Riviera Maya Real Estate Market 2024: The Numbers Behind the Boom
Spirit Condos 1904
From $200,000 USD
*Prices may vary with exchange rates. Contact us for the latest price.
Playa Del Carmen
Colosio
Delivery March 2025
Invest in Spirit Condos 1904: Premier Playa Del Carmen Real Estate
Discover Spirit Condos 1904, an exceptional real estate development in Playa Del Carmen that combines modern luxury with ancestral Caribbean and jungle interior design. Perfectly positioned for North American investors, Spirit Condos 1904 offers a unique blend of comfort and cultural richness.
Spirit Condos 1904: Luxurious Playa Del Carmen Condos for Sale
Spirit Condos 1904 is an exclusive residential project located in the rapidly growing and highly valuable area of Luis Donaldo Colosio in Playa Del Carmen. Developed by VanaTan, a company with extensive experience in the tourism and vacation rental sector, Spirit Condos 1904 is designed to provide a luxurious and comfortable living experience.
The development features 26 units distributed over 8 levels, including studios, 1-bedroom, and 2-bedroom lock-off condos. Each unit is delivered fully furnished and equipped, offering a turnkey solution for investors. The design incorporates a modern ethno concept, blending eco-chic elements with modern European touches.
VanaTan, the developer, brings together a team with over 20 years of experience in the tourism and real estate sectors, having worked with world-renowned hotel chains like Intercontinental, Hilton, and Marriott. Their combined expertise ensures that Spirit Condos 1904 meets the highest standards of quality and luxury.
Various financing options available, including 30%-50%-20%, 50%-50%, and 90%-10% payment plans.
Top Amenities at Spirit Condos 1904 in Playa Del Carmen
Rooftop Infinity Pool / Bar & Grill: Enjoy breathtaking views and a relaxing swim in the rooftop infinity pool.
Wellness Center: A fully equipped gym and wellness area to maintain a healthy lifestyle.
Underground Parking: Secure parking facilities for all residents.
Lobby and Coffee Shop: A welcoming lobby with a coffee shop for convenience and socializing.
Investment Projections
Investing in Spirit Condos 1904 offers not only luxurious living but also promising financial returns:
High Occupancy Rates: Playa Del Carmen boasts an average occupancy rate of 88% for studio apartments over the past 24 months.
Nightly Rental Income: The average nightly rental rate for professionally managed studio apartments in Playa Del Carmen is $2,031 MXN (approximately $106 USD).
Annual Rental Return: Based on historical data, rental returns range from 8% to 13% annually, making Spirit Condos 1904 a lucrative investment.
Property Value Appreciation: With expected property value appreciation between 35% to 55%, Spirit Condos 1904 offers significant long-term investment potential.
Surface Area and Layouts:
The development includes a variety of units ranging from 308 sq ft to 973 sq ft.
The available typologies include studios, 1-bedroom units, and 2-bedroom lock-off units, catering to diverse preferences.
Developer Background:
VanaTan: Established in 2022, VanaTan is composed of a team of investors with over 20 years of combined experience in tourism and real estate. They have a strong presence in Asia and the Middle East and are known for their high-quality designs and management practices.
González Arquitectos: The construction company responsible for Spirit Condos 1904, with a portfolio that includes notable projects like Shark Tower Puerto Cancun and Allure Puerto.
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.