Kona Real Estate Questions and Answers
Here are plain answers to the questions buyers and sellers ask most about Kona real estate. This page covers common questions, lava zones, and moving to Hawaiʻi with pets.
Do you have a question that is not here? Call or text Maile Woodhall at (808) 482-5800. Maile is a Realtor who was born and raised in Kona. She helps buyers and sellers in Kona, on any island, and on the mainland through eXp Realty.
Common Kona Real Estate Questions
What is the difference between leasehold and fee simple?
Fee simple means you own the home and the land. Leasehold means you own the home or condo but lease the land under it for a set number of years. Ask how many years are left, what the lease rent is, and when it can go up.
What lava zone is Kona in?
The U.S. Geological Survey maps nine lava hazard zones on Hawaiʻi Island. Zone 1 is the highest hazard. Most of Kailua-Kona, Keauhou, and Holualoa sit in Zone 4. Parts of South Kona are in Zones 2 and 3. The zone can affect insurance and loans, so check each property and get an insurance quote early.
What is catchment water?
Some Kona homes are not on County water. They collect rain from the roof in a tank. Ask about the tank size, the filters, and how the water is tested.
Can I rent my Kona condo by the night?
Only if two things are true. The property is in an area where Hawaiʻi County allows short term vacation rentals, and the condo association allows them. Rules can change, so confirm with the County Planning Department.
What do condo fees cover?
It depends on the complex. The monthly fee may cover water, sewer, trash, building insurance, the pool, and yard care. Also ask how much the association has saved for big repairs.
Can I buy a home in Kona if I live on the mainland?
Yes. Many buyers tour by video and sign with a notary where they live. Hawaiʻi closes through a neutral escrow company.
Who pays the conveyance tax in Hawaiʻi?
The seller pays the State conveyance tax at closing. The rate goes up with the sale price, and it is higher when the buyer will not live in the home.
What is HARPTA?
When a seller is not a Hawaiʻi resident, the State has escrow hold back 7.25 percent of the sale price as a prepayment of tax. It is not the final tax. A seller can file for a refund of any extra.
Have a question that is not here? Call or text Maile Woodhall at (808) 482-5800.