Centro Internacional de Convenciones de Cancún
Blvd. Kukulkan KM 9 Piso 1 Oficina: 01
Zona Hotelera CP 77500
Cancun, Quintana Roo, México
Midtown 360
Midtown 360
Available :
Phase 1
-
Ready to move in
Earliest Delivery: Ready to move in
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Property details
Prices and Availability
From: US $ 320 000
Centro, Playa del Carmen, Quintana Roo, Mexico
2 units available / 3 total units
Property type: condo
Studio units available
Delivery date :
Ready to move in
Property Description
Menesse Condos, a leading company in real estate developments, offers you a unique development in a key destination in the Riviera Maya: Playa del Carmen, a city recognized for its diversity of culture and cosmopolitan lifestyle Menesse Midtown 360 Grades is the 15th development of Menesse Condos. It is defined by the lifestyle dreamed of the Mexican Caribbean, becoming the development that integrates, from its concept to its creation, the experience and innovation that Menesse Condos offers to their clients. It has everything you need to have the best experiences for enjoying the lifestyle in Riviera Maya.
Playa del Carmen today is now an established tourist destination known worldwide, famous for its amazing beaches, turquoise waters and white sands. The lifestyle, fascinating its inhabitants both foreign and local alike, Playa del Carmen, Mexico is a melting pot of beauty, diversity, culture and charm.
Phases & Delivery
Phase 1 : Ready to move in
Amenities
Features
Furnished & Equipped
Outdoor parking
Amenities
Bar
BBQ Area
Coworking Space
Elevators
Gym
Lounge Area
Pool
Spa
Sundeck
Video Surveillance
HOA Fees :
See Unit
Development
Construction progress
November 2024
Phase 1 - Delivery in November 2024
October 2024
Phase 2 - Delivery in October 2024
September 2024
Phase 3 - Delivery in September 2024
August 2024
Phase 4 - Delivery in August 2024
July 2024
Phase 5 - Delivery in July 2024
June 2024
Phase 6 - Delivery in June 2024
May 2024
Phase 7 - Delivery in May 2024
April 2024
Phase 8 - Delivery in April 2024
March 2024
Phase 9 - Delivery in March 2024
February 2024
Phase 10 - Delivery in February 2024
January 2024
Phase 11 - Delivery in January 2024
November 2023
Phase 12 - Delivery in November 2023
October 2023
Phase 13 - Delivery in October 2023
September 2023
Phase 14 - Delivery in September 2023
August 2023
Phase 15 - Delivery in August 2023
July 2023
Phase 16 - Delivery in July 2023
June 2023
Phase 17 - Delivery in June 2023
May 2023
Phase 18 - Delivery in May 2023
March 2023
Phase 19 - Delivery in March 2023
February 2023
Phase 20 - Delivery in February 2023
January 2023
Phase 21 - Delivery in January 2023
December 2022
Phase 22 - Delivery in December 2022
November 2022
Phase 23 - Delivery in November 2022
October 2022
Phase 24 - Delivery in October 2022
Points of Interest
Airport
Cozumel International Airport (CZM)
19.8 km
Train Station
Mayan Train - Playa del Carmen
7.4 km
Bus Station
ADO Tourist Terminal Playa del Carmen
0.5 km
Hospital
Amerimed Playa del Carmen
0.7 km
Public Beach
Playa Coco Beach
2.3 km
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Frequently Asked Questions
Can a foreigner own real estate in Mexico?
Absolutely! The key distinction in the buying process is the use of a trust or fideicomiso. It is required to acquire property or land in the Restricted Zone. The restrcited zone is 100 km from the border with another country and 50km from the coastline.
What is the restricted zone?
100 km from national borders and 50 km from the coastline.
What is a Fideicomiso?
It is a trust system ownership sanctioned by the Mexican government and secured by the Central Bank of Mexico.
In very simple terms, the foreign buyer is the beneficiary of that trust.
It is 50-year perpetually renewable and transferable bank trust.
The beneficiary of the trust has ALL the rights commonly enjoyed by a Mexican owner (use, sell, lease, etc)
It means irrevocable and absolute ownership rights to the property; the bank CANNOT sell the property without written consent of the beneficiary. The Mexican Bank Trust only holds the property title for the beneficiary but doesn't have any rights over the property.
It is important to mention that a lot of Mexican nationals go for a trust based ownership as it clearly states the beneficiaries in case of death.
In very simple terms, the foreign buyer is the beneficiary of that trust.
It is 50-year perpetually renewable and transferable bank trust.
The beneficiary of the trust has ALL the rights commonly enjoyed by a Mexican owner (use, sell, lease, etc)
It means irrevocable and absolute ownership rights to the property; the bank CANNOT sell the property without written consent of the beneficiary. The Mexican Bank Trust only holds the property title for the beneficiary but doesn't have any rights over the property.
It is important to mention that a lot of Mexican nationals go for a trust based ownership as it clearly states the beneficiaries in case of death.
Why is the use of a trust required?
In the 1917 Mexican Constitution, foreign ownership was forbidden in the Restricted zone because of Mexico's long history of land ownership dominated by foreigners (article 27). In 1973, a series of foreign investment laws were implemented as the Mexican government saw that foreign investment could have a positive impact on the economy. As a result of the relaxation of the laws on foreign investment, the trust system was created in 1993. Overall, it was much easier to create a trust system for foreign ownership than completely changing the Mexican Constitution.
Our mission is to provide superior service to our clients by facilitating the buying process in Mexico, ensuring that their property needs are met and investing in that which brings the greatest rate of return.
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