For sale

Lot for Sale in Tulum

Tulum

$72,050 USD Listed at $1,341,615 MXN

Listed 1 day ago

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Description

Luum Tulum is a low density private residential community with single-family lots between 200m2 to 600m2 (2,200 – 6,500 sqft). It has a peaceful location, close to downtown, and surrounded by a natural environment. Each lot has access to the amenities, including common areas such as a playground, a swimming pool, and a barbecue area. Luum Tulum lots offers security, tranquility, nature and a great location close to a diverse range of activities. The project is only 5 minutes away from Holistika Tulum, and 10 minutes from Laguna Kaan Luum, a beautiful lagoon with a cenote.

Features

Bedrooms2
Area600 m2
ReferenceTUL-S-0403

Amenities

Garden
Jacuzzi
Pool
Rooftop
Terrace

$72,050 USD Listed at $1,341,615 MXN

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The market in Tulum

Homes for sale on this site598
Median asking price$260,000 USD
Typical range$119,000 USD – $680,000 USD
Median per m2$2,660 USD

Bedrooms	Listings	Median asking price
Studio	117	$324,500 USD
1	201	$177,000 USD
2	162	$263,600 USD
3	83	$369,600 USD
4+	35	$787,800 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

73% below the median for similar listings

Median, 2-bedroom in Tulum$263,600 USD
This listing, per m2$120 USD
Median per m2$2,480 USD

Based on 162 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 Tulum, per month$859 USD
Gross yield if rented long-term14.3%

Based on 27 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 21.6% gross yield a year

Assumes $142 USD a night at 30% occupancy
Short-term gross, per month$1,300 USD
Short-term gross, per year$15,540 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.