Time Share experience in Cabo San Lucas.

            Here’s the link to the deal we got: http://www.bookvip.com.   It’s an all-inclusive and at a very reasonable price.  Be prepared for sensory overload.  You must participate in the 3-hour presentation to get the deal.  They say it is 90 minutes, however, it’s three hours, period!  Here’s a tip, be prepared to say no, and don’t agree to buy something because “we just wanted them to stop pushing us”!  

            By the way, it’s now called vacation ownership.  It wasn’t for us, however it is a reasonable way to get an annual 7-day vacation in the tropics. The annual cost is about $700 a week, not all-inclusive.  The buy-in price, at the presentation, started at $30,000, and quickly dropped to $15,000.  And if you are considering this option, please look at the secondary market, where folks are just trying to walk away from their annual dues.  Our friend down there has 8 separate units that he bought for $10 or less.  He used them two weeks at a time and would come down from Eugene every four weeks or so.  Now he owns a home, in Cabo San Lucas and lives there full time. 

            The resorts are beautiful with good management.  The beach was lovely, however we quickly tired of locals attempting to sell everything to us, including drugs.   We saw a turtle laying eggs, and the next day another nest was hatching! There was evening entertainment along with the buffet, which got old after the first few nights.  Our room, a studio, had a great view. 

             The town of San Lucas is geared for a younger crowd.  It was filled with bars, and overpriced restaurants.  I imagine, someday our adult children may enjoy the town. 

            There are parts of San Lucas that are geared for the affluent.  In between the two large timeshare hotels was a partial/full ownership building.  Units where going for over a million, and in my opinion, it would be like buying an apartment in a hotel.   However, since you can rent it out, I was told that you can receive a 10% return on you investment annually!  A million can buy you a beach-front villa, however, you would have a great deal more responsibility, and not likely rent it like a hotel.

            Overall, I would recommend doing the vacation ownership presentation, and take advantage of the all-inclusive deal of five days on a beach.   While we were staying there we went on a couple of property tours of some condo developments.  I found them to be excellent and will give you more info in the next post.