Casa Alice PLAYA MARBELLA
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Rental Grade
Rentability:
B
Avg. Daily Rate:
A
Occupancy:
B
Location Grade
Beach:
A+
View:
C+
Location:
B
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Casa Alice PLAYA MARBELLA Overview
Property Description:
Although not in the most popular part of the Coco Area, this property has a few features which make it stick out, and the comparable vacation rentals perform quite well. The pool area is definitely one of the best features of this property, along with the roof terrace. The only addition these properties need is new furniture hence the $10,000 for new chairs and other features.
Using comparable vacation rentals in the area, we’ve assumed that this house can average a daily rate of $375 and an occupancy of 50%. Those figure are actually slightly lower than some of the other comparable vacation rentals, but for the main reason the other are luxury villas different to this property. The annual return would be roughly 8.1%, roughly $75,000.