Laurel 20

B+
Overall Rating

Property Type: Condo

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Rental Grade

  • Rentability:

    B

  • Avg. Daily Rate:

    B

  • Occupancy:

    B+

Location Grade

  • Beach:

    A+

  • View:

    C+

  • Location:

    B

Property Details

Bedrooms:
2
Bathrooms:
2
Land Size:
250 sqm
Constr. Size:
110 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$195,000 USD

ROI:

5.2 %

Laurel 20 Overview

This property is a good deal! There are a few other properties in this condominium listed for $15,000 more than this property and a very similar standard. Because of this you could invest the difference into the house to gain a competitive advantage and charge a higher ADR.

The location of this property is really the only thing holding back this investment, it is just slightly too far out from the local town and beaches (2 km, 7 mins by car). As Potrero and Flamingo grow, there will be more expansion into this area, but it won’t be quick.

Location Map