For sale

Gorgeous 1BR Condos for Sale in Tulum – Living Riviera Maya Real Estate

Tulum

$190,084 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 20 hours ago

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Description

Small development with only fourteen condos for sale in Tulum, Quintana Roo, Mexico.

It has that residential sensibility that makes you feel like a local like you belong. Tucked in the heart of Tulum, is a destination worth finding. A place between your roots and a new beginning.

The development comprises in three levels & rooftop. Versatile and customizable condo units with sizes ranging from: 580 Sq Ft to 869 Sq Ft

Amenities: ▪️ Lobby and concierge. ▪️ Bar & lounge coworking area ▪️ Closed gym with AC ▪️ Open space for outdoor workouts and yoga area ▪️ 1 Parking space per unit (deeded) ▪️ Plunge pool in all units ▪️ In the commercial area, there will be a laundry room open to the public

Do not miss out on this excellent opportunity in a fast-growing area. Contact our specialists to learn about available floor plans, payment options, price points, or schedule a visit.

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

Features

Bedrooms1
Bathrooms1
Area73 m2
Parking1
ReferenceEXT-2348

Amenities

Balcony
Coworking
Furnished
Gated community
Gym
Jacuzzi
Laundry
Parking
Pool
Rooftop
Terrace

$190,084 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

9% above the median for similar listings

Median, 1-bedroom in Tulum$173,600 USD
This listing, per m2$2,600 USD
Median per m2$3,060 USD

Based on 207 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 24 years of renting a similar home

Typical long-term rent in Tulum, per month$673 USD
Gross yield if rented long-term4.3%

Based on 71 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 5.8% gross yield a year

Assumes $100 USD a night at 30% occupancy
Short-term gross, per month$912 USD
Short-term gross, per year$10,944 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.