For sale

Region 15 Lot 10 – Lot 660 m² – Tulum Real Estate

Tulum

$180,000 USD

Listed by Tulum Real Estate – Search & Find Properties For Sale

Listed 2 days ago

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Description

660 m² Residential Lot with H2 Land Use in Prime Tulum Location Set in the heart of Region 15, one of Tulum’s fastest-growing and most in-demand areas, this 660 m² residential lot is an excellent opportunity for housing development or a custom private residence. With H2 land use designation, this property offers flexibility for vertical

Features

Area660 m2
Lot size660 m2
ReferenceTUL-S-0192

Amenities

Beach access

$180,000 USD

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The market in Tulum

Homes for sale on this site610
Median asking price$258,500 USD
Typical range$119,000 USD – $675,800 USD
Median per m2$2,680 USD

Bedrooms	Listings	Median asking price
Studio	119	$321,700 USD
1	207	$173,100 USD
2	163	$262,200 USD
3	85	$369,600 USD
4+	36	$775,600 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

30% below the median for similar listings

Median in Tulum$258,500 USD
This listing, per m2$273 USD
Median per m2$2,680 USD

Based on 610 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 23 years of renting a similar home

Typical long-term rent in Tulum, per month$644 USD
Gross yield if rented long-term4.3%

Rent figure is a published estimate for this city and size. 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 4.9% gross yield a year

Assumes $80 USD a night at 30% occupancy
Short-term gross, per month$730 USD
Short-term gross, per year$8,755 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.