Jungle Home Ojochal
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Rental Grade
Rentability:
B
Avg. Daily Rate:
C+
Occupancy:
B
Location Grade
Beach:
A+
View:
C
Location:
B
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Jungle Home Ojochal Overview
Property Description:
This property is a newly renovated jungle home, around 5 minutes walk from Ojochal’s centre. The property is surrounded by rainforest and has private access to a mountain creek with a small waterfall and swim hole. The house has three levels each level has views of the ocean, jungle, mountains, and the creek. The bottom level has a plunge pool and bedroom, the second; has a large kitchen and covered patio, and the third level is a spacious central area, bedroom, and “hanging shower” with jungle views.
The property is around 3 acres in total. Although not as modern as the other competing Airbnb in the area, this property still has strong potential for its location and views. Derived from other Airbnb’s in the area with similar attributes, we assume one can achieve a daily rate of $275, and occupancy of 50%, the estimated return is around $55,000, or between a 2.5% and 3.5% return on investment.