Maui has long been a popular vacation getaway; however, more people are making this destination their permanent home. Maui, known for its stunning beaches and lush rainforests, offers natural beauty and adventure, well-developed infrastructure, healthcare facilities, and strong community connections. The Maui HI real estate team ‘Ohana Real Estate Team explains why the Valley Isle is appealing for primary residency investment:
Relocating to Maui: Affordable beachfront living
One of Maui’s biggest draws is its relative affordability compared to other beachfront locales. Maui home prices have increased in recent years but remain significantly lower than those on the U.S. mainland or Caribbean islands. If living the island life has always been your dream, owning a home in Hawaii may finally be within reach. Maui’s overall cost of living remains lower than most coastal U.S. cities, not just in terms of home prices. Groceries, utilities, and transportation prices remain reasonable, though imported goods tend to cost more. Maui offers an exceptional quality of life and a great investment opportunity without compromising affordability.
Jobs and healthcare
Hawaii’s economy is primarily driven by tourism. Still, there are also jobs in healthcare, tech, agriculture, renewable energy, and senior care due to the aging population and increasing availability of jobs. Hawaii has excellent providers, plus the U.S. now has Medicare and Medicaid reciprocity with the islands. These programs still apply in Maui. However, Maui only has a few hospitals, so specialty care is somewhat limited.
Lifestyle perks
Maui offers a unique lifestyle that surpasses the stateside attractions and weather. Unrivaled access to outdoor activities like surfing, diving, golfing, and whale watching exists. Maui offers a unique culture with its aloha spirit, fusion of cuisines, and island music. Its laidback lifestyle is maintained, while modern conveniences are abundant with better infrastructure than many Caribbean islands, allowing visitors to enjoy modern comforts without the hustle and bustle.
Embracing the island vibe
Maui offers a lifestyle upgrade for many, but it comes with tradeoffs such as limited shopping and restaurant options, increased risk of natural disasters like hurricanes, potential island fever, and additional planning for off-island travel. The benefits outweigh the tradeoffs despite the challenges.
Homes for sale in Maui
The real estate market in Maui, Hawaii, features various homes for sale, from modest condos starting under $500,000 to luxury oceanfront estates priced over $10 million. Located in tranquil neighborhoods between the West Maui Mountains and the Pacific Ocean, these homes provide convenient access to world-class beaches, golf courses, and resort amenities. Maui offers a perfect blend of island living and stunning natural scenery, making it an ideal destination.
Things to do in Maui
Drive along the Road to Hana and its 600 winding turns to see magnificent waterfalls and breathtaking views. Go snorkeling or scuba diving to discover Maui’s incredible marine life. Watch the sunrise from the summit of Haleakala volcano before mountain biking through crater trails. Enjoy hiking through bamboo forests or relaxing at one of Maui’s world-class resorts and spas. Maui truly has something for everyone.
