The island of Kauai

[WVBaker]

Knowing nothing about timeshares located in Hawaii, any opinions would be a big help.

A friend would like to gift a timeshare to me which is located on the island of Kauai. Not being able to travel that distance for medical reasons, I would be looking at this as a rental unit only. I have no idea what the tourism prospect is for that island, not being the "big island". Compared to other tourist destinations and from what I can see, there doesn't seem to be much to attract many tourist. I believe it's at Sweetwater at Kauaia and a fixed week 52, but do that many people travel to Hawaii for Christmas and New Year?

Any thoughts would be appreciated. Thanks

 

[DaveNV]

Kauai has a lot of timeshares. So you'd be competing with all the others who also want to rent their timeshare. Christmas is popular in Hawaii, but again, there are a lot of timeshares in Hawaii, and a lot of people trying to market their time there at that time of year. The Sweetwater shares grounds with the Ali'i Kai resort, on a clifftop in Princeville. Pretty scenery in a beautiful area, and a nice part of the island, but it's more of a destination resort area, than one you might use to explore the island. It rains a lot on Kauai, and the north end, where that resort is located, gets a lot of rain at that time of year. There are no beaches close by. For the maintenance fees required to own there, unless you have a great reason to want to take this on, I'd pass on it.

My two cents: Buy something with a beach out front, and your odds of renting will go up considerably. YMMV.

Dave

 

[DeniseM]

Week 52 is very popular for rentals, but the location of this timeshare is mediocre, the quality of the property is average, Kauai isn't as popular as Oahu or Maui, and there are a ton of condo and timeshare rentals in Princeville. I'd pass.

 

[slip]

That is a very popular time of year but since you won’t use it, I would pass also.

 

[TheTimeTraveler]

If you have medical reasons for not traveling then why would you want to take on the financial liability of something so far away? Timeshares are generally (but not always) a poor investment option, and more headaches than it's worth. I agree with DeniseM; you should take a pass.



.

 

[TheTimeTraveler]

Double post deleted.....

 

[artringwald]

If you check out rental prices for the property you may be acquiring, you're likely to find out that they barely equal the maintenance fees. It's not worth the trouble as an income generator.

 

[WVBaker]

Thanks everyone for the insight it really helps.