Polo 54
From $195,000 USD
*Prices may vary with exchange rates. Contact us for the latest price.
Playa Del Carmen
Colosio
Polo 54: Prime Playa Del Carmen Real Estate Opportunity
Located in the vibrant Colosio neighborhood, Polo 54 offers a unique investment opportunity in Playa Del Carmen real estate. This exclusive development features modern design and is ideally situated near the iconic 5th Avenue and stunning Coco Beach.
Experience Luxury Living at Polo 54 in Playa Del Carmen
Polo 54 stands as a testament to sophisticated living in Playa Del Carmen. This five-level building, developed by Playa Palapa Ventures, features 11 exclusive apartments designed to maximize space and natural light.
Each unit boasts modern finishes, including oversized tiles, chukum plaster walls, marble, stone, and granite details, and SPA-inspired bathrooms. The open-concept layouts include fully equipped kitchens with siltstone countertops and high-quality appliances.
Located on 54th Street between 10th and 5th Avenues, Polo 54 provides easy access to the best that Playa Del Carmen has to offer. Residents can enjoy the bustling atmosphere of the famous 5th Avenue, known for its shopping, dining, and entertainment options, or relax at the nearby Coco Beach. The rooftop garden, complete with an infinity pool and stunning Caribbean views, offers the perfect place to unwind.
Exclusive Amenities at Polo 54 in Playa Del Carmen
Polo 54 offers a range of premium amenities designed for comfort and convenience:
Rooftop Garden: Featuring an infinity pool, sunbathing zone, grill area, and breathtaking views of the Caribbean and Cozumel.
Modern Kitchens: Fully equipped with electric stoves, ovens, and beautifully designed hoods.
Spacious Terraces: Large outdoor spaces to enjoy the tropical climate.
Elevator Access: Easy access to all floors.
Parking Facilities: Available for cars, bikes, and scooters.
Air Conditioning: Mini-split systems and fans in every room for optimal comfort.
Developer Reputation:
Playa Palapa Ventures is known for successful projects like Polo 88 and Polo 15 Studios
Typologies and Pricing
Two-Bedroom Units: Spacious 1,048 sq. ft. apartments with two bathrooms, priced from $195,000 to $260,000 USD
Three-Bedroom Penthouse: Luxurious 1,400 sq. ft. unit with three bathrooms and a private terrace, priced at $549,000 USD
Initial Investment and Property Appreciation
Initial Investment: $235,000 USD Investment in Year 1 is projected to increase to $279,889 USD by Year 3.
Property Appreciation: The cumulative property appreciation over three years is expected to be 19%, with yearly increases of 6% in the first year, 5% in the second, and 12% in the third.
Rental Income Projections
Total Annual Rental Income: The average occupancy rate is 55%, with annual revenues projected to increase from $31,761 in Year 1 to $35,748 in Year 3.
FAQ
Frequently Asked Questions: Your Journey to Finding a Home in Mexico
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1. I'm interested in this listing. What should I do next?
We invite you to reach out for a friendly, no-obligation chat via phone call, email, or WhatsApp. It's complimentary and serves as a simple way for us to answer your questions, share insights about the property, and help you understand the steps ahead, whether you're considering renting or purchasing.
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2. What happens during the complimentary call?
Think of it as a neighborly chat. We'll discuss the basics of purchasing/renting property in Mexico, delve into details about the listing, and listen to your thoughts and wishes. It's all about helping you feel informed and at ease.
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3. Is there any obligation or commitment required from me?
Not at all. Our conversation is just that—a conversation. It's an opportunity for you to gather information and for us to understand how we might assist you, with no strings attached.
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4. What are the usual steps for renting or purchasing a home in Mexico?
The journey typically unfolds as follows:
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Initial Conversation: Begin with our complimentary call to get acquainted and address your initial questions.
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Property Viewing: Arrange a visit to the property, either in person or virtually.
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Offer and Agreement: If the home feels right, we'll guide you through making an offer and outlining terms, whether for a rental lease or a purchase contract.
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Legal and Financial Processes: We'll connect you with trusted professionals to handle contracts, deposits, escrow, and any legal requirements.
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Moving In: Finalize the arrangements and step into your new abode.
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5. Can you help me understand the market and the process better?
Absolutely. We're more than happy to share our knowledge about the local market, the buying process, and what life is like in the community. Consider us your personal guides.
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6. Do I need to be in Mexico to start this process?
No, you don't. Many of our clients begin their journey from afar. We can accommodate your needs through virtual tours and electronic communications.
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7. Are there financing options available for purchasing property in Mexico?
Yes, there are various financing options, both locally and internationally. We'll help you explore these avenues to find a solution that fits your circumstances.
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8. How does renting or owning property in Mexico work for foreigners?
Foreigners can rent or own property in Mexico. For ownership, this often involves a trust called a "fideicomiso" or a Mexican corporation, depending on the location. We'll help you navigate these details with ease. Renting is typically straightforward, and we'll guide you through any necessary paperwork.
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9. I'm not ready to make a decision yet. Is that okay?
Of course! We're here to support you, whether you're ready to move tomorrow or just starting to explore. Feel free to reach out whenever you're comfortable.
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When you're ready to take the next step, even if it's just a curious first footfall, we're here to walk beside you. Leave us your email or schedule a call—we look forward to the journey ahead.
