With the continuing struggles of the economy not many investment properties are having any success. Of the many properties we manage at on the Big Island of Hawaii, Kolea at Waikoloa Beach Resort is the only one that seems to be on the rise.
Kolea is a luxury beachfront community offering 2 and 3 bedroom villas. While the property as a whole has seen success, the spacious "front row" three bedroom villas have seen the biggest rise in popularity, which is a bit astouding given that many would think less expensive properties would have more success.
These villas are over 2000 square feet and offer the best views Kolea has to offer. The most popular aspect of these villas is that they all are less than a three minute walk from the Kolea Beach Club, which offers direct beach access. The rates range in price from $475/night to $600/night.
Along with the popularity on the rise of these vacation rentals, the real estate interest is also on the rise. It is the only community at Waikoloa Beach Resort that has currently no extremely low short sales or foreclosures on the market. All of those were picked up over the last year and Kolea seems to now have a more balanced market.
With Kolea being where most of our business is, we look forward to the continue success of the property and look to continue to expand. View our selection of Kolea vacation rentals.
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