For sale

Spacious Ground-Floor Condo

Playacar Fase 2, Playa del Carmen

$350,000 USD

Listed by Playacar Homes

Listed 1 day ago

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Ref. PDC-S-0065 Request a viewing Make an offer

Neighborhood map Street View Approximate area only · Playacar Fase 2

Description

Discover an exceptionally spacious ground-floor condo in Azul Playacar, located within the beautiful gated community of Playacar Phase II in Playa del Carmen.

With an impressive 181 m² (1,948 sq ft) of living space, this residence offers the size and comfort that can be difficult to find in newer developments. The ground-floor location makes everyday living especially convenient, while the generous layout gives the property the feel of a home rather than a typical condo.

Living in Azul means enjoying the privacy and tropical surroundings of Playacar Phase II, one of Playa del Carmen’s most established residential communities. Surrounded by mature greenery and the Playacar golf course, the area offers a peaceful atmosphere while still being just minutes from the beach, Fifth Avenue, restaurants, shopping and everything downtown Playa del Carmen has to offer.

This condo is an excellent option for anyone looking for substantial living space in Playacar, whether as a full-time residence, vacation property or investment.

181 m², 3 bedrooms and 4 bathrooms at this price make this a particularly attractive opportunity for buyers looking for space and value inside Playacar.

Features

Bedrooms3
Bathrooms4
Area181 m2
Parking1
Year built2007
HOA / maintenance fee$6,361 MXN
ReferencePDC-S-0065

Amenities

Gated community
Gym
Parking
Pool

$350,000 USD

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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$1,930 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 8.2% gross yield a year

Assumes $208 USD a night at 38% occupancy
Short-term gross, per month$2,403 USD
Short-term gross, per year$28,834 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.