Makawao is a charming and popular town on the island of Maui in Hawaii. There are several advantages and disadvantages to consider when purchasing real estate in Makawao.

Advantages:
- Natural beauty: Makawao is located in an area of the island that boasts stunning views of mountains and tropical landscapes. If you love nature, this town is an ideal place to live.
- Climate: The weather in Makawao is very pleasant with a year-round temperature that varies from around 65 degrees F to 85 degrees F. The island's location in the Pacific Ocean ensures there are warm and tropical conditions throughout the year.
- Cultural and recreational opportunities: Makawao is home to numerous art galleries, boutiques, and shops. Outdoor recreational opportunities are appealing, from hiking trails and breathtaking beaches to water sports, shopping, and dining.
- Investment potential: The tourist industry in Hawaii is very strong, and there is a high demand for vacation rentals and second homes in desired locations like Makawao. This gives real estate investors significant potential for profit.

Disadvantages:
- High cost of living: Hawaii in general and Makawao, in particular, has a high cost of living. Due to the area's remote location, many goods and services will have to be shipped in, so expect higher prices on everyday necessities.
- Limited job opportunities: Makawao is a small town, and local job opportunities are relatively limited. Most residents either commute to other parts of the island for work or work in the tourism industry.
- Natural disasters: Hawaii, like any island in the middle of an ocean, is at risk for natural disasters, including hurricanes, tropical storms, and earthquakes.

Overall, Makawao is a beautiful and thriving town with potential for investment, though it may have some downsides like high cost of living, limited job opportunities and vulnerability to natural disasters.