This fee is charged upon the sale of your Platinum Skies property. The event fee lets us recoup our original investment into the construction of the communal amenities, which typically represent around 30% of the available space. You can enjoy the communal amenities now and pay for them later.
The event fee rises in 2% increments each year, reaching 10% in year 5 of the property's total market value. The event fee; at this point, it is capped, no matter how long you live in your Platinum Skies home.