VELAS VALLARTA Timeshare COMPLAINTS
Casa Velas Hotel Boutique, Velas Vallarta Suite Resort & Convention Center, Grand Velas All Suites & Spa Resort Riviera Maya, Grand Velas All Suites & Spa Resort Riviera Nayarit.
- Legal Name:
- Desarrollos Turisticos de la Costa S.A. de C.V., Promotora Turistica Las Velas S.A. de C
- Rental Companies:
- Sierra Rentals and Resales
- Hotel Representatives:
- Cheryl Manaker, Monica Dellagrave
Legal name
Desarrollos Turisticos de la Costa S.A. de C.V., Promotora Turistica Las Velas S.A. de C
Rental companies
Sierra Rentals and Resales
Representatives
Cheryl Manaker, Monica Dellagrave
Velas Vallarta is a family-friendly, all-inclusive resort located in the Marina Vallarta district of Puerto Vallarta, Jalisco, Mexico. The resort sits on 10 tropical beachfront acres along Banderas Bay and is approximately five minutes from Licenciado Gustavo Díaz Ordaz International Airport. Its address is Paseo de la Marina Norte 585, Marina Vallarta, Puerto Vallarta, Jalisco 48354, Mexico.
Velas Vallarta was founded in 1989 (with some sources citing 1990 or 1991) and remains owned and operated by the Vela family. It is part of Velas Resorts, a luxury Mexican hotel group with properties along the coasts of Puerto Vallarta, Riviera Maya, Riviera Nayarit, and Los Cabos. The group's portfolio includes:
- Grand Velas Riviera Maya (2008) – AAA Five Diamond all-suite resort on the Caribbean coast.
- Grand Velas Riviera Nayarit – Luxury all-inclusive on Banderas Bay.
- Grand Velas Los Cabos (2016) – The group's newest property, overlooking the Sea of Cortez.
- Casa Velas (2005) – An adults-only boutique hotel in Marina Vallarta.
- Velas Vallarta (1989) – The original family-friendly resort.
Common Complaints:
- Claim to sell fractional ownerships instead of timeshares, but in reality they are not deeded properties, just contracts for timeshare weeks.
- Salesperson claims that all travel expenses would be a tax write off against the property ownership because it is a fractional ownership.
- Salesperson claims that Sierra will rent out their timeshare weeks for a profit. Sierra charges a listing fee, but then never rents the weeks, and they stop answering the phone.
- Many clients have received calls from Sierra about a year after their purchase stating that they have a buyer for their Velas Vallarta property. They are told that they just need to pay for the title search and taxes into an escrow account and then they money from the buyer will be released to the seller. The seller wires the money to the escrow company, and then never hears from them again.
- Offer an annuity program where clients are promised to get their full investment back after 25 years if they pay an extra 5-7% of the purchase price to Lloydshare, the third party company that organizes the annuity.
This company is a complete scam period.
Timeshares are, and always have been a a legal scam, unfortunatley!
i was invited by a promoter, he told me i would help him because they receive a bonification per couple that goes to they're presentation and i ended up buying, it was the worst choice ever, i'm stuck for 99 years, i cannot rent my weeks, i cannot go anywhere else, don't do it!
Compre un tiempo compartido en Velas Vallarta 2 semanas al año y me dijeron que por medio de RCI podria visitar varios lugares pero la realidad es que ha sido muy complicado ya que es muy dificil encontrar disponibilidad en los destinos que quiero y he terminado vacacionando en vallarta ya por 3 años
Velas Vallarta is a terrible company that takes advantage of foreign visitors by misleading promises and subterfuge. Avoid at all costs.
when you sign papers with them or any other resort they claimed that you are subject to Mexican law, which mean they win automatically, all they have to do is paid a corrupt Judge (all of them) and they are free of guilt.
when you sign papers with them or any other resort they claimed that you are subject to Mexican law, which mean they win automatically, all they have to do is paid a corrupt Judge (all of them) and they are free of guilt.
Nosotros estuvimos a punto de firmar una especie de TC pero con hospedaje y traslado en el mismo paquete… quedamos en volver al dia siguiente a firmar… y en la noche nos pusimos a leer las letras chiquitas y habia TANTAS restricciones que nos hicieron abrir los ojos y darnos cuenta que lo que nos estaban vendiendo no era realmente lo que por la tarde nos habia parecido SENSACIONAL.
I have had no luck with my credit card company for the one line on the enrollment application that states "cancellation but no enrollment refund." Please help me!
We were given false promises verbally as well as in writing. We called the salesman many times and he is never available to talk to us. He is a very different person from the one we knew the first time.