Casa Luz Playas Del Coco

Location:
Playas Del Coco
, Guanacaste
C+
Overall Rating

Property Type:

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Rental Grade

  • Rentability:

    B

  • Avg. Daily Rate:

    B

  • Occupancy:

    C+

Location Grade

  • Beach:

    A+

  • View:

    C

  • Location:

    B

Property Details

Bedrooms:
3
Bathrooms:
3
Land Size:
468 sqm
Constr. Size:
148 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$295,000 USD

ROI:

4.8 %

Casa Luz Playas Del Coco Overview

Property Description: Casa Luz, Playa del Coco

This property is a few minutes’ drive from downtown Coco and the beach, the property has 3 bedrooms and 3 bathrooms. The lot is 468 square meters, and the home is 148 square meters. It is fully furnished with lots of windows with large vaulted ceilings. There is a laundry room and a guest bedroom with its own bathroom. There are 2 parking spaces under a cover with more space around.

There is an internal patio, but the property does not have a pool which it would greatly benefit from if used as a vacation rental. Due to the property’s location and lack of certain amenities, the property would require some investment to compete with other vacation rentals in Coco, a very popular holiday location.

Assuming no investment, an average daily rate of $150, and an occupancy of 50%, one could expect a return between 4.0%-5.0%, roughly a $28,000 return. This would increase greatly with a pool.

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