Los Suenos 2, Unit 8

B
Overall Rating

Property Type: Condo

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Rental Grade

  • Rentability:

    B+

  • Avg. Daily Rate:

    B

  • Occupancy:

    B+

Location Grade

  • Beach:

    A+

  • View:

    C+

  • Location:

    B

Property Details

Bedrooms:
2
Bathrooms:
2.5
Land Size:
99 sqm
Constr. Size:
99 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$289,000 USD

Renovation Costs:

$10,000 USD

ROI:

4.4 %

Los Suenos 2, Unit 8 Overview

Property Description:

Los Sueños 2, Unit 8 is in Tamarindo, slightly west of the centre of town and the beach, around a 5 minute walk from both. Los Sueños 2, Unit 8 is a two-story building townhouse inside of a condominium, with a central pool in-between all the properties. It is fully furnished and is currently being rented out as a long term rental.

Comparable properties in the condominium and the condominiums surrounding are achieving a daily rate of roughly $135 a night, so assuming one could achieve this rent with an occupancy of at least 55%, the return would be roughly $30,000 . This is between a 3.5%-4.5% return on investment in the first year.

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