Are you considering buying a vacation home on Kauai? If you're answer is yes, be prepared for a new influx of friends. Owning a vacation home on one of the most beautiful islands in the world will make you very popular. Before you jump head first into purchasing a second home on Kauai, there's a few things you'll want to consider. Don't worry, after one visit to this paradise, you'll be contacting a real estate agent right away.
Location, Location, Location
Kauai is a decently sized island and you'll want to explore the entire area before choosing a destination for your home. Consider your lifestyle and what the main purpose of the home is for. If you're looking to be near the island's beautiful beaches, golf courses and restaurants, you might want to consider Princeville. Or if you want to be close to the airport for accessibility, you could look into Lihue real estate.
Purpose
When buying a vacation property, it's important that you consider what you'll be doing with the home. If you're looking to use it as rental property, you'll want to make sure the home is located in a Vacation Destination Area (VDA). If you've found the perfect property, make sure it's in an area that's convenient for vacationers. Are there a lot of nearby amenities? Or if you're just interested in purchasing a private home, you can pick your favorite place on the island and settle in there.
Resale and Maintenance Costs
Once you spend some time on this gorgeous island, you're not likely to ever want to leave. However, you should always prepare for unforeseen circumstances and consider that you might sell your vacation property one day. If you're buying a home on Kauai, reflect on the resale value. An oceanfront property may have the highest resale value (who wouldn't want to have a house right on the beach?), so if you find a great deal, snag it.
One of the most important factors to think about are maintenance costs. Be sure to have a detailed outline of what it will cost to maintain your property so you can account for most expenses. These additional upkeep costs will be sure your home is always guest ready and will let you live worry-free that your property is being well taken care of.
Work With An Agent That Knows The Area
Find an agent that knows the area well and has your best interests in mind. Your real estate agent will also know which resort communities will be frequently overcrowded and which beaches aren't great for swimming. Anne Eliason, Kauai's real estate professional, enjoys taking the time to get to know her clients and finding the perfect home for them.
Buying a vacation home is definitely an important and exciting decision. Imagine the convenience of storing your personal items at your favorite destination or having the perfect place for family gatherings. Returning to the same place again and again will allow you the opportunity of building lifelong friendships with neighbors. Additionally, you can't put a price on the comfort of familiarity of your own home.
If you're interested in purchasing a vacation home on Kauai or learning more about properties on this gorgeous island, contact Anne Eliason.
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