Hawaii is currently number one on the list of Best Luxury Destinations in the USA by U.S. News, and for good reason. The exotic greenery, breathtaking sights and pristine beaches are enough to sell any traveler on visiting. But, why visit when you can invest in a dream Hawaiian home?
For those itching to own their second home, considering the lush islands of Hawaii is ideal. There are many benefits of owning a vacation home in Hawaii’s tropical climate while still having the safety and security of U.S. laws.
Here is what potential home buyers should keep in mind when looking into purchasing a vacation home in Hawaii.
- Have ample time for due-diligence: When you purchase a home in Hawaii, state law provides buyers with 30 days to review all the purchase agreements and have their questions answered. This helps create a pressure/stress-free experience for buyers, many of whom are on vacation when they make the decision to call Hawaii their second home.
- Manage time zones: It can be a hassle to manage a second home in a different time zone. Consider having someone on the island who can monitor your assets for you and ensure everything is well taken care of while you are away, like security, bills, groceries, and air conditioning.
- Plan out furnishings: In Hawaii, homeowners sometimes face roadblocks when furnishing, due to lack of in-stock products and long shipping times. Many buyers take advantage of purchasing fully-furnished residences as a way to limit any inconvenience and own something that is move-in ready.
- Renting your home while you’re away: Many purchasers plan to rent their Hawaii homes when they are not currently living there, but it’s important to note that many areas in Hawaii have restrictions on rentals – only homes with Transient Vacation Rental Licenses within Visitor Destination Areas are legally allowed to operate vacation rentals
After being informed properly on how to logistically own a home in Hawaii, it’s time to look at properties. Here are three gorgeous options to consider.
This oceanfront, residential resort community crosses 865-acres on the exclusive Kona-Kohala coast of the Hawaii Island. Real estate opportunities include custom homes, home sites and villas, all of which include the Hualālai Club Membership, which offers access to the award-winning Hualālai Sports Club & Hualālai Spa, the oceanfront Residents’ Beach House, access to all amenities at Four Seasons Hualālai Resort, including the beach and pools. Real estate prices range from $2 million to $30 million.
Montage Residences Kapalua Bay
Launching in July 2014 with 84 oceanfront luxury residences situated in the year-round community of Kapalua Resort, this residence is a lush natural paradise located on Maui’s spectacular western shore. Within the 1,650-acre community, each residence is a rare treasure, offering generous private lanais and expansive ocean views.
Kukui’ula is the first and only private club community on Kauai. The 1,010-acre residential community, located on Kaua’i’s southern coast in Po’ipū, is nestled between the National Tropical Botanical Garden and historic Old Koloa Town. Kukui’ula boasts custom ocean view home sites and luxury homes, villas, cottages and bungalow.