For sale

Upscale Condos for Sale in La Veleta – Living Riviera Maya Real Estate

Tulum

$204,500 USD

Listed by Ryan Dunn Living Riviera Maya Real Estate

Listed 13 hours ago

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Description

Living Riviera Maya welcomes you to one of our favorite developments in beautiful Tulum.

These luxury condos for sale in Tulum are designed to provide comfort, privacy, security, enjoyment and profitability in Tulum; a destination recognized worldwide for its beaches, cultural plurality and unique lifestyle.

This Tulum real estate development is an excellent investment opportunity. You can use your new condo as a second home in the Caribbean, with the option to rent it temporarily while you are away.

The developer offers a vacation rental management program that offers competitive benefits and gives you the freedom to rent your property with the assurance that your guests will be taken care of during their stay.

This stunning project offers its lucky owners first class features and amenities such as:

-Concierge services, lobby, 24/7 security with supervised access.

-Integrated Internet service in each condominium and common area.

All units are delivered fully equipped. Contact our specialists now to learn more about these condos for sale in Tulum.

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

Features

Bedrooms1
Bathrooms1
Area75 m2
ReferenceTUL-S-0621

Amenities

Balcony
Elevator
Furnished
Gated community
Gym
Jacuzzi
Laundry
Parking
Pool
Security 24/7

$204,500 USD

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The market in Tulum

Homes for sale on this site591
Median asking price$260,000 USD
Typical range$118,600 USD – $661,100 USD
Median per m2$2,660 USD

Bedrooms	Listings	Median asking price
Studio	115	$321,700 USD
1	199	$177,000 USD
2	160	$267,000 USD
3	83	$369,600 USD
4+	34	$792,900 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

16% above the median for similar listings

Median, 1-bedroom in Tulum$177,000 USD
This listing, per m2$2,730 USD
Median per m2$3,070 USD

Based on 199 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 25 years of renting a similar home

Typical long-term rent in Tulum, per month$671 USD
Gross yield if rented long-term3.9%

Based on 70 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 5.4% gross yield a year

Assumes $100 USD a night at 30% occupancy
Short-term gross, per month$912 USD
Short-term gross, per year$10,944 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.