Typical condo fees range from $500 to $1,500/month and are rising 10–15% annually in older buildings.
Hawaii has empowered counties to phase out short-term rentals (STRs) in residential areas to address housing scarcity. Zoning is now the primary factor in determining a property's legality. buying a vacation rental in hawaii
Significant changes are underway following Bill 9, which aims to phase out approximately 7,000 units in apartment-zoned districts (the "Minatoya List") by January 1, 2029 (West Maui) and 2031 (rest of the island). Focus only on hotel-zoned units or permitted Short-Term Rental Homes (STRH). Typical condo fees range from $500 to $1,500/month
Hawaii is primarily an rather than a high cash-flow market. Significant changes are underway following Bill 9, which
New registration rules under Ordinance 25-50 take effect July 1, 2026 . All STRs (hosted and unhosted) must register with the county, with fees ranging from $250 to $500 annually.
Most properties require 25–30% down to reach a break-even cash flow. Local lenders typically require 20–25% down for vacation rental financing. Hidden Costs:
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