Overview

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 RANGE
$144,025 - $147,298 USD
CITY
Playa del Carmen
REGION
Ejido
BEDROOMS
2
2
TYPES
Condo
SURFACE
54.9
–
55
m²
AI RATING
Conditional / Further Underwriting
FINANCING PLANS
Not available
DEVELOPER
REDMEX
DELIVERY DATE
jun-2027

Investment Thesis

Investment Memo: Encanto de Playa

Market: Playa del Carmen | Zone: Ejido CONDITIONAL / FURTHER UNDERWRITING

Analyst Verdict

Encanto de Playa is a 20-unit, 2-bedroom residential tower in the Ejido neighborhood of Playa del Carmen, offered at an entry price of $2,623 USD/m². The asset's documented features—rooftop pool, BBQ, lounge, terrace, parking, elevator, and security—position it as a mid-market, amenity-driven product aimed at owner-occupiers and long-term rental investors. The Ejido neighborhood is characterized as an emerging, authentic local area with more square meters per peso than beachfront zones, attracting families, expats, remote workers, and retirees seeking value and community integration. However, the listing type is unverified, and no developer track record, sales status, or delivery date is available, creating a significant underwriting gap that prevents a definitive investment recommendation.

Return underwriting requires verified rent, occupancy, and operating costs; no numeric return is established.

Bull Case: The asset's modern amenities and 2-bedroom layout could appeal to long-term renters and remote workers, capitalizing on Ejido's growing popularity and the city's infrastructure improvements. If the developer delivers on time and the neighborhood continues to appreciate, the entry price may prove favorable relative to future values.
Bear Case: The lack of verified developer track record, sales status, and delivery date introduces execution risk. Competing supply in Playa del Carmen, particularly near the beach, could pressure rental rates and resale liquidity. Citywide trends inform context but do not establish this unit's future price path.

💰 Valuation & Yield Logic

  • Entry Basis: $2,623 USD/m². Relative value requires matched comparable evidence.
  • Rental Demand: Playa del Carmen's short-term rental market is active, but the asset's location in Ejido, 17 minutes from the beach, may favor long-term rentals over vacation rentals. The city's growing remote-worker population supports sustained demand for 2-bedroom units.
  • Asset Differentiation: The documented amenities—rooftop pool, BBQ, lounge, terrace, parking, elevator, and security—serve buyers seeking a turnkey, amenity-rich residential experience. The 2-bedroom layout is versatile for families or shared living, but it is not a lock-off or separate rental unit.

📍 Location Maturity

Ejido is an emerging neighborhood, described as offering an authentic local atmosphere with family-run businesses, markets, schools, and parks. It is attracting a mix of families, expats, remote workers, and investors. The city is investing in infrastructure, including road improvements and the Tren Maya, which could enhance connectivity and property values over time. However, the neighborhood is not yet a prime tourist destination, and its appreciation trajectory is less established than beachfront areas.

📋 Asset Type & Status

The listing type is unverified. The asset data does not specify whether this is a presale, resale, or completed development. Sales status is unavailable, and no delivery date is provided. This evidence gap means construction risk, title readiness, and condition cannot be assessed. The developer is listed as 'Unknown Developer' with no verified track record, adding to the underwriting uncertainty.

Status: Sales status unavailable | Est. Completion: Verify Listing Type
*Analysis based on current market listings.

Amenities

  • 🍖 BBQ & Lounge Area: A dedicated outdoor grilling and seating zone, ideal for hosting casual gatherings with friends and family.
  • 🌇 Rooftop Lounge: A social sky deck with panoramic views, perfect for evening cocktails and community events.

Wellness & Recreation

  • 🏊 Resort-Style Pool: A central swimming pool surrounded by lush landscaping, offering a daily retreat for relaxation and recreation.
  • 🌅 Rooftop Terrace: An elevated open-air space designed for yoga, meditation, or simply enjoying ocean breezes and sunset views.

Services & Comfort

  • 🛡️ Secure & Convenient Living: Includes 24/7 security, elevator access, and dedicated parking for peace of mind and effortless daily routines.
20.6219605
-87.0947354
Encanto de Playa

Neighborhood

Price List

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https://static.casamigo.net/MCP/encanto-de-playa/doc/price-list

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