Boho Surf Shack

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Rental Grade
Rentability:
A
Avg. Daily Rate:
A
Occupancy:
A
Location Grade
Beach:
A+
View:
C+
Location:
B+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Boho Surf Shack Overview
Property Description: Authentic Boho Surf Shack near Playa Hermosa
This authentic Boho Surf Shack is located near Playa Hermosa in Santa Teresa, Puntarenas Pacific coast. It is a totally wooden shack that plays to the nostalgic experience of an authentic Costa Rican surf vacation rental but with all the modern amenities. There is a medium size garden. This vacation rental relies on authenticity and the rustic feel of a beach shack.
The property requires lots of maintenance and additions to be able to compete with other vacation rentals in a very popular market, although it is very unique and the concept is successful in other locations, some investment is required; we predict around $25,000. This is estimated to yield a return between 7.5%-9.0%, (around $50,000). This assumes one can secure a year-round occupancy of 55% charging $240 a night based on comparable properties.