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Buying Bargain Kona Hawaii Vacation Homes

Home prices in Kailua-Kona Hawaii, like many other places have seen substantial decreases since the market peak in late 2007. Recent market data in Kailua-Kona, HI has shown prices remaining flat but the number of homes and condominiums sold, increasing. Rather than going into the old "there's never been a better time to buy" pitch, I am going to point to a real estate market niche that is performing extremely well through these difficult times. I am referring to the vacation home rental market in Kailua-Kona , Hawaii.
Vacation home rentals have become very popular across the country. Web sites like VRBO.com, and Homeaway.com which provide an advertising platform for vacation home rental owners, have exploded in popularity in recent years. As vacation accommodations, the appeal is to families or groups of friends that are traveling together and want to avoid the incredible expense of renting multiple hotel rooms or a large multi-room suite. Vacation homes are fully furnished and ready for occupancy, just bring your suitcase. Many of these homes, especially in Hawaii have private pools, upscale furnishings and spectacular settings. The appeal to buyers interested in investment property is not only the far superior income potential versus a long term rental or the future appreciation; its also the benefit of having a fully furnished , well maintained vacation home for you, your family and friends enjoyment. Vacation home rental bookings in Kailua-Kona Hawaii are near all time highs despite, or possibly because of the sluggish economy.
Why is Kailua-Kona the best place to own a vacation home rental? The two most important variables to an owner are nightly rate and occupancy percentage. You want your home to fetch the highest nightly rate, coupled with the maximum possible number of nights rented. In Kailua-Kona, the weather is beautiful year round and while the Winter months are the busiest, the rest of the year does not see a substantial drop in visitor numbers. I do not believe that there is a place in the United States that has as a year round vacation rental market as strong as Hawaii. When you consider the possibility of 80%+ year round occupancy rates and the bargain prices homes are selling for, buying a vacation home rental in Kailua-Kona could be a very smart investment.
Just like any other investment, buying a vacation home in Kailua-Kona requires some research. You need to find out what renters are look for when seeking vacation accommodations. What the difference is between a vacation rental that is occupied 50% of the time versus a rental with 80%+ occupancy? Where are the most popular locations and what are the most sought after amenities. There is a formula for success and there are features that your vacation home MUST have to achieve high year round occupancy and profitability.
Fortunately, I have owned and sold many, high producing vacation rentals and would be happy to discuss this segment of the Kailua-Kona real estate market with you. Contact me at (808) 345-5085 or Konaconnection@gmail.com
Here is one of my top producing vacation home rentals.
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Kailua-Kona Neighborhood Video Tour - Kahakai Estates
The Kahakai Estates gated subdivision in Kailua-Kona is one of the most beautiful neighborhoods in the area. This
master planned, award winning community was developed by Stanford Carr LLC in a spectacular hillside setting over looking the Kona Coast. Driving through the gates you are greeted by 180 degree ocean views, tree lined streets with art deco street lamps and meandering sidewalks. This truly is one of my favorite neighborhoods in Kailua-Kona, not only because I own a home here, but the experience of living in the Kahakai Estates has been wonderful.
The top 1/2 of the Kahakai Estates has 1 acre lots with custom built homes, many with amazing panoramic ocean views. The lower 1/2 of the subdivision consists of developer built homes with four different floorplans from 1500 to 2200 square feet and 1/2 acre minimum lot sizes. The Kahakai Estates has a 3.3 acre private park that is great for a game of soccer or throwing your dog his favorite ball. Landscaped sidewalks meander throughout the neighborhood making it a great place to take a nice scenic walk.
The Kahakai Estates is one of the newer Kailua-Kona neighborhoods, having been completed in 2003. Homes in this neighborhood were built in the plantation style with board and batten siding and double pitched, hipped roofs, giving them a tropical look. The gates keep the neighborhood very quiet with little road noise, which makes for a good nights sleep. Perfectly located a mile from downtown Kailua-Kona, the Kahakai Estates could be just what you are looking for in your Hawaiian home.
If you would like more information about homes or lots for sale in the Kahakai Estates in Kailua-Kona, HI, contact Rich Bosselmann at (808) 345-5085 or Richbosselmann@gmail.com
Search current home listings in the Kahakai Estates
Watch my Kona neighborhood video tour of the Kahakai Estates
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Let's Take a Trip to Kona- Stay in My Luxury Kona Vacation Home
It's been a rough few years for most of us. Why not take a trip to Kailua-kona on the Big Island of Hawaii and stay in my beautiful 3 bedroom 2 bath Kona vacation home? The setting is unreal, over 1/2 acre of tropically landscaped paradise with a private solar heated pool overlooking the Kona Coast in a quiet gated neighborhood. Just show up with your bags and swimsuit and you will be good to go. Of course, a rental car to take you up Mt. Hualalai for a drive through Kona Coffee country is a must. And since you are already in one of the most remote places in the world according to geography experts at this vacation home in Kona, head down the street to stunning Keauhou Bay and jump on the fairwinds snorkel cruise for trip down the Kona Coast and a dip in historic Kalakekua Bay where Captain Cook was killed by the Hawaiian natives. That, is another interesting story that the Fairwinds staff will be happy to tell over a delicious lunch of barbecued hamburgers hot dogs and other goodies on board their incredible catamaran.
Hawaii, especially Kailua-Kona, HI, has a tendency to make the mind wander off... Back to my luxury vacation home in Kona. This three bedroom two bath beauty has furnishings from throughout the Pacific, wireless Internet, a fully equipped kitchen, central air conditioning if you want it, however, I believe the weather in Kona is perfect just the way it is. Of course, there are ceiling fans in all the rooms which do a great job of supplimenting the tropical ocean breezes. Bring your binoculars if you are there from December to April to watch the humpback whales from the poolside deck, that take their annual trip from Alaska, to the calm warm tropical waters of Kona for their vacation. Whales love paradise too. Here are more pictures and in formation on my luxury Kona vacation home for rent. Rates start at $225/nt. Sleeps 6+. 


See another spectacular Kailua-Kona Vacation Home Here.
For the ultimate in barefoot luxury, Kona style see this Kailua-Kona vacation rental.
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