La Esquina 1
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Rental Grade
Rentability:
A
Avg. Daily Rate:
A
Occupancy:
A
Location Grade
Beach:
A+
View:
B
Location:
B+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
La Esquina 1 Overview
Property Description:
La Esquina #1 is a large condominium in Playa Langosta, just south of Tamarindo. The property has 2 bedrooms and 2 bathrooms, this ground-floor unit offers 190 m2 of living space, and has high-end furnishings such as cast stone floors and teak ceilings. The property comes fully furnished. The condo is 1 of 10 in a 10-condo complex. The HOA covers amenities like the largest swimming pool in Playa Langosta, a rooftop terrace with stunning ocean views, and 24-hour security.
The property is very close to the Playa Langosta, and although it doesn’t have direct views of the ocean, this property still has strong potential for its location and amenities. Other Airbnb’s in the condominium perform relatively well, and in the Langosta area vacation rentals have strong demand. We assume one can achieve a daily rate of at least $225, and occupancy of 58%, the estimated return for these base numbers is around $53,000, or between a 4% and 5% return on investment.