For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$1,449,000 USD

Listed 1 day ago

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Ref. PDC-S-0398 Request a viewing Make an offer

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Description

Miranda, the chic beach condo development for those who want to have it all; a home in paradise with large spaces where you do not have to sacrifice comfort, proximity to the beach, quality finishes, and modern designs. SIMCA brings us this development that welcomes you with open arms and seems to whisper in your ear “welcome home” with a masterpiece that is an avant-garde and architectural design, which consists of 78 apartments that combine luxury and home tranquility. Miranda is the perfect excuse not to leave the house or rooftop, which invites you to sunbathe in its well-kept common areas. Miranda will also offer a selection of shops on the ground floor, specially designed for you. This exquisite development located near the best restaurants has one, two, three-bedroom apartments and penthouses. Miranda is the perfect development to live in harmony in the center of everything, for investment and generating a profitable business model, or both. If you need more information, write me for more information

Features

Bedrooms2
Area322 m2
ReferencePDC-S-0398

Amenities

BBQ area
Elevator
Gym
Jacuzzi
Pool
Rooftop
Terrace

$1,449,000 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

476% above the median for similar listings

Median, 2-bedroom in Playa del Carmen$251,500 USD
This listing, per m2$4,500 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 55 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term1.8%

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 1.4% 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.