The average price of homes in Tulum Mexico Real Estate in 2024
If you’re looking to purchase property, whether it’s for vacation or to live year-round, Tulum is a great option. With an excellent climate and beaches, things are just more fun down there. But how much is the price of a home in Tulum Mexico?
Is it possible to find a place for under $100K? What types of homes are available in Tulum? Let’s discuss this now.
How much is a home in Tulum Mexico?
The price for a home in Tulum Mexico can vary. Prices depend upon the location and the type of home you buy in Tulum.
3 types of properties on Sale in Tulum Mexico
1. Condos for Sale in Tulum Mexico
Click here to view condos for sale in Tulum Mexico
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What’s the price of a condo in Tulum Mexico?
New construction condo prices in Tulum range from $105,000 USD to $550,000 USD. With some condos for sale in large complexes of 240 or more condos and others in smaller more private condo complexes suitable for those who want more privacy.
There are resales of condos in Tulum however most of the buyers prefer the new-construction condos as they tend to have better amenities and better locations.
There are many different areas in Tulum such as Aldea Zama, La Veleta, Holistika, Region 15, Selva Zama, and more. Areas such as region 8 and 101 Tulum are some of the closest locations to the beach. They are experiencing a significant number of property sales as they have great potential as vacation rentals and vacation homes.
What is the average cost of a Condo in Tulum?
The average price of a Condo in Tulum from current listings for Condos.
| Type of Condo | Average Price |
| 1-Bedroom | $194,653 USD |
| 2-Bedroom | $287,813 USD |
| 3-Bedroom | $497,654 USD |
Who is buying Condos in Tulum Mexico?
The real estate market in Tulum is growing. With Mexicans, Americans, and Canadians buying a condo in Tulum Mexico. Many Americans are buying a condo in Tulum as an investment opportunity and as a vacation home. First-time home buyers are purchasing a condo in Tulum Mexico because of the affordable price compared to their own country.
Condos make great investment properties. Condos make a good income on the Airbnb vacation rental market. As travelers enjoy staying in a condo because of the access to amenities such as a pool, yoga area, and lounge bar.
Retirees are also buying a condo in Tulum as a place they can live in full-time or part-time to escape the winter months in their primary residence.
Is there financing available for buying a condo in Tulum Mexico?
We have some condos available with financing for Americans, Canadians and Mexicans. Tulum country club has 50% developer financing for 7 to 9 years at around 7% to 8% interest (interest-free during the construction phase) after the completion. Click here to learn more about Tulum Country Club real estate.
Bakal Tulum offer beautiful equipped and furnished condos with a 50% financing for 10 years at around 8%. We also have financing available on other condos within Tulum. Click here to contact us today to learn more about Tulum condos that offer financing.
Many of our clients are using financing to purchase their property in Tulum as a bridge loan giving them time between selling one of their other primary or investment properties that once sold they use to fully down pay their property in Tulum.
2. Houses for Sale in Tulum Mexico
What’s the price of a house in Tulum Mexico?
New construction house prices in Tulum range from $143,298 USD to $1,479,000 USD. With some houses for sale in that are townhouses and that are single-family houses suitable for those who want more privacy.
There are resales of houses in Tulum however most of the buyers prefer the new construction houses.
What is the average cost of a House in Tulum?
The average price of houses in Tulum from current listings for Houses.
| Type of House | Average Price |
| 1-Bedroom | $222,872 USD |
| 2-Bedroom | $304,870 USD |
| 3-Bedroom | $446,824 USD |
| 4-Bedroom | $543,456 USD |
Who is buying Houses in Tulum Mexico?
The housing market is the market that we’ve seen growing in the last few years in Tulum. Mexicans, Americans, and Canadians are buying houses in Tulum Mexico. Americans are buying a house in Tulum as an investment opportunity and as a vacation home in the colder months.
Houses prove to be a good choice for families and retirees who want to vacation and live in Tulum Mexico either full-time or part-time.
Houses are great investment properties. The value of houses is set to increase with the Tulum airport and Maya train completion.
The opening of Tulum’s green school in Selva Zama will mature the market in Tulum. Bringing more families to the region most of who could be classed as affluent.
Is there financing available for buying a house in Tulum Mexico?
We have some land to build houses available with financing for Americans, Canadians, and Mexicans. Tulum country club has 50% developer financing for 7 to 9 years at around 7% to 8% interest (interest-free during the construction phase) after the completion. Click here to learn more about Tulum Country Club real estate.
Many of our clients are using financing (or the time between construction and delivery) to purchase their property in Tulum as a bridge loan giving them time between selling one of their other primary or investment properties that once sold they use to fully down pay their property in Tulum.
3. Villas for Sale in Tulum Mexico
What’s the price of a Villa in Tulum Mexico?
New construction villa prices in Tulum range from $320,000 USD to $3,073,315 USD. With some Villas for sale in private secure communities and others that are beachfront villas with a fantastic view of the ocean.
There are resales of villas in Tulum. Some buyers prefer buying new construction villas while others look to get a good deal on a resale villa with a view.
What is the average cost of a Villa in Tulum?
The average price of a villa in Tulum from current listings for Villas.
| Type of Villa | Average Price |
| 2-Bedroom | $592,927 USD |
| 3-Bedroom | $670,186 USD |
| 4-Bedroom | $1,365,438 USD |
Who is buying Villas in Tulum Mexico?
The villa market is the premium market in Tulum. Mexicans, Americans, and Canadians are buying villas as a getaway private vacation home in Tulum Mexico.
Villas are a great investment property. The value of villas is set to increase with the Tulum airport and Maya train completion. They are also good vacation rentals commanding a higher income on Airbnb in the high holiday seasons.
Why are people buying properties in Tulum Mexico?
Caribe Luxury Homes has a large database of people interested in Tulum, Mexico real estate. We performed an analysis of our real estate buyers to see the reasons why they decided to buy in Tulum, Mexico.
The results are below:
62% – Return on Investment
18% – Vacation Home
10% – Move to Mexico
10% – Retirement
Rental Information
9,244 active rentals on the Tulum Vacation rental market. 6% quarterly growth from last year.
35% of all available properties on Airbnb and VRBO are full-time rentals. 65% of rentals are either used by the owner during the year or are part-time rentals on the market.
Top 5 requested amenities for short-term rentals by guests in Tulum:
- Internet
- Air Conditioner
- Kitchen
- Pool
- Parking
Average daily rental income of $109 USD per unit.
Rental size:
1.8 bedrooms /4.8 guests on average
By main areas:
Aldea Zama: 2 bedrooms / 5.2 guests on average
Region 15: 1.5 bedrooms / 4.2 guests on average
Centro: 1.5 bedrooms / 4.1 guests on average
Data source: Airdna.com
Tulum Vacation Rental ROI Calculation
| Type of Unit | Annual Revenue | Average Daily Rate | Occupancy Rate | Purchase Price | Operating Expenses | Net Operating Income | Cap Rate |
|---|---|---|---|---|---|---|---|
| Studio | $15,322 | $67 | 63% | $121,000 | $5,040 | $10,282 | 8.50% |
| 1 Bedroom | $17,415 | $87 | 55% | $141,000 | $5,764 | $11,651 | 8.26% |
| 2 Bedroom | $27,631 | $123 | 62% | $225,000 | $9,158 | $18,473 | 8.21% |
| 3 Bedroom | $75,310 | $317 | 65% | $470,000 | $23,528 | $51,782 | 11.02% |
| 4 Bedroom | $103,563 | $448 | 63% | $700,000 | $32,891 | $70,672 | 10.10% |
Based on Airbnb data. July 2023. Check here to view the Tulum Vacation Rental Calculator on Airdna.
Overview of the Tulum Market:
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Stable Market Growth: The vacation rental market in Tulum is growing, with a 6% quarterly growth rate over the past three years. This suggests a steadily increasing demand for vacation rentals, indicating that new entrants to the market are likely to find a robust and dynamic demand for their properties.
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High Demand for Entire Home Rentals: The data reveals that 86% of rentals are for the entire home. This preference for privacy and space is a good sign for those interested in buying larger properties, such as villas, houses, and condos.
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Well-Equipped Homes Are More Attractive: The majority of vacation rentals in Tulum offer amenities such as a pool, internet, kitchen, and air conditioning, which are in high demand. Investing in a property that can provide these amenities would likely increase its appeal to potential renters.
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High Satisfaction among Renters: The overall Airbnb rating for vacation rentals in Tulum is 4.61, with 70% of properties receiving at least a 4.5 overall. These high ratings indicate that vacationers have positive experiences in Tulum rentals, signaling a high level of satisfaction with the available housing stock.
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Availability and Booking Rates: The rental activity data reveals that 35% of the properties are available full-time, while the majority of the properties are booked. This shows that there is a constant demand for rental properties in Tulum, which can assure potential buyers of a steady income stream.
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Favorable Rental Policies: The data reveals a range of cancellation policies and minimum stay requirements, offering flexibility for renters. This diversity can be seen as a sign of a mature, balanced market, which is a positive aspect for potential buyers.
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Rental Sizes and Capacity: The average vacation rental in Tulum has 1.8 bedrooms and can accommodate 4.8 guests. This indicates that families and groups of friends – potentially higher-spending tourists – form a significant portion of the market. Buyers interested in larger properties, such as villas, houses, and condos, should therefore consider the potential revenue from renting to these types of visitors.
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Trend Towards Professional Management: The top property managers listed have a considerable number of listings and maintain high ratings. This suggests that professional management is both prevalent and successful in Tulum, an encouraging point for buyers who would not be able to manage the properties themselves.
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High Occupancy Rates: With only 35% of rentals available full-time and 69% booked, the high occupancy rate is a clear indication of Tulum’s popularity as a vacation destination. For potential buyers, this translates into a steady and reliable return on investment.
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Strong Review Culture: The high number of reviews for top property managers indicates a strong review culture among vacationers in Tulum. This implies a highly-engaged renter community that can help maintain standards and drive improvements across the board.
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Ease of Check-In Process: A high rating for ‘Check In’ in the Airbnb ratings suggests that many rentals in Tulum have made this process seamless for guests. This may be due to the prevalence of professional management, which buyers might consider when planning their own property operations.
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Flexible Cancellation Policy and Minimum Stay: The range of cancellation policies and minimum stay requirements across the rentals provide flexibility to guests, which can be an attractive aspect when they’re considering booking a property. For potential buyers, offering such flexibility could be an essential strategy for attracting renters.
Find a property for sale in Tulum Mexico
If you are looking for privacy with a stunning view then buying a villa in Tulum Mexico can be a fantastic investment.
If you would like to find your dream villa in Tulum then contact our premier real estate agents In Tulum Today. Click here to contact them now.
Click here to get sent the 10 Best Pre-Construction Properties for Sale in Tulum Mexico
