Interested in owning or renting one of the many Waikiki condo choices? There are a plethora of options to choose from in the Waikiki area, which means that it’s probably a bit overwhelming when starting your search.
To make this a little simpler let’s start with…
Renting a Condo in Waikiki
Many condos are privately owned or part of associations. You can find condos that don’t feel as touristy (although it may be hard since you’re in Waikiki) and get you a little more off the beaten path.
Where should you look for such rentals?
Try these sites:
Waikiki Vacation Rentals and Waikiki Oceanfront Rentals
Buying a Condo in Waikiki
The first thing you’ll notice about the condo market in Waikiki is that it is expensive! Purchasing a condo the size of a hotel room (and often quite literally, a hotel room) will cost you as much as a full house on the mainland! However, you can’t walk to a world famous beach from your house on the mainland and be in one of the most sought after tourist destinations in the world.
The Waikiki real estate market is one of the priciest in the U.S. because they simply aren’t making any more land here!
Stating your Waikiki Condo Search
If you’re serious about searching for a condo to purchase in the Waikiki area I would recommend first deciding what your budget is. You can do this by meeting with a loan officer and getting qualified for a loan. (If you’re rich enough to not need a loan please skip this step).
After you’ve come up with your budget consider taking a look at potential condos on sites like realtor.com where you can explore listings for free.
Once you’re serious, qualified, and are ready to shop it’s time to get in touch with a real estate agent who can show you many of the Waikiki condos that you may be interested in.
Image from flickr