6 Bedroom villa in Playa Grande

A
Overall Rating

Property Type: Development Opportunity

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Rental Grade

  • Rentability:

    A+

  • Avg. Daily Rate:

    A+

  • Occupancy:

    A

Location Grade

  • Beach:

    A+

  • View:

    B+

  • Location:

    B+

Property Details

Bedrooms:
6
Bathrooms:
4.5
Land Size:
768 sqm
Constr. Size:
0 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$1,299,000 USD

ROI:

10.2 %

6 Bedroom villa in Playa Grande Overview

Property description:

This is a listed development opportunity so not yet built nor has construction started. Playa Grande is a high end area and many of the 6 bedroom homes are listed in the thousands of dollars for a nights stay in the vacation rentals. This analysis has been conservative and has assumed a $800 a night average over the entire year, with an occupancy of 70%. These assumptions follow the trends of a 6 bedroom modern home 1 minute away from the Playa Grande beach front.

There is no information of the size of the development, but costs for furniture are not included in this analysis which could add on a decently large amount to the total cost, thus reducing the return on investment for the first year.

Location Map