Tulum, Mexico is an attractive option for those looking to purchase property for either vacation or year-round living due to its excellent climate and beautiful beaches. The price of a home in Tulum can vary depending on the location and type of home purchased. The three main types of properties available for sale in Tulum are condos, houses, and villas.
New construction condos in Tulum range in price from $105,000 to $550,000 USD with an average price of $167,393 USD for a one-bedroom, $285,924 USD for a two-bedroom, and $469,464 USD for a three-bedroom condo. Many Americans are buying condos in Tulum as an investment opportunity and as a vacation home, and retirees are also buying condos in Tulum as a place to live full-time or part-time.
New construction houses in Tulum range in price from $143,298 USD to $479,000 USD with an average price of $172,593 USD for a one-bedroom, $264,870 USD for a two-bedroom, $386,824 USD for a three-bedroom, and $423,456 USD for a four-bedroom house. Houses are a good choice for families and retirees who want to vacation and live in Tulum either full-time or part-time, and they also make excellent investment properties.
Villas in Tulum are generally more expensive than condos and houses, with prices starting at around $600,000 USD. Villas are a popular choice for those looking for more privacy and space.
The real estate market in Tulum is growing, with Mexicans, Americans, and Canadians all buying property in the area. Many Americans are buying property in Tulum as an investment opportunity and as a vacation home, while first-time home buyers are attracted to the affordable prices compared to their own country. Additionally, Tulum's green school in Selva Zama is expected to mature the market, bringing more families to the region.