Overview
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Property Description
Viceroy Residences Playa del Carmen: 6-Story Branded Luxury Residences on Quinta Avenida
Viceroy Residences Playa del Carmen is a six-story branded residential development located on Quinta Avenida between Calle 34 and Calle 38, developed by Related Group, Grupo Hotelero Santa Fe, and SIMCA. The project offers residences from 1 bedroom to 4-bedroom penthouses, with private beach club access, three rooftop infinity pools, spa, and full Viceroy hospitality services. Delivery estimated 2029.
There are addresses in Playa del Carmen that simply make sense as investments. The corridor between Calle 34 and Calle 38 on Quinta Avenida Norte is one of them. It is one of the most walkable, most visited, and most photographed stretches of the Mexican Caribbean, and it is exactly where Viceroy Residences has planted its flag on 10 hectares of prime real estate facing the sea.
I have been selling property in this corridor for over 25 years. I watched this stretch of Quinta Avenida transform from a quiet pedestrian street into one of the most sought-after real estate corridors in Latin America. What Viceroy Residences is offering here is not just a residence. It is access to a globally recognized hospitality brand, a private beach club, and a lifestyle that most buyers have to travel to experience. Now they can own it.
The development is backed by three of the most credible names in Mexican real estate and hospitality: Related Group, one of the most prolific luxury developers in the Americas; Grupo Hotelero Santa Fe, with decades of hospitality operations across Mexico; and SIMCA, a proven developer with a strong track record in the Riviera Maya. This is not a speculative project by an unknown developer. This is a structured, capitalized, brand-backed development by operators who have delivered before.
Residences are designed around natural light, indoor-outdoor living, and the kind of quiet luxury that does not announce itself. Italian kitchen cabinetry, imported European porcelain flooring, 2.8-meter ceilings, spa-inspired bathrooms with natural stone countertops, and floor-to-ceiling sliding glass doors connecting every living space to a private terrace. The architecture is by Seijo, the interiors by Elias Elias, using organic textures and a natural palette that brings the Yucatan Peninsula indoors.
For buyers considering this as an investment: the pre-sale window is open now, which means you are locking in 2025 pricing on a product that delivers in 2029. The Playa del Carmen market has appreciated approximately 12% annually in recent years. Branded residences in comparable markets have historically appreciated 20-30% above non-branded product in the same corridor. The Viceroy brand also gives owners access to a professional rental program, white-glove residential services, and GHA Discovery benefits across 850 properties in 100 countries. This is the kind of asset that makes sense whether you plan to live in it, rent it, or hold it.
Residence Features
Every residence at Viceroy Residences Playa del Carmen is delivered with premium Italian cabinetry, integrated stainless steel appliances, 2.8-meter ceilings in living areas, walk-in closets in primary bedrooms, spa-inspired bathrooms with natural stone countertops, imported European porcelain flooring, and private terraces accessible through floor-to-ceiling sliding glass doors.
Building Amenities
Three rooftop infinity pools with Caribbean views, rooftop bar, meditation terrace and yoga area, full-service spa with sauna, steam room, hot and cold plunge pools and massage suites, state-of-the-art fitness center, business center, kids club, teenage room, multimedia room, and dedicated residential hospitality team.
Beach Club
Exclusive private beach club with dedicated beach area, private cabanas, beachfront restaurant and bar. Located steps from the development on one of Playa del Carmen’s most pristine stretches of Caribbean coastline, preserved through an environmental buffer zone that protects the natural green areas between the tower and the shore.
Viceroy Residential Services
Cultural concierge with local network for personalized experiences, while-you-are-away home management including pet care, plant care and maintenance, personal management services including grocery delivery, pharmacy, dry cleaning and botanical care, and preferential rates with guaranteed room upgrades at any Viceroy hotel worldwide. The Riviera Maya is one of the fastest-growing luxury real estate destinations in the world, consistently ranked among the top coastal markets in Latin America.
GHA Discovery Alliance
As a Viceroy Residences owner, you receive access to GHA Discovery benefits across 45 hotel brands and 850 properties in 100 countries, including room upgrades, early check-in, late check-out and exclusive member rates.
Location
Viceroy Residences Playa del Carmen sits between Calle 34 and Calle 38 on Quinta Avenida Norte, one of Playa del Carmen’s most established and internationally recognized addresses. Calle 38 is widely considered one of the most beautiful cross streets on the entire Quinta Avenida corridor, known for its mature trees, boutique dining, and direct beach access. The project is within walking distance of Playa del Carmen’s best restaurants, beach clubs, and cultural destinations, while remaining far enough north of the main tourist zone to maintain a residential, intimate character.
Cancun International Airport is approximately 55 minutes away, with direct flights from major US, Canadian, and European cities. The Tulum International Airport is approximately 90 minutes south. The Playa del Carmen Mayan Train station provides direct rail access to Cancun, Tulum, and Merida. Property ownership in Mexico by foreign nationals is protected through a fideicomiso, a bank trust mechanism established under Mexican law that grants full ownership rights to international buyers.
Why Viceroy Residences Playa del Carmen Makes Sense as an Investment
Playa del Carmen property prices have risen approximately 160% over the past 10 years in nominal terms, driven by consistent international demand, limited beachside supply, and growing infrastructure. The branded residence segment commands a premium above the general luxury market because of the operational backing, international marketing reach, and rental program that branded hotels provide.
Pre-construction pricing at Viceroy Residences Playa del Carmen locks in today’s value on a 2029 delivery, meaning buyers benefit from four years of market appreciation before taking possession. Current pre-sale inventory is limited and will not be available at these price points once additional phases are released.
Viceroy owners also benefit from a professional short-term rental program managed by the Viceroy hospitality team, which eliminates the friction of self-managing a vacation rental in a foreign market. Explore more luxury properties for sale in Playa del Carmen across all price points and property types.
About Frank Ruiz
This listing is presented by Frank Ruiz, Director and Master Broker at Coldwell Banker Riviera Maya, with over 25 years of experience in investment real estate across the Mexican Caribbean. Frank has specialized in Playa del Carmen, Tulum, Holbox, Cozumel, Puerto Morelos, and Mahahual since 1995, and has represented buyers and developers in some of the most significant transactions in the Riviera Maya market.
For direct consultation on Viceroy Residences Playa del Carmen, available inventory, payment structures, and investment analysis, contact Frank Ruiz directly.
📞 +52 (984) 801-0177
✉️ contact@frankruizrealtygroup.com
Frequently Asked Questions
What is Viceroy Residences Playa del Carmen?
Viceroy Residences Playa del Carmen is a six-story branded residential development on Quinta Avenida between Calle 34 and Calle 38, developed by Related Group, Grupo Hotelero Santa Fe, and SIMCA. It offers residences from 1 bedroom to 4-bedroom penthouses with private beach club access, three rooftop infinity pools, full spa, and Viceroy hospitality services. Delivery is estimated for 2029.
How much do Viceroy Residences Playa del Carmen cost?
Current pre-sale inventory at Viceroy Residences Playa del Carmen starts at $8,500,000 MXN for a one-bedroom residence. Two-bedroom residences start at approximately $11,057,514 MXN. Penthouse residences start at $29,740,083 MXN and reach $58,088,564 MXN for the largest penthouse units. Prices are in Mexican pesos and are subject to change as inventory is released. Contact Frank Ruiz at Coldwell Banker Riviera Maya for current availability and pricing.
Who are the developers of Viceroy Residences Playa del Carmen?
Viceroy Residences Playa del Carmen is developed by three firms: Related Group, one of the largest luxury real estate developers in the Americas; Grupo Hotelero Santa Fe, a Mexican hospitality operator with decades of experience; and SIMCA, a proven residential developer with a strong track record in the Riviera Maya.
Where exactly is Viceroy Residences Playa del Carmen located?
The development is located on Quinta Avenida Norte between Calle 34 and Calle 38 in Playa del Carmen, Quintana Roo, Mexico. The site covers 10 hectares and includes a private beach club on the Caribbean Sea, with the residential tower positioned slightly inland to preserve natural green areas between the building and the shoreline, as required by Mexican environmental regulations.
What amenities does Viceroy Residences Playa del Carmen include?
Amenities include three rooftop infinity pools, a rooftop bar and meditation terrace, a full-service spa with sauna, steam room and plunge pools, a state-of-the-art fitness center, private beach club with cabanas and beachfront restaurant, business center, kids club, concierge services, and a dedicated Viceroy residential hospitality team.
Can foreigners buy at Viceroy Residences Playa del Carmen?
Yes. Foreign nationals can legally purchase property in Mexico through a fideicomiso, which is a bank trust that grants full ownership rights to the buyer. The process is well established, safe, and routinely used by US, Canadian, and European buyers throughout the Riviera Maya. Frank Ruiz and Coldwell Banker Riviera Maya guide international buyers through every step of the purchase process.
What is the delivery date for Viceroy Residences Playa del Carmen?
Delivery of Viceroy Residences Playa del Carmen is currently estimated for 2029. The project is currently in pre-sale, which means buyers purchasing now are locking in pre-construction pricing with the benefit of four years of projected market appreciation before taking possession.

