For sale

House for Sale in Playa del Carmen

Playa del Carmen

$220,200 USD Listed at $4,100,000 MXN

Listed 2 days ago

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Description

Playa del Carmen is one of the fastest-growing cities on the American continent. Bustling with tourism and industry, the Riviera Maya is one of the most up-and-coming investment areas for smart investors from all corners of the world. This brand new family-oriented neighborhood is conveniently located near one of the major shopping plazas and is easily accessible to the highway, making this a fantastic location for you and your family. This new gated residential community with extensive green areas that have been designed with a focus on comfortable coexistence between family, friends, and neighbors features large lots and a total of 55 residences of which you will be able to choose between 3 different models. This new area is being constructed with care by one of the areas most reputable developers. This community is comprised of 3 bedroom homes of 180 square meters of finished living space distributed over 2 stories. Each brand new home has off-street parking, well designed communal areas, nice large size lots perfect for outdoor gatherings with plenty of space for children and pets. You and your family will enjoy the quality of life in this new neighborhood in paradise. This gated community has 24-hour security, plenty of green spaces, parks, playgrounds, and a beautiful common swimming pool.

Features

Bedrooms3
Bathrooms3
Area183 m2
ReferencePDC-S-0375

Amenities

Gated community
Gym
Laundry
Parking
Pet friendly
Pool
Rooftop
Terrace

$220,200 USD Listed at $4,100,000 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 site482
Median asking price$235,800 USD
Typical range$118,100 USD – $850,000 USD
Median per m2$3,300 USD

Bedrooms	Listings	Median asking price
Studio	90	$237,300 USD
1	156	$171,800 USD
2	125	$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

50% below the median for similar listings

Median, 3-bedroom in Playa del Carmen$436,500 USD
This listing, per m2$1,200 USD
Median per m2$2,360 USD

Based on 71 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 7 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,580 USD
Gross yield if rented long-term14.0%

Based on 21 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 13.1% 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.