In working on my recent market update reports at Honua Kai, I was interested to see where in the world all of the Honua Kai buyers are from. Not surprisingly, the majority of the owners at Honua Kai are from Hawaii, the U.S. West Coast, and Canada, which follows the general trend for these type of properties in Maui. What did surprise me was that besides Canada there are only a few select owners from a handful of other international countries.
*This information has been exclusively gathered by me and to the best of my ability represents an accurate representation of this information.
Ease of travel always has a strong correlation with real estate ownership in Hawaii. Considering that there are a couple of airlines offering direct flights from California and other West Coast destinations including Vancouver, BC directly into Kahului airport, I am not surprised by the numbers that you see here.
Top Foreign Buyers of Maui Property
Over $1 Billion has been invested in Hawaii from Canada over the last 8 years! A little over 18% of the owners at Honua Kai have Canadian mailing addresses.
The only other foreign addresses of Honua Kai owners are (one of each) from:
- Hong Kong
- United Kingdom
What is Going on in the Honua Kai Market Place?
Below is an area report that I created for the Honua Kai resale market for 2013 thus far. For the entire report, including sold data on developer units, please visit my most recent market August 2013 market update.
What’s For Sale at Honua Kai?
As I have shared in previous posts, the developer inventory is dwindling, but there are still some very strong values available – please reach out to me directly for my current ‘top buy’ list and complete inventory pricing sheets.
Also, there are a number of new resale listings that have just come on the market, which I will be detailing in later posts. For the time being, please visit my Honua Kai Real Estate Gallery for the complete list of resale properties as well as select developer units.
I know Honua Kai inside and out, I have a lot of information about the resort and always place my clients interests above all else, and I am here to help.
Aloha from Ka’anapali, Maui,Jeremy Stice REALTOR (Broker) 808.281.2178 Stice@HawaiiLife.com
My Blog Series on Honua Kai Condos
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- Honua Kai Resort in Kaanapali, Maui – Start here, as this blog will provide you with a good overview of the resort including video on its location, and its world class amenities and ownership offerings.
- Honua Kai Resort Real Estate For Sale – Kaanapali, Maui Condos For Sale – This post focuses on the inventory actively for sale and where all the units are located.
- August 2013 Market Update Report– my most recent market update report on what is taking place at Honua Kai.
- Honua Kai Resort Mid Year 2013 Market Update – We are beginning to see a clear trend that the resale market has become far more prominent than it has in the past.
- Canadian Financing at Honua Kai available with 30% Down Payment – 18% of the owners at Honua Kai, how are they securing these properties?
- Honua Kai Rental Income Figures – With some of the strongest returns of any ownership opportunity in Hawaii, Honua Kai deserves your strong consideration for short term cash returns on investment.
- New Ocean View One Bedroom Resale Unit Just Listed – check out this post on my one bedroom best buy in all of Honua Kai.
- Honua Kai May 2013 Market Update Report – Read about the new developer price reductions and all the recent market activity down at the resort.
- 50 New Price Reductions on Two and Three Bedroom Units at Honua Kai – New developer price reductions announced on April 18, 2103.
- Honua Kai March 2013 Market Update Report – There has been a significant increase in the level of sales for two bedroom units at the resort. Read all about it here.
- One Bedroom/One Bath Mountain View Unit at Honua Kai Sold for $525,000 – Congratulations to the Kojima Ohana on their recent resale purchase at Honua Kai.
- 5 Remaining One Bedroom Plus Den Units for Sale at Honua Kai – They are sold out of developer one bedroom units but check out this video blog for this niche units starting in the high $700k range.
- Honua Kai 2 Bedroom/2 Bath Condo Sold a Seller’s Perspective – What our seller client had to say about our team selling their property for a $135,000 short term gain.
- 2 Bedroom Ocean View Best Buys at the Honua Kai Resort and Spa – Feb ’13 post on the best ocean view and partial ocean view two bedroom units.
- 4 New One Bedroom Listings at Honua Kai – Posted on January 2013 be sure to check out these best buys priced under $550K
- Honua Kai January 2013 Market Update – What’s happening in the new year at Honua Kai? Are prices increasing?
- Honua Kai HOA Fees Increasing By 10% Effective Feb. 1, 2013 – What are the current fees, what do they cover, and what other costs of ownership are involved?
- 25% Down Payment Financing Options at Honua Kai – Get the inside track on leveraging your cash investments at Honua Kai.
- Canadian Couple From Vancouver B.C. Purchases a 3 Bedroom Honua Kai Unit for $1,900,000 – Did you know that many of the owners at Honua Kai are from Canada?
- Honua Kai November 2012 Market Update – The latest news after a crazy year of selling
- Honua Kai January 2012 Update – Why Honua Kai is the hottest deal in town right now
- Honua Kai Purchase Process – An owner’s perspective of purchasing and experiencing the resort.
- 35% Price Reductions on Condos For Sale at Honua Kai Resort – Read about how the developer dramatically slashed the prices at Honua Kai and where some of the best deals are at.
- Price Reductions on Honua Kai Resort One Bedroom Units – Video blog on 1-bedroom units that are Screaming Deals.
- Honua Kai Resort in Kaanapali – Best Two Bedroom Deals – Video blog on 2-bedroom units that are Screaming Deals.