- Written by Christopher Howard
As a popular spot for tourism, the Central Pacific is a potentially large rental market, a fact that hasn’t escaped the attention of developers of the multiple condotels, condominiums and resort communities under construction right now. Remember, though, that vacation rentals are generally short term, so it takes more work to rent out properties. Also, the volume of vacation rentals about to come online in the area may make the market even more difficult as it gets more crowded.
Condominium rentals in Jacó can go for anything from $500 to thousands of dollars a week during the high season. Unless you own a condo in a prime location or with excellent amenities, be extremely conservative in your profit estimations. Both your property management company and the condo developer have vested interest in convincing you that condo rentals are a great business, so approach their projections with caution, and do your own research.
Rentals in Manuel Antonio fetch quite high prices if the property has those great ocean views the area is famous for. Like some of the more upscale developments in the Tamarindo area, rentals in Manuel Antonio can reach up to about $5,000 per week.
Posted in Central Pacific