Aloha!

My newsletter is a little late this month because I just returned from a 2-week visit to my old home town, Santa Cruz, CA, including six decadent days touring Wine Country. It's always good to get off "The Rock" for awhile, but when you live Maui, it's also good to get back home! I admit that I occasionally think about what it would be like to live on the Mainland again, but after a taste of the fast pace and hustle and bustle, I'm very happy to be back on my restful little island. It's hard to get away from those warm, sunny days, balmy nights, aqua-blue ocean, and beautiful sunsets!

Our summer crowd is starting to trickle in. The hotels are filling up and once-empty seats at popular restaurants host visitors from all parts of the globe. Of course, as always in June, they will be treated to five days of our acclaimed Maui Film Festival (June 15-19), and to some outstanding opportunities to purchase Maui Real Estate! This month I'm applying what you might call a little "reverse psychology". Instead of offering the best "bargain" units available, my Featured Properties showcase the best units in their respective complexes--beautifully remodeled and turnkey condos that will save you the hassle and expense of trying to upgrade a property long-distance, while assuring the best possible income results for your vacation rentals!

MLS #347087--Menehune Shores is a direct oceanfront complex in north Kihei, featuring a popular dining facility and beach front pool pavilion. This nicely appointed 1BR/1BA unit is offered at $415,000!!!

MLS #345855--May I say the cat's me-ow? Me-ow! This Maui Banyan exquisite 2BR/2BA south Kihei unit is steps from Kamaole II beach and sure to create repeat clientele for your vacation rental business. $499,000!!!

MLS #348263--A step into Wailea brings you to this 2BR/2BA Grand Champions Tennis Villa with special lock-out feature that allows you to rent the unit in its entirety, or split it into a 1BR/1BA with a separate studio unit. Done to the "nines", and priced at $650,000!!!

MLS #342044--No south Maui vacation rental portfolio would be complete without including a 2BR/2BA condo at the ever-popular Kamaole Sands. Walk across the street to Kamaole III beach from this snazzy unit priced at $659,000!!!

MLS #342044--Often considered "the gateway" to Wailea, Maui Kamaole continues to be a favorite choice for vacationers and owners alike. Built in the final phase in 1999 and remodeled in 2008, this 2BR/2BA beauty is sure to impress even the most discriminating. Offered today at $886,500!!!
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As I was searching our MLS to select these properties, I was surprised at how low the inventory is at many of these complexes. Although prices remain low and show little upward movement, number of sales have remained relatively strong on Maui over the past several months. It will be interesting to see when reduced inventories begin to affect pricing--the old "supply and demand" syndrome

Please feel free to e-mail or call with any special requests you may have.

Many mahalos,

Michael Blaz
(808) 283-9093