Maui Real Estate Blog
1031 of the Week-Maui Banyan
People frequently send us inquiries about vacation rental condos on Maui that cash flow. The simple truth of the matter is that it is extremely difficult to cash flow condos on Maui unless you have a significant down payment or you purchased the condo three or more years ago. Condos have appreciated at a far greater rate than rents have increased. While you may not be able to cash flow a vacation rental condo in the current Maui market, there are some complexes that have better rental results. Maui Banyan fits that bill. With a ResortQuest on site rental program, a great location in Kihei across from the Kamaole Beach Parks, and numerous on site amenities, it is easy to see why there is strong vacation rental demand at Maui Banyan.
It is hard to find comparable properties in this price range with the occupancy rates of Maui Banyan. The two bedrooms can be particularly intriguing. They offer a flexible floor plan that would allow you to lock off the 2 bedroom into two separate one bedroom/one bath units.
Check out the current inventory of Maui Banyan Condos for Sale.