Apartment Playa Hermosa Mistico

Location:
Playa Hermosa
, Puntarenas
B
Overall Rating

Property Type: Condo

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Rental Grade

  • Rentability:

    B+

  • Avg. Daily Rate:

    B

  • Occupancy:

    B+

Location Grade

  • Beach:

    A+

  • View:

    B

  • Location:

    B+

Property Details

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

Investment Info

Price:

$205,700 USD

Renovation Costs:

$25,000 USD

ROI:

2.8 %

Apartment Playa Hermosa Mistico Overview

From the Vacation rental data and derived from properties nearby of comparable status, this property could charge an average daily rate of $130 and could achieve an occupancy of 50%. Based on this, the returns would be roughly $25,000, or a 2.8% return.

Those figures are based off the real rental performance of other properties near by with similar features. This property raises interest mainly due to its location. Mystico condominium is rather new and still coming up. It lacks some infrastructure which is why demand isn’t as high as expected yet (e.g. the beach club isn’t built yet).

Location Map