On August 1, Disney Vacation Development (dba Disney Vacation Club) filed the 5th and final Declaration of Condominium Amendment for Disney’s Polynesian Villas & Bungalows. The Declaration adds the 4 remaining bungalows and 16 remaining studios (on the third floor of Tokelau) to the inventory available to DVC, allowing DVC to start selling points corresponding to these units. This brings the total Polynesian Villas & Bungalow units available for DVC Members to 20 bungalows and 360 studios.
Disney’s Polynesian Villas and Bungalows Declarations
|Original Declaration||January 7, 2015||Phases 1-5 & 11-40 added to the Condominium|
|First Amendment||January 7, 2016||Phases 6-8 & 41-57 added to the Condominium|
|Second Amendment||October 21, 2016||Phases 58-67 added to the Condominium|
|Third Amendment||March 13, 2017||Phases 68-77 added to the Condominium|
|Fourth Amendment||June 2, 2017||Phases 78-84 added to the Condominium|
|Fifth Amendment||August 1, 2017||Phases 9-10 & 85-87 added to the Condominium|
Phase Site Plan
This Declaration added 5 additional “units” shown below:
Two Use Years Selling Out Imminently
Prior to this latest Declaration, only one previously declared unit had no deeds recorded against it, bringing the total unsold units to 6 with this Declaration. Since each unit only corresponds to one Use Year, and there are 8 Use Years, this means 2 Use Years will become unavailable once the units currently being sold are exhausted, which could happen imminently. There is no way to tell which Use Years will become unavailable, since the Use Year assigned to the remaining 6 units will not be known until deeds start being recorded against them.
Polynesian to Sell Out in ~3 Months
DVC has sold 3,329,774 of 4,032,720 total points (83%) at Disney’s Polynesian Villas & Bungalows as of July. Polynesian Villas & Bungalows will be considered “sold out” (~95% sold*) within 3-4 months at the current sales rate – just in time for the popular holiday season at Wilderness Lodge, which should boost sales of Copper Creek Villas & Cabins.
* Completely sold out is 98%, since DVC retains 2% of each resort for cash reservations.
Thanks to DVCinfo forum member @hakunamatata for tip! Thanks to DVCinfo forum member @wdrl2 for additional information!