Hawaii leasehold condos and townhomes for sale

Here are some condos and townhomes throughout Oahu that are leasehold properties.  Please bear in mind, leasehold property owners pay lease rent in addition to their mortgage and taxes.  Lease terms must be longer than the mortgage, e.g. a lease must have 30+ years left for a buyer to obtain a 30 year mortgage on the property.  See our Hawaii leasehold property guide for more information.

Hawaii leasehold condo listings

221 Properties Found. Showing Page 1 of 19
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Leasehold condos and townhomes usually have lower initial purchase prices

When you see a listing with a price that's too good to be true, it's probably leasehold.  Leasehold properties can be bargains, but they just aren't as cheap as they appear.  For example, a 2-bedroom condo may be listed for $50,000, while comparable properties are listed for $300,000.  You can be sure that (for $50,000) it's leasehold.  And either the lease is nearly expired or the lease rent is very high (or both).  Some properties have lease rents of $20 per month, others have lease rents of $1,000 per month! And then there are maintenance fees on top of that.

Leasehold properties are harder to obtain financing on.  In other words, buyers with no downpayment and poor credit may have a hard time buying leasehold.  Buyers with CASH will have an easier time buying leasehold and everything else.

View all Oahu leasehold condo and townhome listings

This is a sample of the properties available.  Please fill out our contact form below to see more leasehold property listings.

Contact Mike Bates for buying and selling leasehold condos and townhomes

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Based on information from the Multiple Listing Service of the Honolulu Board of REALTORS®. active listings last updated on October 23rd, 2018 at 4:40pm HST. Information is deemed reliable but not guaranteed. Copyright: 2018 by the Honolulu Board of REALTORS®.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.