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Vacation Rental or Bust.

Vacation Rental or Bust

Home buyers and real estate investors often ask what properties can be used for vacation rentals on Oahu Hawaii.

The short answer would be to refer to the list below for potential investments, however many buyers and investors need a better explanation why they can’t rent their home or in-law suite as a vacation rental in a residential area.

Bill 41

On October 19, 2021 Bill 41 relating to transient accommodations was introduced by Honolulu City Council. This bill was enacted under the idea that reducing the number of tourists in vacation homes would resolve traffic, overcrowded beaches and affordable housing problems. The city Department of Planning and Permitting (DPP) introduced a revised vacation rental bill that has and will change the way many home owners use their properties.

In detail the bill reports month-to-month rentals anywhere outside of Waikiki, Ko’olina and Kuilima would be illegal. This would require that all rentals outside the three areas be 180 days (six months) or greater.

As a part of Ordinance 19-18, the DPP was required to create a set of enforcement rules through a public process. The resulting rules would become the legal administrative process that DPP would have to follow to shut down illegal operators. Currently this bill makes little distinction between shorter rentals (greater than 30 days but less than 180days) A vacation rental unit for tourists is typically less than 30days.

This bill seeks to improve on the Ordinance 19-18 by providing a more comprehensive approach to regulating transient accommodations and creating additional sources of funding for administering and enforcing short-term rental and transient accommodation laws.

Not all properties and home owner associations (HOA) permit daily rentals in the three resort areas. It is strongly advised to speak with a real estate agent to help you to determine the best property for you. Mahalo!

Oahu Short Term Vacation Rental Condo List

Aloha Surf Hotel
Year Built: 1968 Honolulu/Waikiki Price: $180,000 – $300,000
Kuhio Village II
Year Built: 1975 Honolulu/Waikiki Price: $65,000 – $228,000
Royal Aloha
Year Built: 1971 Honolulu/Waikiki Price: $104,500 – $395,000
Bamboo
Year Built: 1968 Honolulu/Waikiki Price: $250,000 – $380,000
Kuilima Estates East/West
Year Built: 1975
North Shore/Kuilima Price: $489,000 – $849,000
Regency At Beach Walk
Year Built: 1961
Metro Honolulu/Waikiki Price: $434,800 – $725,000
Beach Villas at Ko Olina
Year Built: 2007
Kapolei, Hi, 96707 Price: 1,895,000 – 3,150,000
2465 Kuhio At Waikiki
Year Built: 1971
Honolulu/Waikiki Price: $548,000 – $600,000
Seashore
Year Built: 1967 Honolulu/Waikiki Price: $120,000 – $325,000
Cabana At Waikiki
Year Built: 1965 Honolulu/Waikiki Price: $325,000 – $325,000
Kalakauan
Year Built: 1966 Honolulu/Waikiki Price: $129,000 – $269,000
The Ritz-Carlton Residences 2
Year Built: 2018
Metro Honolulu/Waikiki Price: $450,000 – $15,100,000
Hawaiian Monarch
Year Built: 1979
Honolulu/Waikiki Price: $118,000 – $789,000
Luana Waikiki
Year Built: 1971 Honolulu/Waikiki Price: $250,000 – $839,000
The Ritz-Carlton Residences
Year Built: 2014 Honolulu/Waikiki Price: $500,000 – $3,530,000
Island Colony
Year Built: 1979
Honolulu/Waikiki Price: $155,000 – $475,000
Marine Surf Waikiki
Year Built: 1968
Honolulu/Waikiki Price: $329,000 – $520,00
Trump International Hotel & Tower
Year Built: 2009
Honolulu/Waikiki Price: $360,000 – $4,950,000
Ilikai Marina
Year Built: 1968
Honolulu/Waikiki Price: $335,000 – $855,000
Niihau Apt Hotel Ltd Year Built: 1960
Honolulu/Waikiki Price: $330,000 – $330,000
Tradewinds Plaza
Year Built: 1979 Metro Honolulu/Waikiki Price: $239,000 – $380,000
Imperial Hawaii Resort
Year Built: 1967 Honolulu/Waikiki
Ocean Villas At Turtle Bay
Year Built: 1972
North Shore/Kuilima Price: $1,150,000 – $3,400,000
Waikiki Beach Tower
Year Built: 1983 Honolulu/Waikiki Price: $585,000 – $2,500,000
Ilikai Apt Bldg
Year Built: 1965 Honolulu/Waikiki Price: $465,000 – $2,988,000
Pacific Monarch
Year Built: 1980 Honolulu/Waikiki Price: $375,000 – $1,380,000
Waikiki Grand Hotel
Year Built: 1963 Honolulu/Waikiki Price: $230,000 – $390,000
Kuhio Village I
Year Built: 1975 Honolulu/Waikiki Price: $155,000 – $799,000
Palms At Waikiki
Year Built: 1970 Honolulu/Waikiki Price: $190,000 – $459,000
Waikiki Shore
Year Built: 1960 Honolulu/Waikiki Price: $1,250,000 – $5,500,000

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