Unit 101
LUXURY AND PRIVATE OASIS
Top 1% of homes on Airbnb
Bought and fully renovated in 2024 for an all-in cost of USD 220K. Rated 4.96 across 92 reviews and earning about 15% a year on that cost.
View the listing$250–300K
All-in cost per unit, purchase and renovation
+7.5–15%
Resale value after renovation, sellable in about 6 months
11–13%
Annual cash yield, with no debt
95%
Occupancy across our units on Airbnb
THE MODEL
We buy below market, renovate and operate, then hold or sell
01
Buy
Dated apartments steps from the beach, negotiated well below market price.
02
Renovate
A full japandi redesign: natural wood, stone and calm, warm light.
03
Operate
Run on Airbnb by a Superhost with a local team for cleaning and upkeep.
04
Hold or sell
Collect the cash yield, or sell the renovated unit at a premium.
WHY LAS TERRENAS
More visitors, no room to overbuild, rising prices
Solid line: actual · Dashed line: projection of 8–12% a year
1,500
New hotel rooms permitted in Las Terrenas, including St. Regis and Ritz-Carlton
+87%
Active vacation rentals in Las Terrenas over three years
Sources: Dominican Ministry of Tourism and Central Bank (2026), Evalúa (2026), Real Estate DR (2025), Airbtics (2026). The price index is indicative and combines local agency estimates.
TRACK RECORD
Three units, from tired to top-rated
Unit 202
LUXURY AND INDOOR–OUTDOOR LIVING
Renovated, top 10%, and sold in 5 months
Bought and renovated in 2023 for an all-in cost of USD 270K. Rated 4.91 across 237 reviews. Sold for USD 310K five months after listing, and Mangoi still operates it.
View the listing
Today
Render
Unit 105
IN RENOVATION – LUXURY AND PRIVATE OASIS
Next up, with the same playbook
All-in cost of USD 298K. A ground-floor unit with a private plunge pool and BBQ terrace, projected to perform like 101.
UNIT ECONOMICS
What a typical unit earns
Rental figures come from 2026 Airbnb payouts reconciled against bank statements. Operating costs include condo fees, cleaning, utilities, repairs and management.
| Average nightly rate paid by guests | USD 190 |
|---|---|
| Occupancy | 95% |
| Operating costs | ~30% of revenue |
| Net profit per unit | ~USD 33K a year |
| Cash yield on a USD 250–300K unit | 11–13% |
| Guests hosted across our 3 units | 1,000+ a year |
WHAT'S NEXT
Keep growing the portfolio
We plan to keep buying, renovating and operating units like the ones we have so far, until we reach about ten in Las Terrenas.
3 → 10
SCALE IT UP
Projected portfolio return
10
Years held
- USD 290K all-in per unit, purchase and renovation
- USD ~33.7K net profit per unit a year, after all costs
- +10% value after renovation, then 4% a year
- Before taxes and selling costs
Total profit · years
Rental profit + appreciation ·
Investment
at $290K each
Rental profit
+
a year for years
Appreciation
+
Value grows to
WHAT WE'RE EXPLORING
Mangoi Members
A discount club for our guests, and a pass that any tourist in Las Terrenas can buy to unlock the same local deals. More than 1,000 guests already stay with us every year, and many more visitors come to town.
Direct booking
Stay in our units and partner properties for less than on Airbnb.
Marketplace
Discounts at restaurants, scooter rentals and tours, all paid through Mangoi.
Weekly pass
Any tourist in Las Terrenas, staying with us or not, can buy a weekly pass to unlock the marketplace discounts, then upgrade to a full membership.
FOR GUESTS AND TOURISTS
Save on stays, restaurants, scooters and tours, all in one place.
FOR LOCAL BUSINESSES
New customers who arrive with a membership or a pass, paying a commission only on real sales.
FOR MANGOI
Direct bookings without Airbnb's fee, pass and membership sales, and a share of every marketplace purchase.
See the units
Unit 101 · Luxury and Private OasisView on Airbnb · 4.96 · Top 1% Unit 202 · Luxury CondoView on Airbnb · 4.91 · Top 10%
Unit 105 · Luxury and Private OasisOpening January 2027 · In renovation
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