If you’re already a real estate investor or are thinking of investing in real estate, you may have considered buying land in Kona. Kona is an attractive option for many people who live outside of Hawaii.
Kona has different types of land available which can be used for diverse purposes. It’s important to note that if you are not a US resident or citizen, the purposes for which you’ll be permitted to use land in Kona will be different from those of a permanent resident or citizen.
Start A Farming Business
If you’ve always dreamed of owning your own farm, why not purchase land in Hawaii to accomplish this goal? There is land at in Hawaii that has been specifically set aside for this purpose.
You can sometimes find farmland that also has a property attached. This means that the people who you hire to care for your farm, will be able to live on that property.
It’s possible for you to live in your home country and still be able to invest in Hawaii in this way. You can visit Investinkona.com to learn more about purchasing land for recreational and travel investments.
Build Your Dream Home
What could be better than building your dream home in a tropical setting? Hawaii has lots of options for people who want to purchase land in order to build a home.
However, it’s important to note that if you want to purchase land in Kona in order to build your own dream residence, you have to be a US citizen or green card holder. If you’re a citizen of another country, you will not be able to purchase land for this purpose under the current laws.
Do Vacation Rentals
Any person can purchase land in Kona in order to build a property that they intend to use for vacation rentals. This can be a profitable venture, since Hawaii is an attractive destination for tourists.
If you purchase land in Kona in order to enter the rental market, it’s important to do your research before you start building. You also need to find out what type of land will be ideal for the goals that you have.
For example, since Airbnb is popular in many parts of the world you may be thinking that it would be a good idea to have a property for that purpose in Kona. However, laws have been passed in many of the Hawaiian islands which restrict the use of property for this purpose.