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Studio for sale on CTM Avenue, one block from 5th Avenue in Playa del Carmen P4014

Avenida CTM, Playa del Carmen, Quintana Roo, México

$154,017≈ MX$2,867,500

+ $145 / month HOA
For Sale
  • 3Bedrooms
  • 1Bathrooms
  • 527 sq ftArea

About this home

GREAT INVESTMENT OPPORTUNITY in an unbeatable location! Price reduced from $3,100,000 MXN to just $2,867,500 MXN Overview * Type: Spacious, modern studio apartment. * Premium Location: In the heart of Playa del Carmen, just one block from Fifth Avenue and approximately 400 meters from the beach. * Accessibility: Ideal location for getting around entirely on foot. Just steps away from the Mario Villanueva Sports Complex, supermarkets, shops, and key services. Studio Features * Space: Modern, spacious design with excellent natural light. * Exterior: Private balcony with beautiful, unobstructed views of the surroundings. Amenities * Elevator * Rooftop with a pool * Lounge chair area * Solarium * Covered social area. Investment Potential and Return on Investment * Vacation Rental Model: A perfect option for the vacation rental market due to its proximity to the beach and Quinta Avenida. * Average Return: Generates approximately $1,350 MXN per night or $18,000 MXN per month (plus electricity charges billed separately). Financial Data * Financial Status: Property is ready and eligible for mortgage financing. * Bargain Price: $2,867,500 MXN. KC P4014 Century 21 Caribbean Paradise

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

  1. Legal due diligence

    Verify ownership, deed, liens, land use, property tax, water accounts, condominium regime and applicable permits.

  2. Offer and contract

    Define price, currency, deposits, conditions, timelines and default consequences.

  3. Permit or trust

    Determine whether direct acquisition, a Foreign Affairs permit or a restricted-zone trust applies.

  4. 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

  • Furnished
  • WiFi

Outdoor & Recreation

  • Balcony

Nearby Essentials

Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.

$154,017

Concierge