Condos for Sale in Playa del Carmen
Move-in ready and upcoming condos in the heart of the Riviera Maya — walking distance to Fifth Avenue and the Caribbean.
Condos available in Playa del Carmen right now
La Selva
From $2,244,000 MXNReady-to-move-in 2 and 3-bedroom condos in the heart of the Riviera Maya, with exceptional amenities and signature contemporary design.
Favorite
From $9,999,999 MXNLuxury condos steps from the Caribbean Sea and Playa del Carmen's famous Fifth Avenue. Full details coming soon.
Why buyers choose Playa del Carmen over the bigger resort cities
Playa del Carmen is the most walkable town on the Riviera Maya. Fifth Avenue — the pedestrian spine that runs parallel to the beach — concentrates the restaurants, shops and nightlife, and the ferry to Cozumel leaves from the middle of town. You can live here without a car, which is not true of most of Quintana Roo.
That walkability is exactly what drives the rental market. Playa attracts a heavily European and remote-working crowd that stays for weeks rather than nights, so demand is less tied to the classic high season than in a pure resort destination. Proximity to Fifth Avenue and to the beach is what moves the price per square metre here, far more than the size of the unit.
Our current inventory in Playa del Carmen is deliberately small. We only list developments from builders that have already delivered in Quintana Roo, which in this town means a move-in ready project starting at $2,244,000 MXN and a luxury building near Fifth Avenue launching soon. If you want a wider selection today, Cancún is where the depth is — and we will say so rather than push you into the wrong city.
How foreigners buy property in Mexico
Buying in Playa del Carmen as a non-resident is a well-established process — but it works differently than it does in the US or Canada. This is the short version of what to expect.
- Step 1
Choose the property
We show you live availability, floor plans and payment schedules directly from the developer — no listing is shown if it is already sold.
- Step 2
Offer and deposit
You sign a purchase agreement with the developer and place a deposit that takes the unit off the market while the paperwork moves forward.
- Step 3
Set up your bank trust
Playa del Carmen sits inside the coastal "restricted zone", so foreign buyers typically hold title through a fideicomiso — a renewable 50-year bank trust — or through a Mexican corporation. It is a standard route that has been in place for decades.
- Step 4
Closing before a notary
In Mexico the closing is executed by a Notario Público, a state-appointed attorney who verifies title and registers the deed. Budget for closing costs on top of the purchase price, and review the final structure with your own legal and tax advisors.
This is general information, not legal or tax advice. Every purchase is different — always review the structure, costs and timing with your own attorney and a licensed Mexican notary before signing.
Questions from foreign buyers
Can a foreigner buy a condo in Playa del Carmen?
Yes. There is no restriction on foreigners owning property in Mexico. Because Playa del Carmen sits on the coast — inside the so-called restricted zone — foreign buyers usually hold title through a bank trust called a fideicomiso, or through a Mexican corporation. Both are standard, long-established routes.
How much does a condo in Playa del Carmen cost?
In our current portfolio, condos in Playa del Carmen start at $2,244,000 MXN for a move-in ready unit, and we have a luxury project near Fifth Avenue launching soon. Price depends mostly on how close you are to the beach and to Fifth Avenue, on the size of the unit, and on whether the building is finished or still in pre-construction. The USD equivalent moves with the exchange rate, so ask an advisor for the figure on the day you are comparing.
Is Playa del Carmen a better investment than Cancún?
They attract different buyers. Cancún is a bigger city with an international airport, a large local economy and year-round demand, so it works for both living and renting. Playa del Carmen is smaller and more walkable, with a stronger European and digital-nomad presence and a rental market concentrated around Fifth Avenue and the beach. If you want walkability and a vacation-rental profile, Playa often fits better; if you want scale and a wider choice of inventory, Cancún does. We work in both and will tell you honestly which suits your goal.
Can I rent out my condo when I am not using it?
Yes, and short-term rental is common in Playa del Carmen — it is one of the main reasons people buy here. Keep in mind that rental income earned in Mexico is taxable there, so you will need to register with the tax authority (SAT) and, in most cases, work with a local accountant. Some buildings also set their own rules on short-term rentals, so confirm the condo regime before you buy.
How far is Playa del Carmen from Cancún airport?
Playa del Carmen is roughly an hour south of Cancún International Airport along the federal highway, and there is a well-established shuttle and private transfer market on that route. The ferry terminal to Cozumel sits in the middle of town, a short walk from Fifth Avenue.
What are the closing costs when buying in Mexico?
On top of the purchase price you should budget for the acquisition tax, notary fees, registry fees and — if you use one — the setup of the fideicomiso. These are usually quoted together as a percentage of the purchase price and vary by property value and municipality. Ask for a written closing-cost estimate before you sign, and confirm it with your own attorney.
Is it safer to buy pre-construction or a finished unit?
They solve different problems. Pre-construction gets you a lower entry price and the pick of the inventory, but you wait for delivery. A finished unit costs more and you can see exactly what you are buying — which is what our current Playa del Carmen inventory offers. We work with both, and only with developers that have delivered projects in Quintana Roo before.
Do I need to travel to Playa del Carmen to buy?
Not necessarily. We run private tours by video call, and a purchase can be completed through a power of attorney granted to a representative in Mexico. That said, most buyers do visit before closing, and we can organise the trip around the properties on your shortlist.