For sale

Oceanview 3BR Condos for Sale in Playa del Carmen, Suite Number B-103 – Living Riviera Maya Real Estate

Playa del Carmen

$1,072,315 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 2 days ago

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Ref. PDC-S-0186 Request a viewing Make an offer

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Description

Three-bedroom condos for sale in Downtown Playa del Carmen, Quintana Roo, Mexico.

Welcome to a new project in the heart of Playa del Carmen. The development consists of 82 condos total, including one, two, and three-bedroom condos plus three-bedroom penthouses.

Split into two towers, the development offers its lucky owners a wide array of features & amenities including,

*Two towers *Two lobbies *Media club *4 elevators *Gym *Spa *Sports bar *Game room *Sky bar *Infinity pool *Underground parking

82 condos in 6 floors, featuring 12 one-bedroom condos, 56 two-bedroom condos, 9 three-bedroom condos, and 5 three-bedroom penthouse units. If you would like to learn more about these condos for sale in Playa del Carmen, do not hesitate to contact us.

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

Features

Bedrooms2
Bathrooms3
Area225 m2
Year built2021
ReferencePDC-S-0186

Amenities

Beach access
Elevator
Garden
Gym
Ocean view
Parking
Pool
Terrace

$1,072,315 USD

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The market in Playa del Carmen

Homes for sale on this site487
Median asking price$237,800 USD
Typical range$118,100 USD – $842,200 USD
Median per m2$3,320 USD

Bedrooms	Listings	Median asking price
Studio	92	$238,800 USD
1	157	$172,600 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

325% above the median for similar listings

Median, 2-bedroom in Playa del Carmen$252,300 USD
This listing, per m2$4,770 USD
Median per m2$3,020 USD

Based on 127 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 41 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$2,200 USD
Gross yield if rented long-term2.5%

Based on 15 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 1.9% gross yield a year

Assumes $149 USD a night at 38% occupancy
Short-term gross, per month$1,721 USD
Short-term gross, per year$20,655 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.