Lots 5,6,7 Residencial aqua dolce
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Rental Grade
Rentability:
A
Avg. Daily Rate:
B
Occupancy:
A
Location Grade
Beach:
A+
View:
A+
Location:
A
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Lots 5,6,7 Residencial aqua dolce Overview
As this is land, I used the average ADR from all the 1-2 bed properties in this location. These sizes were selected because of the size of the lot, as well as using the the surrounding properties for sale near by to confirm this would be an appropriate size.
The property has a clear view of the Volcano and in La Fortuna this commonly attracts more attention from renters, hence high occupancy rates and ADR for a small vacation rental. A well built, modern 1/2 bed home with a small pool and a view of the volcano may average a daily rate of roughly $125, and an occupancy of 70%. La Fortuna is one of the fastest growing vacation rental markets in Costa Rica and vacation rentals in La Fortuna have been performing very well in recent months.