Whether you’re looking to travel more or e to find a beautiful spot to settle down, purchasing real estate on Maui can provide much more than a beautiful island retreat for you and your family. Depending on how much time you want to spend on the island, you can also turn your Maui real estate purchase into a lucrative investment. As is the case in any type of real estate investing, knowing which properties to choose and how to finance them are the first steps in ensuring your long-term real estate investment success. If you’re considering investing in luxury properties on Maui, these three options provide some of the most beautiful properties surrounded by some of the most coveted views anywhere in the world.
According to the US Census, the population in Makena is only 99 people, making it one of the most peaceful and secluded beach towns anywhere on the map. With such a low population, you may think that Makena real estate is a dangerous investment, but that’s simply not the case. Since it’s home to arguably the most beautiful stretch of beach anywhere in the world, the Old Makena Road oceanfront homes are some of the most popular rental properties for tourists.
Situated only four miles away from the Shops at Wailea, homes that overlook the Pacific Ocean at Makena are some of the best when you’re looking for real estate on Maui. Breathtaking blue waters and white sand beaches are only part of the equation when you’re taking in the beauty of Makena as there is also a world-renowned hiking trail that leads to the top of the 360-foot Pu’u Olai’I cinder cone. Tourists flock to Makena for a variety of reasons, making an investment here one of the best choices if you’re considering investing in real estate on Maui.
With a population that is more than three times the size of Makena, Kapalua provides more activities on hand than some of the smaller beach areas found on Maui. Kapalua, which literally means “arms embracing the sea” is surrounded by white sand beaches making Kapalua real estate some of the most sought after in the world. You will also notice that Kapalua provides multiple opportunities for potential investors.
Pineapple Hill is situated on the West Maui Mountain slopes and is in close proximity to the world famous Kapalua Bay golf course. You’ll also enjoy the shopping and fine dining experiences offered at the nearby Kapalua Resort. You may also be intrigued by the investment opportunities found at Mahana Estates. Situated on roughly 125 acres, there are 51 homesites in this exclusive area of Maui. Surrounded by a gated enclave, homebuyers who choose a property at Mahana Estates offer easy access to the amenities of the Kapalua Resort in addition to easy access to the Plantation Golf Course, a favorite among pro and amateur golfers alike.
Finally, Wailea is the most populated option of our three best investment opportunities on Maui. Developed in 1971, Wailea now has a population of just over 6,000. Wailea is famous for its collection of five beaches, but the entire 1,500 acre area is an investor’s dream. With such a large population, there are plenty of options for investors who are looking for homes in Wailea for sale. The entire area is roughly triple the size of Waikiki yet the layout still manages to provide a sense of privacy.
Ocean lovers are drawn to Wailea thanks to the pristine waters that offer a host of snorkeling and swimming opportunities, each of which put you face-to-face with the ocean life that makes Hawaii so special. In addition to Wailea Beach, which was named “America’s Best Beach” in 1999, golf lovers also love Wailea because of the 54 holes that make up The Wailea Blue, Wailea Gold and Wailea Emerald golf courses. Finally, the Wailea Shops provide an incredible collection of shops and world-class restaurants that boast menus that make Wailea a great location for foodies.
If you think that investing in Maui real estate is your next step, you should work with a real estate agent who has established a reputation for getting his clients the best deals on the best properties. Evan Harlow R(S) of Evan Harlow and Coldwell Banker Island Properties is fully committed to making all of his clients’ island dreams come true. Contact Evan today for more information on investing in luxury properties on Maui.