| One-sixth ownership in the LLC where each owner has eight consecutive weeks of usage each year. Owners select their time usage on a rotation. This top floor unit has over 1100 square feet and two lanais. Enjoy breakfast or dinner on the covered lanai off the main living/dining area. Yes, there is even a small peak at the ocean. The large master suite (bedroom and bath) is on the main floor and has a king size bed and its own private lanai. Also, located on this main floor is the kitchen, living and dining area, second bath and laundry closet. The second floor loft bedroom has two queen beds.
The Cliffs of Princeville amenities might be considered the best in Princeville with two swimming pools including a waterfall pool, two spas, two tennis courts, children's playground, recreation room, Volleyball Court, two shuffleboard courts, half-court Basketball Court, a putting green and Barbeque Grills.
All costs of operating the condominium are shared equally by the six share owners. Operating costs are $3175 per share in 2017 – $700 for first quarter and $825 for second, third and fourth quarters. Billed quarterly. Operating costs include all Homeowners Association Dues, Taxes, Reserve Funds, Utilities & Insurance. This is Share #4 that is currently offered for sale.
Share Selection Rotation:
2017 1,2,3,4,5,6
2018 2,3,4,5,6,1
2019 3,4,5,6,1,2
For example, the owners selected 2017 dates as follows:
Dec 27 (2016) – Feb 21 Share #6
Feb 21 – March 7 Manager
March 7 – May 2 Share #2
May 2 – June 27 Share #4
June 27 – July 11 Manager
July 11 – Sep 5 Share #1
Sep 5 - Oct 31 Share #5
Oct 31 – Dec 26 Share #3
And for 2018:
Dec 26 (2017) – Feb 20 Share # 4
Feb 20 - March 6 Manager
March 6 – May 1 Share #2
May 1 – June 26 TBD
June 26 - July 10 Manager
July 10 – Sep 4 TBD
Sep 4 – Oct 30 TBD
October 30 - Jan 1, 2019 Share #3 |