Where to Buy Property in Maui
You're looking to buy property in Hawai'i? This has always been my dream. I love the islands, and especially Maui, so I was ecstatic when I finally opened an office there to manage short term rentals in Hawai'i! I always get the question from friends and clients: Where to buy property in Maui if I want to own a vacation rental? Most of my clients there want to live in Maui part-time, or own a second property that can boost their revenue stream. Like me, they care deeply for the islands, and is a dream to be able to enjoy living there and visiting often.
Wailea
- • Home to some of Maui's well-known beaches, like Wailea Beach and Polo Beach, high-end resorts and luxury condos.
- • Strong demand for high-end vacation rentals, especially travelers looking for luxury.
- • Has Strict zoning laws, but many condo developments allow short-term rentals.
- • Higher initial investment, but premium nightly rates and strong occupancy can make it worthwhile.
Kihei
- • Attracts many tourists due to its casual, laid-back vibe, and beaches.
- • Near major attractions like Sugar Beach, Kamaole Beach Parks, and whale-watching excursions. Provides a good balance of local community feel and tourist demand, making it a solid investment option.
- • Offers a more affordable entry point while still being beachfront.
- • Features multiple condo complexes that allow short-term vacation rentals (important for legal Airbnb operations).
- • Strong ROI potential due to steady occupancy and lower upfront costs than luxury areas.
Makena
- • One of Maui's most exclusive and high-end locations, known for secluded beaches and luxury estates. Limited availability of properties means high property values and strong appreciation over time.
- • Makena Beach (Big Beach)—one of the most beautiful and less crowded beaches in Maui.
- • Ideal for travelers looking for privacy, direct beach access, and a high-end vacation rental experience.
- • Attracts celebrity and elite travelers, making it a premium rental market.
- • Less touristy than Wailea, which adds to its exclusivity and desirability.
Maalaea
- • One of the most centrally located areas in Maui, providing easy access to both West Maui (Lahaina, Kaanapali) and South Maui (Wailea, Kihei).
- • Known for Maalaea Harbor, where many boat tours, snorkeling trips, and whale-watching excursions depart.
- • A quieter area, great for families and long-term travelers looking for a home base to explore the island.
- • More budget-friendly than Wailea or Makena, making it a solid investment for mid-range vacation rentals.
- • Less competition from luxury resorts, meaning independent vacation rentals stand out more.
Wailuku
- • A more local and historic area, making it an emerging market for vacation rentals.
- • Home to Iao Valley State Park, one of Maui's most scenic spots, attracting nature lovers.
- • Close to Maui's airport, making it a convenient option for visitors.
- • Offers budget-friendly properties compared to South Maui and West Maui, with potential for future appreciation.
- • More urban feel with local businesses, restaurants, and historic sites, appealing to travelers looking for a more authentic Hawaiian experience.
- • Growing popularity among digital nomads and eco-tourists, looking for longer stays at lower price points.