For sale

Gran Tulum – 3 Bedroom Penthouse – Tulum Real Estate

Tulum

$611,255 USD

Listed by Tulum Real Estate – Search & Find Properties For Sale

Listed 2 days ago

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Description

3 Bedroom Penthouse For Sale in Tulum Mexico. Located within Gran Tulum; a gated community closest to the beach.

Features

Bedrooms3
Bathrooms3
Area185 m2
ReferenceTUL-S-0376

Amenities

Air conditioning
Beach access
Beach club
Furnished
Garden
Gated community
Gym
Lock-off
Pool

$611,255 USD

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The market in Tulum

Homes for sale on this site610
Median asking price$258,500 USD
Typical range$119,000 USD – $675,800 USD
Median per m2$2,680 USD

Bedrooms	Listings	Median asking price
Studio	119	$321,700 USD
1	207	$173,100 USD
2	163	$262,200 USD
3	85	$369,600 USD
4+	36	$775,600 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

65% above the median for similar listings

Median, 3-bedroom in Tulum$369,600 USD
This listing, per m2$3,300 USD
Median per m2$2,150 USD

Based on 85 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 29 years of renting a similar home

Typical long-term rent in Tulum, per month$1,750 USD
Gross yield if rented long-term3.4%

Rent figure is a published estimate for this city and 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 4.7% gross yield a year

Assumes $264 USD a night at 30% occupancy
Short-term gross, per month$2,408 USD
Short-term gross, per year$28,892 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.