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South Maui Real Estate - Overview and Perspective
Jim specializes in South Maui Real Estate, particularly, Wailea Real Estate, with its many condominium communities and
its numerous gated, ocean view residential subdivisions, and Makena Real Estate, with its outstanding oceanfront and beachfront
homes, new planned communities of One Palau’ea Bay and Keauhou at Makena, and more. The individual complexes and subdivisions are
discussed in greater detail in the individual pages on Wailea Real Estate and Makena Real Estate.
Another beautiful day in South Maui, this aerial view looks Northward over one of Makena’s two championship golf courses and, in the
distance, Wailea and Kihei. It’s no wonder this land of beauty has been the world’s #1 destination for over a decade. South Maui real
estate had grown at compounded annual growth rate of 20% from 1999 through 2006. Even as prices continued to rise somewhat less
dramatically in 2007, inventory began to rise. As prices in 2008 have somewhat stabilized, interest rates have begun to decline again
slightly. The combination of all these events has resulted in a great buyer's market with stable prices, low interest rates and a wide
choice of properties. The
paradigm for valuing Maui property places heavy emphasis on proximity to the ocean and ocean views. Oceanfront Homes can be worth over
three times the value of a comparable home in an elegant neighborhood sitting a few hundred yards up on the slopes that favor Wailea and
Makena with so many ocean views. There are few places on Earth that compare to Wailea and Makena. With five championship golf courses between them, a world
class outdoor tennis stadium, dozens of fine restaurants featuring a large variety of cuisines, miles of white and golden sand beaches,
accented by coral encrusted lava fingers that reach out into the sparkling crystal blue and emerald green waters of the Pacific, and the
comfort of a spacious lanai, relaxing in the soft cushion of a chaise lounge - it’s easy to understand why Maui is selected the #1 Island and
overall destination by Conde Nast Travelers’ and the resorts and amenities of
Wailea and Makena are ranked among the worlds best in related polls. |
