home: Option in Paradise: Timeshare, Fractional, Fee Simple or Leasehold
- 12/07/08 01:11 PM
In this third segment, we'll look at some concepts that are more unique to Hawaii than most other places in the country. Timeshares With timeshares, you own 1-6 weeks per year in a particular unit, and have a right to use the property for that period of time. Many condominiums have a handful of timeshare units; others are exclusively timeshare. Most timeshare management companies allow you to "exchange" these units for those in other vacation spots around the world. I have owned a timeshare in Hawaii since 1983. In my opinion, it has been a great purchase that has allowed my … (0 comments)
home: Options in Paradise: Different kinds of Condos?
- 12/03/08 03:06 AM
Condominiums - Short Term Rentals, Condo-tels For the second installment in this series, we will explore the possibility of having short term rentals in a condo unit in Maui. If you want to be able to rent your condo legally for a period less than 6 months, the property must allow for short-term or vacation rentals. Short-term rental properties can be rented out nightly, weekly or monthly. Rental occupants are charged transient taxes of 11.25%. Units that don't allow short-term rentals tend to have more owner-occupied units and show more pride of ownership. So, if you like getting to know … (0 comments)
home: Options in Paradise: Home or Condo?
- 12/01/08 12:45 PM
I haven't met a single visitor to Maui who doesn't dream of owning a home here at some point. Who can blame them? Our lovely beaches, lush flora, cool trade winds and abundant sunshine are enough to make anyone want a vacation to last forever. There are ways this dream can become a reality. This is the first in an ongoing series called Options in Paradise, where I will offer things to consider when buying your island home in small, digestible segments to ponder over a mai tai. Condominium vs. Single Family Residence CondominiumPros: Don't have to do yardwork, as much … (0 comments)
In this third segment, we'll look at some concepts that are more unique to Hawaii than most other places in the country.
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