For sale

Condo for Sale in Tulum

Tulum

$134,550 USD

Listed 1 day ago

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Description

Tulum is recognized worldwide as a city of culture, mysticism, beautiful beaches, and incomparable sunsets, and also one of the best areas in the Riviera Maya to invest in Real Estate. Tulum is recognized as one of the main world-class tourist destinations, and for these condos of the stature of Elements 326, were born to receive the large number of clients who visit us year after year. Elements 326 is located in the already famous Region 15, an up and coming neighborhood, which is housing the most innovative real estate developments in Tulum, thanks to the opening of Kukulkan Avenue that connects this area to the hotel zone, with Elements 326 only 10 minutes of her This beautiful development has 1-bedroom units, 1-bedroom units with two levels, and penthouses with lock-off to maximize your return on investment, along with the first-class amenities that this development has, and the fact that each unit is delivered equipped with the following. •Fully equipped kitchen • Frigobar • Hood oven • Electric grill • Kitchen sink • Bathroom furniture • King size bed base and matterss • Air conditioning • Cortinas tipo black out

Features

Bedrooms2
Bathrooms1
Area62 m2
ReferenceTUL-S-0545

Amenities

Air conditioning
Elevator
Garden
Gym
Jacuzzi
Lock-off
Ocean view
Pool
Rooftop
Terrace

$134,550 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 site595
Median asking price$259,900 USD
Typical range$118,600 USD – $661,100 USD
Median per m2$2,660 USD

Bedrooms	Listings	Median asking price
Studio	115	$321,700 USD
1	201	$177,000 USD
2	162	$263,600 USD
3	83	$369,600 USD
4+	34	$792,900 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

49% below the median for similar listings

Median, 2-bedroom in Tulum$263,600 USD
This listing, per m2$2,170 USD
Median per m2$2,480 USD

Based on 162 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 Tulum, per month$859 USD
Gross yield if rented long-term7.7%

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 11.5% 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.