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Luxury Condo Steps from 5th Avenue – Live or Invest in Playa del Carmen

Calle 12 Norte Bis LB, Playa del Carmen, Quintana Roo, México

$394,241≈ MX$7,298,000

For Sale
  • 2Bedrooms
  • 2Bathrooms
  • 973 sq ftArea
  • 1Parking spaces

About this home

Live or invest in a resort-style development in the heart of Playa del Carmen. This 2-bedroom condo is located on the exclusive Calle 38, one block from the famous Quinta Avenida. * 90.38 m² of luxury, ideal for living or renting * 4 swimming pools, gym, spa, sky bars, kids’ club * Business center and sports bar * Underground parking, security, and total privacy - Price: $398,916 USD - Simple transaction process for U.S. buyers / Contact us and we’ll guide you step by step through your purchase in Mexico" MICHELLE ROMERO Real Estate Professional +52-984-236-16-28 mromero@highlinemexico.com MR-IPNA2 .

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

Indoor & Comfort

  • Gym
  • WiFi
  • Spa

Outdoor & Recreation

  • BBQ Area
  • Game Room

Security

  • 24/7 Security

Building Services

  • Coworking

Lifestyle

  • Pet Friendly

Nearby Essentials

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

$394,241

Concierge