For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$171,900 USD Listed at $3,200,000 MXN

Listed 1 day ago

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Description

Just 300 meters from the beach access, rises to impose Airea, a beautiful studio apartment building. The 20 apartments are distributed in 5 different types of units from 41 to 62 square meters. If you are looking for a place close enough to the action of downtown Playa del Carmen, but at the same time not immersed in it, Airea is the ideal option for your next investment. The 6 stories building has a beautiful infinity pool, from where you can see the amazing Caribbean Sea. And the best thing about this project is that all its units are delivered fully furnished and equipped, for your enjoyment and comfort. Airea is ready to deliver immediately and awaits for you. Do we make an appointment?

Features

Bedrooms2
Bathrooms2
Area42 m2
ReferencePDC-S-0396

Amenities

Beach access
Elevator
Furnished
Ocean view
Pool
Rooftop
Terrace

$171,900 USD Listed at $3,200,000 MXN

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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

32% below the median for similar listings

Median, 2-bedroom in Playa del Carmen$251,500 USD
This listing, per m2$4,130 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 7 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term15.4%

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 12.0% 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.