For sale

Condo for Sale in Tulum

Tulum

$355,545 USD

Listed 1 day ago

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Description

Tulum has become in recent years the jewel of the Mexican Caribbean harmoniously integrating the beautiful sea are its marvelous colors on the beach, and the radiant Mayan jungle, and today Solemn Ocean takes advantage of both natural beauties, to become the development with the best amenities in the area, which contributes its grain of sand with ecological technologies. Its magnificent location centers it just three minutes from the beach! Five minutes from the center of Tulum and 15 minutes from the archaeological ruins. This new project has 50 condos in total from studios to penthouses. Finishes will include polished cement and ceramic tiles in polished cement, for this beautiful, fashionable industrial style, chukum for added freshness, and woods such as parota and marble. The project eco-technologies includes: Solar Panels Rainwater Collectors Water Softener Atmospheric drinking water generation Filtration and reuse of gray waters in toilets Construction waste management Cleaning with ozonated water Contact me today to give you more information about this new project, and guide you so that you can convert one of its units into your next investment.

Features

Bedrooms2
Area90 m2
ReferenceTUL-S-0571

Amenities

BBQ area
Beach club
Elevator
Gym
Ocean view
Pool
Rooftop
Terrace

$355,545 USD

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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

36% above the median for similar listings

Median, 2-bedroom in Tulum$262,200 USD
This listing, per m2$3,940 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 34 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term2.9%

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 4.4% 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.