For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$390,000 USD

Listed 1 day ago

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Description

Aldea Thai is luxury and exclusivity, it is the sophisticated mix between the Thailand spirit and the casual style of the Mexican Caribbean. This unparalleled union brings us this magnificent complex where luxury, comfort, high-level service, and big spaces come together. This wonderful development located in the most emblematic area of Playa del Carmen, Playa Mamitas, between 1st avenue and the beach, is at a very short distance from the best restaurants in the city and 5th avenue. It is one of the properties with the highest profitability in the Riviera Maya thanks to the first-class amenities it possesses. This unique condo-hotel transports us to the luxury of Bali and plunges us at times into an alternate reality. Wake up every morning and have a coffee in one of the largest pools in the city, watch the Caribbean Sea from your window or walk to the beach for morning meditation, Aldea Thai has it all.

Features

Bedrooms2
Area115 m2
ReferencePDC-S-0300

Amenities

Elevator
Gym
Parking
Pool
Rooftop
Terrace

$390,000 USD

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Indexed from PIM Riviera Maya. Details may have changed – confirm them on the original listing. More from PIM Riviera Maya Is this yours? Request removal

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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

55% above the median for similar listings

Median, 2-bedroom in Playa del Carmen$251,500 USD
This listing, per m2$3,380 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 15 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term6.8%

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 5.3% gross yield a year

Assumes $149 USD a night at 38% occupancy
Short-term gross, per month$1,721 USD
Short-term gross, per year$20,655 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.