Whats the latest rumor on the amount that an owner might get back?
NOTE: I leave this, written 7 years ago here, and I put the latest news below it… I have heard no rumors, but I’m the “expert” on the subject so let’s start the rumor. If it were held today, I think the selling price would be, at most, twice the residual value for each unit, ie, I think the developers would only be able to sell it for an amount equal to twice our guarantee, or less. We would get back our guaranteed value, and the developers the amount above that. In my case, this would be at most $29,000 for week 52 and $28,000 for week 51 for a large “C” duplex with “ocean and pool view”. Of this I would receive my guaranteed $14,500 or $14,000. The prices at the Royal Islander and Royal Sands should have some influence, and maybe 9 years from now inflation will help increase this amount above twice the guaranteed residual value… but the fact is that there is less demand for this side of the island. Vacation Clubs is already being spruced up with everything the others have… a la
