We hope this would be obvious, but one of our favorite reasons is simple: This Is Paradise!!! We have plenty of other reasons in case you're not sold there, such as how affordable the price of property and houses are, the diverse and very comfortable climate, and the warm and welcoming people here. If you are new to the Islands, take a look at our Links page to find more information about our wonderful State and all that it has to offer.
This can be a little confusing at first, so here is the explanation. If you purchase a fee simple property, you own the land and the improvements upon it. This is the standard way of owning a property. However, if you purchase a leasehold property, you are buying a lease for the land and, usually, you own the improvements. A residential leasehold might have been set for 55 years but if the ground lease is 30 years old, there would be 25 years left on the lease. Most banks require a minimum number of years remaining on the lease before they will agree to lend on the property. Some require that the lease be renegotiated with the ground lessor, often a family trust or large landholding estate. This can take more time than you expect and, in fact, lessors are not obliged to extend or renegotiate the lease.
With all this, why would anyone buy a leasehold property? Because it is often less expensive to purchase and the lease is depreciable, which may have some tax advantages for you.
As always, before purchasing any property, you should consult with your tax advisor and your attorney about how to protect your tax position and your estate.
This is dependent on quite a few things, so it's not a quick and simple answer. If your lender works quickly and the sellers have already accepted your offer you will generally have a much better idea as to how much longer things will take. In general, one could say that escrows are somewhere between 30-60 days, but realistically as your property and your sale are unique, so will be the timeline. We can assure you that we will do what we can to expedite the transaction however possible, just let us know.
Land Use Class
|
Land | Building | |
---|---|---|---|
Improved residential |
8.10
|
8.10
|
|
Unimproved residential |
8.10
|
8.10
|
|
Apartment |
8.10
|
8.10
|
|
Hotel/resort |
9.00
|
9.00
|
|
Commercial |
9.00
|
9.00
|
|
Industrial |
9.00
|
9.00
|
|
Agricultural |
8.35
|
8.35
|
|
Conservation |
8.55
|
8.55
|
|
Homeowner |
5.55
|
5.55
|
Housing costs vary greatly from community to community on the Big Island, as they do on the Mainland. The best way to get an idea of current property costs is to browse through the "Property Listings " section of this web site, exploring different locations as you go. You'll be able to see everything that's presently for sale through the Multiple Listing Service because our site links directly to the MLS database.
Once you know the specific area(s) you are interested in, contact us and we will help you find your dream home or property!
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
A front row home at Kukio being offered for sale, with only preservation land between you and the ocean, is a rare occurrence and this uniquely designed hideaway will tak...
Listing courtesy of Hawaii Life Mauna Kea LLC.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
Maniniowali 31 features three separate living pods. Two guest pods each featuring a living room, kitchen, two bedrooms and two bathrooms. The main house features a great ...
Listing courtesy of Kukio Properties.
Hualalai Resort custom contemporary residence, overlooking #15 fairway of the private Keolu course, this dramatic home, built in 2016, showcases design features and mate...
Listing courtesy of Corcoran Pacific Properties.
Extraordinary in its size, beauty and details, this residential sanctuary is being offered to the discriminating resort buyer looking for a well-maintained large family e...
Listing courtesy of Compass.
Kohala Kai is an exclusive new residential development featuring seven exquisite, large acreage, custom oceanfront home sites. Situated on 63 pristine acres on the specta...
Listing courtesy of Hawaii Pacific Brokers, LLC.
The ultimate resort residence! Warren Sunnland design captures the best aspects of the site; large rooms, wide frontage, maximum views, best finishes and a smart, simple ...
Listing courtesy of Hawaii Life Mauna Kea LLC.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
Situated on nearly an acre to maximize exceptionally broad horizon views, this owner-built 5 bedroom, 4.5 bathroom custom estate is sure to catch the eye of any artistica...
Listing courtesy of Compass.
Inviting and peaceful, this home's elevation provides spectacular ocean, Maui and golf course views with stunning vistas of tropical sunsets. The magnificent breadth of o...
Listing courtesy of Compass.
Centrally located near the ocean and the Four Seasons Resort hotel amenities within walking distance to all amenities. 5 ensuite bedrooms with a guest powder room and a b...
Listing courtesy of Hawaii Life Mauna Kea LLC.
A true tropical compound for the most discerning Buyer. Situated on an acre of carefully chosen heirloom trees, flowers, and plants, this oasis at the Mauna Lani feature...
Listing courtesy of Venture Sotheby's International Realty.
HUALALAI RESORT, Hales at Ke Alaula: This extremely private home is located on a quiet cul-de-sac centrally located in the Resort. Designed by Zak Architecture and beauti...
Listing courtesy of Hualalai Realty.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
Reduced another $100,000! The perfect home for entertaining! Enter the private courtyard with its rich lava rock walls and carved entry gates, past the waterfall and pond...
Listing courtesy of Corcoran Pacific Properties.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
LOCATION LOCATION LOCATION. Overlooking the #7 green of the member's only Keolu golf course, close to the "core" of Hualalai, with stunning ocean, fairway and sunset view...
Listing courtesy of Corcoran Pacific Properties.
Hapuna Estates at Mauna Kea Resort Lot 8 boasts fantastic ocean, golf and mountain views. A custom home with 5 bedrooms, 5.5 bathrooms, 3-car garage and swimming pool sit...
Listing courtesy of Hapuna Realty.
MULTI GENERATIONAL HOME ! Perfect Hawaii Family "safe haven" ! Overlooking the blue Pacific ocean and the #12 South fairway on 1.25 acres walking distance to Black Sand ...
Listing courtesy of Corcoran Pacific Properties.
This Hawaiian plantation style residence consists of an exceptionally designed floor plan by renowned architect Warren Sunnland. The interior is beautifully crafted with ...
Listing courtesy of Corcoran Pacific Properties.
MB28A features a consolidation of three homesites. The 6.42 acres offers a building envelope of 103,260 square feet. Property owners are extended the opportunity to apply...
Listing courtesy of Kukio Properties.
The Residences of Laule’a is Mauna Lani’s newest development bringing a contemporary evolution to luxury resort living on the Kohala Coast! Consisting of just 17 homes – ...
Listing courtesy of Venture Sotheby's International Realty.
Located in the sought after Kohala Ranch community is a home of significance designed by Architect Lucky Bennett. Remodeled by the previous owner, Sports Legend Terry Bra...
Listing courtesy of Hawaii Life.
HUALALAI RESORT, Kai Malino Estates: Elegantly appointed residence overlooking the 9th fairway of the Hualalai Golf Course with beautiful views of the Pacific Ocean, Maui...
Listing courtesy of Hualalai Realty.
Spectacular 2-year-old home on one of the best golf-front lots in Mauna Lani Resort with incomparable unobstructed views of the 17th fairway, fish ponds, flowing stream, ...
Listing courtesy of Hawaii Luxury Real Estate.
Centrally located in the luxurious Mauna Lani Resort. The gated community of 49 Black Sands Beach is just a few steps from the Black Sand Beach clubhouse with its spa, po...
Listing courtesy of Better Homes and Gardens Real Estate Island Lifestyle.
Kohala Kai is an exclusive new residential development featuring seven exquisite oceanfront custom home sites. Situated on 63 pristine acres on the spectacular North Koh...
Listing courtesy of Hawaii Pacific Brokers, LLC.
Golf Course Front with Incredible Finishes and furnishings. Check out the Matterport tour by clicking the video link. Successful vacation rental! Large solar system ins...
Listing courtesy of Coldwell Banker Island Properties - Kamuela.
Property owners are extended the opportunity to apply to the Kukio Golf & Beach Club: an oceanfront private club with world class amenities including Tom Fazio designed 1...
Listing courtesy of Kukio Properties.
AVAILABLE FOR IMMEDIATE OCCUPANCY! Stunning ocean views over Mauna Lani’s famed South Golf Course await you in this intelligently designed, single-level luxury resort hom...
Listing courtesy of Venture Sotheby's International Realty.
Stunning modern resort style home with 5 bedrooms, 5 full baths including two Separate Guest Suites. Designed by award winning Architect, William C. Foulk and located in ...
Listing courtesy of Corcoran Pacific Properties.
Enjoy incredible 180 degree ocean view spans of the entire South Kohala Coast to Haleakala Volcano on Maui. Views also include four of the five Big Island Volcano Mounta...
Listing courtesy of Better Homes and Gardens Real Estate Island Lifestyle.
Kohala Kai is an exclusive large acreage residential development featuring seven exquisite custom oceanfront home sites. Situated on 63 pristine acres on the spectacular ...
Listing courtesy of Hawaii Pacific Brokers, LLC.
One of the last vacant lots remaining, overlooking the highly esteemed Hualalai Resort! Over 3/4 acre lot with 136 feet of frontage on the 10th fairway of the member's on...
Listing courtesy of Hawaii Life Mauna Kea LLC.
MAUNA LANI'S NEWEST DEVELOPMENT brings a fresh, contemporary and energy-efficient evolution to luxury resort living on the Kohala Coast! Consisting of just 17 homes – eac...
Listing courtesy of Venture Sotheby's International Realty.
This very successful vacation rental is a thoughtfully designed, custom built, single level pod style home. Located in the gated Mauna Lani neighborhood of Champion Ridge...
Listing courtesy of Hawaii Life.
Located in the prestigious private resort home community of Champion Ridge, this sprawling retreat offers four spacious bedrooms/five bathrooms and 360 degree views spann...
Listing courtesy of Corcoran Pacific Properties.