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Invest in Hawaii?
Old 05-11-2005, 01:01 AM   #1
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Invest in Hawaii?

Does it make any sense to invest in Hawaii? I have been wondering if this could be a West Coast boomer retirement play.

Sure it's not Florida, but it is a kind of Paradise and it has an International attraction. Especially for Japan and China.

Any thoughts?

b.
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Re: Invest in Hawaii?
Old 05-11-2005, 08:02 AM   #2
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Re: Invest in Hawaii?

Aren't the prices in Hawaii already inflated?
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Re: Invest in Hawaii?
Old 05-11-2005, 09:08 AM   #3
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Re: Invest in Hawaii?

Yeah, Hawaii has already been invested in. I'd love to buy a condo on Maui, but the prices are nuts.

$600K gets you a one bedroom built in the 70's. :P
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Re: Invest in Hawaii?
Old 05-11-2005, 10:44 AM   #4
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Re: Invest in Hawaii?

Saluki,

I'm looking at a Studio on the 6th floor of a Condo Hotel for $285,000. It is about 250 paces from Waikiki Beach with a full view of Diamond Head over the park.

The Hotel will rent it for me when I'm not there at $120 night.

That doesn't seem overpriced or anywhere near $600,000. True, it is just a Studio but that is all I need.

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