Belehu

View of Modern Bathroom at Belehu, showcasing Walk-in Shower, Rainfall Showerhead.
View of Modern Bedroom at Belehu, showcasing Luxury Interior Design, Wood Paneling.
View of Open Concept Living at Belehu, showcasing Modern Interior Design, Dining Area.
Image of Ocean View at Belehu, featuring Modern Bedroom, Luxury Interior.
View of Modern Kitchen at Belehu, showcasing Dining Area, Open Concept.
View of Modern Bedroom at Belehu, showcasing Luxury Interior, Accent Wall.
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View of Modern Bedroom at Belehu, showcasing Luxury Interior, Neutral Color Palette.Image of Ocean View at Belehu, featuring Modern Interior, Studio Apartment.
Belehu is a boutique condo development that seamlessly blends modern design with the natural beauty of the Riviera Maya, offering a unique blend of studio, loft, residential, and condo properties. Developed by VINSA INTERNATIONAL GROUP , a company with a reputation for quality work and a focus on exceeding expectations, Belehu is positioned to provide residents with a one-of-a-kind living experience. The development boasts a range of high-end amenities, including a gym, hot tub, coworking space, coffee bar, sky bar, and infinity pool , all designed to evoke a sense of serenity and connection to the sea.

The strategic value of Belehu lies in its prime location in Playa del Carmen , with unparalleled access to the best of the Riviera Maya. The development's unique blend of modern design and natural beauty, combined with its comprehensive property management services , makes it an attractive opportunity for discerning investors and residents seeking a tranquil, sophisticated living experience. The high-quality finishes and exclusive amenities provide the ultimate in comfort and luxury, while the breathtaking views and elevated lifestyle offered by the sky bar and infinity pool make it a truly unique destination. With developer financing available , investors can take advantage of attractive financing options that enhance the investment viability of Belehu .
PRICE
N/A
$148,785 - $454,318 USD
CITY
N/A
Playa del Carmen
REGION
Centro
BEDROOMS
0
1
2
SURFACE
31.6
-
88
m2
UNITS
26
Units Available
ANALYST RATING
Strategic
SALES VELOCITY
21
%
FINANCING PLANS
N/A
Available
DEVELOPER
VINSA INTERNATIONAL GROUP
DELIVERY DATE
Details Upon Request
DEVELOPER STATUS
LISTING UPDATE
November 25, 2025
Presentation Video
Developer Profile
Official Brochure
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Model / TypologySize (m²)BedroomsSales VelocityStarting Price (USD)Assets
1-Bedroom Condo
39.35
1
0 left
SOLD OUT
UnitStatusPrice (USD)Size (m²)Floor PlanImages
104SoldN/A39.35ViewImage 1 Image 2 Image 3 Image 4 Image 5
204SoldN/A39.35ViewImage 1 Image 2 Image 3 Image 4 Image 5
304SoldN/A39.35ViewImage 1 Image 2 Image 3 Image 4 Image 5
404SoldN/A39.35ViewImage 1 Image 2 Image 3 Image 4 Image 5
504SoldN/A39.35ViewImage 1 Image 2 Image 3 Image 4 Image 5
2-Bedroom Condo
68.85 - 87.75
2
10 left
~$320,891
UnitStatusPrice (USD)Size (m²)Floor PlanImages
005Available$454,31887.75ViewImage 1 Image 2 Image 3 Image 4 Image 5
007Available$425,99482.28ViewImage 1 Image 2 Image 3 Image 4 Image 5
105Available$369,20571.31ViewImage 1 Image 2 Image 3 Image 4 Image 5
107Available$356,46668.85ViewImage 1 Image 2 Image 3 Image 4 Image 5
205Available$376,73271.31ViewImage 1 Image 2 Image 3 Image 4 Image 5
207Available$363,74568.85ViewImage 1 Image 2 Image 3 Image 4 Image 5
305Available$380,50471.31ViewImage 1 Image 2 Image 3 Image 4 Image 5
307Available$367,37668.85ViewImage 1 Image 2 Image 3 Image 4 Image 5
405Available$384,27171.31ViewImage 1 Image 2 Image 3 Image 4 Image 5
407Available$371,50568.85ViewImage 1 Image 2 Image 3 Image 4 Image 5
Loft
52.05 - 70.72
1 - 2
1 left
~$295,871
UnitStatusPrice (USD)Size (m²)Floor PlanImages
505SoldN/A70.72ViewImage 1 Image 2 Image 3 Image 4 Image 5
506SoldN/A52.05ViewImage 1 Image 2 Image 3 Image 4 Image 5
507SoldN/A52.05ViewImage 1 Image 2 Image 3 Image 4 Image 5
508Available$328,67260.40ViewImage 1 Image 2 Image 3 Image 4 Image 5
Studio
31.60 - 33.50
0
15 left
~$148,785
UnitStatusPrice (USD)Size (m²)Floor PlanImages
001Available$169,90233.50ViewImage 1
101Available$172,18632.92ViewImage 1 Image 2
102Available$165,28031.60ViewImage 1 Image 2
103SoldN/A31.60ViewImage 1 Image 2
201Available$172,18632.92ViewImage 1 Image 2
202SoldN/A31.60ViewImage 1 Image 2
203SoldN/A31.60ViewImage 1 Image 2
301Available$177,40232.92ViewImage 1 Image 2
302Available$170,29231.60ViewImage 1 Image 2
303Available$170,29231.60ViewImage 1 Image 2
401Available$179,13932.92ViewImage 1 Image 2
402Available$171,95831.60ViewImage 1 Image 2
403Available$171,95831.60ViewImage 1 Image 2
501Available$181,82932.92ViewImage 1 Image 2
502Available$174,53431.60ViewImage 1 Image 2
503Available$174,53431.60ViewImage 1 Image 2
601Available$183,64732.92ViewImage 1 Image 2
602SoldN/A31.60ViewImage 1 Image 2
603Available$177,25631.60ViewImage 1 Image 2
Explore Financing Plans
Financing PlanDown PaymentDuring ConstructionOn DeliveryKey Benefits & Terms
80-2080.0%20.0%9.98% discount on list price.
30-60-1030.0%60.0%10.0%6.30% discount on list price.
30-40-3030.0%40.0%30.0%4.20% discount on list price.
HOA Fees ESTIMATION

HOA Fee Estimation

Based on the amenities and luxury level of this property, the estimated monthly HOA (Maintenance) fee is expected to be in the range of:

$250 - $450 USD per month

Analyst's Reasoning: The estimate is in this range due to the presence of amenities like a rooftop terrace and ocean view, which suggest a moderate to high level of luxury. However, the absence of explicitly mentioned high-maintenance amenities like 24/7 security, large pools, or gyms, along with the relatively small number of units, helps to keep the estimated HOA fees from being excessively high. The price range of the condos also indicates a certain level of quality and service expected, contributing to the estimated range.

Disclaimer: This is a data-driven estimate provided for planning purposes only. The final, official HOA fee will be confirmed by the developer or property administration.

Official Price List
Availability Map
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Image of Ocean View at Belehu, featuring Ocean View, City View.
Image of Ocean View at Belehu, featuring Ocean View, Cityscape.
Image of Rooftop Terrace at Belehu, featuring Ocean View, City View.
Image of Ocean View at Belehu, featuring Ocean View, Cityscape View.
Image of Rooftop Terrace at Belehu, featuring Ocean View, City View.
Image of Ocean View at Belehu, featuring Ocean View, City View.
Image of Ocean View at Belehu, featuring Ocean View, Cityscape.
Image of Ocean View at Belehu, featuring Ocean View, Rooftop View.
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In the heart of Playa del Carmen, Belehu stands as a testament to luxurious serenity, where the boundaries between modern design and natural beauty blur, creating a unique oasis in the Riviera Maya. This exclusive haven is designed to provide its discerning residents with a tranquil and sophisticated living experience, complete with breathtaking views and elevated lifestyle amenities.

  • 🌊 Oceanic Bliss: Wake up to the majestic ocean view, where the gentle Caribbean breeze and the sound of waves create a soothing melody that accompanies your every moment.
  • 🏞️ Rooftop Retreat: The rooftop terrace, with its infinity pool and sky bar, offers a serene escape, where you can bask in the sun, enjoy a cocktail, or simply take in the breathtaking views of the ocean and the surrounding landscape.
  • 🚗 Convenient Luxury: With secure and ample parking, you can come and go as you please, knowing that your vehicle is safe and conveniently located, allowing you to focus on the more enjoyable aspects of your Belehu lifestyle.
  • 🌅 Sunset Serenity: As the day comes to a close, the rooftop terrace transforms into a picturesque setting, perfect for watching the sunset, enjoying quality time with loved ones, or simply reflecting on the day's adventures.
Wellness & Recreation
  • 🏋️ Private Gym: Maintain wellness routines in a serene, residents-only environment.
  • 🌊 Ocean View: Breathtaking vistas to inspire relaxation and rejuvenation.
Social & Entertainment
  • 🍹 Rooftop Terrace: Unwind with panoramic views, perfect for sophisticated gatherings.
Services & Comfort
  • 🅿️ Parking and Security: Includes secure parking and 24/7 security for peace of mind.
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November 25, 2025
💡 In any market, choosing a property with true, lasting value is the key to a smart purchase. Belehu is designed to deliver just that, offering a unique combination of location, design, and lifestyle that sets it apart.

  • 🌊 Panoramic Ocean Views: The property's rare and defensible ocean views establish a permanent value premium, attracting a less price-sensitive demand segment and securing long-term desirability.
  • 🅿️ Exclusive Parking: Dedicated parking enhances livability for residents and rental appeal for tourists, directly benefiting from the area's increasing density and state-sponsored urban formalization efforts.
  • 🌴 Luxury Rooftop Terraces: High-value lifestyle amenities like rooftop terraces, combined with ocean views, significantly elevate the property's competitive positioning, targeting a premium tourist and lifestyle-oriented resident segment.
  • 📈 Infrastructure-Led Growth: The region benefits from massive state-led investment in urban development and infrastructure, such as the Tren Maya project, supporting long-term value appreciation and creating a localized growth opportunity.
  • 📊 Resilient Niche Tourism: The cruise sector's robust growth, with national passenger arrivals increasing by +8.9% year-to-date, provides a consistent source of economic activity and rental demand, counterbalancing broader market trends.
Read the Full Data-Driven Analyst Report
This investment is positioned to outperform a regional market facing significant inventory oversupply, driven by its possession of premium, non-replicable amenities. While the national tourism market shows signs of weakness, evidenced by a -1.5% year-to-date decline in hotel occupancy , the Belehu asset is anchored by rare and defensible features, specifically ‘Ocean View’ and ‘Parking’. These attributes allow it to capture a resilient, higher-end segment of the market, providing a strategic insulation from the competitive pressures affecting the fungible, non-differentiated inventory that dominates the region.

💎 Competitive Advantages (Alpha)

The asset's intrinsic value is derived from a set of non-replicable features that create a durable competitive moat in a high-density, developing market. These drivers are expected to command a value premium and attract a less price-sensitive demand segment, preserving capital in a correcting market and positioning the asset for superior appreciation during recovery.

  • Ocean View: A scarce, location-dependent feature that establishes a permanent value premium. In a market experiencing a 12.4% annual increase in housing prices driven by high-density development, an unobstructed ocean view is a finite and increasingly rare asset.
  • Dedicated Parking: A critical utility in a dense urban core that directly enhances livability and rental appeal. As Playa del Carmen undergoes state-sponsored urban formalization, including the regularization of 1,693 lots in nearby areas, density will increase, elevating the functional and financial value of private parking.
  • Rooftop Terrace: A high-value lifestyle amenity that, when combined with an ocean view, significantly elevates the asset's competitive positioning against standard-grade inventory. This feature directly targets the premium tourist and lifestyle-oriented resident segment.


🛡️ Foundational Market Strengths (Beta)

Despite tepid national tourism indicators, the investment is supported by significant, state-sponsored initiatives aimed at transforming Playa del Carmen's infrastructure and formalizing its real estate economy. These foundational drivers create a localized "Alpha" opportunity independent of the broader market's trajectory.

  • Targeted Infrastructure Investment: The region is the focus of massive state-led investment, including the Tren Maya project and the comprehensive urban regularization of 1,693 lots in Colonia Luis Donaldo Colosio, which provides legal certainty and unlocks development potential.
  • Market Formalization: A proactive government effort is underway to professionalize the real estate sector, evidenced by the matriculation of 2,144 real estate advisors in Quintana Roo, ranking it first nationally. This initiative is designed to increase transparency and investor confidence.
  • Resilient Niche Tourism Growth: The cruise sector, a key demand driver for the Riviera Maya, demonstrates robust growth. National cruise passenger arrivals have increased by +8.9% year-to-date , providing a consistent source of economic activity and rental demand that counterbalances the stagnant air arrival figures.


📈 Strategic Outlook & Risk Analysis

  • ⚪ Primary Market Risk: A potential housing supply 'bubble' fueled by ambitious regional development targets (e.g., 43,600 INFONAVIT homes) colliding with weak national demand indicators (hotel occupancy down -1.5% YTD), which could lead to downward pressure on rental yields and occupancy for standard-grade properties.
  • 🔴 Inventory Exposure: The asset's inventory exhibits a tiered risk profile. The 15 available studios face the highest exposure to market saturation and tourism volatility. The 10 two-bedroom units are better insulated, appealing to a broader demographic including families and long-term residents. The single available Loft unit has the lowest risk exposure due to its scarcity, positioning it as a unique product with minimal direct competition.

  • 🟢 Strategic Confidence: The analyst's confidence is rated as Strategic. The rating is justified by the asset's differentiated product mix and premium amenities, which serve as a direct mitigant to the primary market risk of oversupply. While the studio inventory faces absorption challenges, the unique Loft and versatile two-bedroom units, all enhanced by alpha drivers like ocean views and parking, target a more resilient buyer segment and are positioned to maintain value and demand superior to the general market. .
  • 🟢 Core Rationale: The asset's unique Alpha Drivers are positioned to insulate its premier units from broader market pressures, while offering a long-term value proposition for its standard inventory.


🎯 Ideal Investor Profile

This opportunity is structured for a well-capitalized investor with a medium-to-long-term horizon and a high tolerance for macroeconomic volatility. The ideal profile is focused on capital preservation and the specific "Alpha" narrative of Playa del Carmen's infrastructure-led transformation, rather than speculating on the broader "Beta" of national tourism. This investor understands that in a market facing potential oversupply and headwinds from the U.S. economy—signaled by a persistently low Consumer Expectations Index—true value resides in non-replicable features. They are prepared to weather near-term market softness to secure a defensible, premium asset poised to capture disproportionate value during the next market cycle.
Fideicomiso and Closing Costs SIMULATOR

Estimated Closing Costs & Fideicomiso

Disclaimer: These are data-driven estimates for planning purposes only. The final calculation (cálculo) and all legal fees are confirmed by your Notary Public (Notario Público) at the time of closing.

Estimate based on a starting price of $295,871 USD

1. Percentage-Based Costs (Tied to Price):

  • Acquisition Tax (ISABI): ~$9,764
  • Notary, Registry & Admin Fees: ~$6,920

2. Fideicomiso (Bank Trust) Setup (Flat Fees):

  • SRE Government Permit: $1,200
  • Bank Establishment Fee: $1,000
Estimated Total One-Time Cost:
~$18,884 USD
This represents approximately 6.4% of the property's value.

Recurring Annual Cost
You should also budget for the Annual Fideicomiso Fee of approximately ~$600 USD, paid to the bank each year to maintain your trust.

5-Year Outlook Investment Calculator

5-Year Outlook Calculator

Gross Annual Income$0
Net Operating Income$0
Capitalization Rate0.0%
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Immerse Yourself in Playa del Carmen's Vibrant Culture

In the heart of Playa del Carmen, Belehu emerges as a pinnacle of luxury living, where the essence of the Riviera Maya meets the sophistication of modern amenities. This address is tailored for discerning investors and individuals seeking a unique blend of high-end living and natural beauty, with the vibrant culture of Playa del Carmen at their doorstep.

The Doorstep Experience

The immediate surroundings of Belehu are a testament to the area's thriving culinary scene and laid-back, tropical lifestyle. Residents can indulge in a variety of dining experiences, from Italian cuisine to fresh juices and snacks, all within a short walking distance. This walkable neighborhood is designed to enhance the daily life of its residents, offering convenience, variety, and a deep connection to the local community.
  • 🍝 Romeo Trattoria Pizzeria - Just a 1-minute walk away, this Italian eatery offers residents a taste of la dolce vita, perfect for a casual dinner or special occasion, highlighting the development's proximity to gourmet dining.
  • 🍹 Don Luca Juice & Snack Bar ® - A 3-minute stroll leads to this refreshing spot, where residents can enjoy healthy snacks and juices, embodying the lifestyle of wellness and convenience that Belehu embodies.
  • ☕️ Marley Coffee - For coffee lovers, this cafe is a haven, located just 3 minutes away from the property, and offers a perfect spot for a morning coffee or an afternoon pick-me-up, contributing to the vibrant, walkable lifestyle.
  • 🍴 Eat Bar - With a variety of dining options, including this bar just a 5-minute walk away, residents of Belehu are spoiled for choice when it comes to exploring local flavors and socializing, further enhancing their luxury living experience.
  • 🍜 Esquina thai restaurant - This Thai restaurant, reachable within a 3-minute walk, brings the exotic flavors of Thailand to Playa del Carmen, offering residents a culinary adventure without leaving their neighborhood, aligning with the property's theme of luxury living in harmony with nature and culture.


Neighborhood Highlights

Beyond the immediate doorstep, the neighborhood unfolds with a plethora of spas, wellness centers, and other amenities, all accessible within a short drive. This curated selection of local highlights caters to the desire for relaxation, wellness, and exploration that defines the lifestyle at Belehu.
  • 💆‍♀️ Fifth Element Spa - Just a 2-minute drive away, this spa is a serene oasis, offering a range of treatments that cater to the mind, body, and soul, perfect for residents seeking a tranquil escape from the vibrant city life.
  • 🧖‍♀️ Spa Sensation Massage - Located 6 minutes away by car, this spa specializes in massage therapies, providing an ideal setting for relaxation and rejuvenation, aligning with the wellness-focused lifestyle that Belehu offers.
  • 🌿 Kristine Spa - A 3-minute drive leads to this spa and beauty salon, where residents can indulge in a variety of treatments, from massages to beauty services, enhancing their overall wellness and beauty regimen.
  • 🧘‍♀️ Angie's Maya Wellness Massage Spa - With a focus on wellness and massage, this spa, reachable within a 6-minute drive, offers residents a chance to unwind and rejuvenate, contributing to the holistic lifestyle experience at Belehu.
  • 🌸 Maya Beach Wellness Massage Spa - Located 7 minutes away by car, this beachfront spa combines the beauty of nature with the tranquility of spa treatments, offering residents a unique and unforgettable wellness experience that embodies the essence of luxury living in harmony with nature.
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Image of Ocean View at Belehu, featuring Ocean View, City View.View of Modern Bedroom at Belehu, showcasing Luxury Interior Design, Wood Slat Wall.Image of Rooftop Terrace at Belehu, featuring Ocean View, City View.

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