For sale

Mestiza – 3 Bedroom Penthouse – Tulum Real Estate

Tulum

$667,685 USD

Listed by Tulum Real Estate – Search & Find Properties For Sale

Listed 2 hours ago

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Description

Looking for a penthouse for sale in Tulum, Mexico? Then look no further. This 3 Bedroom Penthouse in Mestiza Tulum could be yours.

Features

Bedrooms3
Bathrooms3
Area240 m2
Year built2021
ReferenceEXT-2456

Amenities

Air conditioning
Balcony
Beach access
Garden
Gym
Jacuzzi
Laundry
Lock-off
Pool
Rooftop
Terrace

$667,685 USD

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The market in Tulum

Homes for sale on this site631
Median asking price$253,400 USD
Typical range$118,600 USD – $667,700 USD
Median per m2$2,650 USD

Bedrooms	Listings	Median asking price
Studio	127	$293,600 USD
1	214	$173,000 USD
2	167	$262,200 USD
3	87	$375,300 USD
4+	36	$775,600 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

78% above the median for similar listings

Median, 3-bedroom in Tulum$375,300 USD
This listing, per m2$2,780 USD
Median per m2$2,160 USD

Based on 87 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 32 years of renting a similar home

Typical long-term rent in Tulum, per month$1,750 USD
Gross yield if rented long-term3.1%

Rent figure is a published estimate for this city and size. 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 4.3% gross yield a year

Assumes $264 USD a night at 30% occupancy
Short-term gross, per month$2,408 USD
Short-term gross, per year$28,892 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.