For sale

Brand-new Street-View Condos for Sale in Downtown Playa, Suite Number 316 – Living Riviera Maya Real Estate

Playa del Carmen

$366,900 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 2 days ago

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Ref. PDC-S-0313 Request a viewing Make an offer

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Description

Modern one and two-bedroom condos for sale in Playa del Carmen, Quintan Roo, Mexico.

A brand-new residential development that offers a unique lifestyle in the heart of the Mexican Caribbean. Just 5 minutes walking from Playa’s turquoise waters and white-sand beaches, world-famous 5th avenue, and Cozumel Ferry among other attractions.

This unique development offers its lucky owners a wide array of features & amenities including

*Pool *Jacuzzi *Steam Bath *Dressing room *Bathrooms in common areas *Bar & grill *Gym *Lounge area *Zen garden *24/7 security *Lobby *Elevators *Solarium & lounge chairs

Take advantage of the excellent payment schemes that will facilitate your investment in Playa del Carmen real estate. Do not hesitate to contact our specialists to obtain more information or to schedule a showing.

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

Features

Bathrooms2
Area98 m2
ReferencePDC-S-0313

Amenities

Elevator
Furnished
Garden
Gym
Jacuzzi
Ocean view
Parking
Pool
Rooftop
Security 24/7

$366,900 USD

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The market in Playa del Carmen

Homes for sale on this site487
Median asking price$237,800 USD
Typical range$118,100 USD – $842,200 USD
Median per m2$3,320 USD

Bedrooms	Listings	Median asking price
Studio	92	$238,800 USD
1	157	$172,600 USD
2	127	$252,300 USD
3	71	$436,500 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

54% above the median for similar listings

Median in Playa del Carmen$237,800 USD
This listing, per m2$3,760 USD
Median per m2$3,320 USD

Based on 487 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 34 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$901 USD
Gross yield if rented long-term2.9%

Rent figure is the published city-wide average for apartments, not specific to this 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 2.6% gross yield a year

Assumes $70 USD a night at 38% occupancy
Short-term gross, per month$809 USD
Short-term gross, per year$9,704 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.