For sale

Elegant 3BR Penthouse for Sale in Tulum – New Chic Development, Suite Number 405 – Living Riviera Maya Real Estate

Tulum

$584,000 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 2 days ago

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Description

Luxury condos for sale in Tulum, Quintana Roo, Mexico.

These brand-new condos for sale in Tulum are part of a beautiful development with light, bright flowy features, and bold floor plans. The entire master plan is being led by one of the major developers in the Riviera Maya, featuring high-end finishes throughout, lush roof terraces & more. Condos are delivered completely furnished and equipped.

FEATURES & AMENITIES ∎5 minutes from the beach ∎Access to Beach Club ∎Access to Lifestyle Center ∎Swimming Pool ∎Gym ∎Parking ∎Laundry ∎Organic Garden ∎Grill ∎Hammocks Area ∎Yoga Room

SERVICES ∎Concierge Services ∎24/7 Security ∎Elevator ∎General Maintenance ∎Vacation Rentals ∎Transportation to Beach Club

The creative use of amenities combined with proximity to the beach makes this a winning choice. Whether you’re looking to venture into the vacation rentals market or simply want to elevate your lifestyle, this is it!

To obtain more information about these spectacular condos for sale in Tulum, learn about the different price points and floor plans, or schedule a showing, please contact our specialists.

Features

Bedrooms4
Bathrooms3
Area207 m2
ReferenceTUL-S-0221

Amenities

Beach club
Elevator
Furnished
Garden
Gated community
Gym
Laundry
Lock-off
Parking
Pool
Security 24/7
Terrace

$584,000 USD

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The market in Tulum

Homes for sale on this site613
Median asking price$260,800 USD
Typical range$119,400 USD – $677,900 USD
Median per m2$2,690 USD

Bedrooms	Listings	Median asking price
Studio	121	$322,700 USD
1	207	$173,600 USD
2	164	$261,900 USD
3	85	$370,800 USD
4+	36	$778,100 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, 4-bedroom in Tulum$588,700 USD
This listing, per m2$2,820 USD
Median per m2$2,830 USD

Based on 26 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 47 years of renting a similar home

Typical long-term rent in Tulum, per month$1,030 USD
Gross yield if rented long-term2.1%

Rent figure is the published city-wide average for apartments, not specific to this size. 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 9.1% gross yield a year

Assumes $485 USD a night at 30% occupancy
Short-term gross, per month$4,423 USD
Short-term gross, per year$53,078 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.