Riviera Maya Real Estate Market 2024: The Numbers Behind the Boom
Singular Joy
$455,000 USD
*Prices may vary with exchange rates. Contact us for the latest price.
Playa Del Carmen
Centro
Singular Joy: Luxurious 3-Bedroom Condo in Playa Del Carmen Real Estate
Singular Joy Downtown Residences, operational since 2019, is an epitome of luxury and modern living in Playa Del Carmen. Situated between the bustling 5th Avenue, 14th Street, and the ocean, this development is perfect for those seeking a dynamic and fun lifestyle.
The available 3-bedroom condo, priced at $455,000 USD, spans approximately 1,212 square feet and includes three full bathrooms, a spacious living and dining area, and a fully equipped kitchen with stunning ocean views.
This top-floor unit boasts elegant marble floors and fine wood finishes, providing a sophisticated living experience. g.
Located in the heart of Playa Del Carmen, Singular Joy offers easy access to the city's best clubs, restaurants, bars, and shopping centers. The development is designed for young travelers and investors looking for both fun and a high return on investment. With an average nightly rate of $260 USD and a 9% projected ROI, Singular Joy is a lucrative investment opportunity. The condo hotel has maintained a 90% occupancy rate since opening
Top Amenities at Singular Joy 3-Bedroom Condo in Playa Del Carmen
Rooftop Infinity Pool: Enjoy panoramic ocean views from the rooftop pool.
Sky Bar and Lounge: Perfect for socializing and enjoying the vibrant nightlife.
Concierge Services: Available to meet all resident needs.
Fully Equipped Gym: State-of-the-art fitness facilities.
Spa Services: On-site spa offering a range of treatments.
Underground Parking: Secure and convenient parking facilities.
Restaurant and Room Service: Fine dining and room service available for residents
Additional Information
Developer: Singular Joy is developed by SIMCA, a reputable company with a history of delivering high-quality residential projects across Mexico.
SIMCA is known for its reliable and successful developments, ensuring a secure investment opportunity.
Investment Opportunity: The first clients who invested in pre-sales in 2017 acquired their units for an average of $150,000 USD.
Today, the units are priced around $200,000 USD. The average selling price of other condominiums in the area is about $150 USD per square meter, making Singular Joy a significantly valuable investment.
FAQ
Frequently Asked Questions: Your Journey to Finding a Home in Mexico
​
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.
​
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.
​
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.
​
4. What are the usual steps for renting or purchasing a home in Mexico?
The journey typically unfolds as follows:
-
Initial Conversation: Begin with our complimentary call to get acquainted and address your initial questions.
-
Property Viewing: Arrange a visit to the property, either in person or virtually.
-
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.
-
Legal and Financial Processes: We'll connect you with trusted professionals to handle contracts, deposits, escrow, and any legal requirements.
-
Moving In: Finalize the arrangements and step into your new abode.
​
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.
​
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.
​
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.
​
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.
​
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.
​
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.