For sale

Condo for Sale in Tulum

Tulum

$137,500 USD

Listed 19 hours ago

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Description

The Garden of Earthly Delights is Bosch’s most enigmatic work, a triptych that represents the third day of the creation of the world when the waters of the earth parted, and the earthly paradise, Eden, was created. From this majestic and brilliant work by Bosco, Blancarena Edén is inspired to give birth to this great project in Region 15 of Tulum. A development of 120 study units divided into two phases, the first to be delivered in September 2022. Elements of the painting are glimpsed in the architectural design of Eden, such as its emblematic entrance door that invites you to forget the outside world and be transported to a unique development that your clients will love and that you will enjoy when you are on vacation. Did you say Instagram? Tulum has become one of those instagrammable places and Blancarena Edén has everything to become one of the next places that everyone will want to visit, stay and take photos.

Features

Bedrooms2
Bathrooms1
Area60 m2
ReferenceTUL-S-0382

Amenities

Elevator
Garden
Gym
Pool
Rooftop
Terrace

$137,500 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

48% below the median for similar listings

Median, 2-bedroom in Tulum$263,600 USD
This listing, per m2$2,290 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 13 years of renting a similar home

Typical long-term rent in Tulum, per month$859 USD
Gross yield if rented long-term7.5%

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 11.3% 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.