Casa Matapalo

Location:
Matapalo
, Alajuela
B+
Overall Rating

Property Type: Villa

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Rental Grade

  • Rentability:

    B

  • Avg. Daily Rate:

    B+

  • Occupancy:

    B

Location Grade

  • Beach:

    A+

  • View:

    C

  • Location:

    C

Property Details

Bedrooms:
4
Bathrooms:
4
Land Size:
10521 sqm
Constr. Size:
325 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$749,000 USD

ROI:

7.4 %

Casa Matapalo Overview

Property Description:

This villa is located very near the center of Matapalo, traditionally not a good location for a vacation rental. The property is fully furnished and has a pool with a good view for where it is. This property sticks out and might not perform as badly as the vacation rentals near by. It is very modern and looks very good at a reasonable price, hence why its returns are not terrible.

Using comparable vacation rentals in the area, we’ve assumed that this house can average a daily rate of $450 and an occupancy of 47%. That is an annual return of roughly 7.4%, roughly $85,000.

Location Map