Punta Mala Norte

Location:
Tamarindo
, Guanacaste
C
Overall Rating

Property Type: Condo

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Rental Grade

  • Rentability:

    B+

  • Avg. Daily Rate:

    B

  • Occupancy:

    C

Location Grade

  • Beach:

    A+

  • View:

    C+

  • Location:

    B+

Property Details

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

Investment Info

Price:

$339,000 USD

Renovation Costs:

$30,000 USD

ROI:

2.25 %

Punta Mala Norte Overview

Property Description:

Condo Las Gaviotas is within walking distance from Tamarindo Beach and downtown Tamarindo, a little outside of the dense residential area. The condo is sold fully furnished, making it move-in or rental-ready. There are low HOA fees ($200 per month), that cover access to the common areas, including a pool and BBQ area. The condo is a corner unit on the 1st floor.

Condo Las Gaviotas is near many other condominiums in Tamarindo. There are no vacation rentals listed in the same condominium, but from using comparable properties in nearby condominiums we are assuming the property can achieve a daily rate of $120, and an occupancy of 50%. That is around a 2.25% return on investment, and a return roughly $25,000.

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