Casita San Isidro

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%.