This 4 bedroom Playa del Carmen condo is an excellent investment property, both because of its ideal location in an up-and-coming new neighborhood near the beachfront and near the main downtown tourist areas, and because of the size and design of the condo.

Playa del Carmen is a growing community – one of the fastest in Latin America – and has also seen healthy tourism recovery after the 2008/2009 recession. While a number of areas have great investment potential, the neighborhood in which this condo is located stands out as one of the best both in terms of rental income, and of potential for strong appreciation.

The location holds plenty of appeal for vacationers, only a 5 minute walk from possibly the city's most enjoyable beaches – Coco Beach. The beach hear is wide, and curving slightly inwards, allows for a wide view of the beachfront stretching out along the north half of the city. At Coco Beach there is currently a jet ski rental, oriental massages, a bar and restaurant, a dive shop (which can take you out to the 2nd largest coral reef only 100 meters, or 330 feet, from the shore,) and deep-sea fishing services.

The neighborhood is also very close to the city's main tourist area on Fifth Avenue. Within a reasonable walking distance along this street, the pedestrian only area begins, with many options in dining, shopping and nightlife, including just about everything from live reggae to Italian cafes or Thai cuisine and silver shops.

For rental to tourists, this is an ideal location, providing both beachfront enjoyment and shopping and nightlife activities within shopping distance.

What's probably more important, however, both in terms of future vacation rentals and especially value appreciation is the fact that the new development and expansion of the Fifth Avenue tourist district is moving towards this neighborhood. Fifth Avenue, in fact, runs past the Coco Beach neighborhood, only a few blocks away. At the moment, this section of Fifth Avenue has little of interest (a few rotisserie chicken shops and convenience stores,) but northward toward Coco Beach is the only way left for the tourist area to expand along the beach; at the south end of the city, the gated community of Playacar has been established for some time.

A few blocks south along Fifth, upscale little plazas with trendy cafes, clothing shops and restaurants are already being built. Right next to the Coco Beach neighborhood there is already a nice new pizza shop. Many young couples are already moving into the neighborhood, enthusiastic about the beach and downtown activities nearby, and looking forward to the hip atmosphere that is just beginning to develop.

Now is an ideal time to buy in the community. While prices are not low, current trends in Playa del Carmen real estate indicate they will only go upwards from here, while the touristic part of Fifth Avenue continues to expand, and Coco Beach continues to gets trendier.

In addition to the ideal location, the condo unit itself is ideal for vacation rentals. With 4 bedrooms and 3 bathrooms, it easily accommodates small groups of vacationers providing a less expensive, but no less attractive, alternative to a hotel; for the owners, the rent is a significant income bringing excellent return on investment. Located an elegantly designed building of only 6 units, the unit includes marble floors, cable and internet service, air conditioning and ceiling fans and hardwood cupboards, providing a comfortable atmosphere for residents. There is an elevator for convenience.

The condo is being sold "turnkey," complete with a fully equipped kitchen and fully furnished (to match the building's elegant design), ready for use and rental. This feature reduces the the buyer's time investment to prepare the property for rental.

Of course, Playa del Carmen itself is also an ideal community for property investment. Located on the Caribbean coast of the Yucatan Peninsula in Mexico, it is only 45 minutes away from the Cancun International Airport, one of the busiest in Mexico. As mentioned above, Playa del Carmen has recovered well from the dip in world tourism during the recession, and continues to grow as one of Latin America's fastest growing communities. After a temporary slow down during the recession, with price reductions quickly disappearing, appreciation has continued on a steady upward pace, reaching up to 44% in some areas!

Other than the activities of Fifth Avenue and the beach, Playa del Carmen also includes larges stores such as Walmart, a couple of new malls with English movie theaters, several world-class golf courses (1 hosting Latin America's first PGA event, and 7 others, with more on the way,) marinas, eco-parks, which are interactive theme parks with a focus on nature and culture, and modern, international-class hospitals.

This condo shows high investment potential, with numerous factors working in its favor. Consider making an investment in this Playa del Carmen condo.

TOPMexicoRealEstate.com; Mexico's Leading Network of Specialists for Finding and Purchasing Mexican Properties Safely