kiahuna plantation

Hot New Kiahuna Plantation Condo Listing • Poipu Kauai

Own a piece of paradise for under 300k!  Visit and vacation rent year after year!  Unit is being sold completely furnished at asking price with entire new custom furniture collection.  View pictures in full screen mode by selecting the “View with PicLens” below.

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kiahuna plantation

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.<

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