Naxos 7
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Rental Grade
Rentability:
A
Avg. Daily Rate:
A
Occupancy:
B+
Location Grade
Beach:
A+
View:
C
Location:
B+
Property Details
Investment Info
Price:
Renovation Costs:
ROI:
Naxos 7 Overview
Property Description:
This Condo is just south of Tamarindo in Playa Langosta, it has 1 bedroom and 1 bath. This property is sold fully furnished and is close enough to the beach to walk, but is still a decent way away from the center of Tamarindo.
Tamarindo is an extremely popular vacation destination, making this a very competitive market for rentals and for purchase. Using other vacation rentals in the area, the villa could charge a daily rate of roughly $150, and expect an occupancy of 65%. This is mainly due to its location, and increased quality in comparison to the other vacation rentals nearby. This would return roughly $38,000 in the first year, which is a 5%-6% return on investment.