Condos 89
is a boutique collection of
20
exclusive oceanfront apartments, situated in Mahahual, an emerging jewel of the Mexican Caribbean. This development is a project by
JIMNA Inmobiliaria y Edificación S.A de C.V
, a company dedicated to being at the vanguard of the construction industry, offering clients excellent quality guaranteed by years of experience. The available property types include
Beachfront
,
Condo
, and
Studio
units, catering to various investor and buyer needs.
The strategic value of
Condos 89
lies in its prime location, guaranteed
ocean views
from every unit, and direct access to a
private beach club
, offering an exclusive and luxurious tropical paradise experience. The development's proximity to the
Grand Costa Maya cruise port
and the upcoming
Maya Train station
enhances its investment potential. With a range of pricing options from
$231,004
to
$518,125 USD
, and a limited inventory of
20
total units, with only
14
currently available,
Condos 89
presents a strategic investment opportunity, positioned for long-term value due to its unique features and exclusive location. Note that
Condos 89
does not offer developer financing, allowing buyers to explore external financing options that best suit their investment strategies.
Based on the amenities and luxury level of this property, the estimated monthly HOA (Maintenance) fee is expected to be in the range of:
$350 - $600 USD per month
Analyst's Reasoning: The estimate is in this range due to the presence of amenities like a swimming pool, rooftop terrace, and grill area, which require regular maintenance and upkeep. The ocean view and yoga deck contribute to a higher luxury level, suggesting a need for quality services. However, the relatively small number of units (20) means that the cost per unit will be higher to cover the expenses of these amenities. The price range of $231,004 to $518,125 USD also indicates a mid-to-high luxury level, supporting the estimated HOA fee 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.
Closing Costs
Estimated Closing Costs & Fideicomiso
Disclaimer: These are data-driven estimates for planning purposes only. The final calculation and legal fees are confirmed by your Notary Public (Notario Público) at the time of closing.
Estimate based on price: $241,920 USD
1. Percentage-Based Costs:
Acquisition Tax (ISABI):~$7,983
Notary & Admin Fees:~$5,659
2. Fideicomiso (Bank Trust) Setup:
SRE Permit:$1,200
Bank Setup Fee:$1,000
Estimated Total One-Time Cost: ~$15,842 USD Approx. 6.5% of value
Condos 89's comprehensive amenity package, featuring direct Beach Access and a Yoga Deck, is purpose-built to deliver the wellness-focused lifestyle that defines the Mahahual market. This asset is strategically positioned to capture high-value demand within a market defined by a strategic divergence: while national air arrivals have declined by 1.5% year-over-year, Mahahual is the focus of massive, targeted infrastructure investment designed to capture the outperforming cruise sector, which has grown 8.9% nationally. The core thesis is that Condos 89 provides a superior lifestyle product capable of attracting discerning end-users and investors seeking quality within this project-driven, emerging 'alpha' market.
💎 Competitive Advantages (Alpha)
The asset's competitive position is secured by a suite of tangible, high-value amenities that differentiate it from commodity inventory and directly align with the demands of the target rental market.
Direct Beach Access & Ocean View:
These features provide a fundamental and defensible advantage in a coastal market, directly catering to the eco-tourism and leisure demand driven by proximity to the Mesoamerican Reef.
Rooftop Terrace:
This amenity enhances the lifestyle offering, providing premium social space that can command higher rental rates from the transient visitor base arriving from the cruise port, which brings thousands of visitors daily.
Yoga Deck:
This purpose-built amenity directly targets the wellness-focused demographic, aligning the asset with the tranquil brand of Mahahual and creating a distinct product in the rental market.
🛡️ Foundational Market Strengths (Beta)
While the investment is an alpha-driven play, it is anchored by significant, quantifiable public and private sector investment in the region's foundational infrastructure.
Targeted Economic Anchor:
A ~$600M redevelopment of the cruise port by Royal Caribbean provides a central economic catalyst, strategically positioning the region to absorb a greater share of the national cruise sector that is currently growing at 8.9% YoY.
Systemic Infrastructure Expansion:
Regional growth is supported by the planned development of 24 new boutique hotels and enhanced logistical connectivity via the Tren Maya, signaling a long-term commitment to transforming the corridor into a major tourism hub.
Improved Security Landscape:
A material improvement in the fundamental security environment is evidenced by government reports citing a 61.3% reduction in homicides across Quintana Roo, a critical factor for enhancing investor and tourist confidence.
State-Level Development Priority:
Qualitative intelligence confirms strong government support for prioritizing development in southern Quintana Roo, suggesting a favorable administrative and regulatory environment for new projects.
📈 Strategic Outlook & Risk Analysis
⚪ Primary Market Risk:
The hyper-localized economic boom is dependent on the successful execution of a few large-scale projects, creating significant concentration risk amidst a cooling national tourism market (-1.5% YoY decline in international air arrivals).
🔴 Inventory Exposure:
The asset's available inventory consists solely of Studio units. This typology is optimally positioned to capture demand from the short-term rental market driven by the new cruise port and tourism infrastructure. However, this concentration in a single, transient-focused unit type also exposes the asset directly to the primary market risk; its performance is highly correlated with the successful execution and visitor draw of the large-scale local development projects.
🟢 Strategic Confidence:
The analyst's confidence is rated as
Strategic. The rating reflects the asset's precise alignment with the specific, project-driven growth thesis of Mahahual. While the available Studio inventory is highly correlated with the success of local tourism projects, the asset's superior amenity package and location-based features (Beach Access, Ocean View) position it as a premium offering, capable of capturing a disproportionate share of the anticipated high-value rental demand.
.
🟢 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
The ideal investor possesses a high tolerance for risk and is focused on alpha generation in catalyst-driven markets. This profile must be comfortable with the stark divergence between the cooling national tourism market, evidenced by a -1.5% YoY decline in international air arrivals, and the hyper-localized, project-dependent boom in Mahahual. An understanding of concentration risk is paramount, balanced by an appreciation for how the asset's superior product differentiation serves as a key mitigant. Given the reliance on the maturation of new tourism infrastructure, a 5-7 year investment horizon is required to capitalize on the thesis, along with the capacity to withstand potential macro-economic headwinds from the U.S. market, where consumer forward-looking expectations remain at recessionary levels.
Amenities
🍴
Grill Area:
A communal grill area ideal for hosting gatherings and barbecues with stunning ocean views.
🍹
Lounge:
A sophisticated lounge area perfect for socializing and enjoying the company of others in an elegant setting.
🌃
Rooftop Terrace:
A rooftop terrace offering breathtaking views, perfect for sunset gatherings and exclusive events.
Wellness & Recreation
🏋️♀️
Yoga Deck:
A serene space for yoga and meditation, overlooking the ocean for a tranquil experience.
🌊
Swimming Pool:
An oceanfront pool perfect for relaxation and enjoying the Caribbean views.
🌴
Garden:
Lush gardens providing a peaceful retreat and direct connection to nature.
Services & Comfort
🏖️
Beach Access:
Direct access to a private beach club, ensuring a luxurious and exclusive tropical experience.
🛏️
Ocean View:
Guaranteed ocean views from every unit, providing a unique and unparalleled visual experience.
📦
24/7 security, parking, and high-speed Wi-Fi for effortless and secure living.
18.7129125
-87.7104219
Condos 89
Neighborhood
Immerse Yourself in Mahahual's Vibrant Community and Tranquil Caribbean Coastline
As a visionary investor or individual seeking a unique blend of luxury, natural beauty, and potential for growth, the location of our pioneering beachfront investment is strategically positioned to offer unparalleled access to a vibrant and evolving community. With the new Royal Caribbean theme park and the Tren Maya connection on the horizon, this emerging Caribbean destination is poised for massive growth, making it an attractive opportunity for those looking to seize the future of the Caribbean. The exclusive beachfront location, with its stunning ocean views, is not only a prized amenity but also a savvy investment, as it is likely to appreciate in value over time. Furthermore, the fully-equipped, modern apartments are designed to generate high potential rental income, providing a lucrative opportunity for investors.
The Doorstep Experience
The immediate vicinity of our pioneering beachfront investment is a treasure trove of culinary delights, boutique shopping, and vibrant entertainment options, all within walking distance. This curated selection of experiences is designed to enhance the lifestyle of our residents, providing a unique blend of luxury, convenience, and natural beauty. Whether you're looking to indulge in local cuisine, explore the area's boutique shops, or simply soak up the sun on the beach, the doorstep experience has something for everyone.
🍴 MALECON21 Beach Club & Restaurant - Just a 1-minute walk away, this beachfront restaurant offers an unforgettable dining experience, with breathtaking ocean views and a menu that showcases the freshest local ingredients, perfect for residents who crave a luxurious and convenient dining experience.
🍹 Luna's Restaurant & Bar - A mere 2-minute stroll leads to this charming eatery, where residents can enjoy a wide range of cocktails and dishes in a cozy, intimate setting, making it an ideal spot for relaxation and socialization.
🛍️ Feel the Caribbean - For those looking to immerse themselves in the local culture, this boutique store is just a 1-minute walk away, offering a unique selection of Caribbean-inspired clothing and accessories that reflect the area's vibrant personality.
🍞 Panadería La Tartaleta - Residents can indulge in the sweet treats and freshly baked goods at this local bakery, just a 3-minute walk away, which provides a convenient and delicious option for daily essentials.
🍦 Gelatería La Dolce Vita - This gelato shop, just a 2-minute walk away, offers a cool respite from the sun, with a variety of unique and delicious flavors that are sure to satisfy any sweet tooth.
Neighborhood Highlights
Beyond the immediate doorstep experience, the surrounding neighborhood is a hub of activity, with a range of attractions and amenities that cater to diverse interests. From pristine beaches to exciting theme parks, the area is poised to become a thriving destination, making it an attractive investment opportunity for those looking to capitalize on the growth of the Caribbean.
🚣 Costa Maya | Cruise Port - Just a 14-minute drive away, this bustling cruise port is a testament to the area's growing popularity, offering a unique opportunity for residents to experience the vibrant culture and entertainment options that come with it.
🏖️ Mahahual Beach - A 5-minute drive leads to this stunning beach, where residents can soak up the sun, enjoy water sports, or simply relax in a tranquil Caribbean setting, making it an ideal spot for relaxation and recreation.
🌊 Blue Kay Mahahual - This beachfront bar and restaurant, just a 5-minute drive away, offers a unique blend of entertainment, dining, and water activities, making it an ideal spot for socialization and relaxation.
🐬 Dolphin Discovery Costa Maya - For the adventurous, this theme park, a 14-minute drive away, provides an unforgettable experience, with dolphin encounters and other exciting activities that are sure to thrill residents and visitors alike.
🏨 Nacional Beach Club & Bungalows - Just a 2-minute drive away, this beach club and bungalow complex offers a luxurious and secluded retreat, perfect for those seeking a peaceful and relaxing Caribbean getaway.