Maui-Realty.com is dedicated to "The Papakea Beach Resort. We provide you with current condo/unit sales information which will help you with your purchase decisions. Please call and ask for Frederick V. Burgart, Realtor.

Thanks for visiting Maui-Realty!

Frederick V. Burgart, Realtor

P O Box 11024
Lahaina, Maui, Hawaii 96761

OFFICE: 1-(808)-283-5440
FAX: 1-(866)-451-2365
EMAIL:

Click on any of the options above to find the information you need. Or if you are interested in any other condo properties, I have full access to the complete MLS system. Please feel free to email me so I may provide you with the info you need.

Frederick V. Burgart,

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Papakea Beach Resort,
Latest Newsletter

PAPAKEA

ROUND-UP

January 1, 2018

By: Fred V. Burgart (PB)

Frederick V. Burgart, Realtor

Aloha Papakea Owners & Future Owners,

Happy New Year to all!! I hope everyone enjoyed your Christmas & New Years. If you here on Maui, the weather was simply spectacular for the start-up of the busy season. It didn't look too encouraging when it was raining and windy for early December. Come Christmas/New Years and it cleared offering calm, peaceful days to all. Not to sound like a broken record, tourism is busy as ever and occupancies are looking stronger than ever. The Hawaii Tourism Authority last week confirmed it will be another record breaking year, over and above last year's record breaking . Hope to see you on Maui this year.

4RD QUARTER SALES & YEAR END SALES STATS

The 2017 year finished off with 5 more closed sales, bringing us up to 24 sales for the year. In 2016 we had 15 sales, so we are ending with another strong year in sales from just a year ago. In 2015 we had only 8 sales!  As you can see, the Papakea sales market has been strengthening and we are seeing high sales prices in many categories.

 We currently have 17 units for sale. Our inventory of for sale units has dropped to the lowest inventory of the year. We do have another 3 units now pending, so 2018 is starting off on a positive push. The lowest priced sale of this past year: oceanview one bedroom #E-310 @ $200,000 Leasehold. The highest priced sale was oceanfront 2BR/loft #L-405 @ $1,137,500 (FS). Out of the 24 sales we had in 2017, 20 were Fee Simple and 4 were Leasehold. Total volume sales was almost 14 million.

BOARD MEETING

There is no longer a BOD meeting in December.

My listings:

Oceanview one bedroom 3rd floor #K-301 @ $629,,000 (FS). Beautifully remodeled!!

Have a Prosperous 2018 year!

MY WEBSITE: if you are looking for updated information regarding Papakea, please search my website for all the latest info on sale,  listings, & cost of ownership.  You can always drop me a note for any questions you may have.

Aloha & Mahalo,

Fred


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