Pura Vida Portfolio
What would this home make on Airbnb?
puravidaportfolio.com
October 2, 2026
Playa Flamingo · Guanacaste
Villa Margarita Beachfront Flamingo - Playa Flamingo, CR
$5,995,000asking
Homes · 6 bd · 5 ba · 3,197 sqft
Live & rent
Badges: Strong pick · Looks cheap · verify · Double-check first · Fair · thin comps · Hidden gem · Verified ✓
Asking price
$5,995,000
asking
Est. gross STR yield
—
on asking
Est. revenue / yr
—
from nearby Airbnbs
Est. occupancy
43%
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.
- · Approximate pin — get exact parcel coordinates before trusting the comp pool.
- · Get exact parcel coordinates — approximate pin; accept placement in admin location queue or verify on site.
- · 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.
Comparative market analysis
Successful nearby Airbnbs
| Rental | BR | Dist | Rating | Rev/yr |
|---|
| "The House of Views" | 4 | 0.1 km | 4.95★ | $134,069 |
| Huge 4 Bedroom Oceanfront Condo by Marina Flamingo | 4 | 0.3 km | 4.95★ | $72,185 |
| Spectacular views & close to many beaches! | 6 | 0.3 km | 4.95★ | $164,876 |
| The Beach House Casa Playa | 5 | 0.5 km | 4.90★ | $142,285 |
| Full Beach House priv. pool/optional gourmet chef. | 5 | 0.7 km | 4.95★ | $151,167 |
| Flamingo Estates 18- 4 BR House with Pool | 4 | 0.9 km | 4.90★ | $51,033 |
| Beachfront Cliff Villa 300° OceanViews PoolJacuzzi | 4 | 1.1 km | 4.90★ | $239,285 |
| Iconic Flamingo Point House - BeachFront OceanView | 4 | 1.2 km | 5.00★ | $239,787 |
| GORGEOUS HOUSE ON THE BEACH PLAYA POTRERO | 4 | 1.5 km | 4.85★ | $98,888 |
| Ocean View boutique Home with Pool | 4 | 1.6 km | 4.80★ | $51,628 |
| Ocean View, Villa Arthela, Flamingo Marina | 4 | 1.8 km | 4.95★ | $159,747 |
| Casa Marina Bahia, Private Pool, Walk to Beach! | 5 | 1.8 km | 4.85★ | $52,785 |
Formula for high-performing rentals
What top earners in Guanacaste tend to have
✓Walk to the beach
✓Beachfront / beach access
✓Ocean view
✓Pool
✓Outdoor dining
○Gym / fitness
○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.
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: 10.43970, -85.79283 (approximate) · maps.google.com/?q=10.439698289710176,-85.79282844310957
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.
