For sale

New Boutique Development, Chic Condos for Sale in Playa del Carmen – Jungle Realtor

Playa del Carmen

$110,527 USD

Listed by Dryer Hookup Jungle Jungle Realtor +529841361005

Listed 11 hours ago

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Description

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

Features

Bedrooms1
Bathrooms1
Year built2023
ReferenceEXT-2370

Amenities

Parking
Terrace

$110,527 USD

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The market in Playa del Carmen

Homes for sale on this site484
Median asking price$236,500 USD
Typical range$118,100 USD – $850,000 USD
Median per m2$3,320 USD

Bedrooms	Listings	Median asking price
Studio	90	$237,300 USD
1	156	$171,800 USD
2	127	$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

36% below the median for similar listings

Median, 1-bedroom in Playa del Carmen$171,800 USD

Based on 156 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 11 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$873 USD
Gross yield if rented long-term9.5%

Based on 62 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 11.0% gross yield a year

Assumes $88 USD a night at 38% occupancy
Short-term gross, per month$1,017 USD
Short-term gross, per year$12,199 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.