If you’re thinking about buying a home or villa on Kiawah Island golf resort there are costs that one needs to consider as part of the research process. As an agent in Charleston SC who sells on Kiawah I see all too often visitors to the island that fall in love (trust me I get it), and want to own for themselves but then are taken back by the monthly or quarterly regime dues, yearly POA dues and insurance required to be an owner. Then of course there are club dues that also must be considered. Learn more about return on investment (ROI) vacation rentals.Â
There is are ANNUAL $2350 POA dues in addition to below:
DEVELOPMENT REGIME FEES
$1250 Monthly |
 $1450 Quarterly |
$375 Quarterly |
$394 Monthly |
 $1600 Quarterly |
|
$800 Quarterly |
$270 Monthly |
$2500 Quarterly |
$400 Monthly |
$1200 Quarterly |
|
$750 Quarterly |
Sea Forest Villas $1600 Quarterly |
HOA – $1075 Quarter |
$1200 Quarterly |
$350 Quarterly |
$200Â Monthly |
There is a half of 1% of the purchase price due at closing for the Property Owners Association.
So your next question is what does my regimes and POA dues go toward? Good question…
As far as the $2369 yearly dues are concerned there are a couple things that your money goes toward. Ever notice how beautiful the grounds and landscaping is at Kiawah? That’s one. The immaculate cleanliness, phenomenal landscaping, lighting, irrigation, etc that surrounds every inch of Kiawah Island. Two “The Sandcastle Community Center“, community pool, gym, lounge, parks and the the staff that manage it.
As far as the regimes for each “sub development” that is similar but specific to your particular property. Each building, and off shoot development, villa complex, condo community etc has it’s own set of expenses separate from that of the Kiawah Island resort. For example: each building (let’s use Windswept Villas), that set of buildings has its own hazard, wind, & flood insurances that cover everything on the exterior building as well as the common ground. There is also upkeep of the common areas for Windswept Villas {landscaping etc}, and any expenses associated with a pool (if the development has its own private facilities separate that from The Sandcastle). The primary expense is the insurances on the development.