Acanto Condos open model unit

Developers of the Acanto Condominium complex, adjacent to the Acanto Hotel, in the heart of Playa del Carmen have finished construction of a model unit, with completion of the entire project expected in the near future.

The complex has one-, two- and three-bedroom condos located a half-block from the beach and one block from 5th Avenue, the resort town's main tourist strip, with a wide range of restaurants, nightlife and shopping within easy walking distance.

Condo purchase prices start at $265,000 for full ownership and include all the services of a luxury hotel, including Jacuzzi, swimming pool and a rooftop terrace.

The condos are part of the Acanto Hotel complex and owners ca participate in the hotel rental program to start earning a return on the purchase the moment the condo is ready for occupancy. The Acanto Hotel has a historical occupancy rate of more than 90%, making for an incredible potential opportunity for any buyer or investor.

For a limited time, the owners are offering discounted prices on selected units and financing as well as a guaranteed return on investment.

Experts estimate that the long-term investment prospects of Playa del Carmen and Mexico remain very attractive. The country itself has become economically strong and the opportunity for long-term real estate appreciation in most regions continues to be favorable. Over 1 million Americans now live full-time in Mexico, in addition to the large population of ex-pats from Europe, who have chosen the country for its safety and quality of life.

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El Taj Oceanfront Condo to Open in January 2010

A variety of upscale condos have opened recently in Playa del Carmen, giving visitors to the Riviera Maya new accommodations options without the need for a pricey full-service hotel.

Another new property, the El Taj Oceanfront Condo, is scheduled for opening the first week of January, 2010, was designed by Mexican architect Sergio Segura. The condo will feature a smooth Bali-inspired design that seduces imagination by combining soft curves, natural materials and luscious tropical landscaping with soothing water features. Many hotels in Playa del Carmen were built to please guests without considering how they merge into the environment, but this architect’s vision was to create a modern luxury dwelling that blends nature and modern design, tranquility and plentiful amenities.

The condo is only be a block away from a world-class gym, inspired and built by Vito Errico, the original founder of the famous Equinox sports clubs in the US. There will be two upscale restaurants, a scuba shop, New York-style gourmet deli and day spa.

The El Taj Oceanfront will feature marble counter tops in kitchens and bathrooms, private terraces, modern appliances, Jacuzzis, private rooftop showers and artwork imported from Bali.

To add to the magical splendor of this new jewel amongst hotels in Playa del Carmen, there are breathtaking views of the Caribbean Sea, swaying palm trees and a light sea breeze. Only steps away, there is the famous pedestrian 5th Avenue with the convenience of the best restaurants, nightlife and shopping.

The luxury condos are available for vacation rentals and also for sale. Rental rates start at $265 per night per condo. The accommodations vary from one-bedroom apartments to three-bedroom penthouses.


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Acanto Condos Featured in ONI Offshore

Reprinted With Permission From "Caribbean Property and Lifestyles":

Mexican Riviera Luxury Hotel Condos at 90% Occupancy

What happens when a successful boutique five star Hotel running at 90% occupancy since 2004 decides to go 'luxury condo?' Well, it means that each private owner of one of these luxury condos also receives revenues at 90% occupancy. Year in, year out. And 100% occupancy if the new owner wants to spend some time in Mexico as a bonus to himself for his wise financial investment. Frommer's says "In my view, this property is the most romantic in Playa del Carmen. There is intimacy and drama and even a sense of isolation. Seven stylish suites endowed with color and texture encircle a pool and softly lit courtyard." We agree: the property has style, sophistication, a proven history and is perfectly placed in the heart of the Mexican Riviera.

When Matt Craig "the owner" asked us to look at Acanto Hotel Condos our two concerns were the difficulties for expats buying in Mexico, and the dense development, dare I say overdevelopment, along the Mexican Riviera.

The initial question was quickly put to rest when we reviewed the Mexican government's laws pertaining to nonresident ownership of real estate which have relaxed considerably in the last few years.
The second we realized was a positive for anyone looking to capitalize on an existing well-proven product, with all of the infrastructure and easy access that goes along with this type of development. This is a good package for those looking for a return on $312,000 as a starting price on the smallest condo.

If you are traveling to Mexico with a view to investing, we recommend you take a second look at Acanto Hotel in Playa del Carmen. You will find it in the middle of the only real Caribbean Riviera, where the beaches and reefs are endless, the entertainment is international, the gringos are friendly and where one señor's taco can be another hombre's tostada!

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Acanto Releases 3D Drawings of Condo Project

The new Acanto Condominiums are located one block from the beach and Fifth Avenue, walking distance to Playa del Carmen's top restaurants, nightlife and shopping.


The project will feature 20 spacious villas, ranging from one to three bedrooms and starting at $275,000. The property offers roof-top terraces, swimming pool, jetted tubs, underground parking and on-site restaurant. Owners receive full title, hotel-like services, beach club membership and gym membership.


Most condo owners purchase a condo to use part of the time and Acanto allows owners to put their unit into a managed rental program, allowing the investment to earn income. Financing options are available.

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Condo Profile: The Blue Pearl Suites

This collection of eight private villas feels more like an upscale apartment complex than it does a hotel. It's located on First Avenue, just a half-block from the main 12th Street party zone, with popular spots like the Blue Parrot, El Cielo Bar, Kartabar and Squid Roe, but somehow retains its privacy and serenity.

The owners, a charming couple from Mexico City, moved to Playa to live out a stress-free life focusing on conservation, recycling and natural living – and the Blue Pearl Suites is a beautiful physical reflection of this philosophy.

The units range from a fairly simple one-bedroom apartment with king bed and two twins (designed for four guests) to a spacious two-level two-bedroom villa (accommodating up to seven guests), complete with sitting room, patio splash tub and full kitchen.

All condos feature local handcrafts, natural fibers, garden or terrace, flat-screen cable TV, cold air-conditioning, ceiling fans, sofa beds, wireless Internet access, and kitchenettes with stainless steel sinks, recycling bins, and complimentary drinks (water, coffee and organic tea).

All furnishings are made by local artisans and the floors feature in-set river stones, giving the rooms a crisp and organic feel. The terraces are spacious and hammocks are provided, allowing guests to sway with the tropical breezes. Some rooms have ocean views.

Guests can even call ahead to have their kitchens stocked with groceries and other items to their liking. Dish washing services is provided. Guests can come and go as they choose, without the hassle of a reception area to slow them down. For visitors that need assistance, though, someone is always available to help out with anything that may arise, from offering tips on restaurants and tours, to helping set up massages or other activities.

Rates range from $700-$1400/week and vary by season. For more information, visit The Blue Pearl Suites online at thebluepearl.com.mx. Reservations can be made in the Mayan Holiday Reservations Center or via a US-based phone number, at 888-898-9922.

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The Tides Condos Selling Well in Playa del Carmen

PLAYA DEL CARMEN -- Confirming its status as one of the Riviera Maya's most sought-after resort-residency properties, The Tides Playa del Carmen achieved record-breaking sales results over its opening weekend. Pre-construction sales totaled an all-time high of $50 million for this forthcoming project from Kor Hotel Group, which accounts for over 40% of the total 209 residential units. These figures establish The Tides as the most successful real estate project to date for downtown Playa del Carmen.

With striking architecture by the award-winning firm Legorreta+Legorreta and interiors by tastemaker Kelly Wearstler Interior Design, this Yucatecan sister to Kor’s original Tides in Miami's South Beach promises one-of-a-kind chic by the shore. Ground-up construction of the oceanfront property is scheduled to commence spring 2007 and is set for completion winter 2008.

Read more about this story here.

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