Tulum is a popular tourist destination for people from all over the world. It has been growing quickly for some time now, and property prices have been rising just as fast. There are many different types of properties to buy in Tulum, and below we’ll give you an overview of each type so you can get started in your search.
There are a few different types of properties you can buy in this area.
When looking for a vacation property in Tulum, Mexico you have many different options. Some of the main ones include:
Within each of these categories, you will also find beachfront properties and other properties.
Condos in Tulum Mexico
You may be more familiar with condos than other types of properties, as they are quite popular in the United States. A condo is a small unit, usually one or two bedrooms, located in a larger building that houses many other condos.
Condos can often be more affordable than villas or homes and they are easier to maintain and more secure. They tend to be popular among couples looking for a vacation home or retirees looking for an investment property that doesn’t require much upkeep.
However, you should make sure you’re comfortable with the rules and regulations associated with owning a condo if you choose this option.
Condos are great for short-term renting to tourists.
Short-term rentals are a booming business. So much so, that in Tulum there’s now a competitive rental market for vacationers looking to book their next trip.
Vacationers these days often prefer condos to hotels. It gives them more space, a kitchen area, and the ability to come and go as they please.
This can be great for you as an investor because it means that you can rent out your condo on a daily, weekly, or monthly basis. You’ll have no problem finding renters given the popularity of Tulum as a tourist destination!
Click here to see Condo listings in Tulum Mexico.
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Hotel condos are the next type of property offered in Tulum.
Hotel condos are the next type of property offered in Tulum. Hotel condos are usually managed by a hotel management company, which makes them very convenient for vacation or retirement purposes.
These types of properties are usually located in a hotel and have a great location. Think about it: you can stay at your condo when you visit and rent it out during the high-season times when you’re not there! What more could you ask for?
They cost more than regular condominiums, but you usually get more from them.
If you’re planning to buy a vacation home in Tulum Mexico, then take the time to learn more about fractional ownership. It’s similar to investing in timeshares except it works on a lease basis, and you often have more control over your purchase.
You pay for a portion of the property (usually 1/4 or 1/8) and can use this space for your vacations throughout the year. Some of these properties are located in hotels, so you get access to all the amenities that come with them as well.
There are many benefits to buying a fractional property here:
- You get a guaranteed rental income from your investment when you’re not using it.
- You also get to use the property for your own vacations.
- The management services are usually taken care of by hotel staff, who know exactly how they should handle this type of rental.
If you prefer to have more control then instead of fractional ownership it is better to have full ownership.
Click here to read about fractional ownership vs full ownership in Mexico.
Villas are the next type of property that you can buy.
Villas are the next type of property that you can buy. A villa is a large building or a house that is divided into separate apartments.
A lot of the villas in Tulum are gated communities with 24-hour security and amenities like swimming pools, tennis courts, spas, and gyms.
They may be anywhere from two to six stories tall and have between two and five apartments per floor. Many times, these villas will also be located inside a larger resort or development community.
These properties are similar to condos because they share many of the same amenities as condos but often cost more due to their larger size. Villas will usually range from $200-600k depending on their size and location within Tulum proper.
Villas are the size of an entire house, and they sometimes have outside space as well.
Villas are the size of an entire house, often over 1000 square feet. They usually have one or two bedrooms, though some have more. They might be in gated communities with pools and other features or they might be in residential areas. Villas are generally more expensive than condos, but they offer more space and a little privacy. If it’s important to you to have your own yard or garden, consider a villa instead of a condo.
Click here to see Villas for Sale in Tulum Mexico.
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You might also be able to find single-family houses or townhouses to buy in this area.
As you look for vacation properties, you may also want to consider townhouses. These are usually smaller than single-family homes and often share walls or yards with other townhouses.
This means they may be cheaper than single-family homes, but they can also come with a homeowners association that sets rules about what you can do with the property. Still, they can have just as great of views and amenities as other vacation properties.
Click here to see houses and townhouses for Sale in Tulum Mexico.
Click here to View All Houses & Townhouses for Sale in Mexico.
Each type of vacation home has its own pros and cons, so research what you want carefully.
You’re looking to buy a vacation property in Tulum Mexico, and you want it to be in a place that’s both highly desirable and accessible. There are many types of vacation property to consider, however: will your vacation home be for personal use, or do you plan on renting it out as an investment?
Beachfront properties can fetch higher prices for short-term rentals but are also more expensive to maintain. They may also come with certain seasonal restrictions regarding occupancy.
If you plan on enjoying your vacation home regularly but still want to make some money from short-term rentals, consider buying a place away from the beach in exchange for lower prices and fewer maintenance costs.
The location of the property is also important; if there are no restaurants nearby or attractions close enough for guests to walk to, then your rental income may suffer as a result.
Determine what types of amenities will boost your rental rates (for example, having its own pool), and then try to find spots that have these amenities without being too close together since this could negatively impact your rate due to the competition between them.
Would you like help and guidance to find a vacation home in Riviera Maya Mexico? We help you, understand, find and close on your vacation property in Riviera Maya Mexico. We have vacation properties for sale in Tulum, Playa del Carmen, Puerto Aventuras, and throughout Riviera Maya Mexico.
Click here to contact our qualified real estate agents at no cost and at no obligation today.
Are you interested in receiving the best listings in Riviera Maya Mexico? Click the links below:
Get the 10 Best Tulum Vacation Homes (to Rent Out) on Sale Now
Mexico Vacation & Investment Property for Sale
10 Best Tulum Condos for Sale Under $150k
10 Best Tulum Condos for Sale Now Under $300k
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Read more helpful articles below:
Click here to read more about buying property in Mexico as a non-Mexican.
Buying a Vacation home in Tulum Mexico to Rent out
5 Ways to Finance a Vacation Home in Mexico (as a non-Mexican)
8 Reasons Why Tulum Mexico Real Estate Market Is Booming (during the Pandemic)
What Property in Mexico Appreciates in value the most?
Guide to HOA Mexico Real Estate (Homeowners Association in Mexico)
