Enjoy Affordable Fractional Ownership - Deeded fee simple ownership for Interval OCTOBER 15 to DECEMBER 14 every year. Can be paid off free and clear for similar amount as down payment on a similar condo. Located in Princeville’s prestigious gated community of the Villas of Kamali'i, you will enjoy panoramic mountain views, heated swimming pool, spa and barbecue area, not to mention being minutes from some of the most beautiful beaches in the world. A Honda Pilot SUV is included and the garage plus dedicated outdoor parking area makes for convenient ease of use. This beautifully furnished turnkey townhouse style condo sits overlooking the Makai Golf Course with great views and cool trade winds. The upstairs bedroom has mountain views. You do not feel hemmed in by buildings on all sides like many others. All costs for operating the condo are equally shared by the six fractional interval owners and include all utilities, internet, phone, TV, homeowners association dues, taxes, insurance, vehicle costs, and a reserve allowance for replacement of furniture, appliances, and vehicle. Cost savings from not having to rent a vehicle for 2 months each year compensate for a large part of each owner’s total annual costs. For 2022 each owner’s annual operating cost is billed quarterly at $1,204 plus a $200 reserve allowance. If purchased during 2022, the Buyer would be granted a bonus use from December 15, 2022 until January 3, 2023 one time only, The unit cannot be used as a vacation rental.
Listing courtesy of Steven D. Moody, Broker.
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