5 Best condo areas in Playa del Carmen

Top areas to invest

Want to buy a condo/ apartment in Playa del Carmen?, you’ll have to check out Gonzalo Guerrero, Zazil Ha, and Playacar.

Zazil Ha, between CTM avenue and 38th street is one of the most popular areas for tourists and locals alike. There are plenty of restaurants, bars, and shops in the area, as well as a beautiful beach.

Playacar is a gated community that’s perfect for those who want a little more privacy. The prices here are a bit higher than in other areas, but you’ll be getting a lot more space and luxury for your money. If you can afford it, Playacar is definitely worth considering.

Gonzalo Guerrero is the heart of Playa del Carmen with its peer down to the Constituyentes avenue and its famous 12th street full of bars and discos.

Find the best condos to invest in Playa del Carmen here

Good value areas

Little Italy and Colonia Centro are also great neighborhoods for finding affordable condos at few blocks from the beach. These areas are less touristy, but it’s still close to all of the amenities that the city has to offer.

The prices for condos in Ejidal are very reasonable, especially along and arround the Constituyentes avenue .

Colosio is another great option for those looking for an affordable condo and it´s time to invest there as many lots are available for new developpments. You’ll find some great deals on condos Ejidal and Colosio area if you’re willing to look around.

New South west area

For a residential investment, front to Playacar, crossing the federal road and between calle 11 sur and Av 41 sur, several condominium were created with direct access to the malls and local restaurants. New  connectionsare opening in south west area and offers great options for families.

Find options for gated communities here

Playa del Carmen Real Estate Facts

A house or apartment for sale in downtown Playa del Carmen or in the areas surrounding Quinta Avenida represents a once-in-a-lifetime opportunity to invest in a profitable business. The capital gain/price ratio allows for a higher profit margin, especially for pre-sale units. This coincides with the high tourist demand, as well as being an excellent retirement option.

Average rent price: $22,500.00
Average sales price: $5,270,425.90
Price per day rate: $4,600.00
Average unit size: 90.58 downward trending
Vacation ROI: 11% – 15%.
Traditional ROI: 5% – 7%.
Capital gain: 7.47%.

*(Source: HEI Data)