Condo In Playa Azul
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Rental Grade
Rentability:
B
Avg. Daily Rate:
B
Occupancy:
B
Location Grade
Beach:
A+
View:
A+
Location:
A
Property Details
Investment Info
Price:
ROI:
Condo In Playa Azul Overview
This is a very well priced condo, probably one of the cheapest ocean view condos you’ll be able to find on the market currently. This is why we think this is an decent investment. Ocean view is always in demand, and with a pool, quick beach access, and enough space for activities, this condo is very well equipped.
The issue is it’s location. Playa Azul is right in the middle of Tamarindo and Nosara, and not really near any large town or multiple great restaurants. It is a drive away from those locations and therefore not everyones first pick of vacation rental. It is great for families and people wanting to get away from busy town centers and beaches.
From Comparable evidence, this property would perform relatively well over the course of a year. Ocean view, access to a beach club and beach. The comparable properties were all in the same condominium, and all performed slightly worse than what I modeled in this analysis, but all were listed inconstantly and marketed poorly. So assuming the investor has strong marketing and asset management, this will potentially perform better than predicted.