Pura Vida Portfolio
What would this home make on Airbnb?
puravidaportfolio.com
October 2, 2026
Playa Tamarindo · Guanacaste
La Perla 5-4 ~ Exceptional Ocean View Property in Playa Tamarindo – 1st Choice Realty Costa Rica
$1,199,000asking
Condos · 3 bd · 3 ba
Weak · thin comps
Badges: Strong pick · Looks cheap · verify · Double-check first · Fair · thin comps · Hidden gem · Verified ✓
Asking price
$1,199,000
asking
Est. gross STR yield
5%
on asking
Est. revenue / yr
$56k/yr
from nearby Airbnbs
Est. occupancy
65%
nights booked
Quick take
Estimated yearly income for this property
| Estimated yearly income | Conservative | Moderate | Optimistic |
|---|
| Gross yield (on asking) | 4% | 5% | 5% |
| Revenue / yr | $42,404 | $55,929 | $61,522 |
Conservative = lowest adjusted nearby rental · Moderate = our default estimate · Optimistic = highest adjusted comp · Wide range = plan to the conservative column.
- · Based on 5 nearby rentals · median 0.2 km.
- · 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.
- · Confirm municipal construction permits match what's built — unpermitted pools, casitas, or extra bedrooms are a closing risk.
- · Few or scattered nearby rentals behind this estimate — lower confidence.
Comparative market analysis
Successful nearby Airbnbs · 5 in pool · median 0.2 km
| Rental | BR | Dist | Rating | Rev/yr |
|---|
| amazing ocean views, and sunsets ( Penthouse #2) | 2 | 0.1 km | 5.00★ | $43,756 |
| The BEST Location in Tamarindo | 4 | 0.1 km | 4.95★ | $86,593 |
| 15Love-2BR Apartment & Pickleball courts | 2 | 0.2 km | 4.95★ | $29,390 |
| Beachside Family Comfort | 2-Minute Walk to Ocean | 4 | 0.2 km | 4.95★ | $78,514 |
| Sadhana Tamarindo | 2 | 0.2 km | 4.95★ | $71,398 |
| High speed wifi / Central Tropical Retreat | 2 | 0.2 km | 4.90★ | $25,694 |
| Tropical 3BR Condo - Across Tamarindo Beach | 3 | 0.2 km | 4.95★ | $30,264 |
| El Jaguar Sunrise Beach Condo | 4 | 0.2 km | 4.75★ | $43,580 |
| Newly Renovated Ocean View Condo | 2 | 0.2 km | 4.80★ | $42,305 |
| 180 Degree Ocean view penthouse right in town | 4 | 0.2 km | 4.95★ | $117,666 |
| Casa Indy 3bdrm Home w Pool in Town Centre | 3 | 0.3 km | 4.80★ | $62,374 |
| Sunrise 46 - 3 Bdrm. In the Heart of Tamarindo! | 3 | 0.3 km | 4.80★ | $45,036 |
Formula for high-performing rentals
What top earners in Guanacaste tend to have
✓Walk to the beach
✓Ocean view
✓Pool
✓Patio / balcony
✓BBQ / grill
✓Gym / fitness
✓Air conditioning
○Hot tub
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.
Inland of the ZMT with a registered parcel
It's beyond the 200 m Maritime Terrestrial Zone and matches a registered finca — consistent with fee-simple (titled) ownership. Always confirm the folio real for liens and exact area.
Pin: 10.30114, -85.83816 · maps.google.com/?q=10.301141907595,-85.8381576926
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.
