Art Vision

Location:
La Fortuna
, Alajuela
B
Overall Rating

Property Type: Villa

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Rental Grade

  • Rentability:

    C+

  • Avg. Daily Rate:

    C+

  • Occupancy:

    C+

Location Grade

  • Beach:

    A+

  • View:

    B

  • Location:

    C+

Property Details

Bedrooms:
3
Bathrooms:
1
Land Size:
1699 sqm
Constr. Size:
150 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$249,000 USD

Renovation Costs:

$25,000 USD

ROI:

6 %

Art Vision Overview

Property Description: Art house surrounded by nature

The home features an open kitchen and living room. There are two bedrooms with a shared bathroom and a small guest house on the grounds too. The property has a large service room as well as a large porch. This is a spacious house, with lots of natural light, and is surrounded by a large garden, lots of fruit trees and jungle. There is also a small creek on the property with a view of the volcano from the garden.

The investment does not include all furniture and needs roughly $25,000 in investment to be able to compete with the best performing vacation rentals in La Fortuna. It is well located in La Fortuna, and near all the restaurants and shops. If the $25,000 is invested in the property, and one can achieve at least 50% year-round occupancy and $150 a night per stay, a return between 6.50%-7.50% (roughly $35,000) is reasonable.

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