If you are interested to know why others are buying property in Kauai and Hawaii, then, here's the secret - the property market is showing a lot of movement. People find that their dream homes cost a lot lesser than they did a couple of years ago. Interest rates are favorable too. But, is Kauai really worth the investment?
Kauai has long been a dreamland of sorts for nature lovers, golfers, beachcombers, water sport enthusiasts, vacationers and retired folks. Here are some of the reasons to consider buying Kauai homes for sale:
Kauai is a stunningly beautiful place to live in. No high-rises to block the view, only waterfalls and coconut palms. Spectacular beaches beckon throughout the year. The temperature is moderate and cool trade winds keep the temperature well under control throughout the year. If it's a paradise you're looking for, Kauai sure has the trappings of one. Since 2000, Kauai has witnessed property values increasing above the national average in the US. For instance, in 2000, a single family home in Princeville fetched $334,200. The same home cost $879,000 by the end of 2007. There are two main reasons for this: limited property development and the increased inflow of baby boomers into Kauai. Kauai is located in Hawaii. Any resident of Hawaii enjoys sizeable tax deduction for the value of the home. If you are over the age of 65 years and your annual income is lesser than $50,000, then you can enjoy still larger tax benefits. No wonder retired folks feel more than welcome in the Hawaiian Islands. Also, there are no other county taxes to pay in Kauai besides the คอนโดมือสอง property tax. So, if you are a homeowner, you enjoy huge tax benefits. Kauai is an ideal place for people who have a particular requirement when it comes to employment. With internet access allowing many people to work from home, professionals of a certain age are discovering that they can have the best of both worlds. Besides, business opportunities are increasing. Unemployment rates are well below 3% in Kauai Another attractive feature of Kauai is the low crime rate prevalent here. Neighborhoods are considered quite safe. In fact, many people do not lock their homes in Kauai. There are abundant opportunities for outdoor activities. So, people who like to surf, jog, snorkel, kayak, walk and paddle, among other things are right at home in Kauai. Kauai also provides several facilities like abundant number of schools, medical facilities and so on. In fact, Kauai attracts some of the best physicians from around the world. This makes it a great place to stay. With development happening rapidly, homes are being built using cutting edge technology. In most homes, there is no need for air conditioners and heating. Louvered windows may be drawn to let the winds in and keep the home cool. Homes are tastefully built and upper end homes have luxurious facilities.
Another important reason people are looking to buy properties in Kauai and much of Hawaii is that real estate prices have been falling for quite some time now.
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