Spirit 1978

View of Private Balcony at Spirit 1978, showcasing Outdoor Living Space, Tropical Landscape View.
View of Luxury Living Space at Spirit 1978, showcasing Modern Interior Design, Neutral Color Palette.
View of Modern Bedroom at Spirit 1978, showcasing Neutral Decor, Wood Paneling.
View of Modern Bedroom at Spirit 1978, showcasing Luxury Bedroom, Minimalist Design.
View of Modern Bedroom at Spirit 1978, showcasing Stylish Bedroom, Comfortable Bed.
Image of Garden at Spirit 1978, featuring Modern Bedroom, Luxury Interior.
No items found.
View of Modern Bedroom at Spirit 1978, showcasing Neutral Tones, Minimalist Design.View of Modern Bedroom at Spirit 1978, showcasing Luxury Interior, Neutral Palette.

Property Details

Prices and Availability

Amenities

Financial Analysis

Neighborhood

UPDATES

Spirit 1978 is a new development consisting of 21 apartments distributed over 7 levels , strategically situated in the Hollywood zone of Playa del Carmen. The development offers a variety of unit types, including 1-bedroom units (44 M2 / 470.80 SQF), 2-bedroom units (83 M2 / 888.10 SQF), and a unique 3-bedroom unit (90 M2 / 963.00 SQF). Units feature either 'Atrás/Back' or 'Frontal' views, with options for 'Turn Key' (furnished) or unfurnished units. The available property types include Condo , catering to investors looking to capitalize on Playa del Carmen's strong rental market and individuals seeking a modern, well-located residence for personal use.

The strategic value of Spirit 1978 lies in its prime location, steps from the Caribbean Sea, offering immediate access to the city's attractions. The development's modern apartments with 'Turn Key' options provide a hassle-free living experience, while the flexible payment plans such as 50/30/20 and 90/10 offer discounts, enhancing the investment viability. The proximity to the city's main attractions and the potential for lucrative rental income in a strong tourist market make Spirit 1978 a smart investment opportunity. With developer financing available, investors can take advantage of attractive financing options, further enhancing the property's appeal. The unique combination of location, modern amenities, and flexible payment plans positions Spirit 1978 as a strategic investment opportunity in the heart of Playa del Carmen.
Presentation Video
Developer Profile
Official Brochure
LOCATION
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PRICE
N/A
$197,594 - $452,656 USD
CITY
N/A
Playa del Carmen
REGION
Centro
BEDROOMS
1
2
3
TYPES
Condo
SURFACE
44
-
90
m2
UNITS
17
Units Available
AI RATING
High-Yield Opportunity
SALES VELOCITY
26
%
FINANCING PLANS
N/A
Available
DEVELOPER
VanaTan
DELIVERY DATE
August 2026
DEVELOPER STATUS
LISTING UPDATE
April 7, 2026
Model / TypologySize (m²)BedroomsSales VelocityStarting Price (USD)Assets
1-Bedroom Condo ▼
44.00
1
12 left
~$197,594
UnitStatusPrice (USD)Size (m²)Floor PlanImages
1Sold$217,27544.00ViewImage 1 Image 2 Image 3 Image 4 Image 5
12Available$197,59444.00Image 1 Image 2 Image 3 Image 4 Image 5
13Available$217,27544.00Image 1 Image 2 Image 3 Image 4 Image 5
22Available$237,64544.00Image 1 Image 2 Image 3 Image 4 Image 5
23Available$237,64544.00Image 1 Image 2 Image 3 Image 4 Image 5
32Available$237,64544.00Image 1 Image 2 Image 3 Image 4 Image 5
33Available$237,64544.00Image 1 Image 2 Image 3 Image 4 Image 5
42Available$238,33444.00Image 1 Image 2 Image 3 Image 4 Image 5
43Available$238,33444.00Image 1 Image 2 Image 3 Image 4 Image 5
52Available$238,33444.00Image 1 Image 2 Image 3 Image 4 Image 5
53Available$238,33444.00Image 1 Image 2 Image 3 Image 4 Image 5
62Available$279,07344.00Image 1 Image 2 Image 3 Image 4 Image 5
63Available$279,07344.00Image 1 Image 2 Image 3 Image 4 Image 5
72SoldN/AN/AImage 1 Image 2 Image 3 Image 4 Image 5
73SoldN/AN/AImage 1 Image 2 Image 3 Image 4 Image 5
2-Bedroom Condo ▼
83.00
2
4 left
~$373,442
UnitStatusPrice (USD)Size (m²)Floor PlanImages
21Available$373,44283.00Image 1 Image 2 Image 3 Image 4 Image 5
41Available$374,13183.00Image 1 Image 2 Image 3 Image 4 Image 5
51Available$432,97683.00Image 1 Image 2 Image 3 Image 4 Image 5
61Available$443,38783.00Image 1 Image 2 Image 3 Image 4 Image 5
71SoldN/AN/AImage 1 Image 2 Image 3 Image 4 Image 5
3-Bedroom Condo ▼
90.00
3
1 left
~$452,657
UnitStatusPrice (USD)Size (m²)Floor PlanImages
102-3Available$452,65790.00Image 1 Image 2 Image 3 Image 4 Image 5
Condo ▼
N/A
N/A
0 left
SOLD OUT
UnitStatusPrice (USD)Size (m²)Floor PlanImages
11SoldN/AN/AView
31SoldN/AN/A
Explore Financing Plans
Financing PlanDown PaymentDuring ConstructionOn DeliveryKey Benefits & Terms
50/30/20 Payment Plan50.0%30.0%20.0%This plan offers a 5% discount on the list price.
90/10 Payment Plan90.0%—10.0%This plan offers an 8% discount on the list price.
30/50/20 Payment Plan30.0%50.0%20.0%Standard payment plan. No explicit discount mentioned.
50/50 Payment Plan50.0%—50.0%Standard payment plan. No explicit discount mentioned.
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 swimming pool and rooftop terrace, which suggest a moderate to high level of luxury and maintenance requirements. The lounge and garden, while adding to the overall cost, are relatively lower maintenance compared to amenities like 24/7 security or a gym. The price range of $197,594 to $452,656 USD also indicates a level of luxury that would expect a certain quality of service, thus influencing the HOA fee. The relatively small number of units (23) means that the cost per unit will be higher to cover the maintenance and upkeep of these amenities.

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 Garden at Spirit 1978, featuring Outdoor Living Space, Private Patio.
Image of Rooftop Terrace at Spirit 1978, featuring Rooftop Lounge, Outdoor Living.
Image of Rooftop Terrace at Spirit 1978, featuring Rooftop Lounge, Outdoor Living.
Image of Swimming Pool at Spirit 1978, featuring Outdoor Lounge Area, Rooftop Terrace.
Image of Swimming Pool at Spirit 1978, featuring Swimming Pool, Outdoor Lounge.
Image of Swimming Pool at Spirit 1978, featuring Luxury Outdoor Lounge, Swimming Pool Area.
Image of Swimming Pool at Spirit 1978, featuring Swimming Pool, Lounge Area.
Image of Rooftop Terrace at Spirit 1978, featuring Rooftop Bar, Outdoor Lounge.
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The essence of Spirit 1978 lies in its masterful blend of modern luxury and natural beauty, where the sleek, sophisticated design of the property converges with the vibrant, tropical landscape of Playa del Carmen to create a truly unique living experience. With its prime location in the heart of the city, steps from the Caribbean Sea, Spirit 1978 offers discerning individuals and investors a rare opportunity to own a piece of paradise, complete with modern apartments, flexible payment plans, and a potential for lucrative rental income in a strong tourist market.

  • 🏖️ Coastal Living: Wake up to breathtaking views of the Caribbean Sea, with wide-angle vistas and direct access to private gardens and balconies that showcase the lush, tropical landscape beyond.
  • 🌿 Private Oasis: The rooftop terrace and garden become your personal sanctuary, a tranquil escape from the bustling city, where you can unwind and rejuvenate amidst the sights and sounds of nature.
  • 🏊‍♀️ Aquatic Bliss: The swimming pool is your gateway to relaxation, a refreshing oasis where you can swim, sunbathe, or simply lounge in the warm Caribbean sun, surrounded by the soothing sounds of the water.
  • 🍹 Sunset Soiree: The lounge and rooftop terrace transform into an exclusive social hub as the sun sets, where you can gather with friends, enjoy a cocktail, or host a private event, all while taking in the stunning views of the surrounding landscape.
Wellness & Recreation
  • 🏊 Swimming Pool: Relax and unwind with a refreshing swim in the pool.
  • 🌳 Garden: Escape to a serene oasis, perfect for meditation and relaxation.
Social & Entertainment
  • 🍹 Lounge: Mingle with friends and neighbors in a sophisticated setting.
  • 🌆 Rooftop Terrace: Enjoy breathtaking views and host memorable gatherings.
Services & Comfort
  • 🛡️ Also Includes: 24/7 Security, ensuring a safe and secure living environment.
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April 7, 2026

Spirit 1978 offers a strategic entry into Playa del Carmen's robust rental market through a new development backed by a developer with a strong hospitality pedigree. The project is well-positioned to capitalize on high tourist demand with a turnkey, professionally managed asset upon completion.

  • 💎
    Asset Profile Modern, Furnished Condos (1-3 Beds) designed for the vacation rental market.
  • 📈
    Financial Logic Capitalizes on high tourist demand with a turnkey asset designed for immediate rental upon delivery, targeting strong ADRs in a prime city-center location.
  • 📍
    Location Alpha Located in the desirable 'Hollywood' zone, offering walkability to the beach, 5th Avenue, and local amenities like the sports stadium.
  • 🛡️
    Risk Assessment The primary risks are the premium entry price and the inherent timing and execution variables of a pre-sale development scheduled for August 2026 delivery.
Read the Full Data-Driven Analyst Report

Investment Memo: Spirit 1978

Market: Playa del Carmen | Zone: Located in the Hollywood zone, a few streets from the Caribbean Sea., Proximity to Estadio/Deportivo Playa del Carmen. HIGH-YIELD OPPORTUNITY

Analyst Verdict

Spirit 1978 presents a compelling investment thesis centered on acquiring a turnkey, hospitality-grade asset within Playa del Carmen's mature and highly active vacation rental market. The developer, VanaTan, brings a significant track record from the hotel sector, having worked with premier brands like Hilton and Marriot, suggesting a higher standard of design and management focused on rental performance. The project's location in the 'Hollywood' zone offers excellent walkability to the beach and city center, aligning with the preferences of the dominant international tourist demographic that drives rental demand. The offering of fully furnished and equipped units further de-risks the operational phase for investors, allowing for immediate income generation upon its scheduled delivery.

However, the investment carries notable risks that temper the outlook. The entry price of $5,116 USD/m² is at a premium compared to the city's average, demanding consistently high occupancy and nightly rates to achieve target yields in a competitive rental landscape. As a pre-sale project with a delivery date of August 2026, investors are exposed to timing and execution risk, although this is mitigated by the developer's established portfolio. The current sales velocity of 26% is moderate and should be monitored; while not a critical red flag at this stage, it indicates the project is not selling out at a rapid pace, likely due to the premium pricing and the high volume of competing pre-sale developments in the market.

Strength: Experienced Hospitality Developer (Hilton, Marriot Portfolio)
Risk: Premium Pricing & Pre-Sale Execution Risk

💰 Valuation & Yield Logic

  • Entry Basis: $5,116 USD/m² - Analyzed as Premium for this zone.
  • Rental Demand: High, driven by strong year-round tourism and a preference for modern, walkable condos. Nightly rates for comparable 2-bedroom units in the area range from $90 to $125+, indicating a robust income potential.
  • Scarcity Factor: The inventory mix, heavily weighted towards 1-bedroom units, directly serves the largest segment of the rental market (couples and solo travelers), potentially leading to higher occupancy.

📍 Location Maturity

The 'Hollywood' zone is an established and desirable residential area within the urban core of Playa del Carmen. It is not a developing or fringe neighborhood, offering immediate access to existing infrastructure, restaurants, and retail, with close proximity to both the beach and the main tourist thoroughfare of 5th Avenue.

🏗️ Developer Profile & Status

The developer, VanaTan, has a verified background in the hospitality industry, citing experience with Intercontinental, Hilton, and Marriot. This project is a Pre-Sale with a confirmed delivery date of August 2026 . The primary risk is related to construction timelines rather than developer viability.

Status: 26% Sold | Est. Completion: August 2026
*Analysis based on current market listings.
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 $197,594 USD

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

  • Acquisition Tax (ISABI): ~$6,521
  • Notary, Registry & Admin Fees: ~$4,622

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

  • SRE Government Permit: $1,200
  • Bank Establishment Fee: $1,000
Estimated Total One-Time Cost:
~$13,342 USD
This represents approximately 6.8% 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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Located in the heart of Playa del Carmen, Spirit 1978 embodies the essence of luxurious coastal living, offering discerning individuals and investors a unique opportunity to experience elevated living in a prime tourist destination. This development is strategically positioned to provide a hassle-free living experience, with modern apartments and flexible payment plans, making it an attractive option for those seeking a luxurious residence or a lucrative rental property. The area's strong tourist market and potential for rental income make it an ideal choice for investors looking to capitalize on the region's growing demand for high-end accommodations.

The Doorstep Experience

The neighborhood surrounding Spirit 1978 is a vibrant tapestry of culinary delights, boutique cafes, and entertainment venues, all within a short walking distance. This curated selection of nearby attractions enhances the lifestyle of residents, providing endless opportunities for dining, relaxation, and entertainment. The following destinations exemplify the area's charm and sophistication:
  • ☕️ Bajo Cafe - Just a 2-minute walk away, this charming cafe is perfect for a morning coffee or a casual meeting, highlighting the area's walkability and convenience.
  • 🍞 Choux Choux Café - A 4-minute stroll leads to this popular bakery and cafe, where residents can indulge in freshly baked goods and gourmet coffee, embodying the sophisticated culinary scene.
  • 🍴 Chez Papa - This esteemed restaurant, just a 4-minute walk away, offers an exquisite dining experience, showcasing the area's gastronomic delights and catering to the refined tastes of residents.
  • 🍽️ Chez Céline - A 10-minute walk leads to this highly-regarded eatery, where residents can savor the flavors of expertly prepared cuisine, further emphasizing the area's reputation for fine dining.
  • 🍸 Onyx Bar - For those seeking a sophisticated evening experience, this trendy bar is just a 10-minute walk away, offering a wide range of cocktails and entertainment options, catering to the diverse interests of residents.
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View of Modern Bedroom at Spirit 1978, showcasing Minimalist Design, Floating Bed.View of Modern Kitchen at Spirit 1978, showcasing Open Concept, Living Space.Image of Garden at Spirit 1978, featuring Modern Kitchen, Dining Area.

Playa del Carmen

: Market Analysis

Playa del Carmen is the energetic heart of the Riviera Maya, defined by its bustling, pedestrian-only Fifth Avenue packed with shops, restaurants, and bars. It offers a lively, cosmopolitan hub with vibrant beach clubs, making it the perfect central base for exploring the entire region.
VIEW ANALYSIS

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