Here is what you can expect when owning a 4-bedroom house. Note that all prices are in USD and are approximations based on our professional experience in rentals. Numbers from 2021.

Yearly Revenues

Avg. rental prices for a 4-bedroom villa (capacity of 8 guests)

US$1,750 / week x 26 weeks (avg. weeks rented per year/occupancy rate of 50%)

= US$45,500 -> Gross Revenues

Yearly Costs

US$9,100 -> Management fees (promoting, renting, assisting, etc.) = 20% of the gross rentals

US$600 -> Admin fees (0 monthly for the Maintenance of the house when not rented + paying invoices)

US$5,000 -> Privates expenses (electricity, water, gas, cleaning, garden, pool, internet) 400 / month

US$3,600 -> Avg. HOA fees per year (only in gated communities)

US$800 -> Insurance for the house

= US$19,100 -> Total Costs

Net Profits -> US$45,500 - US$19,100 = US$26,400

Here is what you can expect when owning a 4-bedroom condo. Note that all prices are in USD and are approximations based on our professional experience in rentals.

Monthly Costs

HOA fees = US$150

  • Electricity = US$50 (When rented, electricity is usually paid by renters)
  • Gaz =US$20
  • Water = US$20
  • Insurance = US$50
  • Internet/TV =US$50
  • Total = US$340 or US$4,080 / year

Yearly Revenues

The average occupancy rate of 50% for a competitive price per night of US$150

US$27,375 / year - US$5,475-> (20% property management fees)

= US$21,900 - US$4,080 (total costs)

Yearly Net Profits = US$17,820