This is a fabulous opportunity to own a beautifully designed and constructed home in the exclusive Kapalua Resort on a one-sixth fractional basis. This four bedroom, four and half bath luxury home has over 4,000 sq. ft. of living space, pool, spa, and incredible ocean and island views. Listing price: $795,000
This 1/6 Fractional Ownership Kihei condo boasts oceanfront location with garden views - completely remodeled and priced to sell. 30 nights minimum stay with short term rental permitted. New amenities include custom lighting and ceiling fans, tile flooring throughout. Just steps from ocean, pool and green belt. List price: $73,000
The fastest growing segment of the luxury vacation home industry is the new home ownership option known as Time Interval or shared ownership. Many people who purchase a time interval on Maui find they have tremendous trading power with other time interval locations within their management group. It is very popular for clientele that desire high-end luxury homes for their stay on Maui, yet would rather not bear the expense of sole ownership.
Time intervals on Maui are primarily found on the west side in Kapalua and on the south side of the island in Kihei/Wailea. In the time interval structure, you as the buyer are purchasing on a fractional basis a fee simple, deeded right to the property reflecting an undivided interest as tenants in common.
Often, fractional owners rotate their primary vacation time with other owners to provide a balance between owners in the usage of the property during the most sought after times.
One of the more popular time intervals on the west side is Pineapple Hill Estates at Kapalua. Fractional shares are currently being offered at under $800,000 for a one-sixth ownership share.
We offer free full MLS search capabilities. When you have found something of interest, please give us a call and let us put our expertise to work for you!
P.O. Box 1733, Makawao, Maui, HI 96768
Phone: (808) 298-6938
Email: Katrina@KatrinaPitmanRealEstate.com
Credits: Photo of Bay in Hana, Maui by Ralph Ward of Ralph Ward Photography: rsw108@gmail.com
© 2007 Katrina Pitman Consulting Services