Everyone knows the first three rules of real estate – location, location and location. It’s for this reason that Quadra Alea Condos in the heart of downtown Playa del Carmen is such a great investment property. We will start buy looking at why the location is so great, and then take a look at two other outstanding features – the price per square foot and the amenities.
All of this points to great potential for future value as well as rental income.
Location 1 – Downtown
Quadra Alea Condominium is located in the area with the most added value in Mexico – in the heart of downtown Playa del Carmen, only one block from all the shopping, dining and nightlife of Fifth Avenue. This particular part of Fifth Avenue is known as “Little Italy” because of the strong presence of Italian expats and investors and the unique flavor they have given the area.
Anyone who has been to Fifth Avenue knows that there is something distinctly unique about it; the low-rise buildings, sidewalk cafes, Italian gelaterias, fine international dining and relaxed, European atmosphere combine to offer something that is not found in a standard beachfront tourist town.
This same pedestrian street is also the heart of Playa del Carmen’s vibrant nightlife, and the hub for trendy beach clubs.
Yet, Fifth Avenue is also the “heart” of Playa del Carmen in a similar way that Playa del Carmen is the “heart” of the Riviera Maya. Playa del Carmen has been ranked one of the world’s top 10 romantic locations, rivaling places like Paris; it is a romantic place where not only new romances begin, but also where love that has lasted a lifetime finds a new spark!
Location 2 – The Beach
Quadra Alea is only a couple of blocks from the one of the Yucatan Peninsula’s most famous beaches, the trendy Mamitas Beach Club!
Location 3 – Supermarkets and Services
A walk away from Quadra Alea are 3 large, modern supermarkets, local fruit and vegetable markets, excellent bakeries and cafes and many other services. Playa del Carmen is also home to 2 Walmarts, 2 malls, 2 large movie theaters (with movies in English) and an excellent, state-of-the-art hospital.
Location 4 – Latin America’s Most Important Tourism Region
(Are we allowed to have 4 “Location” points?) The Riviera Maya (stretching from Cancun to Tulum) is Latin America’s most successful and important tourism region, pointing to many activities and great potential for rental income. In the area, residents and tourists can enjoy Latin America’s best golf (with 12 courses!), the world’s second largest barrier coral reef for diving and snorkeling, fishing, horseback riding, rock climbing, tennis, simply relaxing in the sun and many other activities.
Best Price per Square Meter
The complex offers luxurious units ranging from 1130 sq. ft. to 2110 sq. ft. (105 m2 to 196 m2) in size. The penthouses include 2 floors and range from 3229 sq. ft. to 4306 sq. ft. (300 m2 to 400 m2), both with spacious interiors and luxury finishes. These very large units in this fabulous location start below $250,000 USD, making them one of the best priced properties per square meter in Playa del Carmen - and, again, in this location!
Quadra Alea is a residential complex focused on offering owners an elegant lifestyle, full of luxury and comfort. Even the smallest detail was taken into account to make life more pleasant.
The complex is a contained, little community in itself with a single entrance into the complex above ground. The security booth is equipped with intercom connected to each condo unit, and there is a surrounding wall. There is also secure access to underground parking, with elevators leading to each of the buildings (8).
Quadra Alea offers spacious green areas and decorative landscapes with picturesque ponds where residents and their families can live in a peaceful and secure atmosphere. In addition, it includes 2 pools with sun terraces, a gym, a security booth manned 24 hours, 2 “palapas” (thatched-roof shades) for various uses and much more.
From the architectural design to the spacious gardens with pathways, pools and lounge areas, Quadra Alea was created to satisfy the most demanding tastes.
Quadra Alea Condos offers 1, 2, 3 bedroom options on one or two floors, which include:
- Spacious terraces and balconies
- Penthouses with pool and sun deck
- Master bedroom with change room and Jacuzzi
- Large change areas with fine wood and stainless steel fixtures
- Fully equipped kitchens
- Hurricane windows
- Laundry room with washer
- Imported ceramic tile floors
Finding another condo in this location with this kind of amenities and at this price per square meter would be virtually impossible.
Playa del Carmen’s real estate market is expected to see another boost within the next year or two, and condos like Quadra Alea will benefit the most from both buyer demand and rental income potential.
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