Condo for Sale in Playa del Carmen Downtown — Unit 303 Papaya Plus

If you are looking for a condo for sale in Playa del Carmen downtown, Unit 303 at Papaya Plus delivers exactly what serious buyers want: a fully furnished, move-in ready 2-bedroom, 2-bathroom condominium with underground parking, private storage, rooftop pool, and a walk-everywhere location in the heart of Playa del Carmen — available now at $315,000 USD. No preconstruction wait. No renovation needed. No furniture shopping. Just close and enjoy.

Why This Condo for Sale in Playa del Carmen Downtown Stands Out

Picture this. It is a Tuesday morning. You step out of your condo, ride the elevator down, walk through the small tropical garden at street level — water trickling gently over the stone floor, palm trees filtering the morning light — and in less than five minutes you are sitting at a café on Fifth Avenue with a cortado in your hand. No traffic. No parking stress. No rental car needed.

This is not a preconstruction dream. This is a ready-to-own, fully furnished condo in one of the best-positioned boutique buildings in the heart of Playa del Carmen — and it is available right now.

The Property — Unit 303, Papaya Plus

Unit 303 at Papaya Plus is a 2-bedroom, 2-bathroom condominium located on the third floor of a boutique building in downtown Playa del Carmen. The unit includes a private laundry area and is delivered fully furnished and fully equipped — ready to occupy or ready to rent from the very first day.

The unit is registered under folio 98025 at the Public Registry of Property and Commerce of Quintana Roo, Playa del Carmen delegation. Title is clean, no liens, and property taxes are current through 2026.

The Building — A Boutique Experience in the Middle of Everything

Papaya Plus is not a standard urban condo building. From the moment you arrive, the ground floor sets a different tone: a small tropical garden with a flowing water feature — designed to feel like a private retreat rather than a city entryway. Lush tropical plants, mature trees, and the gentle sound of running water give the building a sense of calm that most buildings in this price range simply do not offer.

Building Amenities

• Elevator — a significant advantage in this neighborhood, where the majority of buildings do not have one
• Underground parking with controlled access — your vehicle is secure and out of the sun
• Private storage unit assigned exclusively to Unit 303
• On-site maintenance staff available every day for any building needs
• Rooftop terrace with swimming pool, jacuzzi, and lounge chairs featuring views of the downtown area and partial views of Parque 28 de Julio

That rooftop deserves its own mention. Parque 28 de Julio — visible from the terrace — is Playa del Carmen’s most active central park. It is home to the municipal building and serves as the city’s main stage for food festivals, live concerts, cultural events, and weekend markets throughout the year. From the rooftop pool of Papaya Plus, you can enjoy the energy of the city below while keeping the privacy of your own space above.

Location — Everything Within Walking Distance

In Riviera Maya real estate, location determines everything: current value, rental yield, resale potential, and daily quality of life. Unit 303 at Papaya Plus sits at 20th Avenue North at 6th Street Bis — one of the most walkable addresses in all of Playa del Carmen.

No car required. For international buyers, that means no vehicle expense, no parking headaches, and no insurance costs. For vacation rental guests, it means a property that answers the number one question on every booking platform: how close is it to the beach and Fifth Avenue? The answer here is always the same — very close.

For the Investor — Vacation Rental Potential

If your goal is generating income, this property is built for it. A fully furnished condo for sale in Playa del Carmen downtown, with elevator access, underground parking, rooftop pool, and a walk-to-everything location — this is precisely the property profile that performs consistently on Airbnb and VRBO in this market.

Guests searching for short-term rentals in Playa del Carmen filter by walkability, proximity to Fifth Avenue, and building amenities. Unit 303 satisfies all three. The unit is delivered fully furnished and equipped, which means zero additional investment before your first guest checks in.

Whether you choose to use this as a vacation home, a full-time residence, or an income-generating rental property — or a combination of all three — this condo gives you that flexibility from day one.

Legal Status — Clean Title, Ready to Close

This property is fully deeded and registered at the Public Registry of Property and Commerce of Quintana Roo under folio registral 98025, Playa del Carmen delegation. There are no liens, no encumbrances, and no legal complications. Property taxes are paid and current through 2026.

For buyers from the United States or Canada purchasing real estate in Mexico, a bank trust (fideicomiso) is the standard legal vehicle used to hold title in the restricted zone. This is a well-established, legally protected structure — and one I have guided hundreds of international buyers through over 25 years of practice in this market. You can learn more about how foreign nationals purchase property in Mexico at the official resources for Playa del Carmen or contact me directly for a clear explanation of every step.

The Price — $315,000 USD

$315,000 USD. For a fully furnished, move-in ready condo with underground parking, private storage unit, elevator access, rooftop pool and jacuzzi, and a downtown Playa del Carmen location steps from Fifth Avenue and the beach — this price reflects genuine value in the current market.

Properties combining this level of amenities, legal clarity, and walkability in this specific corridor do not stay available for long. If this listing matches what you have been looking for, the right move is to reach out now.

Your Broker — Frank Ruiz, Coldwell Banker Riviera Maya

My name is Frank Ruiz. I am the Director and Master Broker at Coldwell Banker Riviera Maya, and I have been working in Mexican Caribbean real estate for over 25 years — helping buyers from the United States, Canada, and Europe purchase properties across Cancún, Playa del Carmen, Tulum, Holbox, Cozumel, and Puerto Morelos.

I specialize in investment real estate and second residences for international buyers. That means I understand the full picture: the legal process, bank trust requirements for foreign nationals, closing costs, tax implications, and rental management options. I do not just show properties — I guide buyers through every step of the transaction from first inquiry to keys in hand.

Unit 303 at Papaya Plus is exactly the type of asset I recommend to buyers who want something available immediately, in a proven downtown location, with real rental income potential and a clean legal structure. If you would like to schedule a video tour, ask about the purchase process as a foreign national, or simply get more details — I am available and responsive.

Looking for other options in the area? Explore more properties for sale in Playa del Carmen and the Riviera Maya — I represent inventory across the full Mexican Caribbean coast.