Fantastic news for the beachfront condos, Mareazul, in Playa del Carmen.      

                                                                                                                                                                                                                                                             Once finished, these condos will not be locked into property management contracts but will be open for the owners to choose.  There are really important points on this option for the owners which I will cover in this entry as well as showing some of the progress photos of the project.

The most attractive points are that you don’t have to be STRICTLY tied into a contract with any specific company.  If you purchase a unit, you have the option to use your condo whenever you want, but of course keeping in mind the best rental periods occur during the high season and major holidays. 

Here is a breakdown of what the rental management company at Marazul will offering to their clients:

1) Property management. This costs $200 / month and covers things such as

• Paying bills
• Cleaning the unit once per week
• Maintenance of the condo once every 2 weeks
• Sending you updated accounting statements

2) Vacation rentals. They will offer top of the line services and here are some of the important features:

• No restrictions on use, you can easily check a calendar online and book the days you want to use
• Contract is 3 years, but you can cancel anytime with just 2 weeks notice
• 65% of the rental income goes to the owner
• There is no rental pool, the $ goes directly to the individual
• Internet advertising on at least 14 websites in USA, Canada and Europe

Contact us for the detailed structures and guidelines for this set up. We have estimate proformas for the different # of bedrooms.   

Since we’re talking about Mareazul, here are a few updated photos of the progress. There are lots of workers and they have completed most of the filling of the dirt.

Definitely something to consider in these times, since this is one of main developments in this area that offers in-house financing at incredible rates and right now offer an 8% discount on their current price list.

I have several more photos so send me an email, or better yet, come visit us so we can show you some top options in the area.

Andy Welbourne
www.TOPmexicorealestate.com
(512)879-6546