Two villas are now available for purchase and one is available for your vacation rental at very attractive prices at the Beach Villas at Ko Olina, a luxury beachfront resort and residences. As you may recall, all of the villas at the Beach Villas at Ko Olina were sold at a final sales event in May at prices that were reduced around 50%. Two villas have become available because the buyers were not able to complete their purchase, so their loss is your gain. I have attached photos, they are primo units looking up the coastline towards Makaha. The … (0 comments)
ko olina beach resort: Beach Villas at Ko Olina Oahu Rentals - You Purchased Your Villa, Now What? - Visitor Marketing and Reservations.
- 05/21/09 03:23 PM
How do we get Heads in Beds? It takes marketing my friends .... 24 hours a day, 7 days a week working continuously to get the word out about our beautiful slice of paradise, The Beach Villas on Honu Lagoon, Ko Olina, Oahu Hawaii Once we have captured a potential guests interest, we need to follow up quickly with high quality photos, videos, panorama shots, maps and other information to makes the guest comfortable that we are the best fit for their vacation accommodations. Once the guest has reserved, a little pre arrival pampering is in order along with the appropriate … (0 comments)
ko olina beach resort: Pulte Homes agrees to buy Centex in $1.3B deal
- 04/08/09 05:17 AM
Pulte Homes agrees to buy Centex in $1.3B deal. Just announced this morning. I received a heads up from a fellow Beach Villa's homeowner who reads my blog. Thanks! The deal is supposed to close in the third quarter of 2009. Interesting, as the big sales event to sell the rest of the Beach Villas at Ko Olina happens on June 6th & 7th, right on the cusp between second and third quarters. It will be interesting to see how this play's out for current and future homeowners. As you may or may not know, as homeowners all we own is … (7 comments)
ko olina beach resort: Beach Villa's at Ko Olina, Three Bedroom Condo Availability at the June 2009 Price Reduction Sales Event.
- 03/07/09 07:05 PM
I walked the entire property with a client today who is shopping for a three bedroom villa. A good question to ask is what might be available by the time it's your turn to pick if you sent in your deposit today. With 100+ reservation deposits in for an available 123 units, the pickings get slimmer as each day passes. After the touring around, I conclude that the best selection is going to be right at the $1,200,000.00 price point. At this level, you will be purchasing villas that were going for around $2,200,000.00 and these villas have some of the … (4 comments)
ko olina beach resort: Disney Ko Olina work continues, see photo
- 03/06/09 10:20 AM
A realtor mentioned that they thought construction had halted at the Disney Resort in Ko Olina. Well as I have observed with my own eyes, (see below photo) and the news article, I don't believe that this is the case. As reported by NBC WPTV channel 5 today: Preliminary site work is underway at Walt Disney Parks and Resorts first family destination resort in Hawaii. The company says they were establishing where the foundations will be placed and laying the underground utilities at Ko Olina. The twenty-one acre oceanfront resort is scheduled to open in 2011.The Disney resort is to include 350 traditional hotel … (0 comments)
ko olina beach resort: Centex Destination Properties Hawaii, Read the fine print in the Press Release
- 03/01/09 12:30 PM
Centex sent out a press release on Feb 26th, 2009 announcing their final sales event at the Beach Villa's at Ko Olina to the general public. Note the fine print: Editor's notes: Please note that Centex reserves the right to (i) cancel, modify or postpone the Sales Event, (ii) continue to sell villas prior to the Sales Event, (iii) adjust the villa inventory and prices available at the Sales Event, and (iv) to provide priority reservations for current villa owners, Centex employees and others. This does not constitute an offer in any state where prior registration is required. Project Broker- Centex … (0 comments)
ko olina beach resort: Baby Boomers and Mexico: Ah, It's good to be in Paradise Hawaii USA
- 03/01/09 09:56 AM
Today's Dallas Morning News was touting Mexico as being a great place for baby boomer migration. Before I purchased at the Beach Villas, we also looked long and hard at Mexico as one of our options. So what made us choose Hawaii? 1 - It is the United States of America. 2 - No other place in the world is like Hawaii, not just the physical part like the beaches but the people and the "Aloha" spirit that is shared with visitors and residents alike. 3 - The ongoing drug violence in Mexico – more than 6,200 people killed last … (2 comments)
ko olina beach resort: Why is Centex Holding a "Fire Sale" on the Remaining Villas at the Beach Villas at Ko Olina, Oahu, Hawaii?
- 02/19/09 01:56 AM
Well the obvious answer is that the economy is down, no one is spending money and that unfortunately for Centex their build/sell cycle was about one - two years too late. A fellow homeowner friend who works in the financial markets came up with a techincal answer which was really interesting so I thought I would share: 24 jan: Centex 3rd quarter orders down 80%. Probably caused a breach of their covenant on their credit facility stipulating a minimum tangible net worth. Net worth fell to 2,037m down from 4,259.87 a year earlier. 29th Jan: reduces credit facility from $1.35b to … (1 comments)
ko olina beach resort: Are the Homeowners Association Dues (HOA) at the Beach Villas at Ko Olina high?
- 02/18/09 05:44 AM
At first glance, the answer would be yes. To me, the HOA dues are high, I have a hard time accepting them, (this is my first time of purchasing at a resort). So I decided to do a little research: Believe it or not, compared to other places, they're not so bad. The HOA fees at Wailea Beach Villa's are around $3,500.00 per month, more than double the fees here. (Their villas are larger). Look at the Ritz Carlton Kapalua, ---------------------------------------------- Ritz Carlton Kapalua * 1 Bd-Average cost/yr (COA, taxes, insurance, FF&E=$4,119/mo): $49,428 * 2 Bd-Average cost/yr (COA, taxes, insurance, … (1 comments)
ko olina beach resort: Hotels are Businesses Too
- 02/17/09 12:58 PM
The backlash from companies holding expensive junkets and conventions while receiving federal bail out money is taking it's toll on hotel revenue as groups cancel their conventions in droves.Wall Street Journal ArticleThe interesting point made here is that "Hotels are Businesses Too". All of these cancellations are going to take their toll on the employees who will be laid off as hoteliers try to decrease their overhead as their revenue numbers decline.The silver lining for us homeowners at the Beach Villas at Ko Olina (who rent out our villas) is that we were never setup for conventions and groups so we … (1 comments)
ko olina beach resort: The New Target is now open in Kapolei! The lines and parking are crazy.
- 02/12/09 02:44 PM
Target Kapolei Telephone #: (808) 457-3679 The new Target at the Kapolei Commons Shopping Center has opened. They started hiring employees about a month ago. They plan on hiring up to 1,200 people for this location and the Salt Lake location. People camped out overnight to be in line for the jobs. The new Target is located one exit down from the Ko Olina exit where the Ko Olina Beach Resort is located. About a five minute drive. It is going to be so convenient, great for all of the new Beach Villas Resort home purchasers if they are lucky … (2 comments)
ko olina beach resort: The New Kapolei Costco is Open!
- 02/12/09 12:11 PM
Costco Kapolei Telephone #: (808) 674-3900 The Costco in Kapolei has opened! It is built on 17.75 acres and the warehouse is 159,019 sf. A gas station is also here. At full build out they will employ 200 - 300 associates. 50 employees have transfered over from the Waipio location to get things going. The great thing is that the new Costco is only one exit down from Ko Olina. About a five minute drive, it is right across the street from The Home Depot. If you don't have a Costco Warehouse membership, it is worth the money. I think … (0 comments)
ko olina beach resort: With the soft economy, is now the right time to purchase real estate at the Beach Villas at Ko Olina?
- 02/10/09 01:37 AM
Tuesday, February 10th, 2009 A client asked me this question yesterday, I thought I would post my response in case it might help others. In my first post I mentioned that the Centex will be lowering their prices 25% - 35% or more from their last published price at the final sales even on June 6th - 7th. Their goal is to sell 100% of the remaining villas, (about half, or 125 villas) and are planning to lower their prices enough to achieve this goal. We'll see. Hi J,Here are my thoughts: (Sorry for the long email again, it's just what … (0 comments)
ko olina beach resort: Beach Villas at Ko Olina, Final Sales Event
- 02/09/09 04:52 PM
News Flash - February 1st, 2009 The property developer of the Beach Villas at Ko Olina has announced that they will liquidate, sell at deep discount, clearance out, fire sale, what ever you wish to call it, all remaining villas at the Ko Olina Beach Resort at a final sales event on June 6th & 7th. Rather than sell a few units each month, Centex Corporate has decided that their Centex Destination Properties division is to sell off all remaining units at low enough prices to move 100% of their remaining villas. The discounts will be significant, the minimum original … (0 comments)
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