Cielo Mar 3

Property Description: Cielo Mar 3

This property is a three-story condo with views of the Pacific Ocean in Playa Penca, Guanacaste. With 180 m2 of living space, there are 2 bedrooms and 2.5 bathrooms, with 4 other condos next door. At ground level, there is a guest bedroom, full bathroom, and asitting area, with patio doors that open onto a private outdoor area, with the shared pool and jacuzzi just beyond. On the second level there is an open area with a fully equipped kitchen, dining room, and a covered terrace. On the third floor there is the master suite, ensuite bathroom and covered terrace. The condo has walkable access to Playa Potrero and Playa Penca but would require a car to get to large towns near by such as flamingo.

The Condo next door is currently listed on airbnb, and assuming one can achieve similar or better results, with an investment of $60,000, one could achieve a daily rate of $200, and an occupancy of at least 55%, the estimated return is $47,000 in the first year, or between 6.5% and 7.5%.