Property Overview

Location: Tulum, Quintana Roo

Price: $695,000 USD (reduced from over $1 million)

Lot Size: Approximately 420 square meters (~4,520 sq. ft.)

House Size: Approximately 300 square meters (~3,230 sq. ft.), two floors

Bedrooms/Bathrooms: 5 bedrooms with a mix of ensuite and shared bathrooms

Key Features

Outdoor Living: Sunken living room, large outdoor dining area, shaded patios, and a sizable pool for cooling off in hot weather Finishes & Appliances: Concrete and tile finishes, gas range, large refrigerator, open floor plan with ample counter space, and built-in pantry shelves Potential for Upgrades: Current flooring could be updated to enhance resale or rental appeal; the addition of ensuites in upstairs bedrooms could also improve rental income

Investment Potential

Rental Revenue: Currently generates approximately $84,000 per year in rental income Projected ROI with Upgrades: Potential to increase revenue to $100,000–$120,000 annually with flooring and bathroom upgrades (estimated investment $50,000–$100,000) Occupancy Rate: Maintains an occupancy of around 65%, which could be optimized further with strategic seasonal pricing

Management & Marketing

Airbnb Performance: Listed with strong reviews and competitive occupancy, benefits from marketing through AirDNA analytics Pricing Optimization: Potential to increase peak-season rates further by adjusting pricing strategies for December–February to capture festival demand Concierge Services Available: Concierge and extra services can be added to elevate guest experience, enhancing reviews and potentially increasing revenue

Market Insights

Demand for Larger Properties: Larger properties with 5+ bedrooms in Tulum are often in demand for group rentals (e.g., events and family gatherings), supporting a higher rental yield