With its beautiful beaches, mix of American and Polynesian culture, rain forests and exotic plants, Hawaii makes for the perfect vacation destination.
According to GoVisitHawaii.com, more than 7.6 million people visit Hawaii last year and with eight main islands more than 100 islets, reefs and shoals, there’s plenty of land in Hawaii to explore.
As fun as it is to vacation in Hawaii, there’s also plenty of reasons to consider Hawaii long term rentals. With moderate weather, beautiful scenery and a rapid growing housing market, Hawaii seems to be the place to go for long term rentals and housing. Here are nine reasons to consider Hawaii long term rentals:
- 37 percent of families say that vacations make them happy, making it that activity that makes families most happy.
- In 2014, 8.2 million people visited the Hawaiian Islands.
- Between 2010 and 2015 visitation to Hawaii increased by 4.3 percent annually.
- In 2016, 7.4 percent of visitors to Hawaii stayed in a rental house, according to the Hawaiian Tourism Authority.
- The average per-night rate for vacation or home rentals was estimated at $170, compared to $244 for a hotel in 2015.
- The rate of home ownership in Hawaii reached 55 percent in 2011.
- 2015 saw 6,943 single family homes sold in Hawaii, an increase of 5.84 percent in sales from 2014.
- The average price per square foot for homes in Honolulu hit $548 in 2017.
- Total condo sales in 2015 reached 7,193, a 3.55 percent increase over 2014 sales.
Hawaii long term rentals offer many benefits, not the least of which is a place to stay if you’re planning an extended vacation in Hawaii. Long term rentals in Hawaii ensure that you have a place to stay and can enjoy yourself without having to worry about housing.
Hawaii long term rentals, whether you’re looking for Waikoloa beach rentals, Kohala vacation rentals or big island vacation rentals, offer many amenities as well. Depending on what and your family might be looking for, certain Hawaii long term rentals offer private pools, hot tubs, surfing and plenty of beautiful island views.
Cost can be a factor when it comes to Hawaii long term rentals as well, but there are plenty of options available to work around your budget. For example, a month long stay at a condo at the end of Waikiki can be had for about $150 a night and about $3,900 total when including other fees.
Staying in Hawaii long term can be a once-in-a-lifetime experience, but there are many questions you should ask and things you should consider before you take that leap. Plainly put, do you want to invest money in a long term rental? Do you want to invest time? Do you have enough money to make that sort of financial move? How will you take care of your property?
Hawaii long term rentals have a lot to offer those who are interested, but care should be taken when thinking about such a move. Many companies can offer you help if you’re thinking about a long term rental in Hawaii, but Team Real Estate and Property Professionals Hawaii can help you get started finding your dream pierce of Hawaii real estate.