Tortuga Arriba 3 Bedroom house

Property Description:

This 3-bedroom, 2-bathroom home with an ocean view is in the Turistico Tortuga community, Ojochal. The home is solid concrete block construction, with a large common living area and high wooden ceilings, and a fully equipped kitchen with solid wooden cabinets and granite counters. The bedrooms are generously sized with built-in wardrobes. The property has a large outdoor living space with covered areas, fans, and a swimming pool, with a low-maintenance garden. The property is located about a 10-minute drive from restaurants and grocery stores.

Using comparable vacation rentals in Ojochal and Tortuga, we’ve assumed that this house can average a daily rate of $200 and an occupancy of 50%. That is an annual return of roughly 2.7%, roughly $35,000. This assumes $25,000 in investment to refurbish and modernise the property.