Waikoloa Village is a beautiful town that offers breathtaking scenery, year-round warm weather, and an abundance of outdoor activities. However, like any town, it has its own set of pros and cons that you should consider before buying property.

Pros:
1. Location - Waikoloa Village is located on the west coast of the Big Island, offering access to numerous beaches, parks, and attractions.
2. Climate - Waikoloa Village has a year-round warm and sunny climate, perfect for those who enjoy outdoor activities.
3. Outdoor activities - Waikoloa Village offers an abundance of outdoor activities such as hiking, beaches, and golf courses.
4. Community - Waikoloa Village has a close-knit community that is welcoming to newcomers.
5. Potential rental income - Waikoloa Village is a popular tourist destination, so purchasing a property there could potentially provide rental income.

Cons:
1. Cost - The cost of living in Waikoloa Village is higher than the national average.
2. Natural disasters - Hawaii is prone to natural disasters such as hurricanes, earthquakes, and volcanic eruptions.
3. Isolation - The town is somewhat isolated from other areas on the island, so access to some amenities and services may be limited.
4. Limited job market - The job market in Waikoloa Village is limited, so finding employment opportunities may be challenging.
5. Tourist traffic - Waikoloa Village is a popular tourist destination, so traffic and crowds can be an issue during peak travel season.

These are just a few things to consider when evaluating whether or not to buy property in Waikoloa Village. Conduct thorough research and speaking with a local real estate agent to help make an informed decision.