24 Plaza Carlota

A
Overall Rating

Property Type: Condo

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Rental Grade

  • Rentability:

    A+

  • Avg. Daily Rate:

    A

  • Occupancy:

    A

Location Grade

  • Beach:

    A+

  • View:

    A

  • Location:

    A

Property Details

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

Investment Info

Price:

$849,000 USD

ROI:

13.5 %

24 Plaza Carlota Overview

Property Description:

Las Catalinas is a small market, and there are only 7 other 3 bedroom Condos in the whole town. They all perform extremely well which is to no surprise. The property has partial ocean views, and is furnished tastefully.

Using all the comparable vacation rentals in the area, the condo will most likely achieve an average daily rate of $725 and an occupancy of 58%. Those figures are slightly conservative for Las Catalinas, but $725 a night would make this property a middle of the road rental in the area. That is an annual return of roughly 13.5%, roughly $ 170,000

Location Map