Pura Vida Portfolio
What would this home make on Airbnb?
puravidaportfolio.com
October 2, 2026
Bahia Papagayo · Guanacaste
Sereno Reserve Villa A - Bahia Papagayo, CR
$900,000asking
Condos · 2 bd · 2 ba · 1,432 sqft
Weak · thin comps
Badges: Strong pick · Looks cheap · verify · Double-check first · Fair · thin comps · Hidden gem · Verified ✓
Asking price
$900,000
asking
Est. gross STR yield
4%
on asking
Est. revenue / yr
$35k/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) | 3% | 4% | 4% |
| Revenue / yr | $25,609 | $34,979 | $38,477 |
Conservative = lowest adjusted nearby rental · Moderate = our default estimate · Optimistic = highest adjusted comp · Wide range = plan to the conservative column.
- · Based on 3 nearby rentals · median 3.4 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.
- · Comp set quality is low — wide spread, thin sample, or bedroom mismatch.
Comparative market analysis
Successful nearby Airbnbs · 3 in pool · median 3.4 km
| Rental | BR | Dist | Rating | Rev/yr |
|---|
| Costa Rican Ocean View Villa with pool | 3 | 0.5 km | 4.95★ | $77,526 |
| Villa 3BD Private Pool Beach Access | 3 | 2.4 km | 4.80★ | $21,156 |
| Oceanview Villa w/Covered Patio | Walk to Beach | 1 | 2.5 km | 4.90★ | $26,032 |
| Casa de Encanto Tropical | 2 | 2.6 km | 5.00★ | $44,888 |
| Amazing Oceanview Condo with Private Pool | 3 | 2.7 km | 4.85★ | $57,960 |
| Private Pool Villa, Resort & Beach Access | 2 | 2.7 km | 4.80★ | $43,298 |
| 3 bedroom villa (Villa #8) Playa Hermosa CR | 3 | 2.7 km | 4.80★ | $54,003 |
| Cozy Resort Beach Condo in Playa Hermosa | 1 | 2.8 km | 4.75★ | $17,432 |
| Tropical Beach Villa with Pool | 3 | 2.8 km | 4.95★ | $30,658 |
| Gorgeous 3 bedroom Villa - Picture Perfect View! | 3 | 3.0 km | 5.00★ | $130,274 |
| LB42 - Las Brisas Condo Ocean & Pool View | 3 | 3.1 km | 4.90★ | $42,816 |
| 50 mtrs to Beach - 2 beds kitchenette | 1 | 3.1 km | 4.80★ | $17,462 |
Formula for high-performing rentals
What top earners in Guanacaste tend to have
✓Walk to the beach
✓Pool
✓Outdoor dining
✓Patio / balcony
✓Gym / fitness
✓Dedicated workspace
✓Family-ready (crib)
✓Kayak / water toys
○Air conditioning
○Hot tub
○BBQ / grill
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: 10.58861, -85.64867 · maps.google.com/?q=10.588611280029335,-85.64867434098365
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.
