Luxury Lock-Off Apartment for Sale in Downtown Playa del Carmen
$399,000
- 2Bedrooms
- 2Bathrooms
- 1,055 sq ftLiving area
- 1Parking spaces
About this home
Luxury Lock-Off Condo for Sale in Playa del Carmen | Ocean View | Steps from Fifth Avenue Discover an exceptional investment opportunity in Playa del Carmen with this elegant 118 m² lock-off condo located in Kumaru Residences, an exclusive boutique development of just 19 luxury units, situated in one of the city’s most sought-after and high-appreciation areas. Designed for both vacation rentals and personal use, this property combines luxury, comfort, privacy, and extraordinary income potential. Its lock-off design features two completely separate spaces, each equipped with its own fully equipped kitchen, laundry area, full bathroom, and private entrance, allowing you to rent both units separately or together to maximize occupancy and return on investment. Enjoy a partial view of the Caribbean Sea from inside the apartment and spectacular panoramic views from the rooftop—the ideal place to relax and experience the authentic Riviera Maya lifestyle. Property Features 118 m² of floor space Lock-off design with two independent units 2 separate electricity meters 2 fully equipped kitchens Laundry area in each unit Full bathrooms Partial ocean view Maintenance fee: $7,502.40 MXN ($441 USD) per month Exclusive amenities Rooftop pool Lounge area Bar Terrace with panoramic views Controlled access and security Prime location in Playa del Carmen Located just steps from Fifth Avenue, the tourist heart of Playa del Carmen, Kumaru offers an unbeatable location surrounded by gourmet restaurants, cafes, luxury boutiques, supermarkets, beach clubs, and a vibrant nightlife. Nearby Attractions Fifth Avenue – 2-minute walk Mamitas Beach – 5-minute walk Playa del Carmen – 5 minutes Fundadores Park and Cozumel Ferry Terminal – 8 minutes Playacar Golf Course – 10 minutes Xcaret Park – 15 minutes Xplor Park – 15 minutes Puerto Aventuras – 25 minutes Tulum – 50 minutes Excellent Connectivity One of the biggest draws of this property is its strategic location within the Riviera Maya: Cancún International Airport: approximately 45 minutes (55 km). Playa del Carmen Maya Train Station: approximately 15 minutes, with direct connections to Cancún, Tulum, Bacalar, Mérida, Campeche, and other major destinations in southeastern Mexico.
Buying in Mexico as a foreigner
Yes, foreigners can buy property in Mexico.
Outside the restricted zone they may acquire directly, subject to applicable procedures. For residential purposes within the restricted zone, an authorized bank trust is commonly used.
- Near coasts and borders
- The Mexican Constitution establishes a restricted zone extending 100 km along borders and 50 km along coastlines.
- Residency
- Property investment of ~$220,000 USD (amount varies by exchange rate) can qualify you for Temporary Residency.
- Taxes and closing costs
- They depend on the state, the municipality and the property itself, so there is no single national figure. Ask the agent or our Concierge for an estimate on this home.
- Financing
- Financing for foreign buyers exists, but depends on the lender, residency, income, credit profile, down payment, location and property type.
How buying works
Legal due diligence
Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.
Offer and contract
Define price, currency, deposits, conditions, timelines and default consequences.
Permit or trust
Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.
Notarial closing
The notary formalizes the transaction, calculates or withholds applicable charges and handles registry filing.
This information is general and educational. Legal, tax, immigration and purchase requirements may change and should be verified with a notary, attorney or authorized adviser in the state where the property is located. Research last reviewed July 2026.
Amenities
Indoor & Comfort
- Gym
- Furnished
Outdoor & Recreation
- Terrace
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$399,000
