Oro del Sol 15

Location:
Tamarindo
, Alajuela
C
Overall Rating

Property Type: Villa

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Rental Grade

  • Rentability:

    B

  • Avg. Daily Rate:

    A

  • Occupancy:

    B

Location Grade

  • Beach:

    A+

  • View:

    C

  • Location:

    C+

Property Details

Bedrooms:
3
Bathrooms:
3
Land Size:
607 sqm
Constr. Size:
0 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$850,000 USD

Renovation Costs:

$15,000 USD

ROI:

2.5 %

Oro del Sol 15 Overview

Oro del Sol 15 is a 3 bed 3 bath villa in the east of Tamarindo up the hill. It’s close enough to the beach to walk but it would be more difficult for young children and people that struggle walking as it is on the longer side. Same situation with shops, and restaurants. The properties main attraction as an investment is the private pool, which not many other AIRBnBs in the area can boast about. Some renovation would be required to bring this place up to a good enough standard, especially on the interior.

Tamarindo has many comparable villas in the area, many of which perform a lot better than this property, which is also currently listed as a vacation rental. From the AIRBnB data, the property is currently charging $342 a night and is only getting 35% occupancy, very low for a property like this. This would return roughly $45,000 in the first year, which is a 2%-3% return on investment.

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