Overview

Andalucia Condo is a boutique residential development located on Calle 20 near Av. 115 in Playa del Carmen, comprising 8 apartments (1 and 2 bedrooms) ranging from 53.96 to 113.38 m². The project is currently 90% complete with delivery scheduled for October 2024. Available property types are limited to condos.

The development offers a strategic position for investors seeking tangible asset features. Units include luxury finishes, private gardens, patios, and terraces, alongside a roof garden and on-site parking. Its location provides direct access to key commercial corridors: 350m from Av. Constituyentes, 700m from Av. Juárez, 1.5km from Plaza las Américas, and 3.4km from 5th Ave. The property is positioned for long-term value based on its physical attributes and proximity to established infrastructure, rather than speculative market projections.
PRICE RANGE
$126,547 - $194,234 USD
CITY
Playa del Carmen
REGION
Ejido
BEDROOMS
1
1
TYPES
Condo
SURFACE
53.96
–
113
m²
AI RATING
High-Yield Opportunity
FINANCING PLANS
Not available
DEVELOPER
Grupo Provisa
DELIVERY DATE
Inmediata

Investment Thesis

Investment Memo: Andalucia Condo

Market: Playa del Carmen | Zone: Ejido High-Yield Opportunity

Analyst Verdict

Andalucia Condo stands out in the 2026 Playa del Carmen market by offering a rare combination of immediate delivery and accessible entry pricing. With the Riviera Maya market seeing an 8.2% property appreciation and a distinct shift in renter preference toward more spacious 1 and 2-bedroom layouts, this boutique 8-unit development is strategically positioned. The asset completely eliminates the typical pre-sale execution risk, allowing investors to capitalize on immediate cash flow and strong local rental demand.

Backed by Grupo Provisa's 35-year track record, the project offers solid construction fundamentals and direct financing appeal. While the Ejido zone is slightly removed from the immediate tourist epicenter of 5th Avenue, its rapid gentrification and designation as a high-growth urban corridor provide a strong thesis for long-term capital appreciation. The low density of the building ensures exclusivity and lower HOA overhead, maximizing net operating income for yield-focused investors.

Strength: Zero execution risk with immediate delivery and a highly exclusive 8-unit boutique density.
Risk: Ejido location requires a short commute to prime beaches, which may slightly cap premium short-term ADRs compared to beachfront assets.

💰 Valuation & Yield Logic

  • Entry Basis: $2,239 USD/m² - Analyzed as Value for this zone.
  • Rental Demand: High demand for 1 and 2-bedroom units as digital nomads and long-term renters seek more space away from saturated studio markets.
  • Scarcity Factor: Ultra-boutique density with only 8 exclusive units ensures minimal internal competition for renters.

📍 Location Maturity

Developing. The Ejido zone is rapidly consolidating as a "Diamond Zone" for new development, attracting commercial and residential investments while remaining a 10-minute bike ride to downtown.

🏗️ Developer Profile & Status

Grupo Provisa is a highly reputable developer with 35 years of experience in the Riviera Maya. The project status is Immediate Delivery , completely eliminating construction risk.

Status: Immediate Delivery | Est. Completion: Immediate
*Analysis based on current market listings.

Amenities

  • 🍹 Rooftop Social Deck: An elevated gathering space with panoramic views, ideal for hosting intimate events or enjoying evening cocktails.
  • 🌇 Terrace Lounges: Comfortable outdoor seating areas on private terraces, perfect for alfresco dining and socializing with neighbors.

Wellness & Recreation

  • 🌅 Rooftop Terrace: A private open-air space designed for morning yoga, sunset meditation, and unobstructed ocean views.
  • 🌿 Outdoor Living Areas: Multiple terraces integrated with the natural landscape, offering serene spots for relaxation and fresh air.

Services & Comfort

  • 🚗 Secure Parking: Dedicated on-site parking providing convenience and peace of mind for residents and guests.
  • 🔑 Essential Services: Includes 24/7 security, high-speed Wi-Fi, and concierge support for a seamless living experience.
20.6377505
-87.0898536
Andalucia Condo

Neighborhood

Price List

Open price list in a new tab
https://static.casamigo.net/MCP/andalucia-condo/doc/price-list

Loading development updates…