Waikiki Condo Rentals Expert Guide: How to Secure Short-Term Approval in Oahu’s Premier Neighborhood

Condos in Waikiki with short-term rental approval

1888 Kalākaua Ave # C-307

**Table of Contents**

Quick Facts
Frequently Asked Questions
Resources & Links
For Buyers & Sellers

Quick Facts

• Average prices for a one-bedroom condo in Waikiki start at around $2,000 – $3,000 per month.
• Short-term rental approval rates vary between 30% to 80% in some cases.
• Properties close quickly, with 99% of condos sold within 5-7 days of listing.
• Buysing a condo in Waikiki can take months to a year due to high demand.
• Short-term rental prices per night can range from $50 to $100 depending on location and amenities.
• Popular short-term rental areas in Waikiki include areas at the high-end resorts like the Hilton Hawaiian Village.
• Short-term rental managers typically pay high service fees: $3,000 – $10,000 per month.
• Some short-term rental managers offer free security deposits, paying back within 30 days.
• Waikiki condos face high renters insurance premiums: $200 – $500 per month standard rates.

What is Short-Term Rental Accommodation?

Short-term rental accommodation refers to temporary or seasonal rental properties that are available for a limited period, usually ranging from a few days to a few weeks. In the case of condos in Waikiki, these properties cater to travelers, tourists, and locals who require accommodation for short periods.

Types of Condos in Waikiki

Studio Apartments

1-Bedroom Apartments

2-Bedroom Apartments

Frequently Asked Questions

Frequently Asked Questions:

Here is an FAQ content section about Condos in Waikiki with short-term rental approval:

**Q: What is a short-term rental approved condo in Waikiki?**
A: A short-term rental approved condo in Waikiki is a condominium unit that allows owners to rent their unit to guests for a period of less than 30 days. This type of rental is ideal for tourists and travelers visiting Waikiki for a short period of time.

**Q: Why are short-term rentals popular in Waikiki?**
A: Short-term rentals are popular in Waikiki because they offer visitors a more affordable and flexible alternative to traditional hotels. Many travelers prefer the comfort and convenience of staying in a fully furnished condo with kitchen and laundry facilities.

**Q: What are the benefits of buying a short-term rental approved condo in Waikiki?**
A: The benefits of buying a short-term rental approved condo in Waikiki include generating rental income, potential long-term appreciation in property value, and the ability to use the condo for personal use when not rented.

**Q: Are there any restrictions on renting out my condo in Waikiki?**
A: Yes, there are restrictions on renting out your condo in Waikiki. The City and County of Honolulu has laws regulating short-term rentals, and condo associations may also have their own rules and regulations. It’s essential to research and comply with these rules to avoid any penalties or fines.

**Q: How do I find a short-term rental approved condo in Waikiki?**
A: You can find short-term rental approved condos in Waikiki by working with a real estate agent specializing in Waikiki properties or by searching online for condos with this specific amenity. Be sure to verify the condo’s short-term rental status with the seller or condo association before making an offer.

**Q: Can I rent out my condo in Waikiki through services like Airbnb or VRBO?**
A: Yes, many short-term rental approved condos in Waikiki allow owners to rent out their units through online platforms like Airbnb or VRBO. However, it’s crucial to review and comply with the condo association’s rules and regulations regarding third-party rentals.

**Q: Are there any taxes or fees associated with short-term rentals in Waikiki?**
A: Yes, as a condo owner, you will be responsible for paying taxes on your rental income, including the Hawaii Transient Accommodations Tax (TAT) and General Excise Tax (GET). You may also need to pay fees to the condo association or property management company for services related to the rental of your unit.

**Q: How do I manage my short-term rental condo in Waikiki?**
A: You can manage your short-term rental condo in Waikiki by hiring a property management company or handling the rentals yourself. Many condo owners in Waikiki choose to work with a property management company to handle tasks such as marketing, booking, and guest services.

Resources & Links

Please be aware that providing specific clickable URLs for real estate listings would be outdated quickly. Inventory changes constantly.

However, here are 5 examples of the types of links you might find for condos in Waikiki with short-term rental approval:

1. Waikiki Condo Rentals
2. Short-Term Rental Condos in Waikiki (Airbnb)
3. Waikiki Condos with Short-Term Rentals (VRBO)
4. Waikiki Condo Rentals (Hawaii Business Realty)
5. Waikiki Condo Listings with Short-Term Rental Status

**Remember:** When looking at listings, always carefully read the property details and rental terms to confirm short-term rental approval.

New Listings & Properties for Sale in Condos in Waikiki with short-term rental approval

Legal Oahu Short Term Vacation Rental Condo List

Apartments for Rent in Waikiki Honolulu, HI – Home Rentals

Short-term Rentals in Waikiki – tom presler

Short-Term Rentals

Photos of Condos in Waikiki with short-term rental approval