For sale

High-end Lock-Off Condos for Sale in Tulum, Suite Number 208 – Living Riviera Maya Real Estate

Tulum

$320,000 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 2 days ago

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Description

Living Riviera Maya welcomes you to one of our favorite developments in beautiful Tulum.

These luxury condos for sale in Tulum are designed to provide comfort, privacy, security, enjoyment and profitability in Tulum; a destination recognized worldwide for its beaches, cultural plurality and unique lifestyle.

This Tulum real estate development is an excellent investment opportunity. You can use your new condo as a second home in the Caribbean, with the option to rent it temporarily while you are away.

The developer offers a vacation rental management program that offers competitive benefits and gives you the freedom to rent your property with the assurance that your guests will be taken care of during their stay.

This stunning project offers its lucky owners first class features and amenities such as:

-Concierge services, lobby, 24/7 security with supervised access.

-Integrated Internet service in each condominium and common area.

All units are delivered fully equipped. Contact our specialists now to learn more about these condos for sale in Tulum.

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

Features

Bedrooms1
Bathrooms2
Area98 m2
ReferenceTUL-S-0400

Amenities

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

$320,000 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

84% above the median for similar listings

Median, 1-bedroom in Tulum$173,600 USD
This listing, per m2$3,270 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 40 years of renting a similar home

Typical long-term rent in Tulum, per month$673 USD
Gross yield if rented long-term2.5%

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 3.4% 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.