Heinz-D. Pakusch

Review of Hapimag

The Hapimag resorts are - as far as we have met th...

The Hapimag resorts are - as far as we have met them in the last 25 years - to recommend. Everything is functional and very clean.
Hapimag is recommended for several years but not more. With the purchase of a "stock" (which is not a stock, as it can not be traded like stocks), you pay out 60 points per year as a payout, which can be shaken off again. On site only the additional costs are paid; Furthermore, an annual fee is due once a year (2014: EUR 299.33). This does not seem like much, until 10 years ago (2003: 198.54 EUR). Meanwhile, both the annual fee and the additional costs have increased exorbitantly. Example: 3 weeks Tenerife in the 2-room apartment: 2006: 252,00 EUR; In 2014 we paid 618.00 EUR for the same service. For this we were charged 105 points. An annual fee costs 1 point now 5,00 EUR, so 525,00 EUR are added. 1140.00 EUR to additional costs and annual fee for an apartment ,. which has already been paid over the points, is considerably too expensive. For these enormous additional costs, I can also rent something on the open market; I do not need to tie up capital in a "share" in the long term.
The Hapimag system was recommended in the last millennium until the first years of the new millennium; Meanwhile, it is not recommended because of the cost explosions. The price / performance ratio is not right.