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Prime Real Estate in Tamarindo - Playa Tamarindo, CR
4 min drive to beach

Playa Tamarindo · Guanacaste

Prime Real Estate in Tamarindo - Playa Tamarindo, CR

Lots · 1,500 m² lot

$259,000

View broker listing ↗

via Flamingo Beach Realty · land asking

Strong build · thin comps

Land · build scenario

Estimated yearly income for this property
From successful nearby Airbnbs after bed and finish adjustments.
on all-in cost
Conservative
6%
$36k/yr
Moderate· Our estimate
12%
$74k/yr
Optimistic
17%
$109k/yr

We're not perfect — we're working to make these numbers as accurate as possible. Spot an error, or have an idea? Let us know.

Strong build yield with ~15% equity vs buying finished.

At $631,300 all-in (4BR standard) it clears our 10% benchmark.

Strong build · thin comps
What you'd earn
Conservative
$36k
Moderate· Our estimate
$74k
Optimistic
$109k

Estimated yield is in the header above.

All-in vs fair
$631,300
Income supports ~$741k (−15% vs fair)
Location & comps
4 min drive to beach
8 proven comps · med 3.4 km

Our pick · 4BR standard · ~12% gross · $631k all-in · Pool · Air conditioning · Patio / balcony

Stress-test →
Finish tier
Floors

Standard build · ~240 m² villa (60 m²/bd) · residential lot → 75% max coverage → buildable up to ~1,125 m² (about 18 BR at this tier/floors). This 4BR footprint fits.

All-in cost to build

Land (asking)$259,000
Construction · 240 m² × $1,000/m² (in-house)$240,000
Pool, landscaping & site works$45,000
Furnishings (FF&E)$36,000
Soft costs · permits/design/infra (18%)$51,300
All-in basis$631,300

≈ $2,630/m² all-in (incl. land).

Edit assumptions (plug in real contractor quotes)

Feasibility scenario — not a contractor quote

  • •Construction uses our in-house team's ~$1,000/m² standard rate (shell + finishes; pool/landscaping & permits are added separately). Typical local quotes run $1,200–2,400/m². Final cost still depends on the confirmed scope.
  • •Assumes a ~14-month build with no rental income during construction; excludes land-carry, financing and price escalation.
  • •Parts of the Tamarindo strip are ZMT — confirm titled vs. concession.
  • •Few or scattered nearby comps behind the revenue estimate — lower confidence.
  • •Water availability (ASADA letter) and utilities can make or break a build — verify before you buy the lot.

Story

Is it for you?

Patient capital building equity — design-build or JV, not move-in cashflow.

Move on if you need rental income on day one.

Good to know

  • Few or scattered nearby rentals behind this build scenario — lower confidence.
  • Recipe gaps vs local winners: Gym / fitness, Hot tub, BBQ / grill.
  • Build scenarios use market-level revenue anchors — re-run at the lot pin on the report.

Check before you offer

  • 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.
  • If anything is already built on the lot, confirm permisos de construcción cover it — unpermitted work can block closing.
  • Verify buildable footprint, coverage rules, access, and ZMT status with the municipality.
  • Get real contractor quotes before trusting any yield-on-cost figure.

Go deeper: Comps & math · Live & rent · Photos · Check before you offer · Site & legal. Automated check — verify list price, title, water, and building permits before an offer. More like this on the map →

Next steps

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