For sale

Between Tulum town & the beach – Living Riviera Maya Real Estate

Tulum

$265,000 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 2 days ago

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Description

In a great new Tulum development, these condos for sale in Tulum are in a great area at a great price. In one of Mexico’s fastest growing cities, Tulum is known for it’s beaches, eco-hotels and yoga hotspots. Laid back beach town with great restaurants, nightlife and an array of activities available for all.

Located in the new part of Tulum, this project offers 1 and 2 bedroom condos, with pool starting at 140,000USD to 390,000SD.

The architectural design of this development was carefully created to coexist harmoniously with Tulum´s natural environment and style. Natural materials used are carefully selected within the region to provide the unique style that characterizes these apartments for sale in Tulum.

Apartments are equipped with: Laundry room Ceramic tile floors Closets Marble covers Air Conditioning Ceiling fans Jacuzzi / Solariums

Kitchen are equipped with: Quality Cabinets Granite countertops Refrigerator Stove Microwave

Come see these condos for sale in Tulum + call us today for a visit or for more information.

Please note: This property is under construction. The final product may differ from the listing description and photographs.

Features

Bedrooms2
Bathrooms2
Area85 m2
Year built2014
ReferenceTUL-S-0456

Amenities

Air conditioning
Balcony
Garden
Gated community
Jacuzzi
Laundry
Parking
Pool
Rooftop
Terrace

$265,000 USD

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The market in Tulum

Homes for sale on this site610
Median asking price$258,500 USD
Typical range$119,000 USD – $675,800 USD
Median per m2$2,680 USD

Bedrooms	Listings	Median asking price
Studio	119	$321,700 USD
1	207	$173,100 USD
2	163	$262,200 USD
3	85	$369,600 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

Priced in line with similar listings

Median, 2-bedroom in Tulum$262,200 USD
This listing, per m2$3,120 USD
Median per m2$2,490 USD

Based on 163 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 26 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term3.9%

Based on 27 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 5.9% gross yield a year

Assumes $142 USD a night at 30% occupancy
Short-term gross, per month$1,295 USD
Short-term gross, per year$15,540 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.