Apartment Playa Hermosa Mistico

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Rental Grade
Rentability:
B+
Avg. Daily Rate:
B
Occupancy:
B+
Location Grade
Beach:
A+
View:
B
Location:
B+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Apartment Playa Hermosa Mistico Overview
From the Vacation rental data and derived from properties nearby of comparable status, this property could charge an average daily rate of $130 and could achieve an occupancy of 50%. Based on this, the returns would be roughly $25,000, or a 2.8% return.
Those figures are based off the real rental performance of other properties near by with similar features. This property raises interest mainly due to its location. Mystico condominium is rather new and still coming up. It lacks some infrastructure which is why demand isn’t as high as expected yet (e.g. the beach club isn’t built yet).