Wailea Elua Is Second To None

Wailea Elua Is Second To None

  • Mick St John
  • 08/16/22
Elua means ‘Two’ in Hawaiian, however, Wailea Elua is truly one of a kind. Some may find the Guatemalan translation more suitable, meaning “God”, which is exactly how you will feel when relaxing at this immaculately landscaped gated beachfront community. 
 
Located on the beautiful Ulua Beach, this private beachfront complex spans 24 acres of manicured lawns and gardens. Nestled away in breathtaking tropical greenery, Wailea Elua offers beautifully appointed one, two, and three-bedroom condominiums that feature fully equipped kitchens, open concept entertainment space, private lanai access, and ensuite washer and dryer. Not to mention the property has world-class amenities including two swimming pools, a whirlpool spa, gym, paddle tennis court, putting green, and BBQ facilities. 
 
As an investment opportunity, Wailea Elua typically brings in $550-$2,000 per night. This extreme price difference is varied based on the proximity to the ocean views and is dependent on the season. And with the average selling price being between $1.55M - $4.2M, your CAP rates (without a mortgage) would be 8-11%. Of course, with a mortgage it would be closer to 3-5%, no matter which way you go, having a Wailea Elua unit as an appreciating asset is an incredible opportunity.
 
The location of this piece of paradise could not be more perfectly situated in the heart of Wailea. It is easily accessible to the Shops of Wailea as well as Wailea Beach Walk - a ½ mile path that wanders Maui’s coastline to the most exquisite soft sand beaches, Hawaiian cultural sites, luxury seaside homes, and the infamous Wailea Blue Golf Course

 

Want to experience the unique Maui, Hawaii lifestyle? Contact Luxury Realtors Mick & Maggie to find residential homes, beach villas & luxury condos for sale on the island of Maui, Hawaii.
 
 
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