Three Separate Townhomes

C+
Overall Rating

Property Type: Multi-Unit Property

Call to action

This is just placeholder text. Don’t be alarmed, this is just here to fill up space since your finalized copy isn’t ready yet.

If you’re curious, this is Website Ipsum. It was specifically developed for the use on development websites.

Rental Grade

  • Rentability:

    C+

  • Avg. Daily Rate:

    C

  • Occupancy:

    C+

Location Grade

  • Beach:

    A+

  • View:

    C

  • Location:

    C

Property Details

Bedrooms:
6
Bathrooms:
6
Land Size:
323 sqm
Constr. Size:
270 sqm
View:
Ocean View
Pool:
Yes

Investment Info

Price:

$475,000 USD

Renovation Costs:

$50,000 USD

ROI:

2.5 %

Three Separate Townhomes Overview

These three townhouses are priced at $475k in total. Located between Tamarindo and Villa Real, they are roughly a 10-minute drive to Tamarindo Beach and local amenities. Each unit has two floors, large windows, and a terrace. They come partially furnished with appliances and have parking for three cars. The first floor includes a kitchen, living room, courtyard, and half bathroom, while the second floor has two bedrooms and a full bathroom.

Although not in Tamarindo or Villa Real, there are still some comparable properties on Airbnb currently. Using these comparable vacation rentals, we’ve assumed that these townhouses can average a daily rate of $200 together, so $67 a night each; and achieve an occupancy of 40%. That is an annual return of roughly 2.5%, roughly $30,000. This assumes $50,000 in investment to fully furnish the 3 apartments, and add amenities that would make this a more attractive vacation rental, such as a pool.

Location Map