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Maui South Shore Condo Newsletter - October 2008
What a great selection of new Maui condo listings this month. I am not including any short sales here, because that is not my specialty.
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1. Lowest Price, Kihei $155,000.00
- tired of paying rent? why not own this 1BD/1BA ground floor air conditioned unit
- right in the heart of Kihei, walk to beaches and shops
2. Pool and Tennis, Kihei $236,600.00
- 1BD/1BA unit is impeccably clean with upgraded carpet and paint, A/C
- great amenities such as a pool/spa area, tennis court, and BBQ area
3. Vacation Rental, North Kihei $311,000.00
- nice looking ground floor 1BD/1BA unit with pool and hot tub
- across the street from the ocean, seller willing to negotiate
4. 3 Bedrooms, North Kihei $349,000.00
- well priced private 3BD/2BA ground floor condo with views of the natural wetlands
- huge swimming pool/spa/BBQ/gym/and children's play area that is unmatched
in Kihei
5. Best Buy, North Kihei $399,000.00
- lovely spacious 2-story, 3BD/2BA unit has vaulted ceilings and is
comfortably furnished for vacationers
- large heated pool, spa, tennis courts, putting green and a shuffleboard
court, and pets are allowed
6. Cozy Complex, North Kihei $450,000.00
- very clean 2BD/2BA vacation unit, no updating is required, walk across street to beach
- with private, fenced and gated outdoor lanai unique to this unit only
7. Awesome Views, Maalaea $530,000.00
- partially renovated 2BD/2BA oceanfront vacation condo near boat harbor
- surf out your front yard, pets are allowed here too
8. Beachfront Rental, North Kihei $600,000.00
- second floor 1BD/2BA vacation condo, beautifully renovated in 2002,
spectacular ocean views
- great rental history, website and URL will be included for the buyer
9. Tropical Privacy, Wailea $785,000.00
- 1BD/1BA furnished ground floor unit, completely remodeled in December 2006
with travertine and granite
- meticulous and tastefully decorated, charming garden setting, owner
financing available
10. Bulk Sale, Kihei $895,000.00
- great opportunity for investor or large family, 3 side by side units being sold as one
- each unit is a 2-Story 2BD/1.5BA townhouse, totally renovated, spic and
span, vacant and easy to show
- seller will carry back for 3 years interest only, buyer needs 35% down
payment
- pet friendly complex does not allow short term rentals
11. Lavish Living, Wailea $3,300,000.00
- beautiful custom renovation featuring exotic woods, granite, glass tile, stone flooring throughout
- I love the bathroom with red glass tiles!
- 2BD/2BA penthouse with the best views you will ever see from a condo
12. Most Expensive, Wailea $6,045,000.00
- spacious one level 3BD/3BA villa with fantastic ocean views
- dramatic, open bright and airy floor plan with oversized windows and lofty ceilings
- private elevator and garage, 24 hr security and gated entry
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Georgina M. Hunter R(S) e-Pro
Paia, HI 96779 (808) 283-0635
Jim Sanders Realty Inc.
PO Box 792050, Paia, HI 96779 (808) 579-8255 FAX: 579-9004
Looking for a quiet spot in Wailea? Call THE HUNTER... Georgie Hunter, your South Maui Specialist.
Search all Maui condo and residential listings on my website... www.eastmaui.com
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Aloha from Maui... The Hunter "I want to help you reach your Real Estate goals."
Georgina, You've got some terrific prices on those condos! You couldn't touch one here for that price so close to the beach---it's times like this I wonder; I LOVE the beach and warm weather!!
Georgina, there is a variety of condos in different price ranges for everyone. I have a question...are you seeing any foreclosures there and if so where and how much?
Carole - I try to select the ones that stand out, and there have been some great deals lately... I'm tempted to get one myself! Too bad the one I want costs over $3M.
Gena - We are seeing foreclosures here, but they say it's not as pronounced as the mainland, due the fact that we have more demand, and less supply. I really don't follow the foreclosures that closeley, but the ones I have noticed are in the central area (Kahului and Wailuku) mostly. The thing is, over here when the price gets low enough, there are buyers just waiting for the opportunity, so they don't last long.
Georgina, I should have known better. Kahului and Wailuku I don't remember. Are these areas where more of the locals live?
Gena - let's just say it's where a lot of the most affordable housing is.
Can you tell me why the condo fees are so high in Maui. There is no way to make a decent return on investment properties with the taxes and the condo fees so astronomically high.
Thx
Wayne - condo fees are based on the square footage of each unit, and also on the number of units in a building. Other factors that contribute to the monthly cost include: water and sewer, common area insurance, grounds and pool maintenance, and of course the cost to repair and replace the big ticket items when they come along. Because the cost of living on Maui is high, this is reflected in the maintenance fees. Like so many things here on Maui, it's expensive, but it's worth it. As far as making a decent return on your investment, you'll find that if you pay cash you will get better results. Maui condo owners have to appreciate the ability to use the condo themselves, which is priceless.
Can you tell me what the condo fees are for Iliahi @ kehalani are and what they include? Looking to buy
thx
Thomas Arts - I don't have your contact info, so please call or email me for more info. 808 283-0635
Iliahi maint fees about $445/month