Playa del Carmen
Spirit Condos 1904, Calle 50 Norte MZ 266 LT 18, Luis Donaldo Colosio, Playa del, Playa del Carmen
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Description
Spirit Condos 1904 offers a fresh take on urban living and smart investment in the Riviera Maya. This boutique development blends contemporary design, functionality, and a fully managed vacation rental model — ideal for buyers seeking Playa del Carmen real estate with immediate returns and a Caribbean lifestyle. The name Spirit 1904 honors the year Quintana Roo’s history began, weaving tradition, design, and technology into a single residential concept.
Set in Playa del Carmen’s new Zona Esmeralda, Spirit Condos 1904 sits 10 minutes’ walk from the beach and 4 minutes from 5th Avenue, surrounded by restaurants, cafés, supermarkets, hospitals, and beach clubs. Direct access to the Cancún–Tulum Federal Highway puts Xcaret at 15 minutes, Puerto Aventuras at 25, and Tulum at 60. The neighborhood is in sustained growth and ranks among the most attractive zones for real estate investment in Playa del Carmen.
25 apartments across 7 floors are styled in modern ethno architecture — an eco-chic meets European contemporary aesthetic. Key amenities include: • Rooftop infinity pool • Panoramic sundeck with loungers • Rooftop bar terrace with grills • Fully equipped gym • Ground-floor café • Reception and lobby • Underground parking and elevator
Every space was designed for comfort, design cohesion, and efficiency, using natural materials, warm lighting, and premium finishes. The boutique scale ensures privacy and a refined lifestyle.
Spirit Condos 1904 offers 6 floor plan types — studios, one-bedroom units, and two-bedroom lock-off configurations — ranging from 37 to 90 m². All are delivered furnished, equipped, and ready to occupy or rent under the turnkey model. Interiors feature exclusive furniture by Vanatan, crafted in Mexico, Indonesia, and Europe. Each unit includes an integrated kitchen, breakfast bar, closets, private terrace, and full bathrooms. The setup lets owners launch vacation rentals from day one.
Investing in Spirit Condos 1904 means joining the sustained growth of Playa del Carmen’s real estate market. Projected capital appreciation stands at 35–45% over 5 years, with an estimated annual ROI of 9–11%. This is backed by a strategic location, a turnkey concept, and professional vacation rental management by Vanatan — a company with deep expertise in hotel operations. Rising tourist demand across the Riviera Maya keeps occupancy high and income steady.
Spirit Condos 1904 embodies a new Caribbean urban lifestyle: modern, profitable, and purposeful. It pairs European elegance with Playa del Carmen’s bohemian spirit — for buyers who want to invest with intent and live in a place where the sea, culture, and sophistication converge. Every detail was designed to inspire wellbeing and build real value, whether you’re here to live or to invest.
Features
- Bedrooms1
- Area38 m2
- ReferencePDC-S-0126
Amenities
- Beach club
- Coworking
- Elevator
- Furnished
- Gym
- Lock-off
- Parking
- Pool
- Rooftop
- Terrace
The market in Playa del Carmen
- Homes for sale on this site470
- Median asking price$232,400 USD
- Typical range$118,100 USD – $805,600 USD
- Median per m2$3,270 USD
| Bedrooms | Listings | Median asking price |
|---|---|---|
| Studio | 87 | $231,000 USD |
| 1 | 154 | $171,800 USD |
| 2 | 120 | $251,500 USD |
| 3 | 69 | $449,200 USD |
| 4+ | 40 | $875,000 USD |
Typical range covers the middle 80% of listings. Figures come from the listings live on this site today and change as it grows.
How this compares
16% below the median for similar listings
- Median, 1-bedroom in Playa del Carmen$171,800 USD
- This listing, per m2$3,820 USD
- Median per m2$3,700 USD
Based on 154 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.
Renting vs. owning here
This price equals about 14 years of renting a similar home
- Typical long-term rent in Playa del Carmen, per month$873 USD
- Gross yield if rented long-term7.2%
Based on 62 listings currently on this site. Asking prices and asking rents. Owning also carries closing costs, HOA fees, property tax, the bank trust for foreign buyers, maintenance and insurance, which are not included.
Long-term rental vs. Airbnb
As a short-term rental: about 8.4% gross yield a year
- Assumes $88 USD a night at 38% occupancy
- Short-term gross, per month$1,017 USD
- Short-term gross, per year$12,199 USD
An estimate from typical rates for this city and size, not a figure for this property. Gross income before platform fees, cleaning, utilities, management, taxes and empty nights. Check that the building allows short-term rentals.
Listing history
- On this site sinceNov 13, 2026
- Last verified against the originalNov 13, 2026
- Price reduced on Nov 13, 2026$145,155 > $144,508 USD (0%)
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