Thomas Lloyd,  Broker By Thomas Lloyd
2010-05-25

Imagine living in Playa del Carmen's original upscale neighborhood, tree lined roads, gated, quiet, safe, a short walk from the beach, and just around the corner from Sam's Club and a new mall – sounds nice doesn't it? Of course, everyone's first thought is, "Yes, sounds nice, but how much does that cost?"

Consider this option; one Playa del Carmen Condos in the neighborhood, called PlayaCar, is currently being sold at the lowest price available here – only $125,000! This unit is cheap Mexico real estate in one of the best possible locations available.

This condo has been beautifully remodeled and customized, including even nice little details, from a stain glass window to flower handles on the gas and electricity boxes.

The condo has 2 bedrooms including:

  • built-in closets, made of Cypress

  • matching overhead storage units

The 2 bathrooms have:

  • a jacuzzi bath in one and a custom designed shower unit in the other

  • granite counter tops and stone sinks

The kitchen includes:

  • elegant granite counter tops and stone sinks (as does the bathroom)

  • custom made cypress cupboards

  • wine bottle holders in the cupboards

  • a laundry area with sliding wooden doors, leaving the option of closing it off, or opening it up as part of the kitchen

Other features in the unit are:

  • a covered private balcony with plants (adding to the privacy)

  • a mini split air-conditioners in every room for added comfort, and the bedrooms have ceiling fans

  • a washer, dryer, microwave, fridge, dishwasher and it has its own gas tank on the roof.

  • hurricane shutters on all windows, for added security; this is the only condo in the complex with this feature

  • telephone, internet and cable installed

  • a pool shared by the complex

This condo has been very well maintained; there are no repairs or preparations (other than buying furniture), the new buyer only has to move in. The price of $125,000 compares to a unit in the next building being sold for $138,000, which comes furnished, but has not been well maintained.

For buyers interested in investment, other units are being rented out on a long term basis (vacation rental is not common in this part of the neighborhood. The rental income is about $700/month (8000 pesos) for other units.

This property is ideal for a couple or small family. The community itself, Playacar, is safe and quiet, and very well located; it is a short walk to the beach, and about the same distance to Playa del Carmen's Fifth Avenue with it's cafes, restaurants and live music. All shopping necessities are within a 5 minute drive. The neighborhood is also ideal for walking and biking.

All interested buyers will also get a free list of properties available in Playa del Carmen for under $150,000, so they can explore their other options.

The most important point: they're not going to find another property for this price in Playacar!

TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely

Mexico Real Estate NETWORK; "Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely!"

 

Region:  Playa del Carmen real estate.

Thomas Lloyd graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years. A Mexican Certified Realtor he is the current president of TOPmexicorealestate, you can contact him at (512) 879-6546.

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