Should You Keep Your Vacation Condo?
You’ve worked hard to own a vacation property, and have likely cherished it for many years. If you love it and can afford it, you should definitely keep it.
But what if...
Owning a vacation property can be rewarding, but it can also overwhelm you with bills, expenses, and the stress of being a landlord.
As you are probably aware, right now, there’s a serious change looming that could dramatically affect your property’s value, especially if it's on the Minatoya List, which is Maui's list of grandfathered vacation rental complexes.
County officials are actively considering a ban on vacation rentals in Minatoya List complexes, which comprise over 7,100 separate units. The ban is gaining strong political support due to the island's housing crisis.
Details are still being worked out, but if passed, thousands of owners just like you could lose the ability to legally rent their properties short-term.
And when that happens?
Our prediction is that many people will rush to sell at the same time.
When inventory floods the market, prices almost always drop, in some cases very quickly. We expect this inventory to affect the market beyond vacation rentals, putting pressure on prices in all residential categories, including hotel zoned condos, single family homes and owner-occupied complexes.
The good news for owners is the ban hasn’t passed yet, and even if it does, it looks like it will not be implemented immediately. However, I need to stress, if you think you will want to sell in the next few years, right now is the time to act.
If you wait until there are another 500 to 1,000 (or more) condos on the market, prices will certainly be lower, and you'll have a lot more competition.
But right now, even though values are slightly down, you have a good chance of protecting your existing equity instead of watching it evaporate.
We specialize in helping vacation rental owners just like you navigate the market, maximize their sale price, and walk away with the money they’ve earned.
Here’s what I can offer you right now:
✅ A free, no-obligation property valuation and market consultation. Know exactly what your home is worth today, in this market.
✅ A clear plan to prepare and position your property. Sell quickly and for maximum value, even if the ban passes.
✅ Guidance on how to protect your interests. Avoid the pricing pressure that’s coming when other owners decide to sell.
✅ Specific actions you can take. Easily and inexpensively upgrade the look and vibe of your condo so it appeals to a larger pool of buyers.
🏆 Experienced in selling high-value vacation rental properties in Maui.
📈 Proven marketing strategies that attract qualified buyers and command premium prices.
🤝 A trusted partner who’s looking out for your best interest, not just another quick sale.
Our clients routinely sell their homes faster and for more than average, because we take the time to understand your goals, market your property aggressively, and negotiate every dollar of value.
I know you didn’t buy your property just to watch its value be chipped away. Even if you’re not sure you’re ready to sell yet, the information I can share with you will help you make an informed decision, and keep you a step ahead of everyone else.
Complete our form or text me your property address at 808-281-1928 to request your free valuation. Make sure to include an email address.
No pressure. No obligation. Just the information and strategy you need to make the right choice for your investment.
Let’s talk today about how to protect your property’s value and position yourself for the best possible outcome.
Coldwell Banker is Hawaii's number #1 brokerage
Coldwell Banker is Hawaii's number #1 brokerage and Levi Mizel is a long-time Maui resident with extensive knowledge of the condo market, vacation rental regulations, and a ready supply of clients looking for Maui Real Estate.
If you are thinking of listing your condo or townhome, you owe it to yourself to talk to Levi and the team at Maui Property Experts first.
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Expert Market Knowledge
With extensive knowledge of Maui properties, recent closings, and price reductions, let Levi be your guide to selling for the best price in the shortest time.
Maui Resident Since 2001
Levi came to Maui in 2001. His long-time connections give him access, and his industry knowledge means he knows what Maui property is worth.
Long Time Property Investor
With a background in marketing, Levi knows how to attract the right buyer. A property investor since 1989, he has clients looking for condos, townhomes, and houses.
With the market changing, many vacation property owners are asking themselves if it's a good time to sell. To help you understand your options, ask yourself these five questions:
If you said yes to any of those questions, click the button and find out what your options are. You may be surprised.
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Levi Jonathan Mizel
RS-87213
Coldwell Banker Island Properties
1819 South Kihei Rd Suite D111
Kihei, HI 96753
Cell: 808-281-1928
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