Centro Internacional de Convenciones de Cancún
Blvd. Kukulkan KM 9 Piso 1 Oficina: 01
Zona Hotelera CP 77500
Cancun, Quintana Roo, México
Singular Joy Residence Hotel
Luxury Collection
Singular Joy Residence Hotel
In Playa del Carmen
Luxury Collection
Singular Joy Residence Hotel
In Playa del Carmen
Property details
Prices and Availability
From: US $ 472 000
Playa del Carmen, Quintana Roo, Mexico
1 unit available / 2 total units
Property type: condo
3 bed unit available
Delivery date :
Ready to move in
HOA Fees :
US $ 2.5 / m²
Property Description
It’s very simple: Your residence and hotel business, ALL IN ONE. This business model allows our investors to acquire a property where they can stay while on vacation or rent out as a hotel room while they’re not using it. This is a NON-RISK, GUARANTEED investment with an important RETURN ON INVESTMENT (ROI). Our hotels are specifically designed with modern services and amenities that rival those of any luxury hotel.
What makes Singular Residence Hotels unique?
PRICE: This business model is specifically designed to maximize our clients’ ROI while ensuring their satisfaction (and their guests’) at the best market price.
CONCEPT: A unique concept with a privileged location and an unbeatable price.
BENEFIT: Thanks to our concept, design, business model and location, we can offer the best benefits compared to other nearby condos.
LOCATION ABOVE EVERYTHING ELSE: Mexico is the sixth-most-visited tourist destination in the world and Playa del Carmen one of its main attractions. Surrounded by endless beauty in a city where accommodation is always at its highest demand and where every tourist wants to be: near bars, shops, restaurants, nightclubs, Fifth Avenue and the beach. The high season is almost a year long: nine months to be exact.
FLEXIBILITY: You can use your property whenever you want. Singular Residence Hotels will operate at 100% capacity, allowing you to be part of a successful industry that offers average occupancy rates of more than 90% per year.
ZERO RISK GUARANTEE: We can guarantee a loss-free investment in your annual operating return, thanks to our property management system. Singular Residence Hotels will offer first class services such as bar, restaurant, room service, bellboy, concierge and laundry. You’ll have a hotel suite with an additional kitchen, living room and beautiful balcony.
SINGULAR is a “turnkey” project: in other words, you only have to worry about packing your luggage since we’ll give you your apartment fully furnished and equipped. We offer units with a lock-off option, where you can split your apartment in two so you can use or rent each part separately. Your investment will be taken care of by our highly qualified staff, whose experience in hotel
management covers more than 30 years in this popular destination. Do you need more reasons?
What makes Singular Residence Hotels unique?
PRICE: This business model is specifically designed to maximize our clients’ ROI while ensuring their satisfaction (and their guests’) at the best market price.
CONCEPT: A unique concept with a privileged location and an unbeatable price.
BENEFIT: Thanks to our concept, design, business model and location, we can offer the best benefits compared to other nearby condos.
LOCATION ABOVE EVERYTHING ELSE: Mexico is the sixth-most-visited tourist destination in the world and Playa del Carmen one of its main attractions. Surrounded by endless beauty in a city where accommodation is always at its highest demand and where every tourist wants to be: near bars, shops, restaurants, nightclubs, Fifth Avenue and the beach. The high season is almost a year long: nine months to be exact.
FLEXIBILITY: You can use your property whenever you want. Singular Residence Hotels will operate at 100% capacity, allowing you to be part of a successful industry that offers average occupancy rates of more than 90% per year.
ZERO RISK GUARANTEE: We can guarantee a loss-free investment in your annual operating return, thanks to our property management system. Singular Residence Hotels will offer first class services such as bar, restaurant, room service, bellboy, concierge and laundry. You’ll have a hotel suite with an additional kitchen, living room and beautiful balcony.
SINGULAR is a “turnkey” project: in other words, you only have to worry about packing your luggage since we’ll give you your apartment fully furnished and equipped. We offer units with a lock-off option, where you can split your apartment in two so you can use or rent each part separately. Your investment will be taken care of by our highly qualified staff, whose experience in hotel
management covers more than 30 years in this popular destination. Do you need more reasons?
Phases & Delivery
Phase 1 : Ready to move in
Amenities
Features
Mural Air Conditioning
Luxury
Amenities
Bar
Concierge
Hotel Services
Pool
Reception Desk/Lobby
Restaurant
Spa
Sundeck
HOA Fees :
US $ 2.5 / m²
Development
Points of Interest
Airport
Cozumel International Airport (CZM)
19.4 km
Train Station
Mayan Train - Playa del Carmen
7.7 km
Bus Station
ADO Tourist Terminal Playa del Carmen
1.2 km
Hospital
Amerimed Playa del Carmen
1.2 km
Public Beach
Playa Coco Beach
1.6 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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