HAWAII REAL ESTATE
Why Hawaii is the ideal place for real estate
Hawaii is the premiere vacation destination that people from all over the world long for. The most valuable thing about Hawaii is the warm climate all year round. In addition to that, it is one of the safest places in the United States. In this tropical climate the “spirit of Aloha” is present all around. It is a place where nature and city coexist, with the sea and mountains nearby, and a shopping mecca where world-class brands gather. That is Hawaii.
Hawaii is a state in the United States. As you know, the United States is one of the most developed countries in the world, and it is said that the dollar is the most stable currency in the world. You can rest assured that you will retain ownership and maintain contracts when buying and selling real estate. Hawaii is also very popular in the United States, attracting more than 7 million tourists a year, as well as military retirees and students. Therefore, the value of real estate is unlikely to decline.
Since Hawaii is an island, the land on which general real estate (detached houses, condominiums) can be built is limited. Since people all over the world are looking for a limited number of properties here, it is unlikely that prices will plummet. If you look at past data (see graph), the value of real estate has so far has gone up. Furthermore, in recent years, real estate prices have been on the rise again. When renting out, there are many long-term residents, international students, military personnel, etc., so the occupancy rate is high, and the risk of vacancy is low for those who are thinking of investing in real estate.
For those who want to buy real estate abroad, there is no better place to go.
Hawaii consists of eight islands: Oahu, which is the center of business, economy and politics; The Island of Hawaii (also known as the “Big Island) is the largest island of Hawaii; and six other islands, Maui, Kauai, Lanai, and Molokai. Every island attracts tourists with its warm climate, abundant activities such as golf and marine sports, and the splendor of nature throughout the year.
Of all the islands, Oahu has the most abundant real estate properties and is very popular with Japanese people. Waikiki, the tourist center, is in the south, with the Ala Moana and Kakaako districts next to it. Kailua and Lanikai are in the east, or “Windward side”, of the island, and are known for their clear blue beaches. Ko Olina, a luxury resort featuring Disney’s Aulani and the Four Seasons, is located on the west side (“Leeward side”). The North Shore, a sanctuary for surfing, is always popular with tourists as well as locals. In Waikiki, where there were no new properties for many years, the hotel condos of "Trump Tower" and "Ritz-Carlton Residences" and "Watermark" and "Allure" were recently built.
Hawaii Real Estate
Hawaii is a unique place that offers many attractive real estate options: luxury high rise condo in a shopping district; oceanfront home steps away from clear blue waters; or private sanctuary on the North shore away from all the hustle and bustle. It's up to the long-experienced realtor to find rare Hawaiian properties. When you contact RE/MAX, we will immediately introduce you to the property that meets your requirements.
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