Encanto de Playa

View of Modern Living Room at Encanto de Playa, showcasing Open Concept Layout, Compact Kitchen.
Image of Rooftop Terrace at Encanto de Playa, featuring Modern Apartment Building, Concrete Facade.
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View of Modern Bathroom at Encanto de Playa, showcasing Walk-in Shower, Green Tile Shower.View of Children's Bedroom at Encanto de Playa, showcasing Bunk Beds, Modern Interior Design.
Encanto de Playa is a boutique collection of 20 two-bedroom apartments, situated in a prime location in Playa del Carmen. This exclusive development is brought to you by REDMEX , a renowned developer with over 10 years of experience in the Riviera Maya, known for creating projects that integrate with the environment and respond to the evolving needs of the community. The available property types include Condo , offering a unique blend of modern amenities and natural beauty.

The strategic value of Encanto de Playa lies in its prime location in a booming area, providing quick and easy access to essential services and the federal highway connecting Cancun and Tulum. The development's exclusive community of only 20 apartments ensures a sense of tranquility and seclusion, while the stunning rooftop sanctuary offers breathtaking views of the Riviera Maya's sunsets. With its modern amenities and natural beauty , Encanto de Playa presents a strategic investment opportunity, positioned for long-term value due to its unique features and prime location. Note that Encanto de Playa does not offer developer financing, allowing investors to explore external financing options that best suit their needs.
PRICE
N/A
$143,108 - $146,360 USD
CITY
N/A
Playa del Carmen
REGION
Ejidal
BEDROOMS
2
SURFACE
54.9
-
55
m2
UNITS
4
Units Available
ANALYST RATING
Strategic
SALES VELOCITY
80
%
FINANCING PLANS
N/A
Available
DEVELOPER
REDMEX
DELIVERY DATE
Details Upon Request
DEVELOPER STATUS
LISTING UPDATE
December 7, 2025
Presentation Video
Developer Profile
Official Brochure
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Encanto de Playa
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Model / TypologySize (m²)BedroomsSales VelocityStarting Price (USD)Assets
2-Bedroom ['Condo']
54.90 - 54.98
2
4 left
~$143,109
UnitStatusPrice (USD)Size (m²)Floor PlanImages
01Available$143,10954.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
02Available$143,10954.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
03SoldN/A54.92ViewImage 1 Image 2 Image 3 Image 4 Image 5
04SoldN/A54.98ViewImage 1 Image 2 Image 3 Image 4 Image 5
05Available$146,36154.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
06Available$146,36154.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
07SoldN/A54.92ViewImage 1 Image 2 Image 3 Image 4 Image 5
08SoldN/A54.98ViewImage 1 Image 2 Image 3 Image 4 Image 5
09SoldN/A54.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
10SoldN/A54.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
11SoldN/A54.92ViewImage 1 Image 2 Image 3 Image 4 Image 5
12SoldN/A54.98ViewImage 1 Image 2 Image 3 Image 4 Image 5
13SoldN/A54.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
14SoldN/A54.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
15SoldN/A54.92ViewImage 1 Image 2 Image 3 Image 4 Image 5
16SoldN/A54.98ViewImage 1 Image 2 Image 3 Image 4 Image 5
17SoldN/A54.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
18SoldN/A54.90ViewImage 1 Image 2 Image 3 Image 4 Image 5
19SoldN/A54.92ViewImage 1 Image 2 Image 3 Image 4 Image 5
20SoldN/A54.98ViewImage 1 Image 2 Image 3 Image 4 Image 5
UnitSoldN/AN/A
Explore Financing Plans
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 - $400 USD per month

Analyst's Reasoning: The estimate is in this range due to the presence of moderate to high-cost amenities like a swimming pool, rooftop terrace, and parking, which suggest a certain level of luxury and maintenance requirement. However, the absence of extremely high-maintenance amenities like 24/7 security, gyms, or staffed beach clubs, 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 mid-to-high-end development, which further supports this estimate.

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 Swimming Pool at Encanto de Playa, featuring Rooftop Terrace, Private Pool.
Image of Swimming Pool at Encanto de Playa, featuring Rooftop Pool, Luxury Terrace.
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The essence of luxury living is redefined at Encanto de Playa, where every detail is meticulously crafted to create a serene and exclusive urban oasis, blending the tranquility of nature with the sophistication of modern amenities.

  • 🏖️ Oceanfront Bliss: Wake up to breathtaking ocean views, where the horizon stretches out before you, inviting a sense of endless possibility and tranquility.
  • 🌟 Rooftop Sanctuary: Experience the magic of the Riviera Maya's sunsets from the rooftop terrace, a private haven where the sky meets the sea, perfect for relaxation or entertaining.
  • 🍴 Alfresco Dining: The grill area becomes your outdoor kitchen, where the aroma of freshly grilled meals mingles with the ocean breeze, creating unforgettable dining experiences under the stars.
  • 🏊‍♀️ Aquatic Serenity: The swimming pool is your private oasis, a place to unwind and rejuvenate, surrounded by lush gardens that bring the beauty of nature to your doorstep.
  • 🚗 Convenient Luxury: With secure parking and a stylish lobby, every aspect of your lifestyle is considered, ensuring that your home at Encanto de Playa is not just a residence, but a seamless blend of luxury and convenience.
  • 🌿 Nature's Retreat: The garden is your serene escape, a meticulously manicured haven where you can connect with nature, find peace, and rejuvenate your spirit.
  • 🛋️ Cosmopolitan Lounge: The lounge area is your sophisticated retreat, a place to unwind, socialize, or simply enjoy a quiet moment, surrounded by the elegance of Encanto de Playa's design.
Wellness & Recreation
  • 🏊 Swimming Pool: Relax and unwind in the serene pool, perfect for a tranquil lifestyle.
  • 🌳 Garden: Stroll through the lush gardens, promoting a sense of calm and connection to nature.
Social & Entertainment
  • 🔥 Grill Area: Host gatherings and BBQs with stunning ocean views, fostering a sense of community.
  • 🍹 Lounge: Mingle and socialize in the stylish lounge, ideal for making lasting connections.
  • 🌅 Rooftop Terrace: Enjoy breathtaking sunsets and panoramic views, perfect for sophisticated entertainment.
Services & Comfort
  • 🅿 Parking and Security: Includes secure parking, lobby, and 24/7 security for peace of mind and convenience.
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December 7, 2025
💡 In any market, choosing a property with true, lasting value is the key to a smart purchase. Encanto de Playa is designed to deliver just that, offering a unique combination of location, design, and lifestyle that sets it apart.

  • 🌊 Unmatched Ocean Views: The property's non-replicable ocean view units command a durable rental and pricing premium, securing a superior lifestyle and long-term value.
  • 🏞️ Premium Rooftop Amenities: The rooftop terrace targets the high-yield, short-term rental market, differentiating the property and appealing to lifestyle-focused tenants and tourists seeking an elevated experience.
  • 🚗 Dedicated Parking: The inclusion of parking addresses a critical infrastructure deficit, enhancing appeal for both long-term residents and tourists with rental vehicles, and supporting higher occupancy.
  • 📈 State-Led Infrastructure Investment: The region benefits from massive state-led investment in urban development and infrastructure, including the Tren Maya, which enhances regional connectivity and accessibility.
  • 🔒 Government Support for Real Estate Formalization: A proactive government effort to formalize the real estate sector through advisor matriculation and updated urban development plans increases investor security and long-term property value stability.
Read the Full Data-Driven Analyst Report
The investment rationale for Encanto de Playa is anchored in the asset's possession of non-replicable ocean view units, a feature that commands a durable rental and pricing premium. This asset is strategically positioned to outperform a local market defined by a significant data conflict: tepid national tourism metrics, including a -1.5% YTD decline in hotel occupancy, contrast sharply with a robust local narrative of state-sponsored infrastructure investment. While the broader entry-level market faces potential absorption challenges from a rapid increase in planned housing supply, this asset’s key differentiators target a premium segment of the rental market, creating a defensible niche insulated from pricing pressure affecting commoditized, non-view inventory.

💎 Competitive Advantages (Alpha)

The asset’s intrinsic features are designed to generate alpha by capturing a premium segment of the market, insulating it from the competitive pressures affecting standard-grade inventory. This is evidenced by the project's high absorption rate, with 80% of total inventory sold, indicating strong market reception for its specific value proposition.

  • Non-Replicable Ocean Views: The primary value driver is the asset's ocean views, a scarce and permanent feature that establishes a competitive moat. This allows the property to command premium rental rates and attract a flight-to-quality demand segment, even in a softening market.
  • Premium Rooftop Amenities: The rooftop terrace directly targets the high-yield, short-term rental market. This feature differentiates the property from the wave of new, undifferentiated supply, appealing to lifestyle-focused tenants and tourists seeking an elevated experience.
  • Dedicated Parking: The inclusion of parking addresses a critical infrastructure deficit in Playa del Carmen's high-density zones. This practical amenity enhances appeal for both long-term residents and tourists with rental vehicles, broadening the potential tenant base and supporting higher occupancy.


🛡️ Foundational Market Strengths (Beta)

While the investment thesis is not reliant on broad market uplift, the asset benefits from powerful, state-sponsored tailwinds that enhance long-term value and mitigate macro-level risks. These foundational strengths signal a maturing and formalizing investment environment.

  • Systematic Infrastructure Investment: The region is undergoing a state-led transformation, headlined by major projects such as the Tren Maya. This focus on connectivity and urban development provides a structural catalyst for long-term appreciation and accessibility.
  • Accelerated Market Formalization: The government is proactively increasing investor security. This is quantified by the matriculation of 2,144 real estate advisors in Quintana Roo, ranking it first nationally, and the ongoing modernization of Urban Development Plans for Playa del Carmen.
  • Diversified Tourism Inflows: The national cruise sector provides a consistent stream of tourism to the Riviera Maya, with passenger arrivals demonstrating robust growth of +8.9% year-to-date. This channel offers a partial hedge against fluctuations in air travel.
  • Neighborhood Value Unlocking: The recent regularization of 1,693 lots in the adjacent Colonia Luis Donaldo Colosio provides legal certainty to property owners, unlocking value and paving the way for formalized development that will improve the surrounding urban environment.


📈 Strategic Outlook & Risk Analysis

  • ⚪ Primary Market Risk: A potential housing supply 'bubble' driven by ambitious regional development targets, which could outpace near-term demand and lead to downward pressure on rental yields and occupancy rates for undifferentiated properties.
  • 🔴 Inventory Exposure: The available 2-Bedroom condominium inventory directly competes in the market's most active development segment. While exposed to broad supply pressures, these units are significantly de-risked by the asset's premium amenities. The 'Ocean View' and 'Rooftop Terrace' differentiate them from standard new-builds, allowing them to target a higher-yield segment of the short-term rental market and attract long-term tenants seeking superior lifestyle features.

  • 🟢 Strategic Confidence: The analyst's confidence is rated as Strategic. The rating reflects a deliberate investment in quality within a market undergoing quantitative expansion. While macro data indicates a risk of oversupply in the broader market, this asset's specific, high-value amenities like ocean views provide a defensible moat, positioning it to capture a flight-to-quality demand segment and maintain premium rental rates. .
  • 🟢 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 is a well-capitalized, yield-focused individual with a medium-to-long-term horizon and a high tolerance for macro volatility. This profile understands the dichotomy between weakening national tourism data and the targeted, state-led growth in Playa del Carmen. They are not seeking generic market beta but are specifically targeting the alpha generated by premium, defensible asset features to secure a superior rental income stream. This investor must be prepared to weather potential near-term market softness, particularly given headwinds from the U.S. economy, where a persistently low Consumer Expectations Index signals a high probability of recession that could dampen demand from the region's primary foreign buyer market.
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 $143,109 USD

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

  • Acquisition Tax (ISABI): ~$4,723
  • Notary, Registry & Admin Fees: ~$3,347

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

  • SRE Government Permit: $1,200
  • Bank Establishment Fee: $1,000
Estimated Total One-Time Cost:
~$10,270 USD
This represents approximately 7.2% 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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In the heart of Playa del Carmen, a unique urban oasis awaits, offering discerning individuals and families a luxurious, tranquil, and exclusive living experience. This strategic location provides easy access to a plethora of amenities and attractions, making it the perfect blend of serenity and vibrancy. With high-end finishes, modern design, and a serene atmosphere, this exclusive urban oasis is the epitome of luxury living.

The Doorstep Experience

Just steps away from your residence, a world of culinary delights, specialty coffee, and convenience awaits. The doorstep experience is designed to provide residents with a unique sense of intimacy and luxury, where every need is met within a short walking distance. From gourmet restaurants to specialty coffee shops, the area is a haven for those who value high-end living and convenience.
  • 🍴 Evass Restaurante - Savor the flavors of gourmet cuisine at this esteemed restaurant, just a 4-minute walk from your doorstep, perfect for a night out or a special occasion.
  • ☕️ The Wolf Specialty Coffee Plaza 300 - Start your day with a visit to this specialty coffee shop, located just 2 minutes from your residence, and indulge in a world of coffee connoisseurship.
  • 🍴 FAT RABBIT - Enjoy a casual dining experience at this popular restaurant, just a 2-minute walk away, and discover the flavors of the local cuisine.
  • 🌊 Ananda Divers - Explore the underwater world of Playa del Carmen with this diving expert, located just 4 minutes from your residence, and experience the thrill of discovery.
  • 🛍️ City Club - Stock up on essentials at this convenient department store, just a 3-minute walk away, and enjoy the ease of having everything you need at your fingertips.


Neighborhood Highlights

Beyond the immediate doorstep experience, the neighborhood offers a wealth of attractions and amenities that cater to the discerning tastes of residents. From beach resorts to travel agencies, the area is a hub of activity and convenience, providing residents with a unique and exclusive living experience.
  • 🏖️ Sandos Playacar Beach Resort - Escape to a world of luxury and relaxation at this stunning beach resort, located just 16 minutes from your residence, and indulge in a day of pampering and leisure.
  • 🗺️ Cancun Adventures - Plan your next adventure with this expert travel agency, located just 6 minutes from your doorstep, and discover the wonders of the region.
  • 🛍️ Walmart - Shop for everything you need at this convenient supermarket, located just 10 minutes from your residence, and enjoy the ease of having a wide range of products at your fingertips.
  • 🏨 Allegro Playacar - All Inclusive - Experience the ultimate in luxury and convenience at this all-inclusive resort, located just 13 minutes from your doorstep, and indulge in a world of pampering and leisure.
  • 🏨 Hotel Riu Yucatan - Discover a world of luxury and relaxation at this stunning hotel, located just 15 minutes from your residence, and enjoy the perfect blend of serenity and activity.
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View of Modern Kitchen at Encanto de Playa, showcasing Kitchen Island, Breakfast Bar.View of Modern Bedroom at Encanto de Playa, showcasing Built-in Wardrobe, Wood Accents.View of Modern Kitchen at Encanto de Playa, showcasing Kitchen Island, Pendant Lighting.

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