Chirripo Valley Home

Location:
Chirripo
, San Jose
C
Overall Rating

Property Type: Villa

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Rental Grade

  • Rentability:

    C+

  • Avg. Daily Rate:

    C

  • Occupancy:

    C+

Location Grade

  • Beach:

    A+

  • View:

    B+

  • Location:

    B+

Property Details

Bedrooms:
5
Bathrooms:
3
Land Size:
13759.3 sqm
Constr. Size:
88 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$219,000 USD

Renovation Costs:

$75,000 USD

ROI:

-0.5 %

Chirripo Valley Home Overview

From the Vacation rental data and derived from properties nearby of comparable status, this property could charge an average daily rate of maximum $125 and could achieve an occupancy of roughly 30%. Based on this, the returns would be roughly $14,533.13, or a -0.5% return.

Chirripo is not a tourist destination for foreigners, but for mainly locals that decide to hike the highest point in Costa Rica. This would have to be remodelled and then marketed as a retreat or lodge for people going on the hike or bird watching. With proper management and marketing with a good remodel this could be very lucrative and perform well.

Those figures are based off the real rental performance of comparable properties near by.

Location Map