We have seen some HUGE price reductions for condos on Maui in the past few months, while maintenance fees went up significantly!
To give you an overview, there are a few variables that determine the amount of the monthly maintenance fees:
- electricity
Some properties, like Mahana, Maui Kai, Kaanapali Shores have central air and thus electricty is included in the maintenance fee. As a result, maintenance fee for a condo at Maui Kai is $735/month and the maintenance fee for a 2bd unit at Kaanapali Shores is $1,242/ month. There are some very good deals on the properties, currently, while a buyer needs to make sure that he/she is able to cover the costs of maintenance fees, every month, no matter what.
If electricity is not included in the maintenance fee, for an oceanfront 1bd condo, with a pool, you can expect a maintenance fee around $600/month.
- swimming pools
Properties that have swimming pools typically have higher maintenance fees than the ones that dont. For instance, maintenance fee at Napili Villas, maintenance fee for a 2bd/2ba unit, with no swimming pool on the property, is $380/month. A similar size unit on a property that features a swimming pool would be around $700/month (electricity would not be included)
- land and landscaping
The more land, the more landscaping one needs and thus higher maintenance fees. Particularly in Hawaii, where everything grows faster:-))
- number of units in the complex
It is fairly obvious that high density condos typically have lower maintenance fees.
Maintenance fees typically also cover costs with water, trash, maintenance of the common areas and insurance.
Check all Maui condos for sale at www.westmauihome.com
This is not a joke, this is what most groceries on Maui sell turkeys for nowadays. Yes, it is cheaper to buy a whole turkey than a hamburger.
If turkeys cost more in your area, all you got to do is fly to Maui:-) They say that airplane tickets between West Coast and Maui are currently around $400/person/roundtrip.
And if you want to buy a house, once you are here, give me a call!
To see all Maui listings, daily updated, check www.westmauihome.com
We were very sorry to hear that Napili Tavern, formerly known as Fish and Poi just closed their doors. This restaurant has been opened for many years, on the premises of Napili Shores.
All I can say is thank you for treating me, my family and my friends with such an amazing food, pleasant atmosphere and great views, for the past few years.
I loved your Blackened Mahimahi with papaya salsa, the spicy chicken rolls and the HAMBURGERS!
This was world class dining at very affordable prices. Appetizers were under $8, while entrees were priced between $14-$20.
I hope you will be back one day!
The concept proposed by Maui developer Everett Dowling covers aproximately 603 acres in Makena and is heavily opposed by individuals that fear environmental consequences, as well as endangering cultural sites. Maui Prince Hotel employees, along with other individuals worried about the state of teh economy, support this project as a strong source of much needed jobs.
To read the whole story, please click on
http://www.mauinews.com/page/content.detail/id/511374.html?nav=10
The president of Save Honolua Coalition, Kahu David Kapaku and Richard Moon, the president of the Honolua Advisory Council, plead for initiation of negotiations between Maui County Council and Maui Land and Pineapple in regards to preserving Honolua Bay and surrounding areas.
There are only two developments in Honolua, both zoned agricul;tural and both regarded as luxurious real estate: The Plantation Estates and Honolua Ridge. There are no developments oceanfront, but there are a few private homes.
Maui Land and Pineapple's initial plans proposed developing another luxurious subdivision, along with a golf course which may have restricted access to Lipoa Point. The local community had a very strong reaction to these plans and two organizations were created: Save Honolua Coalition and Honolua Advisory Council. For the past year and a half these two organizations gathered ideas from the public and presented them to Maui Land and Pineapple, who created a new concept for developing the area around Honolua Bay. In this last plan, Maui Land and Pineapple offers significant acrage in the area, to conservation and preservation, cancels all development plans and requests permission to build a boutique hotel as part of another project, that is still only in books, called Kapalua Mauka.
Please read the letter from the leaders of the two community based organizations to Maui News, explaining their intentions.
http://www.mauinews.com/page/content.detail/id/510847.html?nav=18
I love the West Side!
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As your personal resort and custom homes specialist your expectations will not only be met, they will be exceeded. Living and doing business in West Maui assures you of my expertise in this area.
Your Resort Condo Specialist
As a real estate investor herself, Mihaela knows what it means to go through buying or selling real estate; her expertise in real estate does not come only from schooling, but also from real life experience! Real Estate is a family business, since David Stoops is a reknown custom home builder in West Maui.
With the experience and knowledge of a licensed real estate broker, a bachelor's degree in Economics and a master's degree in European affairs, Mihaela is trained to understand your financial concerns related to purchasing or selling a real estate investment and she is able to negotiate the best contractual terms.
Having studied and participated at a number of seminars on marketing techniques enables your resort condo specialist to design a customized marketing plan that will ensure maximum exposure for your property and thus reaching your financial goals.
With a significant number of Canadian and international clientele, Mihaela's language skills come into play: she fluently speaks French and Spanish.
Mihaela strongly believes in education, as a tool to achieve higher business standards. Mihaela has been a member of the Education Committee at Maui Association of Realtors and she has organized many free training classes for realtors in West Maui.
Your resort condo specialist strongly believes that we all have to be active members of our community and we should help each other. Mihaela supports West Maui Schools with financial contributions and many hours of voluntary work.
Accredited Buyer's Representative- this is a special certification, requiring extensive training and sales performance in order to better assist buyers of real estate.
Resort Condo Specialist- Majority of Mihaela's transactions focus on condo sales for off island investors.
Custom Homes Sales- As she is always joking, Mihaela is really "married to real estate". David Stoops is a reknown custom home builder in West Maui and a great resource for Mihaela's clients.
Long term or short term investment
"I am very glad to have you as our Realtor. Out of all the ones I knew you were the most kind and caring. You did not push us to do anything. You gave us the facts and let us make an informed decision. Your wealth of information is so valuable because I know that you really find out the correct answer you do not give something off the top of your head. I will always continue to keep your cards in my purse so that if someone needs a Realtor I can with utmost confidence recommend you." Gail Michalek, Lahaina, Hawaii
Our family loved working with Mihaela. She was more interested finding the home purchased was right for you. She put that thought before i need to make a sale . Her patience was appreciated. Jewel B, Mount Prospect, Illinois
From start to finish in our transaction, the professionalism, kindness and attention to detail that Mihaela showed me and my family is priceless. She went over and above the norm to assure all was handled properly and professionally, and became a good friend in the process!G. Kennedy, Chicago, Illinois
Mihaela Stoops is a star in my book. She guided me through the process of selling my condo and finding my new home in a very flat real estate market. She was tireless in looking for ways to attract buyers and wasn't afraid to look for options that would suit my needs. I am now living and loving my new home. Thanks Mihaela!!Doris A. Casey, Lahaina, Hawaii
This is Caroline M. from Grand Junction, Colorado. My husband and I are are so thankful that we had the pleasure of meeting you last September in Maui. You made our visit very special. You were able to show us some real estate that made us know that our dream of moving to Maui will one day become a reality. We so look forward to meeting with you soon to research more of the Maui real estate market. Please keep the emails coming as they are extremely helpful in our search. Caroline M, Grand Junction, Colorado
If you are considering buying property on Maui, then you must consider Mihaela Stoops as your realtor.When we were looking for an agent to represent us as buyers from the Mainland, Mihaela quickly stood out as someone whose intelligence, tenacity, and professionalism would help us achieve our goal of owning a home on Maui.Mihaela went out of her way to provide superb customer service from the moment we met her, from generously answering our multitude of questions and researching obscure real estate facts, to graciously handling our late night and early morning phone calls, to hanging in there with us in what ended up being a complicated and sometimes emotional transaction (due to issues on the seller's side). She was incredibly thorough and hard-working, always followed up with prompt status updates, and did everything she possibly could to make things easy for us, which we truly appreciated. And, when all was said and done, in addition to ending up with our dream home on Maui, we ended up with someone who we are proud to call our friend.We recommend Mihaela with high marks to anyone who is considering buying or selling a home on Maui. She is truly the best!Kim B., San Francisco, CA
I highly recommend Mihaela Stoops to anyone looking for a Real Estate agent. She made my complicated transaction easy, and was full of get advice. Mihaela proved to be an intellectual problem solver from start to finish.
Westley Wendler, California
I have been fortunate to have had the opportunity to work with Mihaela Stoops on a couple of different occasions. In the course of my 16 years of working in the real estate industry I have worked with thousands of real estate agents and Mihaela is the exception to the rule when it comes to work ethics and professionalism. Mihaela's goes beyond the call of duty when it comes to her follow up and the care she takes with all of her clients. I look forward to working with Mihaela in the future. What a pleasure!
Denise Price, Regional President Granite Exchange Svc's Inc.
Mihaela Stoops is a compassionate Maui Realtor possessing tenacious dedication to positive outcome. She was the perfect guide for me when it came time to move out of my home and sell my house. Progressing at MY pace, Mihaela facilitated the process respectfully and effectively. Mahalo nui loa!
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