kauai-condo

Poipu Shores Oceanfront Condos

If prime real estate is all about location, Poipu Shores Condominiums in Poipu Beach Kauai may be your newly found portfolio addition.  Built in 1976, and situated on approximately 7 acres of land, Poipu Shores offers a variety of floor plans spread among 39 stunning oceanfront units.   Poipu Shores is comprised of 1, 2 and 3 bedroom units with a handful of floor plan variations.  There are 2 floor plans for the 1 bedrooms, 3 different floor plans for the 2 bedrooms, and one floor plan for the total of two 3 bedroom units.  There are a total of five 1 bedroom floor plans. Then there are classes of 2 bedroom, 2 bedroom deluxe and 2 bedroom deluxe town houses.  Building C (to the west) has 5 unit with all of them consisting of 2 bedroom deluxe town house units.  There is one deluxe penthouse unit on site.  Currently there are 7 oceanfront condos for sale within Poipu Shores ranging from around $499,000 to $1,300,000.

Poipu Shores is value priced oceanfront property you won’t find anywhere else.  Where else can you find a condo this close to the ocean, and with this spectacular of a setting for between 500k and 1.3 million?  This project is a short walk to all of Poipu’s beautiful beaches and tropical attractions and is a great ownership opportunity in the district of Koloa on Kauai.

Updates: On On Monday, June 15th, 2009 the grounds and maintenance manager, John Tobin RM had the following input which is being added to our Poipu Shores editorial.

The Poipu Shores RM budget announcement for the AOAO comes in November of each year.  Mr. Tobin reported that there are currently some small projects commenced on site at this time, nothing that would constitute major renovation.  Currently, there are no plans for major renovation or assessments in the foreseeable future.

2008 did bring an assessment to the AOAO, all of which has been paid off in a timely fashion.  The assessment was for insurance increases and the following major renovations.  Note that each member of the AOAO was charged a portion of the total assessment based on the square foot total of each owner.

• Building A  (concrete structure)  – - Block Spalding repairs on all exterior surfaces, new mauka side railing, new tile on lanais.

• Buildin B – (wood and concrete structure) – Block Spalding repairs on all exterior surfaces, Sologaurd walkway resurfacing, new railings on mauka also.

• Building C – (wooden structure) – Newly tiled lanais, all walk ways redone (sologaurd heavyduty 5/8″ thick surfacing).

In late 2007, the pool at Poipu Shores was upgraded from plaster walls to ceramic tile.

Also, if you are interested in purchasing a Poipu Shores condominium as a full or part time vacation rental, we can provide you with rental income history statements at your request.  Also, for interior photos and free current MLS data for this property and similar properties, please drop us a note using the request form provided below the aerial photograph of Poipu Shores.

kauai-condo

Whalers Cove Kauai

Whalers Cove – If you are looking for a spectacular oceanfront condo investment on Kauai, Whalers Cove may be the end of your Kauai real estate search! REVIEW THE NEWEST LISTING AT WHALERS COVE HERE – SEE WHALERS COVE SALES DATA HERE * Just less than one mile south of Poipu’s new Kukuiula shopping center is the laid back sand seekers paradise of Whalers Cove.  Centrally located within Poipu, you have Pk’s Beach, Beach House Restaurant, the National Tropical Botanical Gardens, Spouting Horn, Snorkeling & world class surfing to the west.  Head east from the round about in Poipu and find a variety of white sand beaches, more snorkeling, more world class surfing, a string of wonderful restaurants, a tennis club, Maha`ulepu, Poipu Beach Park, a Baby Beach, Poipu Bay Resort Golf Course and Kiahuna Golf Club.  Whalers Cove is also a short 4 to 5 minute drive to the south shores Old Koloa Town, the site of the first sugar plantation in the Hawaiian Islands, where you can find some local eats and fun treats as well as many fun places to shop and galleries to tour. Make sure to click on “View with PicLens” below for an enhanced visual experience of Whalers Cove right inside your browser window.

Whaler’s Cove is a great place to call home base while you explore the many other beautiful nooks and crannies of the Garden Isle. Waimea Canyon, “The Grand Canyon of Kauai”, and Polihale on the west side, Wailua River and all the fantastic shops and restaurants on the east side, and of course the breathtaking beauty of Hanalei on the north shore are just a few facets of this island gem.

Whalers Cove is all about it’s location, solid design and it’s ability to fulfill quality rest and relaxation.  After the hurricane over a decade ago, Whalers Cove underwent a major renovation.  Each units interiors were taken down to the studs and rebuilt from the frame.  Exterior deck tile and heavy duty sliding glass doors were installed for each unit.  Word has it that the AOAO made it a priority to get things done right.  Currently, Whalers Cove is heavily insured against peril’s and has strong reserves should repairs need to be commenced.  Many of the AOAO board members are long time owners, some own more than one unit.  Although Whalers Cove is within the Kauai County designated area for vacation rentals, only approximately 1/3 of the 39 Whalers Cove units are currently being used as vacation rentals.  The oceanfront condominiums at Whalers Cove certainly qualify for a special place inside the most discerning of real estate portfolios.

Amenities at Whalers Cove

• On-site check-in
• Knowledgeable on site concierge
• Large living rooms
• On site management
• Ample free parking
• Private telephones with free local calls
• Spacious private lanai
• On site stair access to Koloa Landings Snorkeling Cove
• Gourmet kitchen and dining area
• Jacuzzi tubs in the master baths of most units
• Washer and dryer in every condo
• Daily maid service
• Hot tub and heated oceanfront pool & barbecue’s
• Wolfgang Puck Organic Coffee
• Daily newspaper
• Pool towels
• Safe access
• Cable TV

Thinking of vacation renting at Whalers Cove unit before buying one? Rates include:

Daily Housekeeping providing fresh towels, clean sheets and general cleaning.
On Site check in (You don’t need to go to another office to pick up your key)
On Site Maintenance
On Site concierge services providing assistance with activities, restaurant reservations, tee times etc.

Whalers Cove Resort Fee includes:

Local telephone calls
Parking
Daily coffee
Beach and pool towels
Hi-speed Internet access
Daily newspaper

Whalers Cove Vacation Rental Rates

1 BEDROOM CONDOMINIUM $255-$541 1-2
2 BEDROOM CONDOMINIUM $275-$709 1-6
Resort fee: $15 per day; Rollaway Charge: $15 per night + 4.166% tax; Crib Charge: $10 per night + 4.166% tax

kauai-condo

Kiahuna Plantations at Poipu Beach • Kauai • Hawaii

Wow is what you will be telling yourself the moment you approach the unprecedented tropical garden paradise of Poipu’s beautiful Kiahuna Plantations.  Not only is Kauai thought of as one of the most beautiful islands IN THE WORLD by the readers of Travel and Leisure Magazine, but in reality, Kiahuna Plantations is one of the many spellbinding tropical enchantments that make the Garden Island of Kauai what it is.

Kiahuna Plantation occupies a commanding beachfront property in Poipu on the sunny south side of the island.  The layout of this picture perfect paradise by the sea is a flashback of Hawaii’s 19th-century plantation past.  The atmosphere is extremely relaxed and carefree.  Swaying palms, shade trees, spectacular weather and warm water are to be expected.  Watch the whales pass all day long while you slowly enjoy a shave ice in the sand!  A pristine stretch of white sand beach invites you to swim and snorkel in the clear blue Pacific.

Historic Koloa Town, the Grand Hyatt and many world class beaches are just a few minutes away.  Explore more of Kauai with a scenic drive west to Waimea, or east to Lihue, the Wailua River, Kapaa Town, and Hanalei on the north shore.

Description of Project:

1. Kiahuna Plantation has 304 units & 430 parking spaces
2. Kiahuna Plantation is a lease hold property
3. The projects documents allow for short-term rentals
4. The association has a lease for off-site tennis courts and swimming pool access
5. There are no time share operations on the property
6. The AOAO does not manage units or provide daily cleaning services
7. The AOAO took control of the property over ten years ago
8. The percentage of delinquent owners is less than 2% and there are no known foreclosures within the last twelve months
9. The property is in a flood zone and carries flood insurance that meets the legal requirements
10. The insurance agent/agency is Insurance Associates, Inc. (808)526-9271

Residential Units

1. Number of units that are primary residence:  < 5%
2. No accurate information is available on how many are used as second homes or are used for investment purposes, but the majority of units are used as short-term rentals.

Commercial Units

Commercial units on property include guest registration, restaurant, and activity desks.

Development:

1. All common areas and amenities are 100% complete.
2. No expansion authorized at this time.

OWNERSHIP EXPENSES

Units #1 through #29 (Buildings #1 – #6):

Association Management:	Castle Resorts & Hotels, Tel: (808)742-2200 Roy Thompson, General Manager
Association Fees include:	Common Area Building and Grounds Maintenance, Common Area Insurance, Repair Reserve Fund ($250,000), Owner’s Liability Insurance ($1,000,000), Owner’s Contents Insurance ($20,000), Owner’s Business Interruption Insurance ($50,000), Security, Cable TV (Basic Service), Refuse Removal, Water, Telephone Switchboard and Electricity
(Phase I)	Units 1 – 29	$1,371.00
Other Expenses:	Wastewater TreatmentTennis & Pool Beach Hut Real Property Tax (see below) Lease Rent (see below)	$28.46 (1 BD) $56.92 (2 BD) $90.20 $10.00 Varies Varies

Units #30 through #448 (Buildings # 7 – #42):

Association Management:	Outrigger Hotels & Resorts, Tel: (808)742-6411 Ron Morin, General Manager
Association Fees include:	Common Area Building and Grounds Maintenance, Common Area Insurance, Repair Reserve Fund, Security, Cable TV (Basic Service), Refuse Removal, Water and Telephone Switchboard
(Phase II) (Phase III-A) (Phase III-B)(Phase IV) (Phase V)	Units 30 – 200 Units 201 – 231 Units 232 – 249 and Units 319 – 336 Units 301 – 318 Units 401 – 448	2009 $1,080.00 $1,080.00 $1,080.00$1,080.00 $1,080.00
(Phase IV) (Phase V)	Units 301 – 318 Units 401 – 448	$1,080.00 $1,080.00
Other Expenses:	Wastewater Treatment Tennis & Pool Electricity Real Property Tax (see below) Lease Rent (see below)	$25.84 $98.10 Varies Varies Varies

LEASE RENT (All Phases): Individual apartment lease rents vary. Units pay a monthly minimum and additional percentage rent. Units are on individual apartment leases and Buyers, per state law, shall receive a copy of the lease and a lease summary for review and approval.

REAL PROPERTY TAX: Real property tax equals approximately 1% of the value of a unit, and is payable in semi-annual installments in February and August.

OWNERSHIP EXPENSES VERSUS RENTAL:The monthly Association fees and other expenses noted above are separate from rental matters. Some homeowners elect to rent their units to offset their expenses. The information presented above does not address rental matters. For further rental details, consult with your realtor and/or the onsite rental companies.

Kiahuna Plantation is located at:
2253 Poipu Rd.
Koloa, HI  96756

TMK (tax map key) info:
Phase II – Kauai TMK# 2-8-017-009; TCT No. 863,306 and 865,307
Phases III-A and IV-A – Kauai TMK# 2-8-016-007; TCT No. 248,934
Phase III-B – Kauai TMK# 2-8-014-018; TCT No. 796,538
Phase V – Kauai TMK# 2-8-017-010; TCT No. 485,517

This information is subject to change without notice.<

For more information about this property, and a current PHOTO listing update with complete MLS details of each listing on the market, please use this form below and drop us a note.