``vacationer"  to consider the possibility of purchasing a vacation rental condominium in order to spend more time in Paradise. Such a  purchase can often be an enjoyable investment, as most vacation condominiums are located on or near the ocean, thus providing reasonable rental income while at the same time being an enjoyable place to vacation.

The areas of South Maui and West Maui have numerous vacation condominiums, with excellent rental programs and prices ranging from $40,000 to $1,000,000+, depending on location and size.

Unique to Hawaii is "leasehold" land (LH). Approximately 25% of the oceanfront condominiums are sold as "leasehold", whereby you don't actually purchase the land, but rent it via a long-term (usually 60-year) lease. Although the preferred method to purchase property is to purchase the land, which is called a "fee simple" (FS) property, the leasehold property is offered at a lesser price, which often makes many beautiful oceanfront condominiums quite affordable.

For those who prefer houses to condominiums, there is a wide variety throughout the Island from affordable and moderately priced to executive estates. Beach goers usually prefer South and West Maui, while those who prefer space, gently rolling hills and cooler temperatures favor the friendly UpCountry and Northshore communities.

Whatever your preference, condominium or home, tropical beach or UpCountry, Coldwell Banker Island Properties has 35 agents and conveniently located offices to assist you in finding your place in Paradise!