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Newly Remodeled: Waikiki Sunset On The 19th Floor!
Posted by Ali'i Beach Rentals | Friday, September 13, 2019


Our Waikiki Sunset 1 Bedroom on the 19th floor A, has been newly remodeled and furnished and can now sleep up to 5 people!

This condo is perfect for families or anyone looking to stay on Oahu for longer than 30 days. This condo has everything you need – brand new flooring, bedding, and furniture. It is also located in a great area of Waikiki! Close to the beach, restaurants, and lots of shops. Did we mention the building also has a swimming pool?!

Click here to see more pictures and to view availability on our website!



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Things To Do: Sunset On The Beach
Posted by Ali'i Beach Rentals | Friday, September 6, 2019


Looking for something fun to do next weekend? Saturday, September 14th, 2019 from 4:30 pm - 9:30 pm at Queens Beach (Waikiki) – Southwest Airlines presents: Sunset on the Beach!

They will be featuring the movie UP! There will live music, games, food booths, photo ops and more. The movie begins at 7:30 pm after sundown. Did we mention it is FREE?!

 

 



Family Friendly Waikiki

New Two Bedroom Ilikai Hotel Vacation Rental!
Posted by Ali'i Beach Rentals | Friday, August 30, 2019


Our newest vacation rental was newly remodeled, so you can be the first to stay in it! This two-bedroom condo comfortably sleeps up to 6 people perfect for your next family vacation, or getaway with your group of friends. If you are not familiar with the iconic Ilikai Hotel, it is in a great location very close to the beach, shopping, restaurants and more! The dining at the Ilikai is top-notch! The famous among locals and visitors alike, now our guests are lucky enough to have Cinnamons right in the hotel. Open daily from 7AM to 9PM. The Aroma Cafe, enjoy authentic, high quality, Italian coffee at the Ilikai Hotel. Open daily from 6AM to 4PM. Other features include the free Friday night live music and Hula Show in the Ilikai courtyard from 6PM to 8PM and the free Friday night fireworks display in front of the Hilton Hawaiian village next door at 7:45PM. The fireworks are viewable from the Hilton Hawaiian village lagoon, which is right as you exit out the back walking path from the Ilikai. Also, the Hilton Hawaiian Village lagoon is for the public and is a great feature for the kids! Did we mention there are two swimming pools at this hotel?! You can view the availability and more pictures of our Ilikai 2 bedroom on the 8th floor here



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Brand New 1 BD, 1BA Condo at the Ilikai Hotel
Posted by Ali'i Beach Rentals | Friday, August 23, 2019


A lot of our guests enjoy staying in our Ilikai Hotel Vacation Rentals! Probably because of its great location, accessibility, and plenty of restaurants and shops in the lobby, and you can walk to Waikiki from the beach! The hotel next to the Ilikai puts on a fireworks show every Friday night and depending on which unit you are staying in, you can see the fireworks right from your balcony! This 1 bedroom, 1 bathroom apartment has a Marina and Oceanview, a newly remodeled kitchen, a King size bed, and a sofa sleeper so it can comfortably sleep up to 4 people! Most people think that because this apartment does not have a door that separates the bedroom from the living room that it should be called a studio, that is not the case. According to the MLS this is a legal 1 bedroom condo because of its size and full kitchen. To view more pictures and check availability check it out on our website here



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But first, Coffee!
Posted by Ali'i Beach Rentals | Friday, August 16, 2019


If you are staying at one of our Waikiki Vacation Rentals and are looking for a local coffee shop to check out. You should check out one that I found just steps away from our office in Waikiki! Located on Lewers Street, this local coffee shop called Olive & Oliver boutique has great coffee, unique custom coffee cups (very Instagram worthy), and just an overall great ambiance. I ordered the chai latte, and it was really good. Next time I think I will try the lavender latte. I am always on the lookout for new places to try in Waikiki.



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Got Poke?
Posted by Ali'i Beach Rentals | Friday, August 9, 2019


Looking for a place to eat and not too far from Waikiki? If you love fresh fish or Poke bowls you have to check out Off The Hook Poke Market in Manoa! 

With lots of toppings and unique preparations to choose from, I highly recommend it. I love anything with ginger on it so I went for the Cold Ginger Poke topped with furikake, tempura puffs, green onions, and bright orange masago. 

You also have the choice of White Rice, Brown Rice, Green Salad or Sushi Rice to go with it. I went with the salad since I don't eat enough vegetables.

You can also check them out on Yelp to learn more: https://www.yelp.com/biz/off-the-hook-poke-market-honolulu

 



Hawaii Manoa Places To Eat Poke

Do You Own A Vacation Rental? You May Want To Read This
Posted by Ali'i Beach Rentals | Friday, August 2, 2019


We wanted to let you know about an important law that recently passed (Bill 89) which as of Aug. 1st, 2019 prohibits short term rentals (less than 30 days) in properties that are not in resort zoning or do not have what’s called a Nonconforming Use Certificate (NUC). Nonconforming Use Certificates run with a condo and allow a particular unit to be rented less than 30 days even though the building isn’t in resort zoning. The last NUC was issued in 1989 and no new NUCs are being Issued. It is very important to us that we follow this new law because the fines for breaking the law can be up to $10,000/night for violations and the owner is the one cited, not the property manager. 

That being said, we think this poses a unique opportunity. We can’t know for sure at this point, but we believe that the buildings that are predominantly short term rentals will begin to have a mass sell-off when owners begin to realize that they will no longer be able to do short term rentals in those buildings after Aug. 1st. It stands to reason that if the real estate market is flooded with sales in a particular building then property values will go down in that building. This Bill 89 is very new and we have not seen the effects in the market yet, so time is of the essence.

On the converse side, we think that property values in resort zoning or units with a NUC will appreciate in value because they will be the only properties left on the island that someone can do short term rentals in. Also, when the 10,000-20,000 illegal vacation rentals get shut down on the island because of Bill 89 we speculate that the nightly rate we can change for short terms rentals (less than 30 days) will increase significantly. Possibly even up to 50% by next year. Again we don’t know all this will happen for certain, but at this point, it seems likely. Again, Bill 89 is very new and we have not seen the effects in the rental market yet, so time is of the essence.

What does this mean for you? We are suggesting you reposition your investment in a property that we can do short terms rentals in. By doing so you might be avoiding decreasing property value for the property you currently own, purchase a property that is more likely to appreciate in value, and take advantage of the higher nightly rents associated with the legal nightly rentals that are left when the 10,000-20,000 illegal nightly rentals are shut down.

Don’t take our word for it! Please discuss this issue with your trusted Real Estate agent granted they are experienced with Vacation Rental Real Estate in Waikiki. If you don’t have an agent that meets these qualifications please let me know and I will refer you to one. We work with a few of the best Real Estate Agents on the island that specializes in this particular type of short term rental investment. We’ll work with whatever agent you choose and help to relocate your investment to a more profitable one. Nobody knows estimated rents better than us because we have multiple properties throughout Waikiki in all the buildings that are doing well.

If you or your agent would like to have a phone conversation about the implications of these changes please call our office at (808) 769-6800 ext. 4 and schedule an appointment to speak with a vacation rental expert, or you can fill out our contact form here. Mahalo!!

 



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