Casa Tucan
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Rental Grade
Rentability:
C+
Avg. Daily Rate:
B
Occupancy:
C+
Location Grade
Beach:
A+
View:
C
Location:
C+
Property Details
Investment Info
Price:
ROI:
Casa Tucan Overview
Property Description: Casa Tucan – Contemporary Comfort in Monte Hermoso
This is a custom-designed home within a condominium, it has 4 bedrooms and 2 ½ bathrooms, floor-to-ceiling windows and sliding patio doors flood the space with natural light, a private pool, and a covered outdoor living area. Located in Monte Hermoso, a private gated community with 24/7 security. The property is a few minutes from Playa del Coco and Playa Hermosa, but not a walkable distance which restricts its rentability and attractiveness as a vacation rental investment.
Due to the property’s location, it will be difficult to attract a lot of demand, and therefore compete with other properties in Coco. Assuming one could get $180/night with a year-round 50% occupancy rate, one could expect to see a return between 2.5% and 3.5% a year, ($38,000) in the first year.