This is why our guest are getting such an awesome deal!! They get the full house and amenities, but at a small fraction of what people are spending on buying a place. Lets look at the stats for this latest transaction:
– The average price was $1.9 million for 93 suites. The lowest price was $895,000.
-That included a Presidential Suite penthouse for $6.4 million.
-40% of the buyers were international
People will always invest in a great location and an awesome vacation experience. Even in a down economy. Look at the amount of foreign investment – think about focusing on attracting international guest who are happy about the cheap dollar.
And what do they get? Ok – they get the fantastic Maui experience. But in terms of accommodations, they get a one or two bedroom suite. Ahhhh, what a rip-off. 
At least that is what I am going to keep telling myself.
Tags: property management, vacation property, vacation rentals