For sale

Condo for Sale in Cancún

Cancún

$559,000 USD

Listed 1 day ago

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Description

Discover the Beauty of ALBA , a space that offers you a privileged location, exclusive amenitiesa and an architecture that takes care of every detail thinking about the comfortand freshness that your family needs As Exclusive as it is modern, ALBA has 4 Penthouses and 26 apartments wich offers diferent types 2 , 3 or 4 bedrooms With the best location within Puerto Cancun since you can have your boat a few steps or direct access to the mall. A development full of energy and style carefully planned with the amenities, spaces and security that you are looking for

Features

Bedrooms3
Bathrooms3
ReferenceCUN-S-0069

Amenities

BBQ area
Garden
Gym
Jacuzzi
Ocean view
Pool
Rooftop
Terrace

$559,000 USD

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Indexed from PIM Riviera Maya. Details may have changed – confirm them on the original listing. More from PIM Riviera Maya Is this yours? Request removal

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The market in Cancún

Homes for sale on this site198
Median asking price$866,300 USD
Typical range$161,100 USD – $4,270,300 USD
Median per m2$3,630 USD

Bedrooms	Listings	Median asking price
Studio	55	$432,200 USD
1	23	$182,800 USD
2	27	$459,500 USD
3	48	$1,334,700 USD
4+	45	$2,800,000 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

58% below the median for similar listings

Median, 3-bedroom in Cancún$1,334,700 USD

Based on 48 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 Cancún, per month$6,200 USD
Gross yield if rented long-term13.3%

Based on 5 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 4.2% gross yield a year

Assumes $172 USD a night at 37% occupancy
Short-term gross, per month$1,935 USD
Short-term gross, per year$23,216 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.