Shared Ownership Informantion
SHARED OWNERSHIP – YOUR SLICE OF PARADISE!
Is this Timeshare?
NO! It’s not Timeshare! It’s better than timeshare! Why buy just a week or two when you can own up to two months or more, for approximately the same price! This is actual real estate that provides you all of the privileges of ownership, like the luxury of owning a vacation condominium, at the Sands of Kahana, a premier, beach-front resort, on the best Island in the world.
MAUI NO KA OI
On Maui, affectionately referred to as “no ka oi” or “the best”, white sand beaches stretch for miles … the sun rises over Haleakala, the world’s largest dormant volcano, and sets over the Pacific Ocean, painting the earth and sky in a palatte of dramatic colors … and every day promises unlimited opportunities to rejuvenate body and mind. Now, you can enjoy the magic and romance of this very special island through the new Shared Ownership program at the Sands of Kahana.
This beachfront resort condominium is nestled on Maui’s west coast between the resorts of Ka’anapali and Kapalua. Koi ponds meander through gardens lush with fragrant blossoms, graceful trees and verdant lawns. Spacious apartments with private lanai offer breathtaking ocean views. Sporting and recreation activities abound at the resort, including two swimming pools, Jacuzzi, beach volleyball and three lighted tennis courts. The calm waters and sun-washed sands of Kahana Beach are ideal for snorkeling, surfing, windsurfing and sunbathing. A poolside restaurant serves delectable island specialties throughout the day. Sands of Kahana is truly one of Maui’s most outstanding vacation retreats.
For the first time ever, an incredible opportunity is being offered at Sands of Kahana. Shared Ownership enables you to own a luxurious vacation home and pay only for the time you use it. With this program, you can purchase a one-sixth undivided leasehold interest in the unit of your choice. For each shared interest purchased, you have the unit for two months a year. Imagine vacationing on Maui in your “home away from home” with family and friends. Or, if you prefer, you can rent or exchange any portion of your two months. Shared Ownership at Sands of Kahana is an affordable, convenient and flexible way to enjoy vacation home ownership at a luxurious resort condominium in one of West Maui’s best areas.
SEASON BY SEASON
When you purchase your shared interest, you choose the season “use period” that best meets your needs. Season “use periods” are 60 days in length beginning in mid-January and there are six from which to choose: Winter, Spring, Early Summer, Late Summer, Fall, and Holiday.
Shared Ownership is available at Sands of Kahana in a limited number of superior one, two and three bedroom units with dramatic views of the Pacific Ocean and neighboring islands of Molokai and Lanai. Sands of Kahana is ideal for families, with three bedroom units measuring more than 2,100 sq. ft. and amenities like a children’s pool and play areas. Prices start at just $54,000 (LH) and are based on unit size and season “use period.”
The Sands of Kahana is exactly what a vacation home should be: a worry free place to relax. Your Shared Ownership Association has hired a licensed and bonded property management company (Plan Manager) to oversee the affairs of your property.
Before you arrive, the Plan Manager will arrange maid service and required maintenance. In short, they will do all that is necessary to assure that your Maui home is ready for your enjoyment.
The Shared Ownership Association yearly proposes a detailed maintenance budget to assure you a quality operation and well-maintained condominium. This includes items such as management, insurance, Sands of Kahana Owners’Association dues, real property taxes, leasehold payment, utilities, accounting, and a reserve for replacements.
POWER OF EXCHANGE
The Shared Ownership Association is affiliated with Resort Condominiums International (RCI), the world’s largest vacation exchange program featuring over 3,200+ resort destinations. As an owner, you can deposit one or more weeks in RCI’s Spacebank Pool and request a week in a vacation home anywhere in the world. From Europe to the Caribbean, from South America to the South Pacific, you can travel wherever your mood takes you.
Shared Ownership is a unique opportunity to buy luxury accommodations on Maui. There are few condominium units available. Each provide an unspoiled, romantic view of Lanai, Molokai, and the Pacific Ocean with unsurpassed sunsets. Most importantly, each shared owner has the advantage of owning a prestigious second home while paying only for the amount that he or she will realistically use. Shared Ownership, your slice of paradise, is waiting for you!