Casa Mango

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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:
Renovation Costs:
ROI:
Casa Mango Overview
Property Description:
This villa is located above Playa Grande. The property doesn’t come furnished and would require the sofas, chairs, tables etc. The property doesn’t have a pool which is definitely a down side, but there is enough space on the land for one.
Using comparable vacation rentals in Playa Grande, we’ve assumed that this house can average a daily rate of $275 and an occupancy of 60%. That is an annual return of roughly 11.3%, roughly $65,000. For the properties location, although not in central Playa Grande the comparable properties in this area perform quite well, hence the more optimistic outlook for this analysis. This would increase with additional investment, most importantly a pool, and also maybe a guest house.