Vacation Ownership at Royal Resorts

Q. May I bring guests with me to stay in my villa?

A. Of course. Your villa is large enough to accommodate six people and a seventh person on payment of an additional daily fee.

Q. Do the villas have kitchen facilities?

A. Yes. All villas have fully equipped, American-style kitchens.

Q. Is the villa furnished and must I bring towels or small appliances with me?

A. Your villa is fully furnished, down to a blender, china, saucepans, linens, towels and a corkscrew…just bring your clothes and a toothbrush.

Q. Is there daily maid service?

A. Yes, except on Sundays and official Mexican holidays.

Q. Once I have purchased my one or more weeks, all I pay from then on are my annual dues?

A. Exactly. These annual dues (Club Service Fee) include maintenance, property taxes, maid service, utilities, furniture and equipment replacement fund, management, etc…in short, everything you would expect.

Q. How do I know my villa will be ready for me when I arrive?

A. There is daily maid service during, and a full inspection prior to your occupancy. The members of staff inspecting the units have a detailed checklist to ensure that everything is in tiptop condition.

Q. Can I break up two consecutive weeks and take two separate one-week vacations to Cancun or the Riviera Maya?

A. Yes, you may deposit your unit or the one-bedroom suite or lockoff room portion in the internal exchange program available to Royal Resorts members and timetrade to another time of year, giving you flexibility to change your vacation schedule.

Q. What options do I have if I decide I would like to go somewhere else one year?

A. As a Royal Resorts member you have access to an international vacation exchange network and you can enroll your two-bedroom unit or part of it (the one-bedroom suite or the lock-off room) and travel the world, staying at resorts of a similar standard. And as Cancun and the Riviera Maya are two of the world’s leading beach destinations and Royal Resorts are top rated properties, demand is high for exchanges.

Q. May I resell my unit?

A. Yes, you may.

Q. Can I pass the membership on as part of my estate?

A. Yes. You may will it, rent it or give it away, just like any other real estate property.

Q. May I rent my week (s) or let a friend use them if I cannot use them myself?

A. Of course, the villa is yours for the time period you selected.

Q. How long is the membership period?

A. The membership period is 30 or 50 years depending on the resort. You can see the Membership periods of the different resorts in the Vacation Ownership Rights section.

Q. What happens when the membership period expires?

A. The Club will be sold to the highest bidder and, after first deducting taxes, commissions and other appropriate charges and expenses derived from such sale, any sales proceeds remaining will be distributed among the beneficiaries of Vacation Intervals, corresponding to an equal share for each vacation interval into which the Club is divided.

Q. Can I split the purchase of a membership with a friend or relative and have it in both names?

A. Of course. Some purchasers even hold the memberships in the name of their business or corporation where they can be used by clients or as employee incentives.

The Mexican economy has been receiving accolades for its recovery from the global recession in 2009 and for its stability. The annual inflation rate is one of the lowest in the OECD and its growth rate stands at over 4% for 2011, despite continuing uncertainty in the world’s financial markets.

Q. I’m nervous about purchasing in Mexico? Where should I begin?

Royal Resorts is a Cancun pioneer with over 30 years developing, building and managing five-star resorts in the Mexican Caribbean. It has a membership base of over 85,000 families from 71 countries and a customer satisfaction rate of 97 percent, the highest in the industry. It has a reputation for honesty and integrity.

Q. Why have people decided to buy in Cancun?

With its combination of Caribbean beaches, Mayan history, Mexican hospitality, year-round sun and a world of natural and historical attractions on the doorstep, Cancun has become the second most important vacation ownership market in the world, after Orlando, Florida.
Cancun International Airport is the second largest airport in Mexico and an important regional hub with direct flights to major cities in the United States, Canada and Mexico and European and Latin American capitals. Traveling to Cancun is very easy.
The government has also invested billions in infrastructure – in highways, power and water supply grids and Internet connections in the area. Cancun and Playa del Carmen have modern schools, universities, hospitals and US and Mexican supermarkets and department stores, in addition to upscale shopping and restaurants.

Q. I’ve read about violent crime in Mexico. Should I be concerned?

The drug-related crimes you’ve read about are thousands of miles away. Like any other international travel destination, the Mexican government sets a high standard for security in this area. According to articles in USA Today and The Economist, crime risk in the Yucatán is lower than some U.S. averages and some statistics indicated that this area is as safe as Wyoming and Montana.

Are there restrictions for foreigners buying property in Mexico?

The Mexican Constitution prohibits direct ownership by foreigners of real estate within 100 kilometers of any border, and within 50 kilometers of any coastline. However, the Mexican government introduced a system of land trusts known as fideicomisos (fiduciary trust) so that foreign nationals can invest in property inside the restricted zones.
Fiduciary trusts are administered by a Mexican bank. You are the trust’s sole beneficiary and have full rights to the property. The trust protects your ownership rights and enables you to name a beneficiary upon your death.