Flamingo is the standout rental story in Guanacaste in 2026. ADR grew 31.2% year-over-year — the strongest in the region — while the marina expansion has constrained luxury inventory, driving occupancy above 90% in high season. This is what the numbers actually look like for a $320,000 condo.
The Numbers — Gross vs. Net Yield
Gross yield
Net yield (after mgmt + costs)
ADR (average)
ADR (high season)
Annual occupancy
High season occupancy
ADR growth YoY 2026
The Math on a $320K Condo
| Item | Conservative | Optimistic |
|---|---|---|
| Annual revenue (gross) | $21,400 | $28,600 |
| Management fee (22%) | -$4,708 | -$6,292 |
| Platform fees (3%) | -$642 | -$858 |
| Maintenance / misc | -$1,500 | -$2,000 |
| NET INCOME | $14,550 | $19,450 |
| Net yield on $320K | 4.5% | 6.1% |
Why did Flamingo ADR grow 31.2% in 2026?
Two factors: the marina expansion attracted higher-spending boaters and charter guests, and supply of premium beachfront inventory remains constrained as the luxury villa market has few new completions in 2025–2026.
What's the best-managed option in Flamingo?
The NYA Crystal Lagoon program at Brasilito/Conchal corridor offers a fully managed rental solution — it's the only first-party case study we can publish with verified net figures.
Last updated: September 1, 2026