Property Q&A in Lahaina>Question Details

Vickie McPike, Home Buyer in Portland, OR

What development is this part of? Is it leasehold or fee simple?

Asked by Vickie McPike, Portland, OR Tue Jan 24, 2012

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6
Aloha Vickie!
This unit is a Leasehold condo within the Papakea Resort complex. I have seen the inside of this unit before, it is on the 2nd floor and overlooks the miniature putting green and pool area approximately 100 feet from the ocean : ) The vacation rentals within this complex do very well, onsite front desk, activity desk, housekeeping, maintenance team, tennis counts and tons of parking. Hope this information helps! Feel free to reach out to me if you have any questions I would love to help.
Mahalo,
Ciara Quam RS
Quam Properties Hawaii, INC.
(808) 298-7719
http://www.CiaraQuam.com
Ciara@quamproperties.com
0 votes Thank Flag Link Mon Jul 16, 2012
I have a listed Fee Simple Studio condo with an Ocean View. If you would like more info please contact me. http://www.trulia.com/property/3089357643-3708-Lower-Honoapi…
0 votes Thank Flag Link Mon Jul 16, 2012
I have an unlisted Fee Simple studio apartment with oceanview and pretty good rental income. If you would like more information, please let me know.
0 votes Thank Flag Link Mon Jul 16, 2012
Aloha Vickie,

I am glad you reached out for help. I vacation in Portland Oregon as we have family there.

I'd be delighted to assist you.
The property you asked about is a leasehold property with a monthly lease rent in the amount of $125 and a monthly maintenance fee of $948.48

Another factor to consider is that this specific listing is a Sort Sale Property.

Please contact me directly so I can explain to you in detail what a short sale property is and what it takes to purchase one.

TMK: 2440010550230
Address Lot/Unit: G206
Waterfront Type: BeachFront
View Type: Ocean
Land SqFt: 534917
Property Status: ACTIVE
Single Family Type: Condominium
Building Name: Papakea Resort I II
Monthly Maint Fee: 948.48
Ownership Type: Condo

Howard Dinits RB
RE/MAX Resort Realty
Direct 808-874-0600
Toll Free 877-434-6487
fax 877-334-6487
http://www.EasyMauiRealEstate.com
http://www.facebook.com/howard.dinits

Each of us has a personal calling that's as unique as a fingerprint and that the best way to succeed is to discover what you Love to do and then offer it up in the form of service. I Love what I do. Please let me know if you hear of someone Buying or Selling Real Estate in Hawaii
0 votes Thank Flag Link Wed Jan 25, 2012
The unit is in the Papakea Resort and is a leasehold property. The current lease is renegotiated 1/1/14 and it expires on 1/1/41. I hope this helps.
0 votes Thank Flag Link Tue Jan 24, 2012
Aloha Vickie,
These Property is located in Honokowai at the Aston Papakea. It is Leasehold, all units within the complex are individually owned and vary between Fee-simple and Leasehold. I hope this answered your question! Feel free to contact me if you have any questions about Real estate on Maui.

Aloha & Mahalo,
Ciara Quam RS
Quam Properties Hawaii, INC.
808 298-7719
Ciara@quamproperties.com
0 votes Thank Flag Link Tue Jan 24, 2012
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