Casa Tucan

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.