We are now offering a spectacular one-bedroom suite on the seventh floor, lobby level, of the newly renovated and whole ownership Ritz-Carlton Kapalua on Maui. This suite (#1701) enjoys views of the ocean, golf course and mountains! click here to view the listing on our brokerage website.
More information is available at http://livingkapalua.com/
More information is available at http://livingkapalua.com/
(login: kapalua, password: owners - you can see the actual view under "spectacular views")
NO UNITS ARE CURRENTLY AVAILABLE FOR PURCHASE. Of the 107 suites that were offered for sale, all one-bedrooms were sold and the remaining two-bedrooms have been retained by the developer. The oceanfront penthouse also sold at $6.4M.
PRICES HAVE ALREADY INCREASED 5%. After the priority selection event and before opening to the public, the developer raised all prices 5%. Units were sold at the new prices. If units fall out, they will not be offered again immediately. The developer will retain the units until a future phase two launch and I've been told that it will be at a minimum 10% price increase.
THE HOTEL IS BOOKED FOR THE NEXT SIX MONTHS. The rack rate for these units is $600/night (I am not sure what the averagebooked rate is yet). That is very strong performance for this asset class.
Contact me at Ritz@OptimumWorld.com for more information.
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