Everyone in the Oahu real estate and travel industry is excited about the upcoming opening of Disney’s newest resort, Aulani. It is scheduled to begin operations August 29, 2011 and is expected to be a major draw for tourists and possibly even second-home owners. While there are no plans for an amusement park, the facilities will include: a spa, conference/banquet facilities,Â time-shares, and plenty of shopping.
There are expected to be upwards of a thousand new jobs spurring an immediate demand for housing, and the amount of exposure the Ko Olina neighborhood will get by virtue of cross-promotion with the Disney brand is priceless. Unlike many other tourist areas, Hawaii is a 365 day a year destination, so I can’t emphasize enough how much of a positive impact on the local real estate market I expect the opening to have.
I rarely give a blanket recommendation…but this is a great time to buy Ko Olina no matter who you are! Investor, owner-occupant,Â entrepreneur…now is the time to get in. Contact me for a list of Ko Olina real estate for sale, including short-sales and REO’s (lender owned foreclosures).
*Current pricing as of 1/31/2011 ranges from $349,000-$1.15M for active listings.*