Whole building · Playa del Carmen · Colosio · 440 m² of land
Edificio en Calle 74
15 rented studios and a penthouse half a block off Fifth Avenue, at under MXN 30,000 per m².
The proof
Why it is below market
- 01
It was asking MXN 28 million in 2023. The owner now asks 25 million.
- 02
Two 10 by 22 meter lots (440 m²) on Calle 74, between Fifth Avenue and Avenida 10. Fifteen studios and a penthouse with a private pool are operating today, and some studios are still bare shells waiting to be finished.
- 03
Using the smallest built-area count we have (860 m²), it works out to MXN 29,070 per m². Two blocks away at Nikki Ocean, the cheapest two-bedroom per m² is MXN 72,699 on the July 2026 list, for delivery in 2027.
- 04
The owner reports long-term rents of about USD 10,000 a month. That is the owner's figure, and we check it against the leases before any offer.
- This building, at 860 built m² (the smallest count)MXN 29,070MXN 29,070Asking today860 m²
- Nikki Ocean, 65.2 m² 2-bed, second floorMXN 72,699MXN 72,699Developer price list · Jul 202665.23 m²
- Nikki Ocean, 60.2 m² 2-bed, ground floorMXN 73,000MXN 73,000Developer price list · Jul 202660.18 m²
- Nikki Ocean, 54.9 m² 2-bed, second floorMXN 75,494MXN 75,494Developer price list · Jul 202654.91 m²
The dark bar is this property. Hover or tap a bar to see its source.
Comparables
Every price, with its source
Marked as reference: the percentage is calculated against them (median).
Details
- Land
- 440 m², two 10 x 22 m lots
- Operating
- 15 studios and 1 penthouse with private pool
- To finish
- Studios still in bare shell
- Location
- Calle 74 between Fifth Avenue and Avenida 10, Colosio
- Age
- About 10 years
Still to confirm
We check these before recommending an offer. If something does not add up, we tell you.
- A ten-year-old building with unfinished areas is not the same product as a new condo with amenities. The per-m² gap measures room to renovate. Nobody guarantees that profit.
- We ask for the leases, current property tax receipts, updated plans and a lien-free certificate.
Prices and comparables as of October 14, 2026. Reference exchange rate: MXN 18.36 per US dollar. These are list or listing prices, not closing prices.
Below market
More opportunities
25% below market
Playa del Carmen · Zazil-ha · 1-bed · about 54.6 m²
MOMA 42
Half a block off Fifth Avenue, down from MXN 3.65 to 2.7 million.
Was asking
comparison price: MXN 3,650,000Asking todayMXN 2,700,000≈ USD 147,000
18% below market
Playa del Carmen · 2-bed · 86.8 m²
Paravian
Furnished and finished, for less than the developer asks unfurnished.
Same layout, developer list
comparison price: MXN 6,711,600Asking todayUSD 299,000≈ MXN 5.49 M
49% below market
Tulum · Aldea Zama · 124 m²
Xaman
Per square meter, half of what this same building asked eleven years ago.
Was asking
comparison price: USD 245,000Asking todayUSD 160,000≈ MXN 2.94 M