
Pura Vida Portfolio
What would this home make on Airbnb?
puravidaportfolio.com
August 13, 2026
Papagayo · Guanacaste
Four Seasons Fractional
$239,000asking
Condos · 3 bd · 3.5 ba · 2,400 sqft
Badges: Strong pick · Looks cheap · verify · Double-check first · Fair · thin comps · Hidden gem · Verified ✓
Asking price
$239,000
asking
Est. gross STR yield
—
on asking
Est. revenue / yr
—
from nearby Airbnbs
Est. occupancy
64%
nights booked
Quick take
Estimated yearly income for this property
Not enough nearby rental proof for a defensible income band yet — verify on the ground before you offer.
- · Based on 1 nearby rental · median 3.9 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.
Comparative market analysis
Successful nearby Airbnbs · 1 in pool · median 3.9 km
| Rental | BR | Dist | Rating | Rev/yr |
|---|
| Villa 3BR Closer beach Easy access -Gated Com | 3 | 3.0 km | 5.00★ | $22,534 |
| Amazing Oceanview Condo with Private Pool | 3 | 3.9 km | 5.00★ | $59,610 |
| Casa de Encanto Tropical | 2 | 3.9 km | 5.00★ | $51,884 |
| Villa for 6 - Best ocean view in town! | 3 | 3.9 km | 5.00★ | $60,862 |
| Million Dollar View Villa with Private Pool | 3 | 3.9 km | 5.00★ | $77,092 |
| Beachfront 3 bdrm in Playa Hermosa! | 3 | 3.9 km | 5.00★ | $97,336 |
| Casa Brisa del Mar / Playa Hermosa | 3 | 4.0 km | 5.00★ | $22,505 |
| Villa de 3 chambres (Villa #8 )Playa Hermosa CR | 3 | 4.0 km | 5.00★ | $51,510 |
| Beautiful Villa in 4 Star Beachfront Resort w/Pool | 3 | 4.0 km | 5.00★ | $52,382 |
| Las Brisas only 150 ft to Playa Hermosa Beach! | 3 | 4.1 km | 5.00★ | $23,620 |
| Cabaña Frente al Mar • A 10 pasos de Playa Hermosa | 4 | 4.1 km | 5.00★ | $22,275 |
| Villa del Sully /Villa Sol #32 | 3 | 4.1 km | 5.00★ | $53,105 |
Formula for high-performing rentals
What top earners in Guanacaste tend to have
✓Walk to the beach
✓Beachfront / beach access
✓Pool
✓Patio / balcony
✓BBQ / grill
✓Gym / fitness
✓Air conditioning
✓Ocean view
○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.
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: 10.61218, -85.68795 · maps.google.com/?q=10.612175724131834,-85.6879513422363
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.