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Hoyo 4 2-Bedroom Condo

icon/property type/condo
Condo in Playa Del Carmen with Outdoor Space
  1. Mexico
  2. Quintana Roo
  3. Playa Del Carmen

Remarks from the listing agent:

Hoyo 4 is a beautiful small development located in Playacar Phase 2, just a few minutes walk from 5th avenue & the beach. Hoyo 4 consists of 4 towers with only 3 units each for a total of 12 units in the complex. This large condo has ample space to relax in the living room, dining room or sunroom. It fells more like a house than a condo.

The condo is 2 stories with both the principal and guest bedroom on the second floor. Both bedrooms are large and include a walk-through closet and in suite bathroom. On the ground floor lies a large living and dining area, a guest bathroom, kitchen and a studio with a small bathroom which can be turned into another bedroom as well.

This condo is next to unit 302 which is also in sale. Joined by an outdoor wooden deck, can be bought together for $575,000 USD.

Other features for the condo is a private covered backyard terrace/deck.

Highlights include:

Swimming Pool
Assigned Parking (included in Title)
Guest Parking
Built next to Federally Protected Land so no possibility of new neighbors/construction.

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Features

Balcony/PatioYes
Hot TubYes
ParkingAvailable
PoolYes

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More Info

$/Sq.Ft.$119

Broker Details

BrokerageRiviera Maya Real Estate Group
$288,000USD

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Hoyo 4 2-Bedroom Condo
Beds 2
Baths 4
Sq.Ft. 2,422
Potential rental income:$1300/month
Our estimated rental income is based on other 2 bedroom homes in the same area who report earning $1300 per month, and being full 68% of the time. Actual rental income is based on a number of factors and is not guaranteed. Contact us if you’d like help getting a more precise estimate for this property.
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Are you able to make this purchase with cash?

Financing in Mexico, for foreigners especially, is expensive and atypical

Are you able to make a 35% down payment?

For foreign purchasers lenders require a minimum property value of $250K, so this is $87,500 upfront plus closing costs

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$288,000USD
Hoyo 4 2-Bedroom Condo
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