For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$134,000 USD

Listed 1 day ago

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Description

In the middle of the city of Playa del Carmen, just a few blocks from the fifth avenue full of shops and restaurants, and to the beautiful Caribbean beach. And steps away from supermarkets and other businesses, Syrena becomes one of the best real estate investments in the area. It has 67 studio apartments with overpasses, large closets, and harmonious spaces, to attract a clientele looking to rent short and long term. The 67 apartments are distributed in two symmetrical towers of 6 levels and a rooftop connected by a passage through the pool on the ground floor, and a bridge with a spectacular view of the city in the rooftop. The amenities complement this project, to pamper yourself on the vacations, you plan to this beautiful destination.

Features

Bedrooms2
Bathrooms1
Area45 m2
ReferencePDC-S-0394

Amenities

BBQ area
Elevator
Gym
Parking
Pool
Rooftop
Terrace

$134,000 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 site469
Median asking price$232,900 USD
Typical range$118,100 USD – $805,600 USD
Median per m2$3,270 USD

Bedrooms	Listings	Median asking price
Studio	86	$233,900 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

47% below the median for similar listings

Median, 2-bedroom in Playa del Carmen$251,500 USD
This listing, per m2$2,990 USD
Median per m2$3,000 USD

Based on 120 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Long-term rental vs. Airbnb

As a short-term rental: about 15.4% 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.