Pura Vida Portfolio
What would this home make on Airbnb?
puravidaportfolio.com
July 29, 2026
Flamingo Marina · Guanacaste
Flamingo Marina Real 4 - Playa Flamingo, CR
$299,000asking
Condos · 1 bd · 1 ba · 904 sqft
Weak pick
Badges: Strong pick · Looks cheap · verify · Double-check first · Fair · thin comps · Hidden gem · Verified ✓
Asking price
$299,000
asking
Est. gross STR yield
6%
on asking
Est. revenue / yr
$17k/yr
from nearby Airbnbs
Est. occupancy
62%
nights booked
Quick take
Estimated yearly income for this property
| Estimated yearly income | Conservative | Moderate | Optimistic |
|---|
| Gross yield (on asking) | 4% | 6% | 6% |
| Revenue / yr | $11,133 | $17,339 | $19,073 |
Conservative = lowest adjusted nearby rental · Moderate = our default estimate · Optimistic = highest adjusted comp · Wide range = plan to the conservative column.
- · Based on 6 nearby rentals · median 0.2 km.
- · Map pin placed in Flamingo Marina by operator — confirm exact lot before closing.
- · Confirm registered fee-simple title (folio real), free of liens.
- · Confirm a legal water supply (AyA or ASADA letter / carta de agua) — no water letter, no deal.
Comparative market analysis
Successful nearby Airbnbs · 6 in pool · median 0.2 km
| Rental | BR | Dist | Rating | Rev/yr |
|---|
| Deluxe Condo, Ocean Views, steps to Marina & Beach | 2 | 0.2 km | 5.00★ | $24,282 |
| Punta Plata Condo, Ocean View & Private Beach | 1 | 0.3 km | 5.00★ | $15,004 |
| Tropical Oasis, Ocean View Condo REDUCED rates | 2 | 0.3 km | 5.00★ | $18,582 |
| Oceanfront Condo with Pool & Stunning Views | 2 | 0.3 km | 5.00★ | $65,187 |
| Presidential Suite 14B, quiet, ocean view, 2 pools | 1 | 0.4 km | 5.00★ | $23,370 |
| Oceanfront Playa Flamingo Condo w/ Private Beach | 2 | 0.4 km | 5.00★ | $37,187 |
| Ocean view at its best at a walk from the beach! | 2 | 0.5 km | 5.00★ | $54,507 |
| Bungalow #5 - Ground Level Studio - Flamingo Beach | 1 | 0.5 km | 5.00★ | $48,410 |
| Luxury ocean view condo steps to marina and beach! | 2 | 0.5 km | 5.00★ | $15,156 |
| Bungalow #3 – Ground Level Studio – Flamingo Beach | 1 | 0.6 km | 5.00★ | $36,105 |
| #8 Breathtaking Views - 1 Bedroom with Pool | 1 | 0.6 km | 5.00★ | $23,464 |
| Bungalow #8 - Top Level Studio - Flamingo Beach | 1 | 0.7 km | 5.00★ | $44,229 |
Formula for high-performing rentals
What top earners in Guanacaste tend to have
✓Walk to the beach
✓Beachfront / beach access
✓Air conditioning
✓Hot tub
✓Patio / balcony
✓BBQ / grill
✓Dedicated workspace
○Gym / fitness
Want help closing the gaps? Book a call: puravidaportfolio.com/#contact · Guide: puravidaportfolio.com/guides/costa-rica-str-winning-property-recipe
Verify with your lawyer before buying
Check before you offer — Costa Rica buyer checklist
Listing & data truth
- Asking price is real, complete, and fee-simple — Parse errors, +VAT footnotes, per-key pricing, and fractional shares routinely break yield math.
- Map pin matches the actual parcel — Brokers often publish town-centroid pins; revenue and beach distance shift materially.
- Beds, baths, and build size match reality — Comp matching keys off bedrooms; a 3BR scored as 5BR invalidates the entire revenue band.
Revenue & STR legality
- STR revenue band (our underwriting) — The median on this report is our comp-weighted, product-type-adjusted estimate — the authority for yield and rank on Pura Vida Portfolio.
- Short-term rentals allowed (HOA + municipal) — Gated communities and some municipalities restrict nightly rentals — not visible in photos.
Property & condition
- Amenities match listing, vision, and comp adjustments — Recipe appraisal and gallery vision infer pool, AC, view — photos can be stale or neighboring views.
- Condition matches gallery / vision read — Vision reads finish tier and flags issues from photos only — not a substitute for inspection.
Title & registry
- Fee-simple title — no concession / fractional — Concession land and timeshares can't be underwritten like titled homes.
Water & utilities
- Legal water (AyA or ASADA letter) — No water letter = no permits; common deal-killer in Guanacaste.
Permits & construction
- Built area matches approved construction permits — Owners often add bedrooms, pools, casitas, or second structures without municipal permits — fines, demolition orders, or deal failure at closing.
Zoning & site
- Zoning allows intended use — Automated site DD links to sources — attorney must confirm use certificate.
Closing risk
- Taxes current, HOA solvent, no squatter risk — Arrears attach; HOAs can block rentals; precarista risk on rural parcels.
In the Maritime Terrestrial Zone (50–200 m)
The 50–200 m strip is the restricted ZMT — usually municipal concession land (not fee-simple title) governed by the local Plan Regulador. Confirm whether this is a titled exception or a concession before you act.
Pin: 10.43963, -85.78808 · maps.google.com/?q=10.439631545530526,-85.78808366408612
Disclaimer
Figures are estimates from successful nearby Airbnbs — not an appraisal, investment advice, or guarantee of future income. List price, title, water (AyA/ASADA), permits, and bedroom count can change the math. Verify everything with your lawyer and a local operator before you offer. Methodology: puravidaportfolio.com/methodology · © 2026 Pura Vida Portfolio.
