Typical condo fees range from $500 to $1,500/month and are rising 10–15% annually in older buildings.
Most new STRs outside of designated resort zones are prohibited. Ordinance 22-7 requires a 90-day minimum stay for non-resort properties unless they hold a legacy Nonconforming Use Certificate (NUC). buying a vacation rental in hawaii
Significant changes are underway following Bill 9, which aims to phase out approximately 7,000 units in apartment-zoned districts (the "Minatoya List") by January 1, 2029 (West Maui) and 2031 (rest of the island). Focus only on hotel-zoned units or permitted Short-Term Rental Homes (STRH). Typical condo fees range from $500 to $1,500/month
Hawaii has empowered counties to phase out short-term rentals (STRs) in residential areas to address housing scarcity. Zoning is now the primary factor in determining a property's legality. Significant changes are underway following Bill 9, which
Better-performing properties typically yield a 4–6% cash return .