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Avenida Coba Tulum Real Estate for Sale
The road that connects the town to the beach. Almost every listing we hold here is a condo, and most are walkable to the centre of Tulum.
Av Coba
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Avenida Coba is the road that runs east from the middle of Tulum town toward the beach road, and it has become the densest condo corridor in the town. Thirteen of our fourteen listings here are apartments.
What it is like
Coba is a main avenue rather than a neighborhood, and living on it means trading quiet for position. You are within walking distance of the town center in one direction and a short bike ride from the beach road in the other, with restaurants, coworking, gyms and supermarkets along the way.
The buildings here are newer than in the town center and they are built as buildings rather than as houses: lobbies, rooftop pools, gyms, coworking rooms and on site management. Several are run partly as rental operations, which shapes both the amenity list and the buyer.
Xalet, Mayaliah MGallery, Tuk Tulum and Alquimia are the names you will meet most often on this stretch, and there are cenotes within a few minutes of the avenue.
What is for sale
Thirteen condos, from studios to two bedroom lock-off apartments, seven of them at Mayaliah MGallery Residences, plus one house: a three bedroom compound with an atelier and a pool. Asking prices run from $220,000 USD to $799,000 USD, with a median of $455,674 USD.
Apart from that one house this is a narrow, consistent product set, which is unusual in Tulum and makes comparison straightforward. You are choosing between buildings rather than between property types.
Who it suits
First purchases, remote workers who want to be able to walk somewhere, and owners running short term rentals who want a building that handles the operational side. The amenity packages here are aimed squarely at the nightly rental market.
What to watch
It is a busy road. Traffic and noise are real, and a unit facing the avenue is a different proposition from one facing the garden at the back. Ask which way it faces and visit in the evening.
Because several of these buildings run rental programs, ask what the maintenance fee covers, whether a rental program is optional or built into the title, and what the current occupancy actually is rather than what is projected.
The figures on this page are asking prices from our own current listings. They are not closed transactions and they are not comparables.
Av Coba
The draw
- Walkable to the town center and a short cycle to the beach
- The most consistent product set in Tulum, so comparison is easy
- Buildings run as managed operations
What you get
- 14 properties, median $455,674 USD
- Studios to two bedroom condos, plus one house, $220,000 to $799,000 USD
- Rooftop pools, gyms and coworking on site
On the doorstep
- Xalet, Mayaliah MGallery, Tuk Tulum and Alquimia
- Restaurants toward the town center
- Cenotes within a few minutes
Getting around
- Town center walkable
- Beach road a short cycle
- Airport about 30 minutes
Boho 1-Bedroom Condo for sale in Tuk Tulum | Prime Location & Amenities
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Frequently Asked Questions
Find answers to the most common questions about our properties, services, and buying process. If you need more help, feel free to reach out to us
Yes. Foreigners can own property in Mexico via a “fideicomiso”: a trust with a Mexican bank facilitated by a notary. The bank acts as a trustee and follows instructions from the property owner. Via this arrangement, foreigners can have all rights to use, occupy, lease, build, improve, and sell their property. On average, it takes 60 to 90 days to complete a property purchase. Tulum Land & Property works closely with a trusted team of lawyers and notaries who ensure that all legal processes proceed smoothly. Another way of owning property in Mexico is by creating a Mexican corporation. This is recommended when investors plan to own several properties.
Most pre-construction properties require a refundable deposit of $5,000 USD to secure the unit. Our properties are in high demand so this deposit secures the unit while contracts are drafted. Typically buyers make a down payment of 30% but larger down payments lead to larger discounts. The rest of the payments are made according to negotiable payment plans spreading the cost over the construction time, allowing investors to enjoy better liquidity before delivery.
It depends on the property, the street, how it is furnished and how it is run, so we do not quote a single return figure for any market. Where we hold published short term rental data for an area, such as AirDNA's occupancy and nightly rate figures, it appears in the market data on that area's page, attributed to its source. Where a seller or developer supplies figures for a specific home, we tell you whose figures they are and suggest you verify them independently.
For foreigners investing in Mexico, the best way to obtain finance is to do so at home. In the US, you may take a Home Equity Loan or Home Equity Line of Credit (click here). Many pre-construction developments also offer payment plans that spread the cost over the construction period. Financing in Mexico is typically 8% to 9% plus fees and involves a lengthy process.
Closing costs are typically 7% of the property value. This includes the acquisition tax, recordation fee, certificate of no liens, municipal appraisal, legal and closing fees, and public notary fees. The yearly property tax in Mexico is typically 0.1% of the property value. HOA fees typically start from $2.5 USD per square meter per month depending on the amenities included. The cost of furniture and appliances must also be considered in your budget. Our team of experts can help you understand these costs, schedule a call with us to get started (click here).
To ensure a property has a clear title, conduct a title search through a reputable notary or legal professional. This process verifies that the seller has legal ownership and that there are no liens or encumbrances on the property. Working with experienced local professionals can help navigate this process.
Our markets are generally safe places to visit and to live. On Numbeo, whose crime index is built from residents' and visitors' own reports, Tulum currently scores lower than many large US cities, Miami among them. Like any busy tourist destination the region has occasional serious incidents, and these rarely involve visitors or residents going about their day. The usual travel precautions apply, as they would anywhere popular with visitors, and forums for first time travellers to Mexico carry plenty of practical advice on avoiding scams and petty theft.
Many of the condos and villas we sell come with amenities, depending on the location. Usual amenities include: pool, spa, rooftop, fitness and yoga centre, co-working space, etc.
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