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Tamarindo Preserve Lot 60 - Playa Langosta, CR
walk to beach

Playa Langosta · Guanacaste

Tamarindo Preserve Lot 60 - Playa Langosta, CR

Lots · 333 m² lot

via Flamingo Beach Realty · land asking

Fair 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%
$113k/yr
Moderate· Our estimate
10%
$183k/yr
Optimistic
13%
$242k/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.

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Build economics look fair for the villa we'd put on this lot.

~10% gross on all-in is roughly our 10% benchmark — fair value, not a discount. Pick the right footprint and finish tier below.

Fair build · thin comps
What you'd earn
Low comp
$113k
Weighted comp· Our estimate
$183k
High comp
$242k

Low, weighted, and high are adjusted comparable rentals — not probability forecasts.

All-in vs fair
$1,888,300
Income supports ~$1.8M (+3% vs fair)
Location & comps
Walk to the beach · 0.3 km to beach
4 proven comps · med 0.2 km

Walk-to-beach lot — headline uses walk/beach-access comps (apple-to-apple).

Our pick · 5BR luxury · ~10% gross · $1.9M all-in · Walk to the beach · Pool · Air conditioning

Stress-test →

Walk-to-beach lot — headline uses walk/beach-access comps (apple-to-apple).

Finish tier

Land ~$1048/m² — premium finish floor at this land basis. Land ~$1048/m² — luxury finish at this land basis.

Floors

Luxury build · ~475 m² villa (95 m²/bd) · residential lot → 75% max coverage → buildable up to ~250 m² (about 2 BR at this tier/floors). ⚠ This 5BR footprint (475 m²) exceeds the 250 m² allowed — add a floor or shrink.

All-in cost to build

Land (asking)$349,000
Construction · 475 m² × $2,400/m² (in-house)$1,140,000
Pool, landscaping & site works$45,000
Furnishings (FF&E)$110,000
Soft costs · permits/design/infra (18%)$213,300
All-in basis$1,888,300

≈ $3,975/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 ~$2,400/m² luxury 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.
  • •The 475 m² footprint exceeds the ~250 m² buildable area (75% coverage on a residential lot) — add a floor, shrink the villa, or split the parcel.
  • •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.
  • 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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