House of Winds #3
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Rental Grade
Rentability:
B+
Avg. Daily Rate:
B+
Occupancy:
C+
Location Grade
Beach:
A+
View:
A
Location:
B
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
House of Winds #3 Overview
This property is held back by its location, it is just too far out from the center, but it an ocean view property which is advantageous. It also has a jacuzzi which is a massive addition to the rental.
Playas del Coco is a very popular tourist destination, mainly because of the proximity to the Liberia International Airport. Although Playas del Coco isn’t a White sand beach, it is very close to other beaches which are slightly more private and pristine. A positive of the location of this property is that it would be closer to the main roads that take you to these other locations, but it is further away from the most local beach. This property would also more likely be quieter because there are less people around.
This property would end up doing OK as a short term rental if priced competitively. Pricing for a property like this is important, because it is very difficult to differentiate yourself from other rentals, so a lower price will give you an edge. The rental returns for a property like this will never be a outstanding, but it would be a great lifestyle investment that can return you 5-10% a year.