For sale

Condo for Sale in Tulum

Tulum

$233,745 USD

Listed 1 day ago

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Description

Mestiza means mixture, and this development symbolizes that meaning from its first conception. On the one hand, it is the luxury of the elegant lifestyle in the big cities with the comfort of five-star hotels and all that this means, and also the living invitation to connect with nature, tranquility, and green spaces for total rest. It is located in the gated community of Luum Zama, the most exclusive within Aldea Zama, close to the hotel zone and the beautiful beaches and great green areas around it. Luum Zama has first class amenities within its dividing walls, such as a temazcal, yoga area, spa, amphitheater, and green areas surrounded by paths for an atmosphere that fuses modern architecture and the nature that characterizes Tulum. Tulum is the preferred place for investment and vacationers, which attracts a very demanding clientele and world-class artists. What do you think Mestiza? Send me an email and let’s schedule a visit to this beautiful development.

Features

Bedrooms2
Area74 m2
ReferenceTUL-S-0544

Amenities

Elevator
Gated community
Gym
Rooftop
Terrace

$233,745 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 Tulum

Homes for sale on this site605
Median asking price$256,300 USD
Typical range$119,000 USD – $680,000 USD
Median per m2$2,660 USD

Bedrooms	Listings	Median asking price
Studio	119	$321,700 USD
1	205	$173,100 USD
2	163	$262,200 USD
3	83	$369,600 USD
4+	35	$787,800 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

11% below the median for similar listings

Median, 2-bedroom in Tulum$262,200 USD
This listing, per m2$3,160 USD
Median per m2$2,480 USD

Based on 163 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 23 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term4.4%

Based on 27 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 6.6% gross yield a year

Assumes $142 USD a night at 30% occupancy
Short-term gross, per month$1,295 USD
Short-term gross, per year$15,540 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.