Pricing

What is maintenance and why does it rise so much?

The cost to operate a resort is spread out among all owners at that resort via an annual maintenance fee.  The fee must also build up reserves to pay for non-recurring costs like furniture, landscaping, external upgrades,  appliances etc. that need periodic replacement and other capital costs as normal physical deterioration occurs, just like your own costs of owning your house or car etc.  Maintenance fee’s rise each year by around 10-15% depending on the resort and location, a lot of these rises are unjustified and generally put down to increase in materials and labour.