The push to establish Kihei as a tech hub continues with Startup Weekend Maui officially scheduled for May 15-17. These developments are worth keeping an eye on, especially when it comes to buying real estate. Tech jobs generate strong revenue, overall, and stimulate the economy, which drives up both rental and real estate prices. These areas quickly become some of the most expensive places to live, but if you make your real estate investment beforehand, your property value is much more likely to increase.
Startup Weekend Maui is part of a broader effort that could end up drawing a lot of talent to South Maui. After all, few tech workers get to live in sight of white sandy beaches on Maui. Owning South Maui real estate is the logical choice for these high-earning professionals, if this is where they end up working.
The event itself will bring developers and entrepreneurs to the Maui Economic Development Board (MEDB) location in Kihei, and will kick off Friday night as they pitch their business or app ideas. After that, participants will form a team and build a product by Sunday evening.
This is the second year that Maui has hosted the event, thanks in large part to the sponsoring efforts of MEDB. The last event drew 60 participants, including designers and developers who work at a location on Maui or remotely for a tech company located elsewhere.
If you happen to be interested in participating, early bird prices start at $75 until April 15th, so you still have some time to develop your ideas, if needed. You can reserve your space and get more information at the Startup Weekend website.
We hope you've found this entry informative. If you need any assistance with your South Maui real estate search, you'll find our contact information at the bottom of the page. Mahalo!
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