For sale

House for Sale in Playa del Carmen

Playa del Carmen

$264,400 USD Listed at $4,924,018 MXN

Listed 1 day ago

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Ref. PDC-S-0287 Request a viewing Make an offer

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Description

Palmara is a residential project of houses on the outskirts of Playa del Carmen, a charming place to watch your family grow, or invest in real estate. Palmara is the house you always wanted, designed as a luxury community for people who enjoy Premium amenities. The development has a base house and three different models to choose from, as well as options to add an additional room, terrace or covered garage. The location makes it even more striking, since it is located in the residential area of Playa del Camen, a family area with a lot of added value and growth, just 10 minutes from the beach, and close to parks and other activities in the area. Palmara has the best promotions, don’t miss the opportunity and ask me about the house of your dreams.

Features

Bedrooms3
Bathrooms3
Area161 m2
ReferencePDC-S-0287

Amenities

Garden
Gated community
Gym
Parking
Pet friendly
Pool
Rooftop
Terrace

$264,400 USD Listed at $4,924,018 MXN

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Indexed from PIM Riviera Maya. Details may have changed – confirm them on the original listing. More from PIM Riviera Maya Is this yours? Request removal

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The market in Playa del Carmen

Homes for sale on this site469
Median asking price$232,900 USD
Typical range$118,100 USD – $805,600 USD
Median per m2$3,270 USD

Bedrooms	Listings	Median asking price
Studio	86	$233,900 USD
1	154	$171,800 USD
2	120	$251,500 USD
3	69	$449,200 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

41% below the median for similar listings

Median, 3-bedroom in Playa del Carmen$449,200 USD
This listing, per m2$1,640 USD
Median per m2$2,360 USD

Based on 69 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 9 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,590 USD
Gross yield if rented long-term11.7%

Based on 20 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 10.9% gross yield a year

Assumes $208 USD a night at 38% occupancy
Short-term gross, per month$2,400 USD
Short-term gross, per year$28,830 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.