Kauai REO only $194,500

By
Real Estate Agent with Century 21 All Islands

Who says you cannot find anything in Princeville for under $200,000?

The real estate market has really changed.  2-3 years ago if you had told me you could bye a condo in a luxury resort area like Princeville for under $200,000 I would have said you were crazy.  Well I guess I will have to eat my own words.  This cute and spacious 2BR 2BA condo aprox 1300 sqft really looks like a good investment. 

MLS# 244096  $194,500  Puamana #25B
This information has been supplied by third parties and has not been independently verified by Hawaii Information Service and is, therefore, not guaranteed.  Copyright ©7/15/2011

Although we are seeing prices below $200,000 they are rare and usually do not stay on the market long.  Why should they, with 20% down this thing will almost carry itself with a long term renter, and that alone makes this very appealing to the investor especially if you have a 2 yr minimum plan to hold.  The affordability of owning and maintaining a 2nd home here on Kauai has changed dramatically with price declines around 35-40% and near record low interest rates I believe the timing could not be better to invest in Paradise!!!

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kaui real estate
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Rainer
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Teresa Ramos
REMAX Infinity - Las Cruces, NM
e-PRO, CRS, GRI, SFR - The Voice of Real Estate

Hi Nathan:

Looks like a nice property.  Good luck selling. 

 

Jul 18, 2011 09:26 PM #1
Rainmaker
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Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Delaware Valley Real Estate, Lic'd in DE, PA & MD

Nathan, Much Success with Your Listing! Also, Welcome to the Rain! Active Rain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard.

Welcome Aboard and Much Success!

Jul 18, 2011 11:16 PM #2
Rainmaker
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Kwee Huset
Kwee Huset Realty - Venice, FL
Venice Florida Homes For Sale

Hi Nathan, Nice listing & Congratulations on your 1st post. Welcome to activerain, visit  http://activerain.com/blogsview/1999491/activerain-university-training-calendar  you can join up to 5 groups for your post.  Members at AR are very friendly and helpful; I learned alot about blogging and SEO. I wish you good luck.

Jul 18, 2011 11:41 PM #3
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Rainer
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Nathan Smith

Real Estate Associate Princeville Kauai Real Estate Specialist
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