For sale

CASA BALI PlayaHere | Real Estate Riviera Maya

Playa del Carmen

$263,200 USD Listed at $4,900,000 MXN

Listed by PlayaHere | Real Estate Riviera Maya

Listed 1 day ago

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Ref. PDC-S-0013 Request a viewing Make an offer

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Description

Amazing opportunity! This is a two-story house for sale with all the amenities you could want. This stunning property is located on a corner plot and offers a

Features

Bedrooms3
Bathrooms2
Area200 m2
Lot size200 m2
Year built2013
ReferencePDC-S-0013

Amenities

BBQ area
Beach access
Pool
Terrace

$263,200 USD Listed at $4,900,000 MXN

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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

41% below the median for similar listings

Median, 3-bedroom in Playa del Carmen$449,200 USD
This listing, per m2$1,320 USD
Median per m2$2,360 USD

Based on 69 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 8 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,590 USD
Gross yield if rented long-term11.8%

Based on 20 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 11.0% gross yield a year

Assumes $208 USD a night at 38% occupancy
Short-term gross, per month$2,400 USD
Short-term gross, per year$28,830 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.