PH Luna Encantada Apartment, Oceanfront, Playa del Carmen
$775,000
- 2Bedrooms
- 2Bathrooms
- 1,798 sq ftArea
- 1Parking spaces
About this home
Luna Encantada, Penthouse H-3 — boutique building on the beachfront • Downtown, Playa del Carmen — directly on the Caribbean Sea, steps from 5th Avenue • 167 m² (1,800 sq ft) | 2 bedrooms | 2 full bathrooms • Private rooftop terrace with dining area, lounge, and grill • Completely renovated in 2021 | Custom woodwork, marble floors, hurricane-rated windows • Gourmet kitchen with 5-burner gas stove | Water softener | Instant water heater • A/C throughout the unit | Fully furnished and equipped—move-in ready • Infinity pool | Direct beach access | Daily lounge chairs and umbrellas • Covered underground parking | Private storage unit • 24-hour security | 87% average occupancy • Maintenance: $1,100 USD/month (includes special assessments) • Price: $775,000 USD There is a very short list of properties in Playa del Carmen that can truly claim to be oceanfront, boutique-style, fully renovated, and income-generating all at once. The H-3 Penthouse at Luna Encantada belongs on that list. Located directly on the Caribbean Sea in one of the city’s most prestigious small-scale beachfront developments, this two-bedroom penthouse is just steps from 5th Avenue and offers unobstructed views of the Caribbean that define the highest segment of the Riviera Maya real estate market. Spanning 167 m² (1,800 sq ft), the residence was completely renovated in 2021 to the highest standards. The open-concept layout connects the living room, dining area, and gourmet kitchen in a seamless environment framed by direct views of the Caribbean through hurricane-rated windows. Every surface reflects deliberate, high-quality choices: custom solid-wood millwork, marble floors throughout the unit, a 5-burner gas stove, a water softener, and an instant water heater — the infrastructure of a home designed for year-round comfort and high guest turnover alike. Air conditioning covers the entire unit, and the property is delivered fully furnished and equipped, ready to generate income from day one.
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
- Furnished
Outdoor & Recreation
- Terrace
- BBQ Area
Lifestyle
- Beach Access
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$775,000
