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Princeville is a great area for purchasing real estate

March 21st, 2012 · No Comments · Real Estate

Located on the past coffee plantations that sit on the North Shore of Kauai, Princeville is only 2.4 miles but is the largest planned development in the area.  It has several resorts that have tourists from all over coming to visit the three available beaches:  Pu’u Poa, Kenomene Beach, and Kaweonui Beach.  Surrounding Princeville is tropical forests and mountains with blue waterfalls.  The area also overlooks Hanalei Bay.

Princeville is a great tourist destination, but 70 percent of the occupied homes belong to permanent residents.  The population currently sits around 1,700 residents, and many of them are actually well educated and help to operate the tourism industry.  Many golfers also currently call Princeville home.

Princeville is an excellent place for people to make great real estate investments because of the tourist attraction in the area.  It is also ideal for finding a vacation home.  The area has multiple price ranges capable of finding a fit for just about everyone.

Kauai offers fractional ownership for buyers considering purchasing condominiums.  This will give the purchaser to own a portion of the home so that it can be used by them for a certain amount of time each year.  There are many opportunities for this in Kauai at a starting price under $100,000.  Princeville properties located within the resort communities will normally give owners full access to the amenities available.

There is also the opportunity for full ownership of condos in the area.  Princeville Paniolo has units that start around $150,000.  The average price for condos is $400,000, and these come with decent furnishings.  Hanalei Bay Resort, Hanalei Villas, and Ka’iulani have the most luxurious condominiums, and these have been known to climb well over $1 million.

Princeville also has single family homes available for anyone considering making this town their home.  Most of these start around $450,000, and are capable of climbing over $3 million.  The neighborhoods of Emmalani Court and Queen Emma’s Bluff have some of the more expensive homes.

The average sale price for homes is $430,000, and most homes stayed on the market for 275 days.  There are also usually a few distressed homes available here.  Distressed condos will normally start in at $250,000, and distressed single-family homes start at $450,000.

Princeville is a great area for purchasing real estate for just about any reason.  The condos in Princeville are some of the most excellent ones available on the island.  Single-family homes make great buys for anyone considering relocating or just having a vacation home.  There is something to offer pretty much everyone in Princeville.


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