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Studio Apartment on 5th Avenue, Playa del Carmen, P2307

5 Avenida Norte Bis, Playa del Carmen, Quintana Roo, México

$182,508≈ MX$3,400,000

For Sale
  • 1Bedrooms
  • 1Bathrooms
  • 667 sq ftLiving area

About this home

Located on one of the best streets on Fifth Avenue, this brand-new, very spacious 64 m² studio apartment is on the ground floor of a condominium with an elevator, offering ocean views, a sun deck, security, and more. An excellent opportunity for vacation rentals! 4th floor Monthly maintenance fee: 1,600 MXN OPDC/LT P2307 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.

Read the full Mexico guideAsk our Concierge about this home

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

Outdoor & Recreation

  • Terrace

Building Services

  • Elevator

Nearby Essentials

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

$182,508

Concierge