Apartments Hermosa
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Rental Grade
Rentability:
B
Avg. Daily Rate:
B
Occupancy:
C
Location Grade
Beach:
A+
View:
C
Location:
B
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Apartments Hermosa Overview
Property Description: Apartments near Playa Hermosa, Guanacaste
Located 5 minutes from Playa Hermosa, Guanacaste (North Pacific coast). There are currently 6 of the 10 apartments available in the condominium, with additional units under construction. The condominium features an electric gate with individual control for each owner, there is a pool available for each apartment, and the property requires at least $10,000 of investment to decorate and furnish the apartment to a high enough standard for a vacation rental.
Each apartment is priced at $250,000 (negotiable), but not in the best area for vacation rentals. From comparable vacation rentals in the area, the return on investment is projected to be between 1.5%-2.5% with investment; this would return roughly $20,000 in the first year.