Honua Kai was ranked #3 in Maui by expedia.
So, are you going to exceed 75% occupancy year around? Probably not. Just like any other destination in the world Maui has a high season and a shoulder season. You may be as much as 100% occupancy in February when itâ€™s cold on the mainland and the whales are splashing around in the channel between Maui and Molokai. You should also get high occupancy in the summer when the kids are out of school and families are on vacation.
During the shoulder seasons, spring and fall, your occupancy and everyone elseâ€™s will be lower. Does that mean 60% or some other number? It changes every season, but Maui vacation rental market is getting stronger every year it seems since â€™08.
Before you buy at Honua Kai or anywhere else, you will also want to know how the rental programs work and how they differ from one management company to the next. Of course, we can help by giving some general rules making introductions and guiding you through that critical process.
We are not property managers, but if you would like a list management companies, just let me know. Also, if you would like to know what is for sale and which units I think are best potential rentals, let me know that as well.
You might also be interested in http://alohapotts.com/Honua_Kai.html and http://activerain.com/blogsview/2348229/honua-kai-reduces-prices.
Lee Potts, Realtor Broker, MBA, ABR, CDPE
The Aloha Potts Team
Aloha Realty Group
The smarter we work, the luckier you get.
Do you know someone who is falling behind on their mortgage payments? As a CDPE I can help.
Aloha Lee Maui News
Find us on Facebook
180 Dickenson St. #217
Lahaina, HI 96761
Thank you for your inquiry on Honua Kai. The location is one of the best on the island, and it's the first whole ownership opportunity in the Ka'anapali resort area in 20 years. Ka'anapali is well known for its almost always sunny weather and its close proximity to all amenities - golf, beach activities, shopping, and restaurants. There is also a beach walk now connecting the North Beach properties to the Ka'anapali properties south of Black Rock (which include The Whaler, Ka'anapali Alii, and Whaler's Village).
No one can guarantee future rental income, but this area has proven itself to be a highly sought after destination with guests returning year after year. Depending on the size of the condo you are looking for and the location within the complex, I recommend obtaining a rental income history for a comparable unit.
Guests tend to pick properties depending on what area of the island they prefer. So Honua Kai's stiffest competition will be from some of the other Ka'anapali area properties, specifically those catering to a high-end clientele and offering resort-style amenities on property. This would include The Whaler and Ka'anapali Alii. The Whaler has just gone through an extensive renovation and the Alii has always attracted well-heeled owners and guests. What sets Honua Kai apart, and what some people will prefer, is it's more remote location away from the constant activity near the Whaler's Village area. It will really come down to what individual travelers prefer for their vacation, but Ka'anapali itself has definitely proven to be a top choice year after year.
If you have further questions regarding rental income, property management, or anything else Honua Kai/Maui real estate related, I am happy to be of service to you. Thank you again for your interest.
Jennifer McCoy R(S), SFR
MAUI SHOWCASE PROPERTIES
The location of Honua Kai is very nice- it sits on Kaanapali North Beach which is a gorgeous white sand beach with beautiful coral reefs about 20 feet from shore (see below video in one of my blogs). Honua Kai is very spread out as it sits on a very large parcel of land whereas competing condos say at the Whaler or Kaanapali Ali'i are much more compact. You do get a little more wind on Kaanapali North Beach than the south beach. There are trade-offs between the two locations- but overall I would rate it as excellent.
Because Honua Kai is a newer resort- one of the towers completed in 2008 (Hokulani) and Konea in 2009 they are not at 75% yet, but I strongly believe they will be shortly and will in fact exceed this number. They were running at 94% occupancy earlier this year and their goal is to exceed 70% average occupancy for the year. Kaanapali Shores- the closest resort to the resort is doing about 80-85% on average and is not nearly as nice.
I have written 5 different blogs on the Honua Kai Resort and will continue to do so because I see tremendous value in this Kaanapali beachfront resort. I do not work for the developer but I know the project well and I am here at your service.
Here is my latest blog on the Honua Kai Resort. http://www.hawaiilife.com/articles/2011/06/honua-kai-resort-
Here is my general blog on the Honua Kai Resort with aerial photographs, video, and tons of information. http://www.hawaiilife.com/articles/2011/04/honua-kai-resort/
See all the new pricing and access to all the inventory here in this other blog. http://www.hawaiilife.com/articles/2011/06/price-reductions-
Read about the best two bedroom units in my video blog: http://www.hawaiilife.com/articles/2011/06/honua-kai-resort-
Read all about the best one bedroom deals in my video blog: http://www.hawaiilife.com/articles/2011/06/price-reductions-
I am here at your service. I have tons of photos of the resort and am going to be posting new aerial shots of the resort in the next week that should be stunning. I can provide you with detailed insight, analysis, and provide you with the best deals in the fantastic Kaanpaali Resort Condominium.
How can I be of further assistance to you Cayers?
Jeremy Stice R(S)
Hawaii Life Real Estate Brokers