Maui Vacation Rentals - Buyer and Renter Beware!

Posted by Start An Offer on Thursday, September 20th, 2018  8:30am.


Maui Vacation Rentals - Buyer and Renter Beware!

Local Resident Eric Reviews the Best Maui Hotel & Condo Resorts. The Best Places to Stay on Maui. Who will win the Award? Will it be the Grand Wailea, The Four Seasons, Farimont Kealani, The Ritz Carlton or The Montage. I also review the best beach front condos on Maui. To see a list of the approved short-term vacation home and cottage rentals click here http://www.hawaiirealestate.org/blog/maui-vacation-rentals-buyer-and-renter-beware.html

People are talking about Maui! Explore guest hotel reviews featuring "Maui" Grand Wailea Resort Hotel & Spa, A Waldorf Astoria Resort. “The great service from the staff. Aston Maui Kaanapali Villas. Residence Inn by Marriott Maui Wailea. The Mauian Hotel. Napili Sunset Beach Front Resort. From luxurious hotels and resorts to private vacation rentals, find the perfect place to stay on Maui for your vacation to the Hawaiian Islands.U.S. News & World Report ranks the 16 best hotels in Maui based on an analysis of industry awards, hotel star ratings and user ratings.▶ Check out my gear on Kit: https://kit.com/hawaiisbest1

https://www.montagehotels.com/kapaluabay/
https://www.grandwailea.com/
https://www.honuakai.com/
https://www.kaanapalialii.com/maui-rental-specials/
http://www.thewhaler.com/
https://waileaekahivillage.com/
http://www.makenasurfresort.com/
Permitted Bed and Breakfast Maui https://www.mauicounty.gov/DocumentCenter/View/11127/Permitted-Bed--Breakfast-List-3312018?bidId=
Permitted Short Term Rentals
https://www.mauicounty.gov/DocumentCenter/View/14762/Approved-Short-Term-Rental-Homes-List-6302018?bidId=

 

Here is the full current law regarding short term vacation rental on Maui, Hawaii as of Sept 20, 2018

Key Points to Remember:

Don't rent a short term vacation home from someone on Maui unless you see the actual property address  one of these two links:

Permitted Bed and Breakfast Maui  (This permit is issued to owners who live full time in their Maui home or another home on the same property)

Permitted Short Term Rentals (This permit is issued to owners who do not live full-time in the permitted home or property)

Maui county is aggressively actively shutting down illegal short term vacation rentals, which could result in YOU losing your DEPOSIT money and having to find a new place last minute (which is almost impossible on Maui, especially in the Winter!)

If you are someone thinking about purchasing a home on Maui and then renting it out short term (think again)...the laws have recently changed and you should be very "buyer beware" that this is no longer possible unless you own the home for a minimum of 5 years (or you live full-time on the property and apply for the bed and breakfast permit) You are still subject to availability and the area the home is located still has permits available 

1) The license is NOT transferable. So if you purchase a home that current has a short term or bed and breakfast license, you will need to re-apply (after owning the home for 5 years unless you are living on the property full time as a Bed and Breakfast.) During that application process, you will not be able to legally rent out the premises for less than 6 months.

2) In order to apply for a Short Term License you must own the property for a minimum of 5 years.

3) Each area on Maui has a limit to the number of permits that will be issued as follows" 

Hana: 30.

Kihei-Makena: 100; with no more than five permitted short-term rental homes in the subdivision commonly known as Maui Meadows.

Makawao-Pukalani-Kula: 40.

Paia-Haiku: 88.

Wailuku-Kahului: 36.

4) Here are links to see exactly which homes have been issued permits and how many are still available for each area as of 9/20/18 

Permitted Bed and Breakfast Maui 

Permitted Short Term Rentals

5) The process of getting a license can take 3-6 months. Your odds of success are much greater if you hire one of the reputable consultants on Maui who can help. Feel free to call me at 808-298-2030 for a referral to one of the better ones. 

6) All improvements on the property must be permitted in order to get the license. 

Here is a full copy of the most recent Maui County Code