Xkaa Urban Condos
is a boutique condo development located in the vibrant heart of Playa del Carmen, offering a unique blend of urban relaxation and coastal living. This
7-story tower
features
thoughtfully designed studio and one-bedroom units
, each with a
private balcony
and interiors appointed with
wood and fine finishes
for an elegant, contemporary feel. Developed by
GRUPO CONTRATA URBANA
, a team of specialists with a reputation for delivering high-quality solutions,
Xkaa Urban Condos
presents a strategic investment opportunity. The development includes
condos
and
studios
, catering to discerning investors and individuals seeking a luxurious, low-maintenance retreat.
The strategic value of
Xkaa Urban Condos
lies in its prime location, just
750 meters from the Caribbean Sea
and a short walk from the iconic
Fifth Avenue
. The development boasts stunning
rooftop amenities
, including an
ocean-view infinity pool
,
lounge
, and
bar
, providing residents with a unique and exclusive living experience. The
turnkey units
are perfect for immediate enjoyment or rental income, offering a hassle-free investment opportunity. With its unique blend of urban and coastal living,
Xkaa Urban Condos
is positioned for long-term value and appreciation. Attractive financing options are available, enhancing the investment viability of this prime development.
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 high-cost amenities like 24/7 security, elevator, and a rooftop infinity pool. Additionally, the rooftop, roof lounge, grill, bar, and wine bar contribute to a higher maintenance cost. However, the moderate number of total units (24) helps to distribute these costs, preventing the HOA fees from being excessively high. The price range starting from $129,214 also suggests a mid-to-high-end development, which aligns with the estimated HOA fee range, considering the luxury level and quality of service expected.
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: $160,396 USD
1. Percentage-Based Costs:
Acquisition Tax (ISABI):~$5,293
Notary & Admin Fees:~$3,752
2. Fideicomiso (Bank Trust) Setup:
SRE Permit:$1,200
Bank Setup Fee:$1,000
Estimated Total One-Time Cost: ~$11,245 USD Approx. 7.0% of value
In a market where national tourism metrics are stagnating, evidenced by a
-1.5% year-to-date decline in hotel occupancy
, investment success is contingent on capturing localized, high-value demand. Xkaa Urban Condos is positioned to outperform the broader market by leveraging its premium, non-replicable amenity stack—specifically the ocean view infinity pool and integrated rooftop lounge—to attract a discerning clientele. This strategic focus on a superior lifestyle offering provides a durable competitive advantage against the anticipated increase in generic housing supply, targeting a segment insulated from broader market pressures.
💎 Competitive Advantages (Alpha)
The asset's primary competitive strength lies in a curated set of amenities designed to deliver a premium lifestyle experience, thereby justifying higher rental yields and attracting a more resilient tenant base. These features create a tangible differentiation from the influx of standardized housing units, such as the 43,600 INFONAVIT homes planned for the region.
Ocean View Infinity Pool & Integrated Rooftop:
The signature amenity is a non-replicable ocean view rooftop, complete with an infinity pool, lounge, grill, and bar. This integrated social hub provides a significant lifestyle premium, directly targeting the high-demand vacation and professional rental market.
Superior Security & Exclusivity:
A controlled access lobby with 24/7 security offers a demonstrable upgrade in safety and exclusivity, a critical decision factor for international tenants and investors.
Wellness-Oriented Amenities:
The inclusion of a dedicated sunrise yoga space caters to the growing wellness tourism segment, adding a specific, marketable feature that broadens the asset's appeal beyond generic vacation rentals.
Favorable Inventory Mix:
With 54% of the 24 total units already sold, the remaining inventory is heavily weighted towards studios (9 units) and 1-bedroom condos (2 units). This typology is strategically aligned with the transient rental market, mitigating direct competition with larger, family-oriented housing projects.
🛡️ Foundational Market Strengths (Beta)
The investment is supported by powerful, state-sponsored initiatives aimed at transforming the regional infrastructure and formalizing the real estate market. These macro-level tailwinds provide a stabilizing force that counteracts the tepid national tourism data.
State-Led Infrastructure Investment:
The region is undergoing a significant, government-funded transformation, anchored by major projects such as the Tren Maya, which will enhance regional connectivity and drive long-term value appreciation.
Proactive Market Formalization:
A decisive government effort to professionalize the real estate sector is underway, evidenced by the matriculation of
2,144 real estate advisors
in Quintana Roo, ranking it first nationally and increasing market transparency.
Robust Cruise Sector Growth:
The national cruise sector provides a direct and growing source of tourism revenue for the Riviera Maya, with passenger arrivals increasing by a strong
+8.9% year-to-date
.
Increased Land Tenure Security:
Ongoing government programs are enhancing market stability and investor confidence through the regularization of land tenure, exemplified by the recent formalization of
1,693 lots
in Playa del Carmen's Colonia Luis Donaldo Colosio.
📈 Strategic Outlook & Risk Analysis
⚪ Primary Market Risk:
A potential housing supply 'bubble' driven by ambitious regional development targets (e.g., 43,600 INFONAVIT homes) coinciding with weak national tourism data (hotel occupancy -1.5% YTD), which could lead to downward pressure on rental yields and occupancy for undifferentiated assets.
🔴 Inventory Exposure:
The asset's available inventory is heavily weighted towards studios (9 units) and 1-bedroom condos (2 units). This typology is strategically targeted at the transient, short-term rental, and investor market, which is distinct from the permanent resident/family market targeted by large-scale INFONAVIT housing projects. This segmentation provides a significant degree of insulation from the primary supply-side risk.
🟢 Strategic Confidence:
The analyst's confidence is rated as
Strategic. The rating reflects the asset's specific inventory mix, which is heavily weighted towards studios and 1-bedroom units. This typology is strategically positioned to serve the investor and transient rental market, insulating it from direct competition with the large-scale, family-oriented housing developments that constitute the primary supply-side risk. The asset's premium amenity package further differentiates it, targeting a higher-yield segment of the market.
.
🟢 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 macro volatility and a medium-to-long-term investment horizon. This profile understands the critical divergence between stagnating national tourism metrics and the localized 'Alpha' opportunity driven by Playa del Carmen's infrastructure boom. This investor must be prepared to weather potential near-term market softness stemming from U.S. economic headwinds, as signaled by the persistently low Consumer Expectations Index. They prioritize tangible, rent-driving amenities and recognize the strategic value of an inventory mix (studios/1-beds) tailored to the high-demand vacation rental and professional/expat market, thereby mitigating exposure to broader residential supply increases. Attractive developer financing, including an
8% discount
for an 80% down payment, provides an additional incentive for a well-capitalized, long-term position.
Amenities
🍹
Rooftop Bar and Lounge:
Ocean-view bar, lounge, and grill area for sophisticated entertainment and socializing.
🍴
Wine Bar:
Exclusive wine bar for connoisseurs, perfect for hosting and community building.
Wellness & Recreation
🧘
Yoga and Pool:
Sunrise yoga sessions and an ocean-view infinity pool for serene relaxation.
🏋️♀️
Private Gym:
Residents-only gym for maintaining wellness routines in privacy.
Services & Comfort
☕️
Beverages and Dining:
Access to a bar and grill for casual dining and entertainment.
🔒
Security and Access:
Controlled access lobby and 24/7 security for added safety and peace of mind.
🚪
Convenience Features:
Also includes elevator access for effortless navigation of the property.
20.6414706
-87.0644782
Xkaa Urban Condos
Neighborhood
Located in the heart of Playa del Carmen, Xkaa Urban Condos embodies the essence of effortless luxury, offering discerning investors and buyers a unique blend of urban convenience, natural beauty, and luxurious amenities. This prime location is just a 750-meter walk from the white sand beaches, providing residents with unparalleled access to the best of the city. From stunning rooftop infinity pools to turnkey studio and 1-bedroom units, every aspect of Xkaa Urban Condos is designed to provide a hassle-free investment or vacation home experience.
The Doorstep Experience
The neighborhood surrounding Xkaa Urban Condos is a vibrant tapestry of local flavors and experiences, all within a short walking distance. This curated selection of nearby establishments enhances the daily life of residents, offering a seamless blend of convenience, leisure, and luxury.
☕️ Quadra Café - Specialty Coffee sets the tone for a sophisticated morning, with its specialty coffee and inviting atmosphere, just a 7-minute walk away.
🍞 FRANCESCA the Italian Bakery offers an authentic Italian experience, with freshly baked goods and a cozy ambiance, accessible within an 8-minute walk.
🍴 Off the Vine Playa combines the pleasures of dining and wine, providing residents with a refined spot for evening gatherings, just an 11-minute walk from Xkaa Urban Condos.
🥐 Panificacion Castillo is a local favorite for baked goods, offering a quick and delicious breakfast or snack option, a mere 10-minute walk away.
Neighborhood Highlights
Beyond the immediate doorstep, the neighborhood unfolds with a plethora of attractions and services, all easily accessible by a short drive. This proximity to a variety of experiences enhances the lifestyle of Xkaa Urban Condos residents, catering to their desire for both relaxation and adventure.
🏖️ Encanto Beach is a tranquil oasis, perfect for a day of sunbathing or water activities, just a 5-minute drive from the property.
🌴 Playa coco beach offers a picturesque setting for leisure activities, with its pristine sands and crystal-clear waters, accessible within a 4-minute drive.
💆♀️ MÍA SPA, MASSAGE provides a serene escape for wellness and relaxation, featuring a range of spa treatments, just a 5-minute drive away.
🏋️♀️ Evolve is a state-of-the-art gym, equipped with the latest fitness technology and staffed by professional trainers, a 5-minute drive from Xkaa Urban Condos.
💅 Veronicas Massage Gold and Angie's Maya Wellness Massage Spa offer specialized massage and wellness services, ensuring residents can indulge in the pampering they deserve, with Veronicas Massage Gold a 6-minute drive away and Angie's Maya Wellness Massage Spa an 8-minute drive.