Is Bluegreen Timeshare Worth It?

Understanding Bluegreen Timeshare Ownership

Bluegreen Vacations ranks among the top vacation ownership or timeshare companies in the US, offering ownership interests in high-demand travel destinations. When you purchase a timeshare with Bluegreen, you will actually own interest in a vacation property.

Most of these are divided into fixed or floating weeks to give you flexibility on when you want to vacation each year. Also, Bluegreen offers a points-based system, and it allows its owners to utilize their points in the booking of stays at several resorts which are within its network.

Financial Aspects of Bluegreen Timeshare

Starting Price for Initial Purchase

Bluegreen timeshare initial purchase prices vary widely based on where the location of the property is, what time of year you prefer to vacation, and the type of unit you like. On average, expect to pay from $10,000-$50,000 for a Bluegreen timeshare.

Maintenance Fees

In addition to the initial purchase price, owners are required to pay an annual maintenance fee. The fees go towards property maintenance, salaries for staff, and general upkeep costs. Maintenance fees usually fall within $500 to $1,000 yearly, although they can sometimes go up in value.

Additional Costs

Other potential costs include special assessments for property improvements or unexpected repairs. Owners also need to consider costs for commuting to and from their timeshare.

Benefits of Bluegreen Timeshare Ownership

Flexibility

One of the most important advantages to a Bluegreen timeshare owner is the flexibility of ownership. The point-based nature of the ownership makes it possible to go to a wide range of destinations and a variety of accommodations to suit your vacationing tastes.

Quality Resorts

There are over sixty Bluegreen resorts spread across many of America’s great vacation spots: Florida, Tennessee, and Nevada. These resorts are often equipped with the best of facilities like swimming pools, gyms, and restaurants.

Exchange Opportunities

Bluegreen is affiliated to RCI which is a worldwide timeshare exchange network. That means owners can even swap their points for over 4,300 timeshare resorts across the world, which makes the likelihood of even newer vacations stronger than ever.

Potential Drawbacks to Consider

High Initial Cost: The upfront cost for buying a timeshare is quite heavy. A potential buyer must, therefore, consider whether such an investment really aligns with their holidaying lifestyle and their goals of personal finance.
Ongoing Maintenance Fees: Annual maintenance fees can go up every year and accumulate over the years, creating a financial headache. Be sure to include this cost in your long-term budgeting.
Difficulty in Reselling: Timeshares are difficult to resell, and users usually fail to recover the money they put into it. In most cases, the resale market is flooded, and the prices can go down to about 30% of the initial cost of purchase.

Comparing Bluegreen to Other Timeshare Options

For that, some of the comparisons with other timeshare options would be essential. Some key factors to consider:

Resort Network: Bluegreen has a network of more than 60 resorts, which is quite a strong portfolio. Marriott Vacation Club and Hilton Grand Vacations have much larger portfolios.
Points System: Another factor giving the Bluegreen company an advantage is the flexibility of the Bluegreen points-based system. However, there are other firms offering the same system, hence it will be a good thing to compare the details of each program.

Cost: Although Bluegreen timeshares are often competitively priced, you’ll want to compare the overall cost of ownership—including maintenance fees and any other costs—between different timeshare companies.

Real Member Experiences and Reviews

Real experiences and reviews by current Bluegreen timeshare owners can be so helpful in determining the pros and cons of ownership. Quite a number of owners found the quality of resorts appealing and the flexibility of the points system attractive as well. However, some have reported frustration with rising maintenance fees and difficulties booking popular locations during peak seasons.

Making an Informed Decision

Deciding whether a Bluegreen timeshare is worth it requires some soul searching. Be honest with yourself about your vacation habits, financial position, and long-term goals. Here are some steps to help you make an informed decision:

Travel Habits: Consider the frequency of your vacations.
Calculate the Total Cost: Add the buying price, the annual maintenance costs, and any other additional expenses that come with it.
Read Reviews: Find reviews from existing Bluegreen owners so that you have some perspective on what to expect.
Consider Resale Value: Keep in mind selling a timeshare is tough; one isn’t likely to get their principal amount back.
Evaluate Other Options: Compare Bluegreen with other timeshare companies and potential vacation options, such as property rentals or vacation clubs.

HowToCancelMyTimeshare (HOW2CXL): The Best Option for Timeshare Exit

If you finally make up your mind that a Bluegreen timeshare is not something you need or if you are already an owner and want to exit your timeshare, we, as HowToCancelMyTimeshare (HOW2CXL), are always at your service. We specialize in empowering timeshare owners on the cumbersome task of contract cancellations. Allow us to help you navigate this complex process with our expertise and personalized approach toward finding the best solution for you.

Frequently Asked Questions

What is the Bluegreen points system?

The Bluegreen points system allows timeshare owners to use their points to book stays at various resorts within the Bluegreen network. Points can be used for different types of accommodations and destinations, providing flexibility in vacation planning.

How do maintenance fees work?

Maintenance fees are annual fees paid by timeshare owners to cover the cost of property upkeep, staff salaries, and general maintenance. These fees typically range from $500 to $1,000 per year and can increase over time.

Can I sell my Bluegreen timeshare?

Yes, you can sell your Bluegreen timeshare, but it can be challenging to find a buyer, and you may not recoup your initial investment. The resale market is often saturated, and prices can be significantly lower than the original purchase price.

How does Bluegreen compare to other timeshare companies?

Bluegreen offers a competitive points-based system and a network of over 60 resorts. However, other companies, such as Marriott Vacation Club and Hilton Grand Vacations, offer more extensive networks and similar points systems. It’s important to compare the total cost of ownership and the specifics of each program.

What should I do if I want to cancel my timeshare?

If you want to cancel your Bluegreen timeshare, our company, HowToCancelMyTimeshare (HOW2CXL), can help. We specialize in helping timeshare owners navigate the complex process of canceling their contracts. Contact us for personalized assistance and solutions.

Is Bluegreen Timeshare Worth It?