Pura Vida Portfolio
What would this home make on Airbnb?
puravidaportfolio.com
October 2, 2026
Flamingo · Guanacaste
VILLAS FLAMINGO WITH OCEAN VIEW – 1st Choice Realty Costa Rica
$639,000asking
Condos · 2 bd · 3 ba
Hidden gemFair pick
Hidden gem — quiet ask vs nearby proven STR earners. 5 superstar rentals within 600 m at ~$137k median · 51% below neighbor-implied value.
Badges: Strong pick · Looks cheap · verify · Double-check first · Fair · thin comps · Hidden gem · Verified ✓
Asking price
$639,000
asking
Est. gross STR yield
10%
on asking
Est. revenue / yr
$66k/yr
from nearby Airbnbs
Est. occupancy
62%
nights booked
Quick take
Estimated yearly income for this property
| Estimated yearly income | Conservative | Moderate | Optimistic |
|---|
| Gross yield (on asking) | 3% | 10% | 11% |
| Revenue / yr | $18,764 | $65,758 | $72,334 |
Conservative = lowest adjusted nearby rental · Moderate = our default estimate · Optimistic = highest adjusted comp · Wide range = plan to the conservative column.
- · Based on 8 nearby rentals · median 1.5 km.
- · Comps spread widely — plan to the conservative column.
- · 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.
- · Wide spread in comp revenue — operators disagree on what this profile earns.
Comparative market analysis
Successful nearby Airbnbs · 8 in pool · median 1.5 km
| Rental | BR | Dist | Rating | Rev/yr |
|---|
| Casa Chocolate at The Palms | 2 | 0.1 km | 5.00★ | $124,150 |
| Flamingo #5 - Just Steps to the Sand | 2 | 0.2 km | 5.00★ | $29,937 |
| Luxurious Beach Front Villa Steps From the Ocean | 2 | 0.2 km | 5.00★ | $160,861 |
| Villa Sunset Playa Flamingo | 2 | 0.2 km | 4.95★ | $153,483 |
| Villa Camélia - Flamingo Beach Paradise | 3 | 0.3 km | 4.95★ | $176,181 |
| Flamingo Beach Ocean View Villa with private pool | 3 | 0.4 km | 5.00★ | $49,642 |
| Ocean views by day, unforgettable sunsets by night | 3 | 0.4 km | 4.95★ | $59,601 |
| Stunning Ocean View with 2 Pools | 2 | 0.5 km | 4.90★ | $58,882 |
| Oceanviews, Private Veranda, 2 Pools & Concierge | 2 | 0.6 km | 4.80★ | $17,123 |
| Ocean View, 2 Infinity Pools & Wraparound Terrace | 3 | 0.6 km | 4.90★ | $76,161 |
| Condo with SPECTACULAR VIEW!! | 3 | 0.7 km | 4.90★ | $55,681 |
| Bungalow #8 - Top Level Studio - Flamingo Beach | 1 | 0.8 km | 4.90★ | $43,683 |
Formula for high-performing rentals
What top earners in Guanacaste tend to have
✓Walk to the beach
✓Ocean view
✓Pool
✓Patio / balcony
✓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.
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: 10.43091, -85.79145 · maps.google.com/?q=10.4309097,-85.7914515
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.
