For sale

Condo for Sale in Cancún

Cancún

$918,300 USD Listed at $17,100,000 MXN

Listed 1 day ago

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Description

Puerto Cancun is an urban community where the sea and the city meet, offering the most exclusive residential lots for sale, as well as prime investment opportunities for commercial businesses, condominiums and hotels. Other products that you can find here are canal homes and residential lots, almost all of them have an ocean view. Blume Luxury Ocean Front Condos is an exclusive luxury residence for sale located in Cancun’s waterfront development, Puerto Cancun. Surrounded by water canals that exit into the Caribbean and preserved mangroves this amazing residence is truly one of a kind. From Blume you’re just a short walk to the Marina Town Center with world class dining and shops, Puerto Cancun’s golf course, Marina, and private Beach Club. Blume’s amenities include Spa, Gym, Swimming Pools including an Infinity Pool with ocean views, Pool Bar and terrace, Kids Club, Business Center, Soccer and Paddle Tennis courts, Boat Dock.

Features

Bedrooms2
Bathrooms3
Area250 m2
ReferenceCUN-S-0071

Amenities

Beach access
Beach club
Elevator
Garden
Gym
Laundry
Ocean view
Parking
Pool
Rooftop
Terrace

$918,300 USD Listed at $17,100,000 MXN

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The market in Cancún

Homes for sale on this site202
Median asking price$866,300 USD
Typical range$161,100 USD – $4,270,300 USD
Median per m2$3,610 USD

Bedrooms	Listings	Median asking price
Studio	55	$432,200 USD
1	23	$182,800 USD
2	28	$458,500 USD
3	50	$1,329,000 USD
4+	46	$2,670,300 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

100% above the median for similar listings

Median, 2-bedroom in Cancún$458,500 USD
This listing, per m2$3,670 USD
Median per m2$3,450 USD

Based on 28 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 12 years of renting a similar home

Typical long-term rent in Cancún, per month$6,200 USD
Gross yield if rented long-term8.1%

Based on 7 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 1.8% gross yield a year

Assumes $120 USD a night at 37% occupancy
Short-term gross, per month$1,350 USD
Short-term gross, per year$16,200 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.