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Kauai News--Kamamalu Buyer Restrictions Removed

Buyer restrictions have been removed for Lihue's affordable housing called Kamamalu.  These brand-new, 2 bedroom condominiums are now available to all buyers including investors.  This project was an offset to the Kauai Lagoons luxury condos & homes and was intended to provide affordable housing to Kauai residents.  Demand was less than expected and less than 1/3 were sold as affordable units.

More information and a video will be posted soon.

 

Richard T. Dolbeare, R(B) photo

 

Richard T. Dolbeare, R(B)

Keller Williams Realty(808) 651-4550

Aloha@RichardDolbeare.com 

www.MauiSandCastles.com and www.KauaiRocks.com 

 Hawaii multi-island specialist, Maui & Kauai
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Comment balloon 4 commentsRichard T. Dolbeare • May 12 2011 11:08PM

Comments

I think originally they were selling them leasehold. Now that they are fee simple they're a much better deal. I noticed your Makahuena got reduced. My client is now no longer interested, How ya figga?

Posted by Julie A. Black, CLHMS, CRS, GRI, Realtor, Broker (KAUAI DREAMS REALTY Kauai Real Property Specialist) over 7 years ago

Hi Richard, I'm looking forward to seeing the video when you have it available.

How is life over in paradise?

Posted by Ann Allen Hoover, CDPE SRES ASP e-PRO Realtor - Homes for Sale - AL (RE/MAX Advantage South) over 7 years ago

Richard this sounds like good news to me.   The number of sales should increase now that restrictions were lifted.  Look forward to the video.

Enjoy whats left of the weekend.

 

 

Posted by Jennifer Fivelsdal, Mid Hudson Valley real estate connection ( JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571) over 7 years ago

Maybe those who could qualify to own one were not able to qualify for the mortgage!

Posted by Georgie Hunter R(S) 58089, Maui Real Estate sales and lifestyle info (Hawai'i Life Real Estate Brokers) over 7 years ago

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