


Playa del Carmen
: Market Analysis









Presentation VideoDeveloper ProfileOfficial BrochureLOCATION| Model / Typology | Size (m²) | Bedrooms | Sales Velocity | Starting Price (USD) | Assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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1-Bedroom Condo ▼ 37.01 - 43.30 1 6 left ~$167,651
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Explore Financing Plans| Financing Plan | Down Payment | During Construction | On Delivery | Key Benefits & Terms |
|---|---|---|---|---|
| PAYMENT PLAN 1 | 30% | 40% | 30% | None |
| PAYMENT PLAN 2 | 50% | 20% | 30% | DISCOUNT OF 2% |
| PAYMENT PLAN 3 | 70% | — | 30% | DISCOUNT OF 4% |
HOA Fees ESTIMATIONBased 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 moderate to high-cost amenities like a gym, swimming pool, and rooftop terrace. Although there's no mention of 24/7 security or extremely high-luxury features, the provided amenities suggest a mid-to-high level of service quality. The relatively small number of units (22) means that the cost per unit will be higher to maintain these amenities, but the price range of the condos ($108,890 - $328,617 USD) indicates that owners can afford and expect a certain level of quality in the services and maintenance provided.
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.
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Wellness & RecreationSocial & EntertainmentServices & ComfortLe 35 Residences offers a de-risked, immediate-yield opportunity in the heart of Playa del Carmen's rental market. The asset is fully built, removing all construction risk, but its slow sales velocity (41%) suggests the premium price point requires careful underwriting against projected rental income.
Read the Full Data-Driven Analyst ReportLe 35 Residences presents a compelling, de-risked investment opportunity by offering an immediate-delivery asset in the core of Playa del Carmen, a market characterized by high international demand and limited inventory near the beach. The elimination of construction and delivery risk is a significant advantage, allowing an investor to immediately tap into a robust short-term rental market. The property's prime location, within walking distance to Fifth Avenue and the Caribbean Sea, positions it to attract tourists and digital nomads, who are key drivers of the local rental economy. The developer, Construction Midalto, brings 20 years of construction experience from the Canadian market, which provides a degree of confidence in the build quality, even as this represents their entry into Mexico.
The primary risk factor is the project's commercial velocity. With the building complete and ready for occupancy, a 41% sold status is a significant red flag that suggests a potential misalignment between the asset's pricing and current market appetite. This could be due to the developer's lack of local market experience, leading to a suboptimal pricing or marketing strategy. While the Playa del Carmen market is strong, it is also mature and competitive, with many new developments vying for investor attention. A thorough underwriting of rental income potential against the entry basis is critical to ensure the sluggish sales are a source of opportunity (a mispriced asset) rather than a warning of underlying issues.
The zone is fully established and mature. Located in the heart of downtown Playa del Carmen, it benefits from existing infrastructure, high foot traffic, and proximity to premier attractions like Fifth Avenue. Major regional projects like the Maya Train are set to further bolster connectivity and tourism.
The developer is Construction Midalto, a general contractor with a 20-year track record in Quebec, Canada, with verified projects including LYSÄ Ste-Foy (56 apartments). While experienced in residential construction, this is their first known project in Mexico. The project status is 'Immediate Delivery', which completely mitigates any construction or execution risk.
Fideicomiso and Closing Costs SIMULATORDisclaimer: 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 $167,651 USD
1. Percentage-Based Costs (Tied to Price):
2. Fideicomiso (Bank Trust) Setup (Flat Fees):
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.
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