Deliberating on a Maui real estate purchase? If you’re trying to figure out what to expect from the island’s future and its influence on your potential investment, you’ve likely discovered some of the many reports out there highlighting Maui’s visitor industry growth. In fact, the term “growth” hardly covers the kind of activity that the island is seeing, and analysts expect much more of the same in future years.
The latest in the parade of celebration surrounding Maui as a vacation destination is its position at #1 on KAYAK’s 2018 Trending Destinations List. The popular travel website is used for finding flights, accommodations, car rentals and other related bookings. As such, they’re in an excellent position from which to observe search trends. Their list was made up of the destinations that saw the biggest search increases year-over-year. Maui coming in at the top just validates what many analysts have predicted: a boom in the visitor industry.
Whether you’re thinking about buying real estate on Maui as an income property or full time residence, the burgeoning popularity of the island as a vacation destination is poised to keep property values climbing. All of this is fueled by the magnificent natural beauty of the island, with its post card beaches, flaming sunsets, awe inspiring whale watching, towering jungle waterfalls, and majestic mountains. Add in the farm-to-table dining, shopping for every budget, a surprising collection of art galleries, and five-star resorts, it’s no surprise that Maui topped KAYAK’s list.
To check it out yourself, visit KAYAK’s 2018 Trending Destinations List. According to the list, KAYAK user searches for Maui have increased by no less than 51% year-over-year, which is huge by anyone’s standards. They also provide handy information, including median airfare to Maui, trending hotels, median hotel rates, and even average temperature and precipitation throughout the year. They even provide their methodology for the collection of their data if you want to know all the details.
If this information has added fuel to your inspiration to find that perfect listing, you may want to explore the many fantastic properties for sale in West Maui. If you’d like some expert assistance, you can always learn more about our Sakamoto Properties agents. If you have any questions about Maui real estate, feel free to contact us. We’re happy to help! Mahalo!