Waikiki Property Information

The Waikiki real estate market is a area of towering condominiums and hotels, with tourists flocking by the millions to enjoy the sliver of beach that surrounds the city. Waikiki offers more than 10,000 hotel rooms for guests to stay in, and more than 1000 stores open too. 

It is simply incomparable to any place here in the world and many people are left in awe after visiting here.  Condominium properties are quite plenty here, with more than a hundred high-rise buildings despite its area just being a few square miles. Because of this, it is also a densely packed area with barely any space left open.

The condominiums can be considered a market by itself. The condos here sell like its everyday commodity and have the highest occupancy rate (non-owner) in Hawaii.  Condos range from a leasehold studio-type single room with an overlooking view of a parking lot for around $150,000, to a luxurious penthouse with panoramic views of the ocean for millions of dollars. Diverse real estate such as this can also be found in adjoining buildings.  

What’s really great about condominiums is how it is able to provide its residents with the convenience of living in the city, combined with tranquility and ambiance of a paradise island. A short 2-minute walk from a Waikiki residence can easily take you to a world-class surfing area, and pass by three, maybe four Starbucks.  

Many potential homeowners who desire to own a vacation estate in Honolulu will usually visit Waikiki for a small condominium unit. The condominiums are available for rent all year long as many tourists frequent this area.  Summer is definitely the peak season here, although it’s not surprising to find people gather by the beach at any time of the year.  This is the reason why condos are an excellent form of investment, with income potential no matter what the season.  More info