D1 The Enclave

Location:
Avellanas, Alajuela
B+
Overall Rating

Property Type: Condo

Rental Grade

  • Rentability:

    A

  • Avg. Daily Rate:

    B+

  • Occupancy:

    B+

Location Grade

  • Beach:

    A+

  • View:

    C+

  • Location:

    B

Property Details

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

Investment Info

Price:

$369,000 USD

Renovation Costs:

$15,000 USD

ROI:

9.9 %

D1 The Enclave Overview

Property Description:

Avellanas is a very under supplied area in terms of vacation rentals, especially when you look at which towns and cities surround it. The Enclave is a very new condominium south of the center of Avellanas, despite this, The Enclave has very modern homes which all perform well. This property is a 2 bedroom property, where the other properties in the condominium are all 3 bed, providing some advantage.

Using comparable vacation rentals in the same condominium, we’ve assumed that this house can average a daily rate of $265 and an occupancy of 65%. That is an annual return of roughly 9.9%, roughly $67,000.

Location Map

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