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Lot in Luis Donaldo Colosio

96 Norte, Playa del Carmen, Quintana Roo, México

$305,555

For Sale
  • 2,368 sq ftLot area

About this home

Property Summary • Currency: MXN (Price in USD subject to confirmation and exchange rate) • Type: Lot • Location: Playa del Carmen, Colonia Colosio • Lot Area: 220 m² (2,368 sq ft) • Potential: Ideal for developers—land ready for residential or commercial development • Condition: Standard lot, ready for construction • Key Feature: Strategic location in downtown Playa del Carmen with high development potential and appreciation potential in an established area 220 m² Urban Lot: Development Opportunity in One of Playa del Carmen’s Most Promising Areas This 220 m² lot in Colonia Colosio represents an excellent opportunity for developers and investors seeking to capitalize on the growing demand for residential and commercial space in downtown Playa del Carmen. Located in one of the city’s most established and bustling areas, it offers the potential to create a real estate project with high profitability and a quick return on investment. The prime location of this lot provides immediate access to all urban infrastructure, services, shops, and tourist attractions that make Playa del Carmen one of the most dynamic destinations in the Riviera Maya. Description This lot presents an exceptional opportunity for developers seeking to create residential or commercial projects in one of Playa del Carmen’s fastest-growing and most appreciating areas. Colonia Colosio is a fully established neighborhood with all urban services: water, sewer, electricity, high-speed internet, and paved roads. Its proximity to Fifth Avenue (approximately 1.5 km) ensures consistent demand for both rental and for-sale projects. The area boasts an ideal mix of local residents, expats, and tourists, creating a diversified market for any real estate development. The lot offers flexibility for different types of projects: high-rise condominiums, townhouses, mixed-use (commercial/residential) buildings, or low-rise developments, subject to municipal building and zoning regulations. Why Invest in Colonia Colosio, Playa del Carmen? Investing in Colonia Colosio means positioning yourself at the heart of Playa del Carmen’s urban growth. This neighborhood offers: • A central location with access to the city’s entire infrastructure • High demand for housing from local workers, expats, and tourists • Proximity to jobs, schools, hospitals, and shopping centers • Excellent public transportation connectivity • Proven track record of value appreciation in recent years • Established urban environment with all amenities Lot Features • Total area: 220 m² (2,368 ft²) • Setting: Established urban area with a mix of residential and commercial properties • Status: Land ready for you to begin your construction project • Quick access to Playa del Carmen’s public beaches Strategic Location and Connectivity The lot enjoys a prime location: • Minutes from Fifth Avenue (main tourist area) • Minutes from public beaches by car • 10 minutes from the ADO terminal (intercity buses) • 15 minutes from the Playacar hotel zone • 45 minutes from Cancún International Airport (CUN) • 20 minutes from Federal Highway 307 (connection to Tulum and Cancún) Investment Prospects and Value This lot represents a solid investment opportunity in the Playa del Carmen real estate market, which continues to show sustained growth. The scarcity of well-located land in the city center, combined with the growing demand for housing and commercial spaces, ensures excellent potential for capital appreciation. For developers, it offers the possibility of creating projects with attractive return-on-investment timelines due to the high demand in the area. Flexibility in the type of development (residential, commercial, or mixed-use) allows for adaptation to the specific needs of the current market. The Colonia Colosio neighborhood has consistently proven to be one of the areas with the highest appreciation in Playa del Carmen, making this lot not only an opportunity for immediate development but also an asset with long-term growth potential in one of the most dynamic real estate markets in the Mexican Caribbean. PLA7788969

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.

Nearby Essentials

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

$305,555

Concierge