PDCRents

For sale

Beachfront Condo for Sale

Playacar, Playa del Carmen

$265,800 USD Listed at $4,950,000 MXN
Listed 1 day ago
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Description

Turn-key beachfront condominium with direct ocean views from the living room and both bedrooms. Sold furnished and already on a short-term rental program with a documented occupancy history.

Features

  • Bedrooms2
  • Bathrooms2
  • Area110 m2
  • Parking1
  • Year built2016
  • Minimum lease12 months
  • ReferencePDCR-0103

Amenities

  • Air conditioning
  • Beach access
  • Furnished
  • Gym
  • Pool
  • Security 24/7

The market in Playa del Carmen

  • Homes for sale on this site476
  • Median asking price$234,800 USD
  • Typical range$118,100 USD – $850,000 USD
  • Median per m2$3,280 USD
BedroomsListingsMedian asking price
Studio90$237,300 USD
1155$171,000 USD
2121$252,300 USD
370$442,800 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

5% above the median for similar listings

  • Median, 2-bedroom in Playa del Carmen$252,300 USD
  • This listing, per m2$2,420 USD
  • Median per m2$2,990 USD

Based on 121 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 10 years of renting a similar home

  • Typical long-term rent in Playa del Carmen, per month$2,200 USD
  • Gross yield if rented long-term9.9%

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 7.8% 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.

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