For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$249,800 USD Listed at $4,651,644 MXN

Listed 24 hours ago

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Description

La Ceiba Ciudad Mayakoba is a residential development with the perfect balance between modern design and the best sporting amenities. Each tower will accommodate 88 two-four bedroom apartments ranging from 1,022.57 sf to 1,463.89 sf approximately. Each one with its own lobby, meeting and recreation area, gym, swimming pool, palapa and a common roof garden. The project follows to Ciudad Mayakoba’s integral design and conservation philosophy, thus providing a 4.69 acres of a natural reserve green-belt, in addition, there will be 5.93 acres of conservation area, providing natural freshness and special beauty to the development that extends over 27.68 acres. Residents of La Ceiba Ciudad Mayakoba will also enjoy a Club House featuring a semi-olympic pool, 2 tennis courts, 2 paddle tennis courts, a large events terrace, a Kids Club, a snack bar, a restaurant area and a convenience store to make everyday life easier. The land has a natural cenote which will be a part of the conversation area.

Features

Bedrooms2
Bathrooms3
Area111 m2
ReferencePDC-S-0373

Amenities

Beach access
Elevator
Garden
Gym
Laundry
Pool
Rooftop
Terrace

$249,800 USD Listed at $4,651,644 MXN

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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 Playa del Carmen

Homes for sale on this site469
Median asking price$232,900 USD
Typical range$118,100 USD – $805,600 USD
Median per m2$3,270 USD

Bedrooms	Listings	Median asking price
Studio	86	$233,900 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

Priced in line with similar listings

Median, 2-bedroom in Playa del Carmen$251,500 USD
This listing, per m2$2,260 USD
Median per m2$3,000 USD

Based on 120 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 9 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term10.6%

Based on 15 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 8.3% gross yield a year

Assumes $149 USD a night at 38% occupancy
Short-term gross, per month$1,720 USD
Short-term gross, per year$20,650 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.