Caribique

Caribique

Available :

Phase 1

-

Ready to move in

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Property details
Prices and Availability
Price upon request
informations
Price upon request
Centro, Playa del Carmen, Quintana Roo, Mexico
11 units available / 17 total units
Property type: condo
Studio units available

Delivery date :

Ready to move in

HOA Fees :

US $ 2.5 / m²

Property Description

Wake up every day to the parrots singing and the ocean breeze lightly blowing from the sea.
Walk the beautiful beach with crystalline turquoise water, relax in a hammock, have a drink in the jacuzzi, or do some morning yoga.
This could be your new lifestyle.

Caribique is an apartment complex located in Playa del Carmen, one of Mexico’s favorite touristic centers on the Caribbean coast.

The building focuses on modern but natural & ecological style “ecochique”. There are 23 completely equipped studios from 430 ft2 to 564 ft2 for sale all with the possibility of short-term rentals. Owners can decide how to best enjoy the property. Come for a holiday whenever you like and then rent the apartment as if it where a hotel. The proceeds will be deposited into your account every month. Plus, we will take care of the logistics and administration of all the services related to renting the unit. As the third sunniest country in the world with almost year round sun, the tourist and thus rental season is never ending.
Caribique is designed to be a boutique hotel with its own reception and 24 hour security, and thus is a smaller, intimate, and luxurious hotel with a Caribbean atmosphere.

Phases & Delivery

Phase 1 : Ready to move in

Amenities

Features

Elevator
Internet
Security Cameras
Rental Management Service
Closing in pesos
Furniture Packages Available
Bitcoin Accepted
Outdoor parking

Amenities

BBQ Area
Hammock
Jacuzzi
Lounge Area
Observation Deck
Pool
Reception Desk/Lobby
Yoga Lounge
HOA Fees :
See Unit

Payment Plans

Option 1Option 2Option 3Option 4Option 5
At Signing90 %80 %70 %50 %30 %
During Construction-10 %20 %40 %60 %
At Delivery10 %10 %10 %10 %10 %
Discount6 %5 %4 %3 %-

Development

Construction progress

November 2024

Phase 1 - Delivery in November 2024

August 2024

Phase 2 - Delivery in August 2024

July 2024

Phase 3 - Delivery in July 2024

June 2024

Phase 4 - Delivery in June 2024

May 2024

Phase 5 - Delivery in May 2024

March 2024

Phase 6 - Delivery in March 2024

November 2023

Phase 7 - Delivery in November 2023

Finishings

Points of Interest

Airport
Cozumel International Airport (CZM)
19.7 km
Train Station
Mayan Train - Playa del Carmen
7.3 km
Bus Station
ADO Tourist Terminal Playa del Carmen
1.0 km
Hospital
Amerimed Playa del Carmen
0.8 km
Public Beach
Playa Coco Beach
1.8 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.

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.