Casita San Isidro

Location:
Santa Teresa
, Puntarenas
B
Overall Rating

Property Type: Villa

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Rental Grade

  • Rentability:

    B

  • Avg. Daily Rate:

    C+

  • Occupancy:

    B

Location Grade

  • Beach:

    A+

  • View:

    C

  • Location:

    C+

Property Details

Bedrooms:
1
Bathrooms:
1
Land Size:
526 sqm
Constr. Size:
60 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$180,000 USD

Renovation Costs:

$30,000 USD

ROI:

5.5 %

Casita San Isidro Overview

Property Description: Casita in San Isidro

The property is a 10-minute drive from Santa Teresa and 20 minutes from Montezuma. The property is on a lot of 540 m2 wiith 75% of the property available for development, this Casita is surrounded by vegetation. The property features parking space for 3 cars. Inside there are two bedrooms, a shared full bathroom, and an integrated living room and kitchen area, all totally unfurnished. Additionally, the property includes a large storage area at the back.

As the casita is totally unfurnished, it requires roughly $30,000 to bring it up to vacation rental standards. Including the investment, if the casita can achieve a daily rate of $120, and an occupancy of at least 50%, one could expect a return of $25,000 in the first year, or between 4.5% and 5.5%.

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