This condo is located inside a small condominium in the center of Las Terrenas, close to the main beaches and nightlife centers.
This property is ideal for a second home and for investment due to the advantages offered by passive income from short-term rentals.
This condo has very affordable yearly costs, the annual property tax is only US$710, and the homeowners association fees are US$150.
If you are looking to rent this property, we evaluate the rate per night to be US$128.
Considering all the monthly costs, including the property management fees, you should look at making a monthly profit of US$1,132. The occupancy rate we are using is a realistic average of 50% based on current market data.
The net return is calculated to be around 6.1%.
If like us you think this is a great listing, contact us for more information.