For sale

Condo for Sale in Tulum

Tulum

$378,950 USD

Listed 19 hours ago

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Description

One of the words that describes Tulum the better is “variety”, you can find all kinds of activities, gastronomy, people and of course, places to invest in. BaoBab is a space inspired by art and wellness, dedicated to rest and reconnection. Located in an strategical place, near commercial areas and few minutes away from the beach, makes this place one of a kind, perfect for vacational rentals.

Features

Bedrooms2
Area180 m2
ReferenceTUL-S-0569

Amenities

Gym
Laundry
Pet friendly
Pool
Rooftop
Terrace

$378,950 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 site584
Median asking price$261,100 USD
Typical range$118,000 USD – $680,000 USD
Median per m2$2,670 USD

Bedrooms	Listings	Median asking price
Studio	115	$321,700 USD
1	195	$178,800 USD
2	158	$263,600 USD
3	82	$366,700 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

44% above the median for similar listings

Median, 2-bedroom in Tulum$263,600 USD
This listing, per m2$2,110 USD
Median per m2$2,440 USD

Based on 158 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 37 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term2.7%

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 4.1% 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.