Oahu condos in your stated price range are going to shock you ... and I don't mean in a good way ... but I certainly wish you well in your search.
You know, you MUST be
very thoughtful and become
VERY informed -- but not all Leasehold condos are bad deals. Most folks don't even consider them because they want full Freehold ownership. For some people in retirement, who may be less concerned with leaving an estate value behind to heirs, as they are with quality of life for retirement years, Leaseholds can offer a good value. It is
critical that you find a highly knowledgeable and experienced financial advisor and realtor to help you do the analysis of Leasehold offerings, though. I can't stress that too much.
And, no, I am not a realtor, nor do I offer any referral to one.
good luck!