Kauai Real Estate Update, Lihue Gets A Facelift, Airbnb Hawaii Tax Bill Gets Defeated

Kauai Real Estate SOLD and NEW listings Island Wide! Comments Off on Kauai Real Estate Update, Lihue Gets A Facelift, Airbnb Hawaii Tax Bill Gets Defeated

<img src=”image.gif” alt="kiahunaplantation“/>

In Escrow! Kiahuna Plantation Unit #45 went into escrow before it even hit the market! Click on the photo for details on this listing and call me if you are interested in purchasing a Kiahuna Plantation unit! Lynda Gill RS 808-346-0056

Kauai Real Estate Update 
For a complete list of what Sold, New Listings and what went into Escrow last week on the island click here: Kauai Real Estate Update April 22 to April 28, 2019

Poipu Beach Real Estate-to find out all the Real Estate activity in Poipu Beach since January of this year click here: Poipu Beach Current Market Analysis

Kiahuna Plantation Real Estate-In Escrow!  Kiahuna Plantation Unit #45 went into escrow before it even hit the market!  This is a ground floor unit located in building 9 and it’s had some nice updating. It’s listed at $200,000 (LH).  For all the real estate activity that has happened since January 1 of this year at the Kiahuna click here: Kiahuna Plantation Current Market Analysis

Visitor Arrival Up But Spending Down
Continuing the YTD trend of growth in visitor arrivals and declines in visitor spending, more visitors came to Hawaii last month compared to March of last year but they spent less, according to data by Hawaii Tourism Authority.
There was a 4% increase in March from the same time last year but visitor spending was down 2.3%.
The March numbers contributed to similar figures for the first quarter, which saw a 2.6% increase in visitor arrivals year-to-date to more than 2,540,000 and a 2.4% decrease in spending to $4.52 billion.

Hawaii Airbnb Tax Bill Fails
A bill that would have had Airbnb, and other similar vacation rental sites, collect the GE/TA tax on Hawaii vacation rentals and pay directly to the State of Hawaii did not pass the Senate.  The vote was 12 for it and 12 against it with one member excusing themselves.
This is the fourth time that Legislature has tried to get directly to the online sites for their money instead of waiting for the owners to send in their payments.
With all the condominiums and homes in the state that directly rent out their properties the GE/TA tax on nightly rentals is big money and the Legislature would like to streamline and control what they are getting by hooking directly up to the site themselves to insure the accuracy of the payments.  For now it’s a no go for them.

Marriott Takes Aim At Airbnb
In more Airbnb news Marriott International is entering into the home rental arena.  They will be offering over 2,000 homes in 100 destinations across Europe, Caribbean and the U.S.A.
The “Homes & Villas” platform allows Marriott to give their clients the “space and amenities of a home backed by a trusted travel company” they said.

Photo Of Albizia Tree On Kauai

Legislation Allows Neighbors Albizia Trees To Be Cut Down
You’ve seen them, the Albizia trees that all over Kauai.  They look lovely but the are considered to be a bit of a menace.  These fast-growing trees can reach 150 feet and have brittle branches prone to breakage with no warning, especially during high winds and tropical storms, blocking roads and causing power outages.
If you have been on the South Side of Kauai you might have noticed a lot of clearing going on by Tree Tunnel road and on the highway going towards Lihue.  That’s because the Hawaii Invasive Species Council approved a plan to clear the trees on Kauai, Oahu, Maui and the Big Island.
Last Monday Act 13 was created from Senate Bill 464 and under this new law a property owner or agent can go on neighboring property and remove an Albizia tree.  They first must consult with a certified arborist to confirm that the trees’ condition could become hazardous. They must also have tried, unsuccessfully, two or more times to contact the owner and also have given written notice to the owner before accessing the property.

Downtown Lihue Gets Revitalized
Lihue is going to undergo a change that will bring walkability back to the streets. The project is funded by a federal grant from the Transportation Investment Generating Economic Recovery (TIGER) program. This had first been talked about 5 years ago and now it’s coming to fruition in two parts.
The County of Kauai was awarded $15.1 million and will contribute $2 million of the counties funds. The work is to be completed by December.

Some of the work to be done includes streetscape improvements, safer pedestrian crossings, and about 80 dedicated on-street parking. A new transit hub on Eiwa Street and the conversion of streets to add bus stops, shelters, pedestrian promenade, parking and bike lanes. Rice Street will go from four lanes to three. Sidewalks will be added on various streets and public restrooms as well.

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