4-Level Split For Sale High return on investment due to the concept and location.

 

High return on investment due to the concept and location.

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Very Central, investment opportunity!

•  4-level split – $213,000. Great Price for this area
MLS® #PDC5TH213B

– First Boutique Luxury Hotel Condo by this successful developer that we love !

With the hotel as a magnet and 5-star restaurant, which will serve the residential units will be ideal for living and so exclusive that people seek this specific for vacation rentals in this development (has lock-off feature) in 2 bedroom Condos for Sale .

This gorgeous complex will include:
– Spectacular caribbean ocean views
– Iconic building with Indian-Mexican design influences
– 32 residences and 24 hotel rooms
– The complex will have two Restaurants and two pools
– 2 Lobbys
– Underground parking
– High ROI I

Best boutique luxury residential in Playa del Carmen. Enjoy, live in and relax.
Boutique design concept residences and hotel rooms, combining a mix of residences and hotel amid an amazing atmosphere, totally lush and warm tropical feel.
The predominant colours will be white and gray, with splashes of color, polished concrete materials, wood (natural or ceramics), parts baked ceramic, glass, aluminum louvers (metal or prefabricated ) makes interiors a unique concept. Texturized ambiances.

Highly stylized interior design.

More information to follow as developers are releasing this gorgeous complex in the coming weeks. Get yourself on the reservations list. Already 70% SOLD !!

5,000 USD to reserve your very on condo.

Property information

Residential condo For Sale in 5th Avenue, Playa del Carmen

 

 

With the hotel as a magnet and 5-star restaurant, which will serve the residential condos will be ideal for living and so exclusive that people seek this specific for vacation rentals in this development (has lock-off feature) in 2 bedroom Condos for Sale .

Photo Link
Very Central, investment opportunity!

•  4-level split – $213,000. Great Price for this area
MLS® #PDC5TH213

– irst Boutique Luxury Hotel Condo by this successful developper that we love !

High return on investment due to the concept and location.

This gorgeous complex will include:
– Spectacular caribbean ocean views
– Iconic building with Indian-Mexican design influences
– 32 residences and 24 hotel rooms
– The complex will have two Restaurants and two pools
– 2 Lobbys
– Underground parking
– High ROI I

Best boutique luxury residential in Playa del Carmen. Enjoy, live in and relax.
Boutique design concept residences and hotel rooms, combining a mix of residences and hotel amid an amazing atmosphere, totally lush and warm tropical feel.
The predominant colours will be white and gray, with splashes of color, polished concrete materials, wood (natural or ceramics), parts baked ceramic, glass, aluminum louvers (metal or prefabricated ) makes interiors a unique concept. Texturized ambiances.

Highly stylized interior design.

More information to follow as developers are releasing this gorgeous complex in the coming weeks. Get yourself on the reservations list. Already 70% SOLD !!

5,000 USD to reserve your very on condo.

Property information

Condo For Sale in Playa del Carmen, Shangrila area

2 bedroom 2. 5 bath condo for sale in playa del carmen for sale in Las Terrazas.

Las Terrazas in Playa del Carmen is awarded the development of the year in 2016. It is a unique design where each condo has large private terraces, all hidden in the trees of 38th ave.

 

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Swimming in less that 2 minutes!

•  1,100 sq. ft. single story – $505,000. Award-Winning Development
MLS® #PDC505

Only a stone’s throw to the beach, you can wake up and stroll down the treeline street on 38th and begin swimming in less that 2 minutes.
True to its name, this condo for sale in Playa del Carmen has one of the largest terraces in the building, which opens with sliding glass doors and adds 600 sq ft. to the condo size. Condo interior is 1100 sq ft.

The condo is sold unfurnished, with granite counter tops in the kitchen, all appliances included.
Each bedroom has its own walk in bathroom with large walk in closets
Honed marble in the bathroom countertops.

Las Terrazas has an amazingly large roof top pool, with ocean view and space for lounging and entertaining.
Building is complete with concierge, elevators, underground parking.

Please call for viewing.

Property information

Bank Trust – What is it? When is it needed?

Mexico Bank Trust and how to Purchase article

Bank Trust – What is it? When is it needed?

Mexico is a beautiful country and economically booming. You might have been thinking about either buying a property (or several properties as vacation rentals ) or developing a business here.

Good news! It’s a very good idea and totally feasible.

There are a few rules to respect, though.

This article will guide you through the various steps and explain two different schemes that will come in handy when you decide to make it happen i.e. setting up a Bank Trust (Fideicomiso) or a Mexican Corporation.

 

First of all, you have to know that a while back, it was impossible for Americans and Canadians to buy property in Mexico that was 50 km from any coastline or 100 km of a neighboring country (called the restricted zone). Only Mexican nationals were allowed to invest in land and properties located in this zone. The Mexican Constitution still stipulates that no foreigner is allowed to acquire land directly in this zone…However…some things have changed.

 

You can now invest in this zone through a Bank Trust:

A bank trust is a property interest held by a Mexican bank who´s sole purpose is to manage the property for the benefit of the owner. It is essential to remember that although the bank legally acts as the trustee and holds the title, your property is not an asset of the bank.

   It is valid for 50 years and can be extended for another 50 years.

You will need to set up one Bank Trust per property. So if you buy 2 or 3, you will end up with 2 or 3 bank trusts.

There is, of course, an annual fee that you’ll have to pay (the fee can vary between 400-800USD per Trust, depending on the bank and each particular case). You will be the main beneficiary but the Trust allows you to designate two beneficiaries (whoever you want: your spouse, children, partner…) and if anything is to happen to you, they will     automatically become main beneficiaries. The beneficiary has every legal right to occupy, rent, modify or inherit the property, and this is protected by the Mexican Constitution. The big advantage of this scheme is that there is no paperwork, you pay once a year and you are done for the next 12 months.

 

The other way to become a titleholder is through a Mexican corporation:

This scheme is advised if you are thinking of buying several properties (you can have as many properties as you want) for commercial use or if you are going to create another business. Indeed,  you can operate a business through it, work from home, or run an internet business. It is actually quite simple to set up (it shouldn’t take more than a week) and you can incorporate under whatever name you wish. You need a minimum of two shareholders, though. This option has many advantages (tax wise for example) but on the downside, it involves a lot of paperwork and administrative work. This scheme requires you to pay on a monthly basis and probably to deal with an accountant (that you will have to pay as well).

 

   You now are a little bit more aware of the different options offered to you if you want to buy in the restricted zone, but the best advice no matter what is always to ask a real estate professional.

At Living Riviera Maya Real Estate, we can help and guide you through each step. We have the experience, knowledge and we will find the solution that works best for you!

 

Penthouse condo For Sale in El Cielo Residencial

 

 

– An incredible, brand new Penthouse condo for sale in the gated community of El Cielo in Playa del Carmen, Mexico. This is an excellent price, and penthouse units always sell quickly in this area. It has 2 bedrooms and 2 bathrooms, a fully-equipped kitchen with granite counter tops. The spacious open living room area with terrace and a super-spacious private rooftop are just perfect for entertaining.

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Private rooftop – Partial ocean views!

•  1,400 sq. ft., 2 bath, 2 bdrm 2 story – $227,000. Excellent Price!
MLS® #PDC227

Talk about location!
This amazing penthouse for Sale in Playa del Carmen is really close to the beach, and only a 10-minute drive away from downtown Playa del Carmen and 5th Avenue shops, malls, restaurants, and more!

This Penthouse Condo is in a secure, private gated community with 24-hour security, cameras, and even features keyless entry. Did we mention that there are only 6 units in this building?

Don’t miss this wonderful opportunity to own a piece of Caribbean Heaven at an unbeatable price. Contact our team today!

Property information

Condo For Sale in Coco Beach, Beachfront

 

 

– Just listed ! a real buy from the original owner ! Lots of charm.

Distinctive classic Mexican style ocean view condo. This condo is located on the 2nd floor
3 bedrooms and3 bathrooms all on one level.

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Let the waves lull you to sleep at nigh

•  1,600 sq. ft., 3 bath, 3 bdrm single story – $355,000. Just listed a real buy
MLS® #PDC355

– Just listed ! a real buy from the original owner ! Lots of charm.

Distinctive classic Mexican style ocean view condo. This condo is located on the 2nd floor
3 bedrooms and3 bathrooms all on one level with authentic living spaces:

* Full kitchen with breakfast bar for 5.
* Dining area with table for 6.
* Living room
* Laundry nook off center hall
* Central A/C
* Ceiling fans in all bedrooms, bathrooms, living room, and dining room.
* Satellite TV (SKY)
* WiFi via TelMex through a fiber-optic link
* Electronic security safe
* Balcony with wall to wall sliding glass doors that can be opened.
* Curtains and mosquito screens for the balcony doors.
* Slight ocean view from the balcony when the trees are kept trimmed.
* Hurricane shutters on one large window of MBR#1.
* Lockable iron security gate at condo entrance door.
* Mosquito screen door at condo entrance door.
* Bath #3 has a tub/shower, all others have walk-in showers.

Hang in the hammock on the terrace and look out at the ocean through the tops of palm trees.

Less than 100 steps from the complex’s NE gate to the sands of sandy white Coco Beach.
* Not beachfront, but located just behind Mahekal.

This gorgeous development comprises twelve buildings and shares a common interior wall.
* There are 3 floors per building for a total of 36 condos.
* Condos are all 2 or 3 bedroom.
* Beach showers are located on the beach end of the complex, just inside the
center gate.
* Buildings A thru F were built between 1999 and 2003.
* Buildings G thru L were built between 2003 and 2004.
* Currently managed by a professional/licensed management
company that services many complexes in the area.

Security and Staff:
* Fully walled and gated complex.
* 24-hour security staff.
* An external security company is used
* There are many video cameras with night vision and DVR recording that are being
monitored by security
* There are gardeners and maintenance staff that are employees that
work during the day to maintain the grounds. Many of the staff have been with
the complex for more than 10 years.

Pool and Fountains:
* There is a large shared pool in the center of the complex, rectangular with half
circle ends. About 5 ft. deep in the center, and 3 ft. on the ends. Colored tile
identifies where the depth changes. Not heated. Two shade pergolas exist at the
pool.
* There are 11 water features fed by 7 pumps found around the grounds that add to the
ambiance by providing bubbling stream noises. These are on timers to reduce costs
and generally shut off at night.

Parking:
* There are parking spots both inside and outside of the complex security fence.
About 20 inside, and about 9 outside.
* No parking spots are reserved to any specific condo.
* No more than one vehicle per condo is allowed, if there is more than one
vehicle per condo, it needs to be parked on the public street or at some
offsite location.

Rooftops:
* All rooftop areas on all buildings are considered shared/common areas.

The stove and refrigerator are now brand new!
The 12-year-old A/C unit is being replaced within the next 30 days !!

Great rental property too.
Best pool in all Playa del Carmen, call us to see this classic Playa del Carmen property !

Property information

Beachfront Condo For Sale in Playa del Carmen

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Awesome Ocean view

•  2 bath, 2 bdrm single story condo for sale – $600,000. Premier location
MLS® #PDCLE565

– Premier location beachfront condo for sale Playa del Carmen.

Awesome broad ocean views, large spacious luxury American standards condo right in the heart of Playa del Carmen in Riviera Maya.

This beautifully furnished Playa del Carmen condo is a successful income producing property with a long rental history giving you high return on investment. Enjoy for family vacations or as a perfect location to retire in Riviera Maya.
Currently, this is the lowest priced condo in this highly sought after building on the beach in Playa del Carmen

This condo has the best views! Premier location- these resort condos are set between Playa del Carmen’s fabulous beach and animated world famous international sidewalk scene.Within a block find Playa’s urbane Fifth Avenue pedestrian walkway with it’s tempting relaxed cafés and gourmet restaurants, exclusive lounges, hip night clubs, and al fresco bars, intriguing boutiques and local purveyors of all types and variety.

You can’t go wrong because this dreamy condo offers:
-large spacious floor plan with views to ocean from kitchen living room and master bedroom
-large bedrooms, built in walk in closets,
-gourmet kitchen with double stainless steel fridge, gourmet counter tops
-tropical hardwood cupboards
-dishwasher
-microwave
-all electrical equipment such as flat screen TV ,
-marble counter tops in bathrooms,
-a beautiful infinity pool looking out over crystal clear Caribbean sea
-prime beach front location
-beach club location,
-close to 5th ave and downtown
-underground parking
-24-hour security
-elevators
-fully furnished and ready to go with rental weeks already booked for you to begin earning money on your Playa del Carmen beachfront condo.

Property information

2 Story Penthouse For Sale in Downtown Playa del Carmen

5 Penthouses for sale AVAILABLE at VARYING PRICES. STARTING AT $385,000

Uberlarge and spacious. Offering more than 1500 sq. ft. of interior space and an excess of 1100 sq. ft. of private rooftop, this is one of Playa del Carmen`s most expansive and opulent penthouse experiences.

Expansive and opulent penthouse

•  1,545 sq. ft., 3 bath, 2 bdrm 2 story – $385,000. Great Investment
MLS® #PDC558

– Best boutique condos in Playa del Carmen, we love this place!

The loft residence in Playa del Carmen is tastefully and luxuriously decorated in a contemporary style.

The suite is fully equipped with designer kitchen and GE Profile stainless steel appliances including dishwasher, full size side by side refrigerator with freezer, microwave, range, washer and dryer and dual speed hood extractor, ensuring a complete experience.

Amenities

Laundry room with washer and dryer
Beautiful bathroom with dual rainfall showerhead
Air conditioning and ceiling fans in each room
Large bedroom with king bed and lots of closet space
66 ft lap swimming pool
24/7 security
These condos are highly sought after in a successful development in Playa del Carmen.
We love these, they are magnificently designed, inside and out.

Exclusive living environment with 18 different designs for 28 suites. High grade North American construction with exceptional high end finishings.

Prices starting from US $275,000/ Floor Plans from 1,707 sq. ft.

Features; 1,2, and 3 bedrooms and loft units, Ocean view PH, Premium finishings, Elevator, Hurricane protection, Large terraces, Individual storage units, Underground parking, 4 minutes away from the beach.

Spectacular 20 meter long heated pool with bar and designer furnished pool area.
Private gardens waterfalls.
Roof gardens with private pools.
Splendid 4 storey atrium.
Lobby with reception area.
Underground parking
Full sized handicap elevator.
Fully equipped fitness center.
Individual storage with A/C
Concierge and security 24 hours
High grade North American construction and design.
Open concept, light-filled living area

Pictures of property may vary according to availability.
Great rental pool, investment condo. Sale opportunity!

Property information

Price dropped Beachside Penthouse for sale, Playa del Carmen

 

– Announcing a price drop on 306-Beachside in the center of Playa, a 2,956 sq. ft., 2 bath, 3 bdrm single story “Penthouse for sale”. Now $795,000. Serious Discount
MLS® #PDC879

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Ask about owner financing

 

Property information

Why You Should Consider Buying a property in a Pre-Construction Project

 

When buying property in the Riviera Maya, you’ll need to take several considerations into account. One of the most important decisions you’ll want to make is whether to purchase an already existing property or a unit in a pre-construction project. While the risk involved may scare many buyers off, buying pre-construction is worth considering if you want to save a good amount of money.

Below you’ll find some reasons why pre-construction projects make for great investments.

 

  • Pricing: The earlier you buy in the pre-construction project, the higher your gains. The prices for pre-construction are usually lower than those for an existing condo. In the preliminary stages developers are eager to advertise how many units have been sold since it makes for good publicity and attracts more buyers. Because of this, they often start selling units for an even lower rate early on. As an added bonus, the seller might give you a free upgrade to your unit to thank you for your bold move, e.g. a condo with an extra bedroom, a free Jacuzzi…

 

  • Automatic Appreciation: As more units get sold, the discounts become less and less available, eventually disappearing altogether, giving an automatic appreciation to the value of your property. For example, the unit you bought for $200,000 very early on will be worth $250,000 at the end of the project. And this gain doesn’t factor in any subsequent rise in market value. Think of the substantial profit you’ll make if you decide to sell it one day in the future!

 

  • Financing options: One of the big advantages of buying pre-construction is the ability to customize a financing plan. Once you have chosen your condo, you will have to put down a deposit- but the amount won’t need to be as large as a typical mortgage down payment. You will then pay the remainder according to construction progress (no interest is charged on these amounts). You can even transfer over to long-term financing, either through the developer or through a bank. This option will have to be discussed early on in the negotiation, however.  

 

  • No renovation costs: Buying early into a development offers more choices and will save you more money. When you purchase a pre-existing property, any changes you make to suit your taste will result in added costs. But not with pre-construction! The color of the walls, the lighting fixtures, the countertop materials won’t cost you one cent more, resulting in direct savings to you!!!

 

In the Riviera Maya, particularly the Playa del Carmen area, there are so many pre-construction projects that finding one that best suits your needs and budget is easy. Whether you choose a gated Community, villa, condo, development near a commercial center or golf course… you don’t have to compromise. So just pick your project, invest and start making a profit!

LRM’s pick: To help you find the best pre-construction project for you, the Living Riviera Maya’s team has pulled together a short list of remarkable properties.

  • ZULIM by GMB: Great prices in an up and coming neighborhood. They offer eco-friendly architecture, from studios to 2 bedrooms units.

More info:

  NEW-Condo-for-Sale-Playa-del-Carmen04

  • MIRANDA by SIMCA: A solid developer offering great design concepts. You can get beach views and on 38th St., the best area of Playa del Carmen!

More info:

Playa-Condo-for-Sale10

 

  • MAREA 34: Downtown living, very close to Playa’s best beaches. One and two bedrooms condos. Reliable developer. Only 22 units!

More info:

Preconstruction-condo-for-sale

  • HACIENDA ESCONDIDA: Very spacious condos in a gated community. This development will include a park with a freshwater cenote, green spaces, pedestrian areas, benches as well as an area for kids.

More info:

Hacienda-escondida-condo-for-sale

 

  • THE GALLERY: A concept art residential project in Playa del Carmen with avant-garde architecture and unique design. Each space will be brought to life by a different national and international artist. Only 4 blocks to the beaches!

More info:

Playa-del-Carmen-Condo-for-Sale04