Get all the data you need about the real estate market in Tamarindo
This guide covers condo rental yields in Tamarindo as of early 2026, based on active sale and long-term rental listings across the main Tamarindo micro-markets.
We update this article regularly so the figures you see here reflect the most current estimates available.
All prices are shown in Costa Rican colones (CRC), using a March 2026 reference rate of roughly CRC 470 per US dollar.
And if you're planning to buy a property in Tamarindo, you may want to download our real estate pack about Tamarindo.
A quick summary table
| Metric | Value |
|---|---|
| Tamarindo neighborhood with the best condo gross yield | Villarreal (1-bedroom condo, 9.45%) |
| Tamarindo neighborhood with the weakest condo gross yield | El Tesoro / Tamarindo Heights (luxury view condo, 5.57%) |
| Average gross yield across all Tamarindo condo types | Approx. 7.3% |
| Average net yield across all Tamarindo condo types | Approx. 3.6% |
| Median condo purchase price in Tamarindo (2026) | Approx. CRC 199,000,000 |
| Average monthly long-term rent in Tamarindo | Approx. CRC 1,250,000 |
| Average occupancy rate across Tamarindo condo types | Approx. 91% |
| Fastest-leasing Tamarindo condo market | Villarreal (1-bedroom, avg. 14 days to rent) |
| Slowest-leasing Tamarindo condo market | El Tesoro / Tamarindo Heights (luxury view, avg. 30 days to rent) |
| Highest occupancy Tamarindo condo market | Villarreal (95%) |
| Best value high-yield segment in Tamarindo | Villarreal and Huacas 1-bedroom condos (entry price below CRC 80,000,000) |
| Gross-to-net yield gap (yield dispersion) | Approx. 3.5 to 4 percentage points between gross and net across all segments |
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Tamarindo condo neighborhoods ranked by rental yield in 2026
This table ranks the top neighborhoods and condo types in the Tamarindo area by gross rental yield.
For each neighborhood and condo type, the table includes the average purchase price, average monthly rent, gross rental yield, net rental yield, annual fees, average occupancy, average time to rent, main rental demand, main risk, and investment profile.
Finally, please note you'll find much more detailed data in our real estate pack about Tamarindo.
| # | Neighborhood | Property type | Gross rental yield | Net rental yield | Average purchase price | Average monthly rent | Ownership annual fees | Average occupancy | Average time to rent | Main rental demand | Main risk | Rental Investment Profile |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Villarreal | 1-bedroom condo | 9.45% | 5.54% | CRC 77,550,000 | CRC 611,000 | CRC 1,974,000 | 95% | 14 days | Local professionals and remote workers | Slower resale outside the beach core | Top Pick |
| 2 | Tamarindo Centro | 1-bedroom condo | 8.94% | 5.02% | CRC 119,850,000 | CRC 893,000 | CRC 3,055,000 | 94% | 16 days | Digital nomads and walk-to-beach couples | Noise and new competing supply | Top Pick |
| 3 | Huacas | 1-bedroom condo | 8.69% | 4.87% | CRC 68,150,000 | CRC 493,500 | CRC 1,692,000 | 94% | 15 days | Service workers and budget couples | Weaker prestige and resale depth | Top Pick |
| 4 | Villarreal | 2-bedroom condo | 8.51% | 5.24% | CRC 129,250,000 | CRC 916,500 | CRC 2,632,000 | 95% | 15 days | Small families and remote workers | Car dependency for beach access | Top Pick |
| 5 | Sunset Hill / Hillside Tamarindo | 1-bedroom ocean-view condo | 8.34% | 4.33% | CRC 138,650,000 | CRC 963,500 | CRC 3,572,000 | 92% | 18 days | Digital nomads seeking views | Higher HOA on view buildings | Strong Potential |
| 6 | Playa Grande / Palm Beach Estates | 1-bedroom condo | 8.14% | 4.24% | CRC 131,600,000 | CRC 893,000 | CRC 3,384,000 | 93% | 17 days | Surfers and remote couples | Eco restrictions near the park | Strong Potential |
| 7 | Tamarindo Centro | 2-bedroom condo | 8.00% | 4.30% | CRC 176,250,000 | CRC 1,175,000 | CRC 4,230,000 | 93% | 18 days | Remote-working roommates and couples | Parking shortages in peak weeks | Strong Potential |
| 8 | Huacas | 2-bedroom condo | 7.95% | 4.42% | CRC 101,050,000 | CRC 669,750 | CRC 2,256,000 | 93% | 17 days | Local families and service professionals | Less tourist premium on exit | Good Potential |
| 9 | Playa Grande / Las Ventanas | 2-bedroom condo | 7.89% | 4.19% | CRC 164,500,000 | CRC 1,081,000 | CRC 3,854,000 | 92% | 20 days | Families wanting gated security | Higher commute to town services | Good Potential |
| 10 | Villarreal | 3-bedroom condo | 7.89% | 4.81% | CRC 171,550,000 | CRC 1,128,000 | CRC 3,196,000 | 94% | 18 days | Families and long-stay expats | Narrow renter pool at higher rents | Good Potential |
| 11 | Tamarindo Park / Senderos | 2-bedroom condo | 7.71% | 3.98% | CRC 197,400,000 | CRC 1,269,000 | CRC 4,606,000 | 91% | 20 days | Upscale remote workers and couples | Premium pricing limits yield | Good Potential |
| 12 | Playa Langosta | 1-bedroom condo | 7.59% | 3.75% | CRC 159,800,000 | CRC 1,010,500 | CRC 4,042,000 | 92% | 19 days | Quiet-beach couples and remote workers | High HOA and flood-season wear | Good Potential |
| 13 | Playa Grande / Palm Beach Estates | 2-bedroom condo | 7.44% | 3.88% | CRC 185,650,000 | CRC 1,151,500 | CRC 4,230,000 | 92% | 19 days | Surfer couples and young families | Bridge access and seasonality | Good Potential |
| 14 | Sunset Hill / Hillside Tamarindo | 2-bedroom condo | 7.38% | 3.67% | CRC 213,850,000 | CRC 1,316,000 | CRC 5,076,000 | 91% | 21 days | Digital nomad couples with cars | Steep access roads in rainy season | Good Potential |
| 15 | Tamarindo Centro | 3-bedroom condo | 7.29% | 3.79% | CRC 263,200,000 | CRC 1,598,000 | CRC 5,734,000 | 91% | 21 days | Families wanting walkable beach life | More short-stay competition nearby | Good Potential |
| 16 | Hacienda Pinilla | 2-bedroom resort condo | 7.20% | 3.20% | CRC 199,750,000 | CRC 1,198,500 | CRC 5,264,000 | 90% | 22 days | Golf families and resort renters | High HOA and club costs | Good Potential |
| 17 | Playa Grande / Las Ventanas | 3-bedroom townhouse condo | 7.11% | 3.53% | CRC 242,050,000 | CRC 1,433,500 | CRC 5,546,000 | 91% | 22 days | Families and long-stay surfers | Deeper supply in gated phases | Good Potential |
| 18 | Huacas | 3-bedroom townhouse condo | 7.08% | 3.83% | CRC 143,350,000 | CRC 846,000 | CRC 2,914,000 | 92% | 22 days | Local families needing space | Lower liquidity for resale | Moderate Appeal |
| 19 | Playa Grande / Palm Beach Estates | 3-bedroom condo | 6.97% | 3.44% | CRC 246,750,000 | CRC 1,433,500 | CRC 5,452,000 | 90% | 22 days | Families near surf and nature | Seasonal tenant turnover risk | Good Potential |
| 20 | Tamarindo Park / Senderos | 3-bedroom condo | 6.92% | 3.36% | CRC 277,300,000 | CRC 1,598,000 | CRC 6,204,000 | 90% | 23 days | Executives and design-led renters | High ticket price compresses yield | Moderate Appeal |
| 21 | Playa Langosta | 2-bedroom condo | 6.73% | 3.11% | CRC 251,450,000 | CRC 1,410,000 | CRC 5,875,000 | 90% | 22 days | Upscale couples and small families | Premium entry price near beach | Moderate Appeal |
| 22 | Sunset Hill / Hillside Tamarindo | 3-bedroom penthouse condo | 6.62% | 2.99% | CRC 340,750,000 | CRC 1,880,000 | CRC 7,896,000 | 89% | 24 days | Affluent remote families and retirees | Thin tenant pool above mid-market | Moderate Appeal |
| 23 | Hacienda Pinilla | 3-bedroom resort condo | 6.56% | 2.79% | CRC 300,800,000 | CRC 1,645,000 | CRC 7,426,000 | 89% | 24 days | Golf families and corporate stays | Resort fees pressure net returns | Moderate Appeal |
| 24 | El Tesoro / Tamarindo Heights | 2-bedroom condo | 6.49% | 2.71% | CRC 286,700,000 | CRC 1,551,000 | CRC 7,144,000 | 89% | 24 days | Luxury couples seeking privacy | Niche buyer and renter pool | Moderate Appeal |
| 25 | Playa Langosta | 3-bedroom beachfront condo | 6.34% | 2.49% | CRC 418,300,000 | CRC 2,209,000 | CRC 10,575,000 | 88% | 26 days | Affluent families wanting beachfront living | Storm exposure and expensive upkeep | Moderate Appeal |
| 26 | Playa Grande / Las Ventanas | 3-bedroom luxury condo | 6.26% | 2.57% | CRC 324,300,000 | CRC 1,692,000 | CRC 7,755,000 | 88% | 25 days | Affluent eco-minded families | Slower leasing above local budget | Limited Appeal |
| 27 | Hacienda Pinilla | 4-bedroom townhouse condo | 6.14% | 2.37% | CRC 394,800,000 | CRC 2,021,000 | CRC 9,870,000 | 88% | 26 days | Large resort families and executives | Luxury supply can sit longer | Limited Appeal |
| 28 | El Tesoro / Tamarindo Heights | 3-bedroom condo | 6.04% | 2.31% | CRC 368,950,000 | CRC 1,856,500 | CRC 8,930,000 | 87% | 27 days | Executives and long-stay owners | Luxury depth is relatively thin | Limited Appeal |
| 29 | Tamarindo Park / Senderos | 3-bedroom luxury condo | 6.00% | 2.28% | CRC 385,400,000 | CRC 1,927,000 | CRC 9,306,000 | 87% | 27 days | Design-focused affluent tenants | High capital reserve needed in tropical climate | Limited Appeal |
| 30 | El Tesoro / Tamarindo Heights | 3-bedroom luxury view condo | 5.57% | 1.82% | CRC 587,500,000 | CRC 2,726,000 | CRC 14,335,000 | 85% | 30 days | Ultra-affluent seasonal families | Very narrow year-round tenant base | Limited Appeal |
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Key insights about condo rental yields in Tamarindo
Insights
- In Tamarindo, the gap between gross and net yield is large. Across all segments, net yield typically runs 3.5 to 4 percentage points below gross yield, which means annual fees and operating costs absorb a major share of rental income in this market.
- Villarreal 1-bedroom condos deliver a gross yield of about 9.45% at an entry price around CRC 78 million, while a comparable Tamarindo Centro 1-bedroom costs more than 50% more and returns a slightly lower gross yield of 8.94%. The Villarreal price advantage is real and material for a first-time buyer.
- In Tamarindo Centro, 1-bedroom condos outperform 3-bedroom condos by roughly 1.65 gross-yield points. The 3-bedroom adds price faster than it adds rent, which is a common pattern in beach markets with a strong digital nomad base.
- Hacienda Pinilla looks polished and safe, but its 2-bedroom resort condo net yield of around 3.2% is almost 2 percentage points below a Villarreal 2-bedroom at 5.24%. The HOA and club cost difference explains most of that gap.
- Across the Tamarindo area in 2026, time to rent is a useful signal: properties leasing in under 16 days tend to sit in the strongest demand pockets, while those needing 25 days or more often face either a thin local renter pool or pricing above what the long-term market will absorb quickly.
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About our methodology
We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in our real estate pack about Tamarindo.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Tamarindo neighborhood and condo type, we aggregated the freshest purchase price and monthly long-term rent data available from active listings and established brokerages. When possible, we cross-checked multiple sources to confirm the same price range.
This allowed us to estimate rental yield before costs. That is the gross yield, based on annual rent versus purchase price.
We then estimated rental yield after costs. That is the net yield, after recurring ownership and operating expenses.
These expenses vary meaningfully across Tamarindo's micro-markets. That is why two areas with similar rents can still produce different net returns.
For example, resort communities like Hacienda Pinilla carry high HOA and club fees that significantly reduce net yield. Ocean-view buildings on Sunset Hill tend to have higher condo dues than inland value stock in Villarreal or Huacas. In high-turnover zones near Tamarindo Centro, vacancy and tenant-related costs can also be higher during shoulder season.
We also estimated ownership annual fees by combining the main recurring costs for each Tamarindo condo type. This includes property tax under Costa Rica's Ley 7509 framework, condo association fees, insurance, and a maintenance allowance appropriate for a tropical coastal climate.
These estimates were not applied as one flat number across all neighborhoods. They were adjusted by location and property type to reflect the real cost of owning in each part of the Tamarindo market.
All prices are expressed in Costa Rican colones (CRC) using a March 2026 reference rate of approximately CRC 470 per US dollar, sourced from the Central Bank of Costa Rica (BCCR).
This table should therefore be read as a structured market estimate, not as an exact guarantee of future performance. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in our real estate pack about Tamarindo.
What sources have we used to write this article about Tamarindo condo rental yields?
Whether it's in our blog articles or the market analyses included in our real estate pack about Tamarindo, we rely on verifiable sources and a transparent methodology.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| INEC (Costa Rica National Institute of Statistics and Censuses) | It is Costa Rica's official national statistics agency. | We used INEC as the baseline public source for Costa Rica housing and demographic context. We used it to keep the Tamarindo estimates anchored to national housing reality rather than only broker marketing. |
| BCCR (Central Bank of Costa Rica) exchange-rate indicators | It is the official source for Costa Rica exchange rates. | We used BCCR to convert Tamarindo market prices and rents into Costa Rican colones. We applied a March 2026 reference of approximately CRC 470 per US dollar for all working estimates. |
| ICT tourism report, first half 2025 | ICT is Costa Rica's official tourism board and publishes primary tourism statistics. | We used ICT to confirm that Guanacaste demand remains supported by international tourism flows. We used that demand backdrop to sanity-check occupancy assumptions in Tamarindo. |
| Costa Rica property tax law (Ley 7509) | It is the legal text governing property taxation in Costa Rica. | We used it to anchor the recurring property-tax assumptions for each Tamarindo condo type. We applied that legal framework when estimating annual ownership costs across all neighborhoods. |
| Properstar Tamarindo condos | It is a large international property portal with broad Tamarindo listing coverage. | We used it to map price bands and common condo sizes in Tamarindo proper. We used it to identify which condo formats are most visible in buyer searches. |
| Properstar Playa Langosta condos | It is a large listing aggregator with enough inventory to show Langosta's pricing tier. | We used it to separate Playa Langosta from Tamarindo Centro instead of blending them together. We used it to confirm Langosta's higher entry pricing relative to other Tamarindo sub-markets. |
| KRAIN Costa Rica Tamarindo condos | KRAIN is an established Guanacaste brokerage with detailed Tamarindo-area condo listings. | We used it to cross-check condo quality, bedroom mix, and upper-end pricing. We used it to refine the spread between standard condos and luxury ocean-view product in Tamarindo. |
| Hidden Coast Realty long-term rentals | It is a long-running local brokerage with visible long-term rental inventory around Tamarindo. | We used it to benchmark achievable long-term asking rents by bedroom count in the Tamarindo area. We used it to estimate time-to-rent and demand profiles for different micro-markets. |
| Encuentra24 Tamarindo rentals | It is one of the largest classified property platforms in Central America. | We used it to widen the rental sample beyond broker-managed premium stock. We used it to check where budget and mid-market long-term demand is strongest in the Tamarindo area. |
| Coldwell Banker Tamarindo / Hacienda Pinilla | It is a major international brokerage brand with active Hacienda Pinilla coverage. | We used it to benchmark resort-community pricing and product mix at Hacienda Pinilla. We used it to test how HOA-heavy resort stock changes net yields compared to regular Tamarindo condo stock. |
| Grande Real Estate Playa Grande | It is a specialized local brokerage focused on the Playa Grande market. | We used it to refine the Playa Grande sub-areas most relevant to residential buyers. We used it to distinguish Palm Beach Estates from gated Playa Grande product and cross-check pricing gaps with Tamarindo Centro. |
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