Kauai’s Newest Real Estate Opportunity: Where Luxury and Value Collide
Po'ipu, HI (PRWEB) October 29, 2014 -- It’s a special time, in a special place. Brookfield Homes Hawaii recently broke ground at the newest and most highly anticipated neighborhood on Kauai’s South Shore. PiliMai at Po’ipu held an event that honored this new beginning with a traditional Hawaiian blessing performed by Kumu Sabra Kauka.
These new luxury townhomes overlook the majestic Kiahuna Golf Course and are surrounded by not only the grandest of upland vistas, but also the pristine waters of Kauai’s South Shore. PiliMai is where luxury meets adventure: spend the day exploring all that Kauai has to offer, then come home to PiliMai and be enveloped in indulgence and luxury. This is the moment you have waited for--to finally discover the tranquility and peace that PiliMai has to offer.
PiliMai will benefit those looking to reside on Kauai and those looking for vacation property. According to Hawaii Economist Paul Brewbaker of TZ Economics, “Kauai’s housing market has steadily recovered value in the rebound of home prices during the last several years.” Mr. Brewbaker added, “The relatively tight inventory and limited production could make it a good time to be selling (or investing) into rising demand."
Due to the scarcity of new homes in Po’ipu and Koloa, PiliMai will provide a much needed housing option. Taking into consideration the unique history and cultural richness of the area along with the diversity of nearby amenities, PiliMai has achieved the perfect balance.
“There’s a tight leash on new homebuilding, and an even tighter leash on visitor accommodations, so PiliMai is an attractive real-estate opportunity,” said Jeffrey Prostor, president of Brookfield Homes Hawai’i. “Amid the climate of rising consumer confidence, relatively low mortgage interest rates and low inventory we‘ve been very pleased with the strong demand at PiliMai,” added Prostor.
PiliMai townhomes will present a limited offering of two, three, and four-bedroom luxury opportunities. Priced in the low $600,000 to upper $700,000 range, PiliMai at Po’ipu offers far more value overall than most other Kauai real estate options. The remarkable response to PiliMai confirms that a great deal of stifled demand for new housing is occurring on Kauai, especially in Po’ipu, a highly desired resort community known for its breathtaking beaches, fine dining, shopping, and exceptional golf opportunities.
Construction on PiliMai has begun and savvy homebuyers seeking a new luxury home in Po’ipu are encouraged to contact Brookfield Homes Hawaii at (808) 356-2020, on the Web at http://www.brookfieldhawaii.com/pilimai/.
Laura K. Kinoshita, Kinoshita Communications LLC, http://www.kinoshita-communications.com, +1 877-239-3067, [email protected]
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