Lahaina Condos By The Numbers
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Lahaina Condos For Sale
Lahaina Has a Handful Of Great Complexes
Lahaina lies along the western coast of Maui. The town played an important role in the history of the Hawaiian Islands. For decades, whaling and fishing ships used Lahaina as a home port.
Today, tourism thrives in this location. West Maui's beautiful beaches and its sunny climate contribute to Lahaina's appeal as a choice vacation destination. Visitors from around the world enjoy spending time touring the area. The town boasts numerous landmarks, as well as exceptional boutiques and restaurants. It maintains a unique ambiance.
Developers created a variety of lovely condominium communities for both short-term rental and long-term ownership opportunities. Buyers find a pleasing mixture of well-established condo developments, newer developments, rental properties, and residual workforce lottery program homes. The diversity of available condo selections in Lahaina offers many advantages.
Lahaina Condos For Sale
Strong Investment Opportunities
Some condo developments here date from the 1960s and 1970s, a period of significant growth in West Maui. One of the most exclusive, Puamana, operates a gated community on a 30-acre tract on the far southern edge of Lahaina. Constructed mainly during 1968, this enclave includes one, two, and three-bedroom units.
Residents of this delightful coastal spot enjoy superbly manicured park-like grounds and a pool jutting into the Pacific Ocean. The condominium maintains a clubhouse and a variety of recreational amenities. Puamana properties usually list in a broad price range, varying from around $600,000 to over $2 million. The development permits short-term vacation rentals, making it an excellent place to have an investment property on Maui.
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Some Recent Developments
Maui real estate buyers also discover many newer condo developments in Lahaina. For instance, D. R. Horton completed many of the Opukea condominium units at 1300 Limahana Place in 2008. Located conveniently adjacent to Route 30, these lovely two and three-bedroom condos supply open floor plans and generously-sized kitchens.
The pet-friendly Opukea community maintains a swimming pool. It lies within convenient commuting distance to West Maui beaches, shops, and restaurants.
More recently, the same developer finished the construction of the Ho'onanea townhome condominium community at 15 East Kuu Aku Lane in Lahaina. The 100 pet-friendly units offer spacious floor plans of 1400 square feet (or more). These two and three-bedroom townhomes sit within walking distance of Pacific Ocean beaches and nearby community parks. Although units here reach the resale marketplace only rarely, these Ho'onanea townhomes inspire strong interest.
Condotel Opportunities at Lahaina Shores and Aina Nalu
Maui real estate buyers should consult Maui County zoning and condo association rules to determine the rental possibilities for Lahaina condos for sale. A variety of choices occur within the local marketplace.
For example, Aina Nalu is a strong complex with an excellent return on the vacation rental marketplace. The property is near the center of Lahaina, only two blocks away from Front Street, a popular tourist destination. Residents who select accommodations in Aina Nalu benefit from free WiFi, and shared amenities that include fashionable landscaping, a pool, a gazebo, and a hot tub.
Similarly, from time to time, the elegant Lahaina Shores beach resort includes some Lahaina condos for sale. This seven-story hotel includes 199 units. Its studio and one-bedroom units furnish either mountain or Pacific Ocean views. Residents obtain direct beach access from the prestigious Lahaina Shores location.
Affordable Housing at Kahoma Village
Kahoma Village maintains a choice location adjoining both Route 30 and Front Street in Lahaina. The development offers a mixture of houses and condominium units for sale. With close proximity to shopping boutiques, fine restaurants, and outstanding beaches in an internationally acclaimed tourism destination, this enclave generates a lot of excitement.
The development reportedly made some of the condos in Kahoma Village available to participants in the state's innovative residential workforce lottery program.
In an effort to supply households meeting specific income guidelines with more affordable housing, this initiative used a lottery-style system to furnish qualified prospective buyers with access to new homes. Properties sold through the program require buyers to maintain at least 10 years of owner occupancy and to participate upon resale in sharing a portion of any appreciation benefits with Maui County.
Reasons to Buy a Condo in Lahaina
Owning a condo in Maui sometimes enables realty buyers to obtain rental income. Of course, Maui County promulgates detailed regulations impacting rental properties (and rental permits). It remains important to check with each development in advance about this issue to avoid possible disappointment later. The County may issue short-term transient rental permits for some locations, but not for others. Many factors enter into these types of administrative decisions, including specific zoning regulations.
Both Lahaina's location and the variety of condominiums here please people purchasing realty in West Maui. At least ten renowned beaches supply a venue for fun outdoor recreational activities across the region.
Residents of Lahaina condo communities discover nearby opportunities for swimming, snorkeling, paddling, sailing, and scuba diving especially at places like Launiupoko Beach Park. Additionally, condominium developments frequently offer private leisure facilities, such as swimming pools and picnic grounds.
Selecting Lahaina Condos For Sale
Conducting a careful search for the best Lahaina condos for sale to meet your unique goals can provide a rewarding way to achieve your realty dreams. This remarkable location supplies a wonderful quality of daily life for many people. The natural beauty of Maui and its rich, vibrant culture prompts people from around the world to spend leisure time in the Hawaiian Islands.
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