Condo for Sale Downtown Playa del Carmen, Exclusive 68m²

An oversized 1 bedroom condo for sale downtown Playa del Carmen with proven rental history is hard to find, and this residence at Icono Playa delivers exactly that.

Located on Calle 6 Norte between Avenida 25 and 30, in one of downtown Playa del Carmen’s most active corridors, this modern condo sits a few blocks from Fifth Avenue and a short walk to the Caribbean Sea.

This 68 m² (approximately 732 sq ft) residence is significantly larger than most one bedroom units in the area, fully furnished, professionally decorated, and turnkey ready. The price was recently reduced to $4.2 million MXN, down from $4.5 million MXN, reflecting current market conditions in downtown Playa del Carmen.

(Nota: a un tipo de cambio de referencia de 17 MXN por USD, $4.2M MXN equivale aproximadamente a $247,000 USD. Es una conversión de referencia, no un tipo de cambio garantizado, el tipo de cambio se mueve todos los días.)

Why This Condo for Sale Downtown Playa del Carmen Stands Out

Most downtown condos prioritize density over comfort. This unit was designed differently, with generous living space, natural light, and functionality rarely found in Playa’s urban core.

• True oversized layout at 68 m²
• Turnkey delivery, furnished and equipped
• Open concept living and kitchen area
• Private balcony with street views and natural light
• Air conditioning, modern appliances, washer and dryer

Prime Downtown Location, Walk Everywhere

From the front door, downtown Playa del Carmen unfolds around you.

• Fifth Avenue dining, shopping, and nightlife, 4 blocks away
• Beach and ferry terminal, approximately 6 blocks away
• Three major supermarkets nearby
• ADO Bus Station with direct service to Cancún Airport
• Top rated cafés, gyms, and coworking spaces

This walkable positioning is one of the main reasons downtown units outperform peripheral zones in both occupancy and nightly rates.

Resort Style Rooftop Amenities

• Two rooftop swimming pools with panoramic city views
• Jacuzzi, gym, sauna, and rooftop lounge areas
• 24/7 controlled access and front desk security
• Underground parking and elevator

The rooftop becomes a social and relaxation hub for residents and guests alike, the type of experience that drives repeat bookings.

Market Appreciation

According to the SHF House Price Index (Sociedad Hipotecaria Federal), Solidaridad, the municipality that includes Playa del Carmen, posted a 12% annual home price appreciation as of the close of 2024, one of the highest rates in Quintana Roo.

Proven Rental Performance

This condo has an owner documented rental history covering several years, with two viable income paths.

Long term contract: based on the current owner’s rental history, a long term lease in this building generates approximately $28,000 MXN per month. On the current $4.2 million MXN price, that is a documented annual return of approximately 8%.

Short term vacation rental: based on the same ownership history, nightly rates have run a minimum of $100 USD, up to $120 USD depending on season, in a downtown corridor with strong year round vacationer demand.

These are two separate strategies, a long term tenant or short term vacation rental, not a combined income stream. This makes it one of the few well documented, income producing examples of a condo for sale downtown Playa del Carmen available right now.

Frequently Asked Questions

Is the unit ready to use or rent immediately?
Yes. The condo is fully furnished and turnkey ready.

Can foreigners buy this property?
Yes. Foreign buyers can acquire this condo through a bank trust, known as fideicomiso, or through a Mexican corporation.

Can rentals be managed remotely?
Yes. We can connect you with trusted property management partners for hands free hosting.

Are pets allowed?
Yes, Icono Playa is a pet friendly development.

What are the HOA fees?
Approximately $2,000 MXN per month, about $110 USD, covering building maintenance, security, rooftop amenities, and common areas.

Has the price changed recently?
Yes. The price was recently reduced from $4.5 million MXN to $4.2 million MXN.

Frank Ruiz Insight

Condos of this size, quality, and downtown positioning are increasingly difficult to find in Playa del Carmen. Larger layouts consistently outperform compact units because they attract longer stays, higher nightly rates, and more repeat guests.

This property represents a balanced acquisition, lifestyle appeal combined with proven income potential, now offered at a reduced price of $4.2 million MXN.

Don’t Miss This Opportunity

If you are searching for an oversized 1 bedroom condo for sale downtown Playa del Carmen with established rental performance and true walkability, this Icono unit deserves your attention.

Click the WhatsApp icon for immediate assistance, schedule a live video tour, or request floor plans.

Frank Ruiz
Certified Real Estate Advisor
Frank Ruiz, Coldwell Banker Riviera Maya
www.frankruizrealtygroup.com

Explore more Playa del Carmen condos for sale and compare downtown investment opportunities

Learn more about living and investing in Playa del Carmen by exploring the official destination guide.