The Pines II is a grouping of 90-some homes governed by an HOA. Investing sooner than later may also make financial sense. Hawaii is a real beauty; With a population of just under 1.5 million people calling the islands home, the average sales price of a home in Hawaii is $850,000. Truly custom. What You Want to Know Before Purchasing a Vacation Home in Hawaii Planning to rent out your second vacation home? It’s conveniently located about one mile from town and the beaches in The Pines II community. In this page not only will you see properties represented by , but also properties represented by other members of Hawaii Information Service. Buying a vacation home or investment property is a great way to expand your real estate portfolio. Talk to a Pro! Zillow has 7,796 homes for sale in Hawaii. The area outside of a VDA is where long-term rentals of six months or more are allowed. If nothing else is available, … These taxes are always subject to change so check with your tax professional for the current rates. If so, there are many considerations to weigh out prior to starting your property search. Hawaii is a good place if you are looking for a job in the government or military. Kahului-Wailuku-Lahaina, Hawaii. Please buy a primary residence for you and your family (be smart about it) but also please don’t buy a second one. If you require a reasonable accommodation to access our services, please contact us at (808) 732-3000 or email hbradmin@hicentral.com so we may better assist you. Further, the roof is also covered under the HOA, along with water, trash, front landscaping, fences, gates and insurance for the exterior. This is a state sales tax paid by the seller on the price of the property sold if the seller is an out of state resident. A taxpayer cannot make a 1031 Exchange on a vacation home or second home that is strictly for personal purposes. In Hawaii, we use title companies and escrow officers to handle the transfer of the property, including the deed. Buying a second home requires an ongoing investment of time and money. HARPTA is an acronym for Hawaii Real Property Tax Act. There are also deductions that may apply to your rental business. A small enclosed lanai is off the den, which I use for our cats, and there is a cat door so they can’t escape outside. 75-217 Nani Kailua Drive, #160, Kailua-Kona, HI 96740 is listed exclusively by RE/MAX broker associate Linda Johnson in Kona at $574,999. These are withholdings from the sellers received funds at the closing. Your email address will not be published. This is only one corner of the lanai, it stretches across the entire backside of the house and then some. New chair height Toto one flush toilets. It is easy to get caught up in the beauty and excitement of the dream when making a second vacation home purchase. Posted on I would like to help you keep informed to make a sound investment decision while securing the perfect second vacation home. It is the highly popular Model 3, which IMHO is the best floor plan in this community. From the Kohler medicine cabinets, featuring extra tall shelving and interior mirrors, to the stainless kitchen sink, which is extra deep, 60 / 40 split with a low rise inside and farmhouse style, you won’t find this style duplicated anywhere. Everything is at your disposal, whether you buy this as a second home in Hawaii or move in to make this your own personal residence. We began our Hawaii remodel in Kona last summer, finishing this year. Copyright, 1995-2015, REALTORS® Association of Maui, Inc. All Rights Reserved. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Information herein deemed reliable but not guaranteed. Here are some differences and advice to keep in mind. Buyers, Bamboo glass in the shower. Buying a home in Hawaii isn’t anything new. Knowing which rental market best suits your short and long-term goals is critical before starting your search. It’s where I live and sell real estate. These laws were created for a few reasons. One intersection away from Kona Safeway, Wal-Mart and Poi Dog Deli. out of state sellers, One factor that has been popping up in calls to the LUVA Real Estate …
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