Los Altos
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Rental Grade
Rentability:
B+
Avg. Daily Rate:
B+
Occupancy:
B+
Location Grade
Beach:
A+
View:
A
Location:
A+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Los Altos Overview
Property Description:
Los Altos second floor is in Manuel Antonio, around a 3 minute drive from Manuel Antonio Beach, and 5 from the National Park. Los Altos is a single storey condo in the Los Altos Resort with 3 Bedrooms, and 2.5 bathrooms, the Master bedroom having an ensuite. The property come fully furnished, but could do with some investment to boost its appeal to vacation makers. The property has ocean views, as well being walking distance to one of Manuel Antonios beaches.
The property is currently listed on Airbnb for $550 a night for the high season, and has an average rate of $460 a night year round with an occupancy rate of just below 50%. Assuming one could maintain these figures, the investment would return roughly $93,000 after renovations could be achieved. This is an 5.5%-6.5% return on investment.