Pura Vida Portfolio
Due-diligence report
puravidaportfolio.com
July 1, 2026
Playa Potrero / Las Catalinas · Guanacaste
Villa Serena - Playa Potrero, CR
$445,000asking
Homes · 3 bd · via Flamingo Beach Realty
Verify first0/100 · Lower confidence
Gross STR yield
2%
~1.4% net
Headline revenue
$10k/yr
P25 (conservative)
Deal screen
Verify first
0/100
Investment thesis
Other. Something looks interesting but the data isn't clean enough for a confident tier — we flag instead of cheer.
What we do next
- ✓Explain exactly why we flagged it (thin comps, market anchor, inland mismatch, price, title wording, etc.).
- ✓Still show the math transparently so you can pressure-test with us.
- ✓Honest STR numbers benchmarked to proven local operators (4.8★+, 30+ reviews (or 4.75★+, 50+ reviews), 180+ bookable nights TTM) — never part-timer medians.
- ✓A full property report with comps, recipe traits, and a plain-English verify checklist.
- ✓Direct access to the operator — I review serious inquiries personally.
Your verify checklist
- ▢Verify list price, coordinates, bedroom count, and titled vs concession status.
- ▢Walk the property or send a trusted local before treating any yield as real.
- ▢Confirm fee-simple title, water letter, and exact parcel location before an offer.
- ▢Treat gross yield as a screening number — net cash flow depends on management and your use of the home.
Flags & caveats
- · Few or scattered nearby rentals behind this estimate — lower confidence.
- · Very thin or mismatched comp set — verify revenue assumptions on the ground.
- · Wide spread in comp revenue — operators disagree on what this profile earns.
- · Large property-level adjustment applied — verify amenities and location match the comp set.
Short-term-rental underwriting
Too few genuinely-nearby proven-operator rentals to underwrite responsibly. We analyze these by hand — request a custom analysis.
Market context: $146/night RevPAR · $342 ADR × 41% occ.
Location & due-diligence checklist
Coordinates
10.46514, -85.76753
Property tax (IBI)
$1,113/yr · 0.25% of asking
Map: https://www.google.com/maps/search/?api=1&query=10.465139,-85.767528
Registered fee-simple title (folio real), free of liens
Survey (plano catastrado) matches the registry
Legal water supply — concession or ASADA letter
Maritime-Zone (ZMT) / concession status confirmed
No squatter (precarista) history on the parcel
Corporation / SA standing & taxes current (if applicable)
Independent attorney representing you (not the seller)
HOA / condo fees, rules, and STR permissions
This is an automated screen built on third-party rental data (AirROI, trailing 12 months) and public broker listings — not an appraisal, inspection, or investment recommendation. Gross yields benchmark proven operators (4.8★+, 30+ reviews); rough net assumes ~35% operating expenses before financing and owner-use weeks. Verify list price, registered title, water availability, and Maritime-Zone status before any offer. Methodology: puravidaportfolio.com/methodology · © 2026 Pura Vida Portfolio.
