Casa Cola Ballena

Location:
Uvita
, Puntarenas
B+
Overall Rating

Property Type: Villa

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Rental Grade

  • Rentability:

    B+

  • Avg. Daily Rate:

    B+

  • Occupancy:

    B

Location Grade

  • Beach:

    A+

  • View:

    C+

  • Location:

    A

Property Details

Bedrooms:
3
Bathrooms:
2
Land Size:
647 sqm
Constr. Size:
263 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$599,000 USD

ROI:

6.3 %

Casa Cola Ballena Overview

From the Vacation rental data and derived from properties nearby of comparable status, this property could charge an average daily rate of $275 and could achieve an occupancy of 63%. Based on this, the returns would be roughly $65,000, or a 6.3% return. Those figures are based off the real rental performance of comparable properties near by.

This is a relatively new property in Bahia Ballena, Uvita. Uvita is one of the most popular locations in Costa Rica for airbnbs and has seen negative trends in ADR and Occupancy recently as the market continues to grow. This house looks as though it is of high quality and has enough space to add another bedroom where the driveway is. This massively helps with increasing the performance of your rental, as the general rule is the more beds there are, the higher the demand.

Without any changes or a USP this property will return you roughly 6-8% a year. This assumes that this property will be available to rent 365 days a year, as well as using a property manager to run the property for you.

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