On Maui, creating a Condominium Property Regime (“CPR”) allows a property to be divided into two or more separate units of ownership. This is an incredible opportunity to divide up a property without going through a formal subdivision process which takes much longer, and in many cases can be cost prohibitive. Even though the underlying land […]
Tag Archives: Market insight
Kilohana Ridge: Kihei’s Most Highly Sought After Luxury Commuity
Kihei’s Crown Jewel Kilohana Ridge is one of Kihei’s most desirable neighborhoods for an abundance of reasons. The community is only a street over from Kilohana Waena and Kilohana Hema; similar locations in almost every aspect besides price point and construction. Both Waena and Hema are custom home neighborhoods, while Ridge was developed by Towne Island […]
Wailea and Makena Market Residential Report: July 2013
Market Activity Activity in the Wailea and Makena residential markets for July was essentially non existent, as there were no homes closed in the month. However, a slow month in the market shouldn’t be much to worry about, because the market tends to fluctuate in cyclical patterns. For example, even though there were no closings, there […]