For sale

Condo for Sale in Playa del Carmen

Playa del Carmen

$193,300 USD Listed at $3,600,000 MXN

Listed 2 days ago

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Description

Incredible 2 bedroom apartment ideal for living or renting for the long term. With 12 types in each of its 5 levels Playa Aurora apartments allows spacious areas inside the rooms and in common areas. The living room and the kitchen / dining room share long floor-to-ceiling windows that allow the entry of sufficient natural light. The master bedroom has its own bathroom and a large closet, without sacrificing space around the queen bed. The second bedroom with double single bed, has fine wooden closets and easy access to the second bathroom. The development is located in a residential area of high growth and great capital gain, due to its proximity to shopping center, restaurants, bars and cinema. Due it has its own parking lot, gym area, private sundeck and infinity pool, this development has everything you need to enjoy your days in the Mexican Caribbean

Features

Bedrooms2
Area109 m2
ReferencePDC-S-0433

Amenities

Elevator
Gym
Parking
Pool
Rooftop
Terrace

$193,300 USD Listed at $3,600,000 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 site484
Median asking price$236,500 USD
Typical range$118,100 USD – $850,000 USD
Median per m2$3,320 USD

Bedrooms	Listings	Median asking price
Studio	90	$237,300 USD
1	156	$171,800 USD
2	127	$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

23% below the median for similar listings

Median, 2-bedroom in Playa del Carmen$252,300 USD
This listing, per m2$1,770 USD
Median per m2$3,020 USD

Based on 127 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 7 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term13.7%

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 10.7% 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.