For many of us, owning a property on a tropical island with views of the ocean, swaying palm trees, and warm breezes is the stuff of dreams. The goal of owning a vacation house in Hawaii is being realized by buyers, which is driving up demand for island real estate. "The pandemic caused many people to hit 'pause' and take stock of what was important to them, from careers to remote work and spending time with family," says Rob Kildow, director of home sales at Hualālai Realty on the Big Island. People are still actively searching for their ideal house in Hawaii and have been looking for safe harbor."
Hawaii's real estate market is in phrazle high demand, with a large supply gap. According to statistics from Vacasa, more and more individuals who want holiday homes are even buying them without ever seeing them. Because homes are selling so rapidly, buyers are depending on their agent's evaluation of the property in addition to internet resources.
In Hawaii, vacation houses may be found in resorts, gated communities, multi-acre estates, single-family homes, and condominium complexes. Vacation houses are available on the islands of OŻahu, Maui, Kauaʻi, Hawaiʻi, and Lanaʻi, however there are significant differences in terms of availability, cost, style, and facilities. Every island has a variety of microclimates, from lush and green to arid and desert-like. Because of this, realtors on the other islands that specialize in specifics like rainfall, weather, and things to look out for while buying property are employed by Donna Hansen of Hansen Ohana - Maui Luxury Real Estate. "Living in Hawaii is a luxury in itself," she said in response to a question about opulent vacation houses in Hawaii.
Timbers Kauaʻi is a luxury resort on the south coast of the island featuring beachfront homes, a championship golf course, and on-site farm for farm-to-table cooking and luxurious facilities. According to T+L, Chris Burden, the Timbers' chief development officer, "closings in 2021 doubled year over year."
Set on 1,000 acres, KukuiŻula, also on the south beach, has golf, vistas of the ocean, plantation-style buildings, and "barefoot luxury." Representatives for Kukui'ula claim that during the previous year, prices had increased by at least 30%. Some potential homeowners have constructed on available home plots when they are unable to locate the house they desire. In the near future, Kukui'ula intends to introduce a new community to the market.