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Caribique PDC - Studio Condo Type A & C

Caribique, Calle 64 Norte, Luis Donaldo Colosio, Playa del Carmen, Quintana Roo, Mexico

ON SALE NOW

Size:

430 sqft

List Price From :

USD $119,695

Fractional Price :

Not Avaialable

Property Description

CARIBIQUE PLAYA DEL CARMEN - STUDIO CONDO TYPE A & C


PROPERTY DESCRIPTION - Date of delivery June 2024


From an investment point of view:

Playa del Carmen is the fastest growing real estate market on the American continent! It is the second fastest growing city, only second to Dubai. With a real estate investment in Playa del Carmen, one can have the best of both worlds - business and pleasure. Fly on in whenever you like for a dream vacation in the Mexican Caribbean and the remainder of the year, rent your apartment and receive income 8-13% ROI per year. Caribique is created to be a boutique hotel that brings of guests all the comforts of being in an exclusive and intimate place, where they can relax and loose themselves in a natural paradise.


That’s why we offer the service of Property Management, with our specialized administration partner who will take care of all hotel services from A to Z. The Property Manager will receive all incoming guests, market to potential clients, book reservations, and manage the cleaning and maintenance of the units - just like a hotel. Actually you are buying part of a hotel, but with the advantage, you need not worry about any of the logistics. In short, you are an investor who just so happens to be able to stay in your investment. In addition, given the zone’s current real estate market, the property will appreciate an estimated 15% to 20% annually.


What is Caribique:

Caribique is an apartment complex located in Playa del Carmen, one of Mexico’s favorite touristic centers on the Caribbean coast. The building focuses on modern but natural & ecological style “ecochique”.


There are 23 completely equipped studios from 430 ft² to 564 ft² for sale all with the possibility of short-term rentals. Owners can decide how to best enjoy the property. Come for a holiday whenever you like and then rent the apartment as if it where a hotel. The proceeds will be deposited into your account every month.


Plus, we will take care of the logistics and administration of all the services related to renting the unit. As the third sunniest country in the world with almost year round sun, the tourist and thus rental season is never ending.


Caribique is designed to be a boutique hotel with its own reception and 24 hour security, and thus is a smaller, intimate, and luxurious hotel with a Caribbean atmosphere.


PLAYA DEL CARMEN STATISTICS:

  • Population Growth: 110% in the last 10 years,

  • Population Growth: 425% in the last 20 years

  • Annual ROI: From 10% to 30%

  • Annual Economic Income: $7,200 MDD 236% increase in the last 10 years

  • Hotel Occupancy Rate: 82% average during the year

  • Touris Flow Increase: 130% in the last 10 years

  • Expected Appreciation Next 6 years 33.33% then every 2 years


TOURISTS IN THE LAST YEARS:

  • 2017 - 5.85 million tourists

  • 2018 - 6.21 million tourists

  • 2019 - 6.52 million tourists

  • 2020 - 3.37 million tourists (Covid-19)

  • 2021 - 5.65 million tourists


Caribique Amenities:

  • ROOF TOP

  • OBSERVATORY

  • LOUNGE

  • JACUZZI

  • YOGA

  • TWO BIG GRILLS

  • HAMMOCKS ZONE

  • ELEVATOR

  • CAMERA SECURITY

  • RECEPTION

  • CHARGER FOR ELECTRIC

  • ADMINISTRATION OF

  • HIGH-SPEED

  • SECURITY 24 HOURS


Nearby:

  • ENTRANCE TO THE BEACH 900 FT

  • FIFTH AVENUE 160 FT

  • FITNESS 3 FLOORS 1968 FT

  • BLUE FLAG ECOLOGICAL BEACH 2600 FT

  • KITESURFING SCHOOL 1600 FT

  • THREE RESTAURANTS 650 FT

  • LAUNDRY 160 FT

  • SHOP FRUIT & VEGETABLE 330 FT

  • PRIMARY SCHOOL MONTESSORI 330 FT


Property Details

Property Type

Studio Condo

Bedrooms

Bathrooms

1

1

HOA - Maintenance

TBA

Size

430 sqft

Floors

7

Year Built

2024

Full Purchase Price

USD $119,695

Delivery Date

6/30/24

Fractional Price

Not Avaialable

Property Location

Caribique, Calle 64 Norte, Luis Donaldo Colosio, Playa del Carmen, Quintana Roo, Mexico

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