Are you wondering if Hawaii real estate is a safe investment? As a real estate investor, you’re probably looking to start or expand your portfolio and increase your profits. The good news is that Hawaii is a great place when it comes to expanding your real estate portfolio. It offers a great location. After all, who doesn’t like island living? The demand for housing in Hawaii, including vacation rentals, is still growing, and the area offers plenty to do and see for both residents and vacationers. Let’s take a look at the benefits of real estate investing in Hawaii and some things you should consider before investing.

Hawaii Offers a Great Location

Hawaii consists of the islands of Hawaiʻi, Kauaʻi, Lānaʻi, Maui, Molokaʻi and Oʻahu. Each island has its own unique personality with great scenery, shopping and outdoor activities. If you’re looking to invest, the best islands are Hawaii, Maui or Oahu.

  • Hawaii – The big island of Hawaii offers active volcanoes, beautiful beaches, coffee farms and a rich cultural history along with plenty of shopping and dining.
  • Maui – Maui is the second largest Hawaiian island, and it’s famed for its beaches, humpback whale migrations and farm-to-table restaurants.
  • Kauai – A trip to Kauaʻi means that visitors will get to enjoy some of the most dramatic scenery in the entirety of the South Pacific with dramatic valleys and mountain peaks.
  • Lanai – Lānaʻi is known for its rustic appeal with very few paved roads, lots of open space and almost no crowds. However, it does have three hotels and used to be home to the Dole Plantation.
  • Oahu – If you’d like to go surfing or visit the Hawaiian capital of Honolulu, Oʻahu is the place to be. It’s the third largest island and most of the population of Hawaii calls this island home.
  • Molokai – Molokaʻi is the fifth largest island at 38 miles long and 10 miles wide. Around 40 percent of the population is native Hawaiian, which makes it one of the most Hawaiian islands. It’s known for its rustic appeal where no buildings are taller than a coconut tree, and there are only 95 hotel rooms available. However, it can be reached by ferry from Maui in about 90 minutes.



There Is a Growing Demand for Real Estate in Hawaii

If you’re looking to invest in property on one of the islands of Hawaii, you’ll be pleased to know that the market is growing and property values are appreciating. In fact, it’s become so popular that real estate investors in Asia, Japan and China have also become interested due to the potential for high returns on their investments. Hawaii’s real estate boom is being driven by steadily increasing property values, which have risen 22 percent since 2020. Not to mention, visitor numbers have returned to their normal levels.

Real Estate Investing in Hawaii Means You Can Enjoy It Too

Real estate investing in Hawaii is an investment in your enjoyment as well as the people to whom you rent. This is because if you invest in a vacation property, you have the option to visit and stay in the property during its downtime. Hawaii offers lots to do with its beautiful year-round weather, plenty of outdoor activities and rich shopping and dining experiences. You could even participate in one of the local events, including food festivals and marathons.

Hawaii Real Estate Investing Is Investing in Health and Wellness

Hawaii offers clean air, clean water and a warm tropical climate. It is for those reasons that the people of Hawaii live an average of 80.7 years, which is the longest lifespan for any state in the United States. The residents of Hawaii boast low rates of cancer and obesity, which is likely due to the active lifestyles of the inhabitants. After all, there’s plenty to do, including hiking, sailing, surfing and other outdoor sports and activities. This means that investing in Hawaiian property means you’re investing in health and wellness.

How to Get Started With Hawaii Real Estate Investing

When entering the Hawaiian real estate market, it’s important to hire a local realtor. Local Hawaiian real estate agents can give you information on the local market trends, pricing, existing properties and upcoming developments that you may be interested in. They can also help you navigate Hawaii’s real estate laws and explain any particulars of a specific location, including its risk for severe weather, like hurricanes and tsunamis, and how those weather risks might affect the property value and insurance costs.

When it comes to starting or increasing your real estate portfolio, Hawaii offers a lot of opportunities. Hawaii real estate offers properties that have a history of appreciation. The market for residential and vacation rentals is increasing, and you have the ability to enjoy the property and all Hawaii has to offer when the unit is not being used by vacationers or renters.

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