Three Villas of La Josefina
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Rental Grade
Rentability:
B
Avg. Daily Rate:
B
Occupancy:
B+
Location Grade
Beach:
A+
View:
C
Location:
C
Property Details
Investment Info
Price:
ROI:
Three Villas of La Josefina Overview
Property Description:
These Houses are located in La Josefina, right in the middle of Huacas and Villa Real. The property comes fully furnished and is done so well, and has no HOA fees because it is its own compound. Although this area is not traditionally a very successful area for vacation rentals, the price for which is this listed and there being 3 different houses makes this investment interesting. As it is relatively cheap for 3, 3 bedroom houses the numbers work in this properties favour.
Using comparable vacation rentals in the area, we’ve assumed that this house can average a daily rate of $150 and an occupancy of 45%. That is an annual return of roughly 8.9%, roughly $80,000. This property is held back by its location and 45% occupancy is slightly optimistic.