River Front Casita in Dominical

Location:
Dominical
, Puntarenas
C+
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:

    A

Property Details

Bedrooms:
2
Bathrooms:
1
Land Size:
315 sqm
Constr. Size:
100 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$99,000 USD

Renovation Costs:

$20,000 USD

ROI:

2.0 %

River Front Casita in Dominical Overview

From the Vacation rental data and derived from properties nearby of comparable status, this property could charge an average daily rate of $85 and could achieve an occupancy of 45%. Based on this, the returns would be roughly $15,000, or a 2.0% return. Those figures are based off the real rental performance of other properties near by with similar features.

This typical Costa Rican home wouldn’t be a great investment, and being river front in Costa Rica isn’t necessarily a good thing. The ADR and Occupancy isn’t truly accurate, this property would probably would do worse than this. It would require serious re-investment to make it even an average investment. Dominical is a nice place to live, but as a vacation rental this property wouldn’t work.

Investment that is required is basically everything. The security would need to be higher, there also needs to be investment in the kitchen, in the garden, and the bedrooms. The property is in actually a decent area of dominical, but as mentioned there is a lot of investment needed to make this a viable investment.

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