Frequently Asked Questions: What is the difference between Leasehold and Fee Simple Ownership in Hawaii

Alaeloa: a rare gem, oceanfront and ocean view cottages in Napili, Maui

Why is there leasehold property? The History of Leasehold Property in West Maui:

With the development of the Kaanapali Resort in 1961 and later the Kapalua Resort in 1978, Maui became a vacation destination. As tourism flourished and became the mainstay of our economy, local landowners partnered with developers to build Leasehold condominiums on family-owned properties or on former agricultural land.  In West Maui, many local landowners saw this as a way to retain ownership of their land and derive income from the lease rents.  Leases were typically set for 99 years,

THE VILLAS AT KAHANA RIDGE: 10 Heather Lane #213, Kahana 

Price Reduced!

Featured Listing Video: 10 Heather Lane, Villas at Kahana Ridge #213 now offered at $478,000

Since it's development in 2005, the Villas at Kahana Ridge has become a popular choice for many full-time residents living and working in West Maui, as well as part-time residents.   Located just seven miles from Lahaina, between the Kapalua and Kaanapali Resorts, this quiet residential community is across the street from Kahana Gateway shopping center, close to restaurants, the Kapalua airport, and the beaches of Kahana.  A mix of two and three bedroom condominium floor plans, there are 117 residences in 8 buildings on 5 acres.

Villas at Kahana Ridge #213 is a ground floor,