Why You Should Consider Investing In Hawaiian Real Estate
1. UNIQUENESS. Of all the places to stay in the world there is only one truly unique Hawaii. To own property in the Hawaiian Islands is like owning property in Paradise. 2. SAFETY. Hawaii is part of the United States and has all its amenities, currency, type of government, communication and Internet Services.
3. LIMITED SUPPLY. There is a limited supply of land on the Islands, and the only area where there is still some land available is on the East side of the Big Island in about 6 subdivions. 4. CAPITAL APPRECIATION. A house bought in the Hove subdivision in the year 2000 for about $50,000 is worth about $250,000 today, an increase of 500% in 7 years time. 5. LOW COST HOUSING. Yes, low cost housing. We can build you a 3 bedroom, 1500 sq ft 2 bath, 2 car garage house on one acre with an Ocean View for $299,000. With an in-ground Lap Swimming Pool for $327,000. One hour drive from Kona and an hour and a half drive from Hilo in an up and growing subdivision called HOVE. Same price without the view if you want to be close to Hilo. 6. GROWTH. Puna, the area in which the subdivisions are located, is the fastest growing area in Hawaii. Have you ever been to Hawaii? It truly is Paradise. Moist, luscious air hits you the moment you get off the plane. Orchids are growing on the side of the road and the Ocean beckons from virtually anywhere. There are 13 different climates on the Island of Hawaii, ranging from snow on the Mountains to desert in the interior. Of all the Hawaiian Islands there is only one Hawaiian Island left where you can still buy real estate at a reasonable price. And that is on the East side of the Big Island also called Hawaii. The West side is already twice as expensive as the East side and is not as attractive by far. As a matter of fact some real estate on this Island will cost you less than a cottage in California or a one bedroom condo in New York and will cost you less than a house in Calgary, Alberta, . The Puna area of The Big Island is the last area of the Hawaiian Islands where you can still own Real Estate at a decent price. Compare that price with living anywhere else on the Planet considering the neighborhood. There are approximately 6 subdivisions left where you can still buy Real Estate at a reasonable price. But these subdivisions will all be sold out within the next 5 years and will be out of reach forever. Cost of living on the Big Island. Food Within 20 miles of Hilo there are at least 5 Farmers Markets where you can buy anything from locally grown organic produce to Tarot Readings and secondhand household goods to 30 different types of Orchids. Prices are very reasonable. Gasoline & Car Maintenance Gasoline on average costs 10 cents more per gallon than anywhere else on the Mainland. It is not that important because the average round trip to Hilo is 25 miles or less. There are Major Car Dealerships for just about any make car in Hilo and prices are fair. Taxes There is a 4% Sales Tax. Property Taxes are very low if you are a resident and low if you are a non-resident. Clothes You can buy a pair of board shorts for $5. Your total outfit would probably run to $25.- There is a Ross store on the island as well as Sears and Macy's, Office Depot, Safeway, Walmart and Costco (In Kona). Utilities Cable and Electricity are available in about 50% of the subdivisions. An alternative of course is Satellite TV which is available anywhere and DSL which is available in most places. Prices are about the same as on the Mainland. Power is not cheap. Hawaii has one of the most expensive power rates in the USA because most power is generated from Coal which has to be imported. Medical Care Kaiser Permanente offers one of the lowest priced plans in the nation. Social Life on the Big Island There are more things to do in and around the Hilo area than you can imagine. Movie Theatres, Museums, and Art Shops will delight and entertain you. There is the University of Hawaii and the Zoo. Just about every week there are Festivals celebrating such things as Slack Key Guitar, the Honolulu Opera, Orchid Exhibitions and the Hula and Kamehameha events. Some Big Island of Hawaii Real Estate prices are still affordable. Building Contractors who made a lot of money 2 years ago are now looking for work. As a result they'll build a house for less than you can buy an existing house for. They are willing to build houses for our Clients at greatly reduced costs. And we pass the savings on to you. Give us a call or email us and we will give you a selection of available land suitable to build your house on. We will then give you a choice of different house designs. At that point in time you should make a trip to Hawaii to pick out your property. We'll tell you how. email us at lazytrader@earthlink.net Or call us at: 808-965-1585 |
