Andaz Maui Significant Sale

Posted by Alex Cortez on Tuesday, October 14th, 2014 at 5:56pm.

Anecdotally, the Maui real estate market has been very active through what is typically the 'slow season' (September/October) in preparation for the upcoming high season. Although the overall sales numbers are lagging behind 2013 YTD, the introduction of the Montage Residences has translated into significant sales in a market very much in need of such. And now with price adjustments and introduction of additional inventory, the Andaz Residences Wailea are seeing more well-deserved activity/interest. 

andaz wailea map

As such, the closing of Andaz Villa F-4 was announced earlier today. The luxury unit offers 2,644 square feet of interior living space and additional 500 square feet of exterior entertainment space (square footage is approximate). The unique value proposition of Andaz Residences Maui at Wailea lies in its symbiotic relationship with the 5-star hotel/resort element and the plethora of amenities which ownership entails. 

andaz wailea floor plan

With its adjusted prices, the consensus is that absorption of the remaining units will be high as it presents one of the strongest values in Maui beachfront condo ownership, with few comparable properties anywhere on Hawaii. And as discussed, the potential offering of Villas B & C offer what in essence is one of the most valuable beachfront real estate on Maui - values at the Wailea Beach Villas skyrocketed AFTER initial sales, can we expect more of the same for the Andaz Residences?

 

Contact

With a deep understanding of the underlying Wailea real estate market trends and properties, we are well poised to represent clients in their purchase or sale of properties in the master-planned resort. For a confidential consultation, please fill out the form below or call 808.385.5034 any time.

Please provide a valid email address.

Specializing in Makena and Wailea real estate, Alex Cortez is fully dedicated to representing his clients ethically and diligently. Contact him at 808.385.5034 or Alex@MauiRealEstateSearch.com for more information.

Leave a Comment