3 Units of 2 bedroom apartments Ojochal
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Rental Grade
Rentability:
B
Avg. Daily Rate:
B+
Occupancy:
B+
Location Grade
Beach:
A+
View:
C
Location:
B+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
3 Units of 2 bedroom apartments Ojochal Overview
Property Description: 3, 2-bed apartments in the centre of Ojochal
These 3, 2-bed apartments are located in Ojochal, (South Pacific coast) and are a short drive from some popular beaches (Playa Ventanas, Tortuga, Marino Ballena, Hermosa) and restaurants in the centre of Ojochal. Each apartment is newly renovated and fully furnished with modern amenities. The property also includes a separate 2-bedroom owner’s house. Outside, there is a large patio area, a large garden, lots of parking and a large pool. Around the perimeter, there are lots of fruit trees and jungle.
The project has a projected ROI of between 5.00% to 6.00%, (roughly $65,000) assuming $10,000 is invested to decorate the property to make it more suitable as a vacation rental, and one can achieve at least $125 a night per apartment, and a 55% occupancy rate year-round.