Development Potential
- AM-262368
Request the exposé now
What you should know about this plot of land
- 604.52 m²
Special features of this plot of land
Welcome to an incredible real estate opportunity in Playa del Carmen, one of the most sought-after destinations for tourists and investors alike. Located right in Downtown Playa del Carmen on 10th Avenue with 4th Street, next to The Fives Downtown Hotel, this prime development land is perfectly situated for a wide range of possibilities.With a size of 604 square meters, this lot offers immense potential for developing condominium complexes or hotels. The location is unparalleled, right in the heart of Downtown Playa del Carmen, making it a premium location for any commercial development.The land has a tourist commercial mixed land use in the urban development plan, allowing for development of up to 7 levels as per the current regulations. Moreover, the third level onwards offers breathtaking sea views, adding to the appeal and value of this property.Investing in Playa del Carmen is a smart choice, as it is one of the fastest-growing cities in the world, with a high occupancy rate of 78.7% in its facilities. The area is renowned for its high-rental-yielding beach towns/cities, making it a lucrative opportunity for investors looking to capitalize on the booming tourism market.This property also benefits from existing construction, providing a solid foundation for further development. Whether you're looking to build a luxury condominium complex or a boutique hotel, this land offers the perfect canvas for your vision.Don't miss out on this fantastic opportunity to invest in Playa del Carmen's thriving real estate market. Contact us today to learn more about this prime commercial land and unlock its full potential for your next development project.
- Engel & Völkers Playa Del Carmen
- Licence partner of Licence partner of Engel & Völkers Americas Inc
- Ines Gehrcken
- 10 Avenida Norte y calle 14 Local 1 Zona Centro
- 77710 Playa del Carmen
- Phone:
- www.engelvoelkers.com/en/
