Princeville is a wonderful place to live, relax, play, and enjoy the nature of Kauai. In this buyer's market there are now quite a few options for owning a condominium under 450,000. Several of the condo complexes, specifically Sandpiper, Paniolo and Hale Moi allow for a lockout, where an investor can actually have TWO RENTALS for the price of one condo. This usally means an "A" side where there is a one bedroom apartment with full kitchen, and a "B"side that is generally a studio apartment. The studio "B" side has a full bedroom, a bath, and some form of makeshift kitchen with a hot plate, microwave, etc.
Here is the current list of condos under 450,000. This is an area of the market that is affordable, has a good selection of loans, and perhaps the only properties on the North Shore that can CASHFLOW. If you are one of the fortunate people in our country or Canada or anywhere for that matter, that can afford a lovely vacation condo on Kauai, one of these offerings may fit the bill for you.
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