The City - 2-Bedroom Condo for Sale - Lock-off - High-Yield Investment in Playa del Carmen
$301,500
- 2Bedrooms
- 2Bathrooms
- 838 sq ftLiving area
About this home
Property Summary – 2-Bedroom Condo in The City, Playa del Carmen • For Sale in USD: Price in MXN may vary depending on the exchange rate. • Property Type: 2-bedroom condo • Location: Playa del Carmen, Quintana Roo, Mexico. • Layout: 2 bedrooms / 2 bathrooms. • Total Area: 93.14 m² (77.82 m² interior + 15.52 m² terrace). • Key Features: Modern floor plan, high-quality finishes with porcelain tile floors, fully equipped kitchen, air conditioning in bedrooms and living room, and a spacious private terrace. Ready to customize and move in. Lock-off design. • Exclusivity: Access to the luxury amenities and services of The City building. • Versatility: Perfect as a primary residence, second home, or a solid vacation rental investment, thanks to its layout and unbeatable location. • Amenities and Community: Includes underground parking and access to a rooftop pool with a sun deck, 24/7 security, an elevator, and common areas with premium finishes. • Property Tax: $6,504 MXN • Maintenance: Approximately $4,500 MXN per month Apartment for Sale – Modernity, Comfort, and High Potential in the Heart of Playa del Carmen A remarkable opportunity is available in the vibrant heart of Playa del Carmen: a spacious 2-bedroom apartment in the exclusive The City building. With a total area of 93.14 m², this property offers a smart layout that combines 77.82 m² of interior living space with a generous private terrace of 15.52 m², ideal for enjoying the Riviera Maya climate. It is the perfect choice for those seeking a contemporary home, a personal retreat, or a high-yield investment property in one of the most dynamic markets in the Mexican Caribbean. Property Description This apartment, located in a building with top-quality finishes, offers a blank canvas with excellent potential for customization. The interiors, featuring porcelain tile floors and ample natural light, flow harmoniously: • Main Living Area: Open-concept living and dining areas in a modern open-plan layout.• Kitchen: A separate space ready for a custom design, with the option of granite or Silestone® finishes. • Bedrooms: Two spacious bedrooms, each equipped for individual air conditioning (mini-split), offering privacy and comfort. • Bathrooms: Two full bathrooms ready for finishing with designer fixtures and finishes. • Terrace: A valuable additional outdoor space of 15.52 m², perfect for creating a private relaxation or recreation area. Life at The City – Comfort and Security 24/7Living at The City is synonymous with a comfortable, safe lifestyle featuring top-tier amenities: • Security and Service: 24/7 security, an intercom system connected to the concierge/reception desk, and private underground parking. • Luxury Amenities: Exclusive access to the rooftop pool with a sun deck, offering panoramic views. • Total Convenience: Building equipped with an elevator, staircases, and common areas featuring porcelain tile finishes. Prime Location – Everything Within Reach: Location is one of this property’s greatest assets. The City is situated in an unbeatably connected and well-served area of Playa del Carmen, with all essential services just a few steps away: • Supermarkets and Shops: Across from Comercial Mexicana and Walmart Super Center, and near Super Aki and the local DAC market.• Banks and Services: With HSBC, Banamex, and Santander in the immediate vicinity. • Transportation: Just a few meters from the ADO Bus Terminal, making it easy to travel throughout the peninsula. • Entertainment and Lodging: Close to the Quinta Alegría shopping center and the Reina Roja Boutique Hotel. Solid Investment Prospects This 2-bedroom apartment in The City represents a versatile investment opportunity with great potential: 1. Primary Residence or Second Home: Its size, layout, and amenities make it ideal for comfortable living in Playa del Carmen. 2. High-Yield Vacation Rental Investment: The combination of its unbeatable location (convenient and central), the in-demand layout (2 bedrooms for families or groups), and the prestige of the building with its amenities, positions it perfectly to attract tourists and generate attractive rental income, with one of the highest occupancy rates in the region. Downtown-5th Avenue - The City - "Airbnb" PAP7692180
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
- Gym
- Furnished
Outdoor & Recreation
- Balcony
Security
- 24/7 Security
Building Services
- Elevator
- Coworking
Nearby Essentials
Explore hospitals, schools, coworking spaces, and travel times in the neighborhood.
$301,500
