One of the most prestigious developers working on the future of Playa Del Carmen recently launched their first phase of beachfront condos north of downtown Playa.
After more than 2 years of construction, the deluxe beachfront condos are finally ready for investors and families to move in.
The property features resort amenities like pools, tennis courts, paddle, fitness center, spa, concierge services among others. Interior finishes are outstanding with high end materials, wood work, kitchen appliances from BOSH and high tech options that make it a smart living experience using an Ipad or Blackberry app to control lights, curtains, music, etc. Located in one of the best and most exclusive beaches of the caribbean of Mexico just a mile and a half of famous 5th Ave. (Quinta Avenida) and downtown area, in fact 5th Ave. will eventually connect directly with this development with the inevitable growth of Playa Del Carmen.
The residences offer 2, 3 and 4 bedrooms all facing the water with those near the ocean having the best views. The spanish group backed by Spanish bank Bancaja is glad to announce they have finally received the so called “Condo Regime” in Mexico, the condo regime or Articles of incorporation on a condo complex are crutial for owners to take full title. Many developers in mexico who lack proper funding, planing or political networks often fail to obtain the condo regime leaving many owners hanging with their investments. This developer has finally obtained title which also speeds up the process of those who want to finance.
The opportunity of ownership here is like nowhere else in Mexico. Developers are offering up to 65% financing through their own bank with a rate of around 5% depeding on LIBOR (LIBOR + 4%)
Outside of this beachfront complex you have a Master Plan community with up to 600 acres of land as part of your gated community with a championship 18 hole Golf Course. Club house, Shopping Mall, Beach Clubs are among the additional amenities you obtain when you live and own in this piece of paradise.
Their second phase, condos on the golf course has also been a success, currently still 14 months away from completion has become the most succesfull selling project in Riviera Maya for the past year with up to 60% of the project sold thanks to the discounts and flexible terms the developer can offer. On top of all of that, they also offer the same financing terms as the beachfront condos. In simple words, you can get involved with around 100k intial investment which can be spread in up to a year and finance the balance of up to 20 years with their “in-house” financing. Some of the condos we have personally sold have monthly payments of around $1,600 USD which when you compare with a long term rental of a similar condo in the area, you can pretty much put the downpayment and rent the condo long term to have it paid for itself. Another option is to rent it on a weekly basis where projections based on current market conditions show very attractive numbers.
There are also very attractive options with guaranteed rentals on selected units, furniture packages, management and vacation rental programs for you to choose from.
If owning a piece of paradise is your dream then why not take a closer look at this opportunity who is expected to be one of the most exclusive neighborhoods in Playa Del Carmen and Riviera Maya and with reason, just take a look at the photos and judge for yourself.
The word hassle-free ownership is easily used by many developers in the area but only a few really have the ingredients that make it free of hassles. This property truly offers a hassle free opportunity for investors wether Mexicans or foreigners.
If you like to book a private tour or like more information, full slideshow presentations, floor plans and prices please email us at info@selva-co.com or call us at 718 713 2764.
You can view more photos and full description here
