Beachfront Condo for Sale
Playacar, Playa del Carmen
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Description
Turn-key beachfront condominium with direct ocean views from the living room and both bedrooms. Sold furnished and already on a short-term rental program with a documented occupancy history.
Features
- Bedrooms2
- Bathrooms2
- Area110 m2
- Parking1
- Year built2016
- Minimum lease12 months
- ReferencePDCR-0103
Amenities
- Air conditioning
- Beach access
- Furnished
- Gym
- Pool
- Security 24/7
The market in Playa del Carmen
- Homes for sale on this site470
- Median asking price$232,400 USD
- Typical range$118,100 USD – $805,600 USD
- Median per m2$3,270 USD
| Bedrooms | Listings | Median asking price |
|---|---|---|
| Studio | 87 | $231,000 USD |
| 1 | 154 | $171,800 USD |
| 2 | 120 | $251,500 USD |
| 3 | 69 | $449,200 USD |
| 4+ | 40 | $875,000 USD |
Typical range covers the middle 80% of listings. Figures come from the listings live on this site today and change as it grows.
How this compares
6% above the median for similar listings
- Median, 2-bedroom in Playa del Carmen$251,500 USD
- This listing, per m2$2,420 USD
- Median per m2$3,000 USD
Based on 120 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.
Renting vs. owning here
This price equals about 10 years of renting a similar home
- Typical long-term rent in Playa del Carmen, per month$2,200 USD
- Gross yield if rented long-term9.9%
Based on 15 listings currently on this site. Asking prices and asking rents. Owning also carries closing costs, HOA fees, property tax, the bank trust for foreign buyers, maintenance and insurance, which are not included.
Long-term rental vs. Airbnb
As a short-term rental: about 7.8% gross yield a year
- Assumes $149 USD a night at 38% occupancy
- Short-term gross, per month$1,720 USD
- Short-term gross, per year$20,650 USD
An estimate from typical rates for this city and size, not a figure for this property. Gross income before platform fees, cleaning, utilities, management, taxes and empty nights. Check that the building allows short-term rentals.
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