler
Offline
Traveler
Joined: Jul 2006
Posts: 636
Quote
Carol_Hill said:
Marc--I thought, way back when, that the resort kept some of the units, like the minisuites or something? Did they sell them later or I just mis-remembered?


You're not mis-remembering; not all units are privately owned. I don't know the figures, but I believe it's a little closer to 2/3rds. The villa is also not privately owned.

Joined: Dec 2000
Posts: 431
Traveler
Offline
Traveler
Joined: Dec 2000
Posts: 431
Quote
Bill_S said:
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.


You just missed the sale on those beach front chalets...it ended yesterday. <img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" />

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... <img src="http://www.traveltalkonline.com/forums/images/graemlins/duh.gif" alt="" />

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
OK, thanks. My memory often isn't what it used to be, so I tend to doubt myself.


Carol Hill
Joined: Jul 2006
Posts: 636
Traveler
Offline
Traveler
Joined: Jul 2006
Posts: 636
Quote
Carol_Hill said:
OK, thanks. My memory often isn't what it used to be, so I tend to doubt myself.


And the amount of rumors that are always floating around Club O can't help, right? Hey, did you hear about the pool?!? <img src="http://www.traveltalkonline.com/forums/images/graemlins/Wink.gif" alt="" />

A
Anonymous
Unregistered
Anonymous
Unregistered
A
I was sure I corrected that mis- typing, and had done so in TWO ways... <img src="http://www.traveltalkonline.com/forums/images/graemlins/Laugh.gif" alt="" />

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
So far, it seems the TVs are the same myth. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Grin.gif" alt="" />


Carol Hill
Joined: Jul 2006
Posts: 636
Traveler
Offline
Traveler
Joined: Jul 2006
Posts: 636
Quote
Carol_Hill said:
So far, it seems the TVs are the same myth. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Grin.gif" alt="" />


Actually, the TVs are coming. They have to find a company to wire the place for less than a grand fortune. It is hoped this will lessen the strain on the internet pipeline. The project is just on island time. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Grin.gif" alt="" />

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
Yeah, I know the TVs have been in the newsletter, but as you say 'island time'... <img src="http://www.traveltalkonline.com/forums/images/graemlins/Smile.gif" alt="" />


Carol Hill
Joined: Nov 2002
Posts: 1,341
sailn Offline OP
Traveler
OP Offline
Traveler
Joined: Nov 2002
Posts: 1,341
when we were there last Thursday week, in la boutique there was an architectural concept drawing of a proposed pool. Pool was an above ground pool.

Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
Really???? That makes absolutely no sense, on a whole lot of levels. If they were going to do it, why in the world would it be an above ground pool? Today isn't April 1, come late, is it?


Carol Hill
Joined: Apr 2001
Posts: 507
Traveler
Offline
Traveler
Joined: Apr 2001
Posts: 507
Not that I am interested in buying, but one advantage of ownership is that the owner can fix up the unit to their tastes. I visited one unit that was furnished much better than the unit I was staying in.


Beach Hunter
A
Anonymous
Unregistered
Anonymous
Unregistered
A
Quote
sailn said:
when we were there last Thursday week, in la boutique there was an architectural concept drawing of a proposed pool. Pool was an above ground pool.
Above ground pool? sounds like any backyard in my good old Midwest!

Joined: Dec 2005
Posts: 2,081
Traveler
Offline
Traveler
Joined: Dec 2005
Posts: 2,081
Hopefully, it remains just a "concept". An in-ground pool and/or hot tub would, in my humble opinion, be more useful than TV's. A nice way to relax after a rough day on the beach. <img src="http://www.traveltalkonline.com/forums/images/graemlins/Laugh.gif" alt="" />

We've met owners that were happy with their purchase and the terms. I believe Jenni's parents are owners - I wonder what their overall perception is. Jenni?


I'm going where the weather suits my clothes.
Joined: Aug 2000
Posts: 83,992
Likes: 4
Traveler
Offline
Traveler
Joined: Aug 2000
Posts: 83,992
Likes: 4
I totally understand the reason why they are putting TVs in, as basically, people watching TV now are totally destroying their band width, and making it unusable. As far as an above ground pool, in a hurricane prone area? Weird..


Carol Hill
Page 1 of 2 1 2

Link Copied to Clipboard
Powered by UBB.threads™ PHP Forum Software 7.7.5