Apartment - Playa del Carmen
$170,000
- 1Bedrooms
- 1Bathrooms
- 506 sq ftLot area
About this home
Location: Coco Beach 1, Playa del Carmen, one block from the ocean and a few meters from 5th Avenue. Price: 170,000 USD Property Type: Studio Features: - 3 levels - Balcony facing the ocean - Amenities: gym, spa, swimming pool, barbecue area, rooftop - Free parking - 24-hour security with cameras Benefits: - Ocean view - Excellent location near the beach and 5th Avenue - High appreciation potential - Delivered fully furnished - Maintenance fee: 3,000 pesos - Free property management Experience exceptional real estate service and a total commitment to advising you. Discover our exclusive portfolio of unique properties and developments for sale, rent, and presale in Cancún and the Riviera Maya. Let us make your dream home a reality! Englund Estates LLC
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.
Nearby Essentials
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$170,000
