For sale

Executive Downtown Condos For Sale in Playa – Living Riviera Maya Real Estate

Playa del Carmen

$210,000 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 2 days ago

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Ref. PDC-S-0457 Request a viewing Make an offer

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Description

Exclusive executive condos for sale in Playa del Carmen, Quintana Roo, Mexico.

These elegant condos are a part of thirty-unit development located just walking distance to all your favorites places; only one block away from world-famous Fifth Ave, four from the coast, and just eight from renowned Mamitas Beach. This strategic and privileged location simply adds more value to your property.

If you love moving in style and comfort, then these are the perfect condos for you.

With a splendid view from its terrace and high-end finishes throughout, this magnificent development offers its lucky owners a variety of worry-free services and amenities such as:

*Lobby *Underground parking *24/7 security on duty *Laundry *Elevator *Infinity pool *Roof terrace *Panoramic gym *Grill area

If you would like to obtain more information on these condos, such as different floor plans and price points available, or to schedule a showing, please do not hesitate to contact our specialists.

Please note: This property is under construction. The final product may differ from the listing description and photographs.

Features

Area52 m2
Year built2020
ReferencePDC-S-0457

Amenities

BBQ area
Elevator
Furnished
Gym
Laundry
Ocean view
Parking
Pool
Rooftop
Security 24/7
Terrace

$210,000 USD

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The market in Playa del Carmen

Homes for sale on this site484
Median asking price$236,500 USD
Typical range$118,100 USD – $850,000 USD
Median per m2$3,320 USD

Bedrooms	Listings	Median asking price
Studio	90	$237,300 USD
1	156	$171,800 USD
2	127	$252,300 USD
3	71	$436,500 USD
4+	40	$875,000 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

11% below the median for similar listings

Median in Playa del Carmen$236,500 USD
This listing, per m2$4,040 USD
Median per m2$3,320 USD

Based on 484 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 19 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$898 USD
Gross yield if rented long-term5.1%

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 4.6% gross yield a year

Assumes $70 USD a night at 38% occupancy
Short-term gross, per month$809 USD
Short-term gross, per year$9,704 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.