For sale

Condo for Sale in Tulum

Tulum

$270,000 USD

Listed 1 day ago

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Description

Tulum, one of the favorite places for investors and tourists in the Riviera Maya. A place that offers the best views of nature in abundance of the Caribbean Sea, its incredible gastronomic variety, in addition to the mysticism and energy that enamors everyone who visits Tulum. Muuch Tulum is located just 15 minutes from the Hotel Zone of Tulum and the beautiful beaches. This beautiful 2-level penthouse style is fully equipped, ready to live in or to start earning money through vacation rentals. To maximize the benefit of your investment, this property consists of two studios with independent access, which means that you can rent them independently and gain money for each studio.

Features

Bedrooms2
Bathrooms2
Area156 m2
ReferenceTUL-S-0570

Amenities

Jacuzzi
Lock-off
Ocean view
Pool
Rooftop
Terrace

$270,000 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 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

Priced in line with similar listings

Median, 2-bedroom in Tulum$263,600 USD
This listing, per m2$1,730 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 26 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term3.8%

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 5.8% 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.