Maui Condos For Sale

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maui condos in kihei

Below you will find all Maui condos for sale, with data updated daily from the Maui MLS. Navigating through hundreds of listings can daunting, specialize as the Maui condo market is much more complex than others - with properties varying in zoning (to allow/restrict vacation rentals), Land Tenure (Fee Simple, Leasehold, Leasehold - Fee Available), etc.  We specialize in Wailea condos, Makena Surf, and Kihei condos, as well as Maui beachfront properties, so please contact us with any questions.

Maui Condos - Listed Today

15 Properties Found. Showing Page 1 of 1
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This Large One Bedroom+den/two Bath Condominium...

$1,750,000 (Fee Simple)
Kaanapali, HI
1 br, 2 ba, 1,313 ft² Condominium
Price:
$1,750,000
City:
Kaanapali
Beds:
1
Baths:
2
Type:
Condominium
MLS® #:
360290

This Large One Bedroom+den/two Bath Condominium Is Positioned On The Eleventh Floor In Building 4...

Photo of Listing #360290

Honua Kai Continues To Be One Of The Most Popul...

$1,599,000 (Fee Simple)
Kaanapali, HI
2 br, 2 ba, 1,315 ft² Condominium
Price:
$1,599,000
City:
Kaanapali
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
360276

Honua Kai Continues To Be One Of The Most Popular Resorts On Maui For The Vacationer And Buyer. W...

Photo of Listing #360276

The Whaler Is A Gated Premier Oceanfront Resort...

$1,450,000 (Fee Simple)
Kaanapali, HI
1 br, 2 ba, 905 ft² Condominium
Price:
$1,450,000
City:
Kaanapali
Beds:
1
Baths:
2
Type:
Condominium
MLS® #:
360301

The Whaler Is A Gated Premier Oceanfront Resort Situated In The Heart Of Kaanapali Beach Neighbor...

Photo of Listing #360301

Rare Offering...3 Bedroom, 3 Bath , Two Story, ...

$785,000 (Fee Simple)
Kihei, HI
3 br, 3 ba, 1,484 ft² Condominium
Price:
$785,000
City:
Kihei
Beds:
3
Baths:
3
Type:
Condominium
MLS® #:
360294

Rare Offering...3 Bedroom, 3 Bath , Two Story, Fully Furnished Condominium. Conveniently Located ...

Photo of Listing #360294

Spectacular Beachfront Location Directly On The...

$750,000 (Fee Simple)
Napili/Kahana/Honokowai, HI
1 br, 1 ba, 549 ft² Condominium
Price:
$750,000
City:
Napili/kahana/honokowai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
360283

Spectacular Beachfront Location Directly On The White Sand Beach At Napili Bay. Upgraded And Comp...

Photo of Listing #360283

Spectacular Beachfront Location Directly On The...

$735,000 (Fee Simple)
Napili/Kahana/Honokowai, HI
1 br, 1 ba, 549 ft² Condominium
Price:
$735,000
City:
Napili/kahana/honokowai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
360282

Spectacular Beachfront Location Directly On The White Sand Beach At Napili Bay. Upgraded And Comp...

Photo of Listing #360282

Unit Is Top Floor With Vaulted Ceilings Nice An...

$589,000 (Fee Simple)
Kihei, HI
2 br, 2 ba, 1,188 ft² Condominium
Price:
$589,000
City:
Kihei
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
360312

Unit Is Top Floor With Vaulted Ceilings Nice And Open Feeling. Unit Is Almost All Original So Ne...

Photo of Listing #360312

Makani Sands 205 Has A Spectacular Ocean And Is...

$550,000 (Fee Simple)
Napili/Kahana/Honokowai, HI
1 br, 1 ba, 675 ft² Condominium
Price:
$550,000
City:
Napili/kahana/honokowai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
360306

Makani Sands 205 Has A Spectacular Ocean And Island View From This Beautiful Front Line Condo. Li...

Photo of Listing #360306

Beautiful Well Kept Ground Floor Unit With A Ho...

$497,550 (Fee Simple)
Kihei, HI
2 br, 2 ba, 945 ft² Condominium
Price:
$497,550
City:
Kihei
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
360307

Beautiful Well Kept Ground Floor Unit With A Homey Comfortable Relaxed Atmosphere. Bright & Sunny...

Photo of Listing #360307

Nani Kai Hale Is A Beachfront Complex Located O...

$410,000 (Fee Simple)
Kihei, HI
1 br, 2 ba, 675 ft² Condominium
Price:
$410,000
City:
Kihei
Beds:
1
Baths:
2
Type:
Condominium
MLS® #:
360274

Nani Kai Hale Is A Beachfront Complex Located On Sugar Beach Which Is Miles Of White Sand Beach. ...

Photo of Listing #360274

Tastefully And Totally Renovated Ground Floor U...

$259,000 (Fee Simple)
Kihei, HI
2 br, 1½ ba, 750 ft² Condominium
Price:
$259,000
City:
Kihei
Beds:
2
Baths:
Type:
Condominium
MLS® #:
360288

Tastefully And Totally Renovated Ground Floor Unit. Vacant And Easy To Show. Granite Counter Tops...

Photo of Listing #360288

This Two Bedroom, 1 Bath, Unfurnished, Ground F...

$225,000 (Fee Simple)
Lahaina, HI
2 br, 1 ba, 700 ft² Condominium
Price:
$225,000
City:
Lahaina
Beds:
2
Baths:
1
Type:
Condominium
MLS® #:
360311

This Two Bedroom, 1 Bath, Unfurnished, Ground Floor Unit Is In The Heart Of Lahaina. Easy Walking...

Photo of Listing #360311

Don’t Miss This! Affordable 2 Bedroom, 1 Bath ...

$220,000 (Fee Simple)
Kihei, HI
2 br, 1 ba, 625 ft² Condominium
Price:
$220,000
City:
Kihei
Beds:
2
Baths:
1
Type:
Condominium
MLS® #:
360278

Don’t Miss This! Affordable 2 Bedroom, 1 Bath Ground Floor Unit In The Highly Sought After Keone...

Photo of Listing #360278

This Is The Lowest Priced Kihei Condo For Sale ...

$190,000 (Fee Simple)
Kihei, HI
1 ba, 528 ft² Condominium
Price:
$190,000
City:
Kihei
Baths:
1
Type:
Condominium
MLS® #:
360275

This Is The Lowest Priced Kihei Condo For Sale As Of Listing Date. This May Be Your Last Chance ...

Photo of Listing #360275

Rents Are Increasing. Why Not Pay Less Monthly ...

$99,000 (Leasehold)
Napili/Kahana/Honokowai, HI
2 br, 1 ba, 658 ft² Condominium
Price:
$99,000
City:
Napili/kahana/honokowai
Beds:
2
Baths:
1
Type:
Condominium
MLS® #:
360291

Rents Are Increasing. Why Not Pay Less Monthly Than Rent? 36 Years Left In The Lease. Across The ...

Photo of Listing #360291

Maui Condos For Sale | REO Foreclosure

12 Properties Found. Showing Page 1 of 1
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This Is A Fannie Mae Leasehold Property. Pleas...

$625,000 (Leasehold)
Napili/Kahana/Honokowai, HI
3 br, 2 ba, 1,490 ft² Condominium
Price:
$625,000
City:
Napili/kahana/honokowai
Beds:
3
Baths:
2
Type:
Condominium
MLS® #:
359462

This Is A Fannie Mae Leasehold Property. Please Educate Yourself On The Both The Monthly Mainten...

Photo of Listing #359462

This Is A Great Opportunity To Own A Ground Flo...

$574,500 (Fee Simple)
Kaanapali, HI
2 br, 2 ba, 1,534 ft² Condominium
Price:
$574,500
City:
Kaanapali
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
359121

This Is A Great Opportunity To Own A Ground Floor Unit At Kaanapali Royal. Partial Golf Course Vi...

Photo of Listing #359121

This Is A Fannie Mae Asset. This Asset Has Bee...

$504,900 (Fee Simple)
Wailea/Makena, HI
2 br, 2 ba, 1,056 ft² Condominium
Price:
$504,900
City:
Wailea/makena
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
358735

This Is A Fannie Mae Asset. This Asset Has Been Approved For Both Homepath And Homepath Renovati...

Looking For A Home With The Convenience Of A Co...

$430,000 (Fee Simple)
Napili/Kahana/Honokowai, HI
3 br, 2 ba, 1,094 ft² Condominium
Price:
$430,000
City:
Napili/kahana/honokowai
Beds:
3
Baths:
2
Type:
Condominium
MLS® #:
360058

Looking For A Home With The Convenience Of A Condo? This Second Floor Apartment Is A 3 Bedroom, ...

This Ground Floor, Fannie Mae Property Features...

$240,000 (Fee Simple)
Kihei, HI
2 br, 2 ba, 742 ft² Condominium
Price:
$240,000
City:
Kihei
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
360057

This Ground Floor, Fannie Mae Property Features The Desirable 2 Bedroom, 2 Bath Model In The Comp...

Photo of Listing #360057

This Is A Fannie Mae Asset. Asset Is Approved ...

$232,900 (Fee Simple)
Wailuku, HI
3 br, 2 ba, 917 ft² Condominium
Price:
$232,900
City:
Wailuku
Beds:
3
Baths:
2
Type:
Condominium
MLS® #:
360003

This Is A Fannie Mae Asset. Asset Is Approved For Both Homepath And Homepath Renovation Financin...

Photo of Listing #360003

Just Nine Miles North Of Lahaina Town Your Ocea...

$189,900 (Fee Simple)
Napili/Kahana/Honokowai, HI
1 br, 1 ba, 564 ft² Condominium
Price:
$189,900
City:
Napili/kahana/honokowai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
360189

Just Nine Miles North Of Lahaina Town Your Ocean View Oasis Is Nestled In Napili Ridge On The Sec...

Photo of Listing #360189

Great End Unit With Wrap Around Deck, Panoramic...

$150,000 (Fee Simple)
Molokai, HI
1 br, 1 ba, 681 ft² Condominium
Price:
$150,000
City:
Molokai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
359324

Great End Unit With Wrap Around Deck, Panoramic Views Including The Ocean. Up Graded And Remodel...

This Fannie Mae Property Is Located On The 2nd ...

$149,900 (Fee Simple)
Napili/Kahana/Honokowai, HI
1 br, 1 ba, 530 ft² Condominium
Price:
$149,900
City:
Napili/kahana/honokowai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
360255

This Fannie Mae Property Is Located On The 2nd Floor Of The E-building. Lanai Is On The Back Side...

Photo of Listing #360255

This Fannie Mae Property Is Located On The Grou...

$142,900 (Fee Simple)
Napili/Kahana/Honokowai, HI
1 br, 1 ba, 530 ft² Condominium
Price:
$142,900
City:
Napili/kahana/honokowai
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
360236

This Fannie Mae Property Is Located On The Ground Floor Of The C Building, Away From The Highway....

This Is A Fannie Mae Property. This Asset Off...

$103,000 (Leasehold)
Lahaina, HI
1 br, 1 ba, 542 ft² Condominium
Price:
$103,000
City:
Lahaina
Beds:
1
Baths:
1
Type:
Condominium
MLS® #:
357941

This Is A Fannie Mae Property. This Asset Offers Ground Floor Comforts, Has Been Renovated In T...

Photo of Listing #357941

Great Location Ready To Add Your Own Personal T...

$85,000 (Fee Simple)
Molokai, HI
1 ba, 348 ft² Condominium
Price:
$85,000
City:
Molokai
Baths:
1
Type:
Condominium
MLS® #:
358738

Great Location Ready To Add Your Own Personal Touches. Being Sold "as Is" Unfurnished. Priced T...

Photo of Listing #358738

Maui Condos For Sale

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
907 Properties Found. Showing Page 1 of 38
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Experience The Majestic Surroundings Of One Of ...

$10,250,000 (Fee Simple)
Wailea/Makena, HI
4 br, 4 ba, 4,200 ft² Condominium
Price:
$10,250,000
City:
Wailea/makena
Beds:
4
Baths:
4
Type:
Condominium
MLS® #:
359104

Experience The Majestic Surroundings Of One Of Maui’s Finest Treasures “maluaka Beach” Share In ...

Experience The Majestic Surroundings Of One Of ...

$10,250,000 (Fee Simple)
Wailea/Makena, HI
4 br, 4½ ba, 4,164 ft² Condominium
Price:
$10,250,000
City:
Wailea/makena
Beds:
4
Baths:
Type:
Condominium
MLS® #:
359103

Experience The Majestic Surroundings Of One Of Maui’s Finest Treasures “maluaka Beach” Share In ...

Photo of Listing #359103

Experience The Majestic Surroundings Of One Of ...

$10,250,000 (Fee Simple)
Wailea/Makena, HI
4 br, 4½ ba, 4,164 ft² Condominium
Price:
$10,250,000
City:
Wailea/makena
Beds:
4
Baths:
Type:
Condominium
MLS® #:
359102

Experience The Majestic Surroundings Of One Of Maui’s Finest Treasures “maluaka Beach” Share In ...

Photo of Listing #359102

Experience The Majestic Surroundings Of One Of ...

$9,950,000 (Fee Simple)
Wailea/Makena, HI
4 br, 4½ ba, 4,164 ft² Condominium
Price:
$9,950,000
City:
Wailea/makena
Beds:
4
Baths:
Type:
Condominium
MLS® #:
359101

Experience The Majestic Surroundings Of One Of Maui’s Finest Treasures “maluaka Beach” Share In ...

Photo of Listing #359101

Wailea's Finest! This Luxurious Third Floor 3 ...

$6,900,000 (Fee Simple)
Wailea/Makena, HI
3 br, 3½ ba, 2,934 ft² Condominium
Price:
$6,900,000
City:
Wailea/makena
Beds:
3
Baths:
Type:
Condominium
MLS® #:
358739

Wailea's Finest! This Luxurious Third Floor 3 Bedroom And 3.5 Bath Villa Has Dramatic Ocean View...

Photo of Listing #358739

Best Of The Best! Perfectly Situated 3 Bedroom...

$6,825,000 (Fee Simple)
Wailea/Makena, HI
3 br, 3½ ba, 2,934 ft² Condominium
Price:
$6,825,000
City:
Wailea/makena
Beds:
3
Baths:
Type:
Condominium
MLS® #:
357516

Best Of The Best! Perfectly Situated 3 Bedroom 3.5 Bath Villa Unit With Wrap Around Lanai Featur...

Photo of Listing #357516

Two Penthouse Units Considered By Many To Be Th...

$6,788,000 (Fee Simple)
Wailea/Makena, HI
6 br, 5½ ba, 3,280 ft² Condominium
Price:
$6,788,000
City:
Wailea/makena
Beds:
6
Baths:
Type:
Condominium
MLS® #:
359857

Two Penthouse Units Considered By Many To Be The Finest In Makena Surf. These Two Penthouse Unit...

Photo of Listing #359857

23 Coconut Grove Is The Most Private Of All Uni...

$5,250,000 (Fee Simple)
Kapalua, HI
3 br, 3½ ba, 2,280 ft² Condominium
Price:
$5,250,000
City:
Kapalua
Beds:
3
Baths:
Type:
Condominium
MLS® #:
358553

23 Coconut Grove Is The Most Private Of All Units. This Particular Home Has An Entry Courtyard O...

This Spacious, Three-bedroom, Three-bath Reside...

$5,175,000 (Fee Simple)
Wailea/Makena, HI
3 br, 3 ba, 2,529 ft² Condominium
Price:
$5,175,000
City:
Wailea/makena
Beds:
3
Baths:
3
Type:
Condominium
MLS® #:
358633

This Spacious, Three-bedroom, Three-bath Residence, Ensconced In Hawaii’s Most Exclusive Ocean-fr...

Photo of Listing #358633

Located On Kapalua Bay, Ranked As "america's Be...

$4,995,000 (Fee Simple)
Kapalua, HI
3 br, 3½ ba, 2,280 ft² Condominium
Price:
$4,995,000
City:
Kapalua
Beds:
3
Baths:
Type:
Condominium
MLS® #:
360303

Located On Kapalua Bay, Ranked As "america's Best Beach", Is An Enclave Of 36 Private Homes Nestl...

Photo of Listing #360303

Magnificent Oceanfront Residence Facing West To...

$4,988,000 (Fee Simple)
Wailea/Makena, HI
3 br, 4 ba, 2,554 ft² Condominium
Price:
$4,988,000
City:
Wailea/makena
Beds:
3
Baths:
4
Type:
Condominium
MLS® #:
358542

Magnificent Oceanfront Residence Facing West To Molokini & Lanai Islands. Delightfully Remodeled...

Photo of Listing #358542

Reach Out And Touch The Ocean From This Oceanfr...

$4,700,000 (Fee Simple)
Wailea/Makena, HI
3 br, 5 ba, 2,807 ft² Condominium
Price:
$4,700,000
City:
Wailea/makena
Beds:
3
Baths:
5
Type:
Condominium
MLS® #:
357874

Reach Out And Touch The Ocean From This Oceanfront Townhouse With Unobstructed, Panoramic Views T...

Photo of Listing #357874

Oceanfront Kapalua! Year-round Sunsets With La...

$4,600,000 (Fee Simple)
Kapalua, HI
3 br, 3½ ba, 2,904 ft² Condominium
Price:
$4,600,000
City:
Kapalua
Beds:
3
Baths:
Type:
Condominium
MLS® #:
360169

Oceanfront Kapalua! Year-round Sunsets With Lanai & Molokai Views. This Setting Is Magical With...

Photo of Listing #360169

Wow...one Of The Most Spectacular Oceanfront Se...

$4,495,000 (Fee Simple)
Wailea/Makena, HI
2 br, 2 ba, 1,803 ft² Condominium
Price:
$4,495,000
City:
Wailea/makena
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
358373

Wow...one Of The Most Spectacular Oceanfront Settings At Wailea Point. Year Round Direct Sunset ...

Photo of Listing #358373

Sweeping Panoramic Ocean Views Extend From The ...

$4,450,000 (Fee Simple)
Wailea/Makena, HI
2 br, 4 ba, 2,554 ft² Condominium
Price:
$4,450,000
City:
Wailea/makena
Beds:
2
Baths:
4
Type:
Condominium
MLS® #:
358395

Sweeping Panoramic Ocean Views Extend From The West Maui Mountains To Mt. Haleakala, With Brillia...

Photo of Listing #358395

Located Within The Secluded Enclave Of Sugar Co...

$4,300,000 (Fee Simple)
Spreckelsville/Paia/Kuau, HI
3 br, 3½ ba, 1,890 ft² Condominium
Price:
$4,300,000
City:
Spreckelsville/paia/kuau
Beds:
3
Baths:
Type:
Condominium
MLS® #:
360016

Located Within The Secluded Enclave Of Sugar Cove, This 3-bedroom, 3.5 Bath Townhouse Sits Front...

Photo of Listing #360016

Wailea Beach Villas Is The Ultimate Wailea Dest...

$4,295,000 (Fee Simple)
Wailea/Makena, HI
3 br, 3½ ba, 2,889 ft² Condominium
Price:
$4,295,000
City:
Wailea/makena
Beds:
3
Baths:
Type:
Condominium
MLS® #:
358740

Wailea Beach Villas Is The Ultimate Wailea Destination Resort. This Exclusive Enclave Of Only 98...

Photo of Listing #358740

Escape To Paradise! Quietly Located And Surroun...

$4,200,000 (Fee Simple)
Wailea/Makena, HI
3 br, 3½ ba, 2,889 ft² Condominium
Price:
$4,200,000
City:
Wailea/makena
Beds:
3
Baths:
Type:
Condominium
MLS® #:
358562

Escape To Paradise! Quietly Located And Surrounded By Lush Tropical Landscaping, This Beautifully...

Photo of Listing #358562

Awe Inspiring Ocean Views And Great Privacy. A...

$4,000,000 (Fee Simple)
Wailea/Makena, HI
2 br, 3 ba, 1,584 ft² Condominium
Price:
$4,000,000
City:
Wailea/makena
Beds:
2
Baths:
3
Type:
Condominium
MLS® #:
358691

Awe Inspiring Ocean Views And Great Privacy. Arguably Wailea Point’s Finest Location; Facing Wes...

Stunning Direct Oceanfront Residence. Facing So...

$3,900,000 (Fee Simple)
Wailea/Makena, HI
2 br, 2 ba, 1,558 ft² Condominium
Price:
$3,900,000
City:
Wailea/makena
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
356350

Stunning Direct Oceanfront Residence. Facing Southwest To Molokini Island. Lots Of Sun & Protecte...

Photo of Listing #356350

When It Comes To Ultimate Beach Front Living, L...

$3,850,000 (Fee Simple)
Kaanapali, HI
2 br, 2 ba, 1,676 ft² Condominium
Price:
$3,850,000
City:
Kaanapali
Beds:
2
Baths:
2
Type:
Condominium
MLS® #:
356217

When It Comes To Ultimate Beach Front Living, Location Is Everything And This Home Is Right On Wo...

Photo of Listing #356217

Papali Wailea Is Truly A Unique 24-residential ...

$3,795,000 (Fee Simple)
Wailea/Makena, HI
3 br, 3½ ba, 2,328 ft² Condominium
Price:
$3,795,000
City:
Wailea/makena
Beds:
3
Baths:
Type:
Condominium
MLS® #:
360050

Papali Wailea Is Truly A Unique 24-residential Condominium Project With Exceptional Quality. Thi...

Photo of Listing #360050

Unit #251 Is A Spacious 3 Bedroom/ 3.5 Bath Oce...

$3,750,000 (Fee Simple)
Kaanapali, HI
3 br, 3½ ba, 2,280 ft² Condominium
Price:
$3,750,000
City:
Kaanapali
Beds:
3
Baths:
Type:
Condominium
MLS® #:
354976

Unit #251 Is A Spacious 3 Bedroom/ 3.5 Bath Ocean Front Residence Awaiting Your Ownership. This D...

Photo of Listing #354976

Immerse Your Senses… Experience “moana” -the Oc...

$3,700,000 (Fee Simple)
Wailea/Makena, HI
2 br, 3 ba, 2,128 ft² Condominium
Price:
$3,700,000
City:
Wailea/makena
Beds:
2
Baths:
3
Type:
Condominium
MLS® #:
357865

Immerse Your Senses… Experience “moana” -the Ocean From This Show Stopping Ground Level Residence...

Photo of Listing #357865

FAQ's

I want to rent out my condo as a vacation rental when I'm not on Maui, is that possible?

Absolutely. However, buyers must be aware that each condominium is either zoned to allow short-term rentals (anything under 180 days) or they are not. As such, it is critical that if your objective is to purchase a condominium that may be used as a vacation rental, then the condominium property must be zoned to do permit such use.

How much are property taxes on condos?

Property taxes are assessed at the highest and best use for the property. Condominiums are either zoned as Aparment ($6.40 per every $1K of assessed value) or as Hotel-Resort ($9.40 per every $1K of assessed value). However, for those who own Time Shares, these are taxed at a higher rate ($15.55 per every $1K of assessed value). In addition, for owners who file for the Homeowner's exemption, the first $200K of assessed value is exempt and the remainder is taxed at a lower rate ($2.87 per every $1K of assessed value over the $200K exempt). These tax rates are effective as of July 1st, 2013 and are subject to change in upcoming years - contact us for the most current information.

What is this 'Leasehold' I keep seeing?

Most U.S. residents and Canadians are accustomed to Freehold or Fee Simple ownership, in which a condo owner rightfully owns the unit and a proportionate share in all common elements. However, in Hawaii there is another form of condo ownership known as 'Leasehold', in which the land that the condominium and common elements are built are being leased by the landowner. As such, there is a monthly lease payment, scheduled times to renegotiate, and an expiration date for the lease - if the lease is not renewed, the landowner takes possession of the land and all improvement in what is known as reversion. When considering a leasehold property, it is important to know the lease terms and conditions as that will have a significant impact on future values.

West side versus South side?

The majority of condos on Maui are clustered in West and South Maui, with a few offerings in Central and a couple more on the North Shore and Upcountry. It is completely a personal preference as to which side of the island in which to buy, with each having a repetoire of advantages (and arguably, disadvantages).

Why are maintenance fees so high on Maui? In the mainland, these are so much more affordable.

Although at first glance maintenance fees are high on Maui (can be as low as $100 a month to as high as $10K a month, as proposed for the luxury villas of Andaz Maui at Wailea), these are reflective of the higher cost of doing business in Hawaii and (for the most part) are fair. Keep in mind that each AOAO/HOA is managed  independently and as with all things, not all AOAO leaders are as effective or as fiscally prudent. While some condos like Kamaole Sands enjoy comparatively strong leadership, many other condominiums do not.

I have a pet, are they allowed in Maui condominiums?

Each condominium property has different By-Laws and House Rules which would permit (or not) the allowance of pets. And for those that allow pets, there may be restrictions, such as weight limit on dogs, only allowing indoor cats, not permitting a specific type of animal. Please contact us for a case-by-case analysis.

If I want to buy a condo to use as a vacation rental, can I finance it?

First, properties that are allowed (by zoning and applicable By-Laws) are either a condotel or a non-warrantable - the difference between those two categories based on individual circumstances, such as having an on-site check in desk, etc. There are only a handful of lenders who underwrite mortgages for these types of properties, please contact us for details. And although lending criteria has finally loosen up in 2013 (compared to the restrictive lending of the past few years), buyers for these type of properties must be prepared for a higher downpayment, more stringent qualifications (higher FICO, lower DTI, more reserves), and a higher rate than those of conventional purchases. 

Do I need hurricane or flood insurance?

If the property is finance, the lender may have very specific requirements as to what type(s) of insurance coverage must be in place. There are only a select few insurance carriers that offer flood insurance on Maui, please contact us for details. And although Maui is not hurricane-prone, it is up to each owner (when not required to do so by outside circumstances) as to manage their risk tolerance. 

My insurance agent asked me about it being in a Special Management Area, what does it mean?

In the State of Hawaii, oveseen by the Office of Planning, the SMA is intended to: “provide for the effective management, beneficial use, protection, and development of the coastal zone.” Look at map below for SMA zoning and contact us for details.


Contact

Considering purchasing or selling a condo on Maui? We know the market exceedingly well and can represent your interests diligently and ethically, contact us below.

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