For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$337,000 USD

Listed 2 days ago

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Description

Located in the idyllic diamond area of Playa del Carmen for its privacy and tranquility, and its proximity to pristine waters in the beautiful Caribbean Sea a few steps away, rises Siaan, panoramic lofts. This building, barely 3 stories high, contains 47 beautiful lofts equipped with the best amenities, such as a spacious rooftop with two swimming pools, and a lounge that offers impressive panoramic views of the city of Playa del Carmen and its coast. UNRIVALED SIZE With an area starting at 145 square feet, each two-story loft has a kitchen, guest bathroom, living room and dining room, and a spacious first-floor deck. Elegant stairs with glass railings lead to the second floor with two bedrooms with private bathrooms.

Features

Bedrooms2
Bathrooms3
Area149 m2
ReferencePDC-S-0413

Amenities

Elevator
Furnished
Gym
Ocean view
Parking
Pool
Rooftop
Terrace

$337,000 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 Playa del Carmen

Homes for sale on this site482
Median asking price$235,800 USD
Typical range$118,100 USD – $850,000 USD
Median per m2$3,300 USD

Bedrooms	Listings	Median asking price
Studio	90	$237,300 USD
1	156	$171,800 USD
2	125	$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

34% above the median for similar listings

Median, 2-bedroom in Playa del Carmen$252,300 USD
This listing, per m2$2,260 USD
Median per m2$3,010 USD

Based on 125 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 13 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term7.8%

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 6.1% gross yield a year

Assumes $149 USD a night at 38% occupancy
Short-term gross, per month$1,721 USD
Short-term gross, per year$20,655 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.