Corner penthouse turnkey in AWA Playacar II, one of the few available furnished resale opportunities with private rooftop within Playacar's most consolidated residential development. 233.8 m² of interior construction distributed across 3 bedrooms each with private bathroom —exceptionally large for the price range— professionally furnished living-dining area with sealed travertine floors, fully equipped kitchen with reverse osmosis system and an independent laundry room.
The property includes a private rooftop terrace considerably larger than the development average, with heated jacuzzi/soaker pool, outdoor furniture and social area — ideal for entertainment and daily use with total privacy. UV-treated and hurricane-protected glass on terraces; recent maintenance with exterior sealing and new paint.
The internal location within the building provides an exceptionally quiet ambiance, away from the development's higher-traffic areas. Smart home system with smart locks, water softener throughout the unit, and one assigned parking space.
AWA Playacar II offers resort amenities within Playacar's gated community: large central pool, rooftop pool with social area, two fire pits, fully-serviced bar and kitchen, professional gym with spinning and yoga studios, spa with sauna, coworking area with meeting room, nine elevators, 24/7 security, concierge, complimentary golf cart service throughout Playacar, beach club access, padel and pickleball courts, kids playground and daycare. Pet-friendly development.
Clear and predictable operating costs: HOA $8,300 MXN monthly, water average $1,000 MXN monthly, and CFE electricity approximately $6,000 MXN bi-monthly keeping the unit air-conditioned 24/7. Immediate delivery, fully furnished and equipped, ready to inhabit or place in vacation rental program. Under corporate ownership structure (transfer via share sale).
Frequently Asked Questions
What makes this corner penthouse unique in AWA Playacar II?
This penthouse combines four rarely-matched elements in Playacar under $1M USD: corner format with exceptional in-building privacy (away from high-traffic areas), private rooftop terrace considerably larger than the development average with heated jacuzzi/soaker pool, full turnkey condition (professional furnishing, custom decoration, appliances, linens) and controlled operating costs with HOA at $8,300 MXN monthly. The three bedrooms each have their own bathroom and are exceptionally large for the price range. The development is one of the most consolidated in Playacar Phase II and resale rotation is low, supporting historical appreciation.
Why does it matter that it's a corner unit and internally-located?
The corner penthouse offers two structural advantages: natural cross ventilation from two-facade orientation (reduces air-conditioning dependency and CFE electricity cost), plus wider views without adjacent construction blocking them. Internal location within the building means it does not face the development's high-traffic areas (main entrance, noisy common areas), delivering an exceptionally quiet and private ambiance. This combination is highly sought after in Playacar's resale market and reduces expected depreciation versus comparable units in transit zones.
What amenities does AWA Playacar II offer?
The development operates at resort standard: large central pool, additional rooftop pool with social area, two fire pits, fully-serviced bar and kitchen, professional gym with spinning room and yoga studio, spa with sauna, coworking area with meeting room, large and well-maintained gardens, nine elevators, 24/7 security, concierge, complimentary golf cart service throughout Playacar, beach club access, padel and pickleball courts, kids playground and daycare. The development is pet-friendly. These amenities elevate vacation rental rates and the quality of life for permanent residents.
How much does it cost to operate the penthouse annually?
Operating costs are transparent and predictable. HOA (development maintenance fee): $8,300 MXN monthly covering amenities, 24/7 security, concierge, common areas, gardens and elevators ($99,600 MXN annually ≈ $5,000-5,500 USD). Water average: $1,000 MXN monthly ($12,000 MXN annually). CFE electricity: approximately $6,000 MXN bi-monthly keeping air conditioning 24/7 ($36,000 MXN annually ≈ $1,800-2,000 USD). Estimated total annual operating: $147,600 MXN ≈ $7,400-8,200 USD. Does NOT include property tax (~$1,500-2,500 USD annually) or administration if placed in vacation rental program.
Does fideicomiso apply for foreign buyers?
Yes. Playa del Carmen is within Mexico's restricted zone (50 km from coast), so foreign buyers acquire via bank trust (fideicomiso), a standard legal vehicle regulated by Mexico's Foreign Investment Law. Approximate cost: $2,500-4,000 USD initial setup plus ~$600 USD annual maintenance. Term: 50 years, renewable indefinitely. Grants full ownership rights (use, sale, inheritance, rental, modification). However, this unit is currently under corporate ownership structure, opening an alternative route: transfer via share sale of the owning company —typically a faster and more tax-efficient process. Your Nautilus advisor coordinates with a bilingual notary on the optimal structure based on your situation.
How much can the penthouse generate in vacation rental?
A corner 3-bedroom penthouse with private rooftop jacuzzi in Playacar typically generates annual gross income of $55,000-85,000 USD under professional management, depending on rates, seasonal occupancy and platform (Airbnb, VRBO, local agency). Gross yield over purchase price ($749K USD) ranges 7-11% gross, equivalent to 5-7% net after management commission (typically 20-30%), utilities included in the operating cost, maintenance, taxes and capital reserve. The combination of professional furnishing, private jacuzzi and Playacar gated community location maintains premium rates and above-average occupancy versus Playa del Carmen overall.
What does corporate ownership structure mean and how does it affect the purchase?
The unit is currently owned by a Mexican company (typically SAPI or S.A. de C.V.) whose sole asset is the penthouse. This opens two acquisition routes: (1) Traditional purchase with bank trust (fideicomiso) where the property is deeded to the new owner; (2) Share purchase of the owning company, maintaining corporate ownership —faster process (3-6 weeks vs 8-12 weeks), no initial fideicomiso needed and tax-efficient for certain buyer profiles. Corporate structure is common in Playacar for investment units and allows optimized sale rotation. Nautilus coordinates with tax accountant and bilingual notary to evaluate the best option based on your nationality, fiscal residence and holding horizon.
Is the penthouse move-in ready or does it require additional investment?
Immediate delivery, fully turnkey. The unit comes with professional furniture, custom decoration, appliances, linens, kitchenware, smart home system with smart locks, water softener, reverse osmosis in kitchen, and recent maintenance with exterior sealing and new paint. No additional investment is required for personal use or vacation rental program placement. This represents typical savings of $80,000-120,000 USD that a buyer would otherwise spend on an unfurnished comparable-size property to reach Playacar market standard.
