For sale

Palma Real Playacar House

Palma Real, Playa del Carmen

$349,100 USD Listed at $6,500,000 MXN

Listed by Playacar Homes

Listed 1 day ago

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Ref. PDC-S-0085 Request a viewing Make an offer

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Description

3 bedroom + service room 4 full bathrooms Walking closet 1 half bathroom Private garage Backing the golf course Communal pool Private security 5 min to the beach entrance (Riu)

Pools and Private Security surrounded by tropical greenery. Fully furnished and move in ready.

Features

Bedrooms3
Bathrooms4
Area220 m2
ReferencePDC-S-0085

Amenities

Beach club
Furnished
Parking
Pool

$349,100 USD Listed at $6,500,000 MXN

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The market in Playa del Carmen

Homes for sale on this site476
Median asking price$234,800 USD
Typical range$118,100 USD – $850,000 USD
Median per m2$3,280 USD

Bedrooms	Listings	Median asking price
Studio	90	$237,300 USD
1	155	$171,000 USD
2	121	$252,300 USD
3	70	$442,800 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

21% below the median for similar listings

Median, 3-bedroom in Playa del Carmen$442,800 USD
This listing, per m2$1,590 USD
Median per m2$2,370 USD

Based on 70 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$2,590 USD
Gross yield if rented long-term8.9%

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 8.3% 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.