Most States only have Fee Simple tenure/ownership for real estate. Hawaii is one of the few States that has two forms of property ownership. The majority of properties in Hawaii and on Maui are Fee Simple which is what most people are accustom too. Fee Simple is absolute and uninterrupted ownership in real estate. It is the highest level of real estate ownership possible. In the State of Hawaii and on the island of Maui the second form of land tenure/ownership is the lesser known Leasehold ownership. Leasehold ownership is not full ownership and is not permanent ownership. Leasehold ownership is essentially a very long lease where the buyer/lessee pays an upfront purchase price for the property and is responsible for a monthly lease(usually well below market value), property taxes, HOA dues, and more. Although Leasehold properties can be purchased for much less than similar Fee Simple properties it is very important to know the difference between Fee Simple and Leasehold and which type of ownership will fit your needs the best. Most Maui property owners prefer Fee Simple ownership over Leasehold, but Leasehold ownership can be a good option for both buyers and investors who do not have the funds necessary to purchase a Fee Simple property. Click on the link below to compare the differences between Fee Simple and Leasehold ownership on Maui. Please feel free to contact me with any questions you may have about Fee Simple and Leasehold real estate on Maui.
Understanding Fee Simple and Leasehold property tenure/ownership on Maui.
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Kaanapali Shores 457. Rare top floor 2 Bedroom 2 bathroom with a loft that is being used as a full third bedroom and a den plus extra storage closet. Excellent ocean view...
Listing courtesy of Keller Williams Realty Maui-L.
Kaanapali Shores 456. Rare top floor 2 Bedroom 2 bathroom with a loft that is being used as a full third bedroom and a den plus extra storage closet. Excellent ocean view...
Listing courtesy of Keller Williams Realty Maui-L.
Seldom does a true turn key unit become available with notable features such as a large private lanai with a premium end unit location, and ocean views. This unit is not...
Listing courtesy of PMI Maui.
We are excited to present this rarely available Premium Kula I'o large acreage lot. Kula I'o Subdivision in Kula is renowned for its ideal Upcountry climate, quiet stree...
Listing courtesy of Hawaii Life (PA).
Wailea Palms 3508 is a top floor, 2-bed/2-bath unit situated in the lower quiet area of the complex. 3508 has a desired north facing location allowing for maximum use of ...
Listing courtesy of Coldwell Banker Island Prop(S).
The tropical landscaping sways to the rhythm of the light trade winds, and a soft symphony of native birds accompanies the sounds of rolling surf, as you enjoy your morni...
Listing courtesy of Coldwell Banker Island Prop(S).
Classic Front Street Lahaina property with EXPANSIVE view plane affording over 130 linear feet of majestic ocean frontage. Lanai is the backdrop to a plethora of ocean ac...
Listing courtesy of Hawaii Life (W).
Looking for a spectacular West Maui Home...Look no further than 164 Hakui Loop (also referred to as 175 Pihaa Street). Located at Kaanapali Hillside in the Heart of The K...
Listing courtesy of Coldwell Banker Island Prop-KP.
Step in to a lush, tropical and private oasis full of lime, tangerine, orange and banana trees several blocks from the beach in sunny South Kihei. Tucked away behind a ro...
Listing courtesy of Compass.
7505 Makena Road is a masterfully designed Hawaiian estate located across from the ocean in Makena, South Maui. The 10,500 sq. ft., 8-bedroom, 8-bathroom, gated residence...
Listing courtesy of Welcome Hawaii Properties.
Discover the possibilities with this rarely available "Duplex" located on the corner of a wide cul de sac. Each of the two homes that make up this duplex have 3 bedrooms ...
Listing courtesy of Lifetime Properties LLC.
Are you looking for an immaculate vacation rental in a great location, yet quiet, private, and spacious? If yes, you just found it! This Maui Kamaole home, while technic...
Listing courtesy of Coldwell Banker Island Prop(S).
This bright second floor end unit with 3 bedrooms and 2 bathrooms is located conveniently close to the new Kihei High School. The treetop view outside gives the ambience ...
Listing courtesy of Redfin Corporation.
East meets West w/ this Balinese-inspired, beautiful Haiku property. Set on 1.4 acres and surrounded by lush greenery, this architecturally unique and one-of-a-kind resid...
Listing courtesy of Maui Property LLC.
120 Punakea Loop is a 12-acre estate situated in Launiupoko. The main 5,142 sq. ft. home has 6 bedrooms and 6.5 bathrooms, and a 1,168 sq. ft. barn comes with a wet bar, ...
Listing courtesy of Welcome Hawaii Properties.
Magical Piiholo where the farmers have been growing produce, trees and shrubs since 1936. There are 3 unique homes, an office, as well as an artist loft, and a Mega Gree...
Listing courtesy of Tri-Isle Rlty & Dev Co Inc.
Welcome home. Proudly situated in one of Wailuku’s most renowned residential neighborhoods lies 103 Ka Ikena Lp, a timeless near 2,000 SF, 4 bed, 3.5 bath home offered fu...
Listing courtesy of Coldwell Banker Island Prop(S).
Quintessential Golf course location! A private corner villa overlooking the Wailea Blue course, with breathtaking views of Haleakala. This idyllic setting offers a relaxe...
Listing courtesy of Island Sotheby's Int'l Rlty(L).
Great opportunity to own on Front St, Lahaina, Maui!! Retail space with tenant in place, being sold AS IS. The building has a bath upstairs with a shower. Prime Locatio...
Listing courtesy of Coldwell Banker Island Prop(S).
Welcome to Ho'olea Terrace at Kehalani! This lovely 2 bedroom/1.5 bath unit is located on the second floor for a peaceful, private and quiet atmosphere. The unit has been...
Listing courtesy of Maui Luxury Real Estate LLC.