Kona Kohala Blog

Prices continue their slide even though the number of sales and the volume of sales continues to rise.  You can buy a condo nearly in town, a one bedroom, one bath, for around $70,000.  The maintenance fee on this one is just over $400 per month making it reasonable.  If you lived here, you wouldn't need a car, you have access to Kailua town and everything Alii Drive has to offer as far as surf spots, swimming and body surfing or just hanging out at the beach.

If you didn't need to live there, you could convert it to a rental unit and, depending on how much you financed, cover your costs.  Kailua Kona is not shrinking, in fact, west Hawaii is the fastest growing place in the Hawaiian islands these days.  With a recovered economy in 5 to 10 years, picking up a condo like this may be a very smart move.  Worth thinking about.