For sale

Condo for Sale in Tulum

Tulum

$230,000 USD

Listed 1 day ago

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Description

It is not necessary to mention that Tulum has become the area with the highest capital gains in recent years, which is why Meraki’s developers decide to choose this city for this project with unique characteristics that challenge and redefine the concept of vacation rental. Meraki means ‘The duality of the mirror’ comes from the Greek language and is used as an adjective when something is done with great effort and love when you leave a part of yourself in everything you do. It rises on 4 levels in the well-known area of La Veleta in Tulum, just 18 minutes by bicycle from the beach, ideal for the vacationer who likes to ride and get to know the area, go out on a bicycle and tour Tulum in the most eco-friendly way; or the equivalent of 10 minutes by car This beautiful project has studios, one-bedroom, and two-bedrooms units that are delivered fully furnished and equipped so that you just add that personal touch and will be ready to move in

Features

Bedrooms2
Bathrooms1
Area86 m2
ReferenceTUL-S-0572

Amenities

Furnished
Garden
Gym
Ocean view
Pool
Rooftop
Terrace

$230,000 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 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

12% below the median for similar listings

Median, 2-bedroom in Tulum$262,200 USD
This listing, per m2$2,660 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 22 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term4.5%

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 6.8% 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.