Kona Reef is a luxurious condominium complex situated in Kailua Kona on the Big Island of Hawaii. The complex boasts of a prime location on the scenic Kona Coast, which is known for its stunning beaches, crystal clear waters, and spectacular sunsets. The Kona Reef is a popular choice among home buyers and investors alike due to its convenient location and a range of amenities that cater to modern living. The Kailua Kona condos offer a variety of floor plans that range from studios to two bedroom units. The units are designed to maximize natural light and breezes, with most units featuring lanais that offer breathtaking ocean views. The complex is built around a central courtyard with lush landscaping and a sparkling pool that invites residents to relax and unwind. The Kona Reef is known for its exceptional quality of construction and attention to detail. The units feature high end finishes and appliances, including granite countertops, stainless steel appliances, and hardwood floors.
The area is also known for its excellent snorkeling and diving spots, with many tour operators offering trips to explore the underwater wonders of the Kona Coast. The Kona Reef is also within close proximity to a range of amenities, including grocery stores, fitness centers, and medical facilities. The Kona International Airport is just a 15 minute drive away, making it easy for residents to travel to and from the complex. The real estate rental market in Kona Reef is strong, with many investors finding success in renting out their units to tourists and long term residents alike. The average rental price for a one bedroom unit is around $2,500 per month, while two bedroom units can fetch upwards of $4,000 per month. The buy market price for a one bedroom unit starts at around $500,000, while two bedroom units can range from $700,000 to over $1 million.
The complex also offers covered parking, elevators, and a secure entrance for added convenience and security. The Kona Reef is managed by a professional management company that takes care of maintenance, repairs, and other management tasks. The management company also handles rental inquiries, tenant screening, and lease agreements, making it easy for investors to manage their units from afar. The Kona Reef is a luxurious and convenient condominium complex that offers an exceptional lifestyle to residents and investors alike. With its prime location on the Kona Coast, high quality construction, and a range of amenities, the Kona Reef is a popular choice for those looking to invest in the Hawaii real estate market. With strong rental demand and high buy market prices, the Kona Reef is an excellent investment opportunity that promises to deliver strong returns for years to come.