Mareazul Playa Del Carmen Mexico Real Estate Condos - Bienes Raices en Mexico

Mareazul Condos in Playa del Carmen Mexico will rise as a luxurious ocean front residential paradise inside the Master Plan community of Grand Coral Rivera Maya, 10 minutes north of downtown Playa and 30 minutes south of the Cancun International Airport.

Grand Coral Riviera Maya will one of the most exclusive high end condo residential real estate complexes in Playa del Carmen Mexico. Mareazul will feature a private condo community with and 18 hole gold course, common grounds, sports facilities, a business district with shops, restaurants and hotels.

Grand Coral is approximately 561 acres with 19 acres of green areas, and 30 acres of oceanfront land with 620 feet of direct Atlantic Ocean exposure.

Within Grand Coral, Mareazul luxury Condos will feature 300 condos 2,3, and 4 bedroom.

Mareazul Real Estate Condos Playa del Carmen Mexico

• Gated / Electronic entrance

• Tennis Courts

• State of the art Gym

• 5 start Concierge service.

• Pool area designed by Roberto Cavli

• Business center with computers, fax machines and much more.

• Mine store with common items will be available.

• Snack Bar

• Luxury Pool bar

• Plaza with shops and restaurants

• Beautifully decorated pathways

• Children's Play area

• 2 Luxury Spas

• Spectacular Infinity Pools

• Modern purifying water system

• Rental and maintenance service.

Mareazul Real Estate Condos Playa del Carmen Mexico

• Jacuzzi on the Terrace

• Ocean View

• Contemporary Stainless steal appliances

• Fully Equipped kitchen

• Washer and Dryer

• Central Air Conditioning

• Pre-wire for high speed internet access

• High quality materials

• Gran Coral Riviera Maya will be build in 14 different phases, the fist one is Mareazul which will be starting at the lowest possible pre-construction price, ( $400-$550 per Sqf) later on, the second Phase will be done and will start at aprox ( $750 per sft)

• The occupancy rate in Playa del Carmen vary based developer inf and average about 70% per year, the developer is willing to give the clients in writing, a guarantee that his unit will be occupied no less than a 70% per year , for the period of three years.

( A 2 bedroom apartment can be rented at $2500 - $3000 per week.)  A rental program we be offered. Details will be forth coming and 

Playa Del Carmen is the most important village in Riviera Maya, and is the second fastest growing city in the continent and Mexico

This community is both Cosmopolitan and an International destination protected by the 2nd largest coral reef in the world, which makes it a great location for all types of water sports.  

- Minutes away from breath taking caverns and cenotes that were once used by the Mayas for sacred rituals and are now used for snorkeling, diving and meditate.
-Xcaret is the most beautiful ecological park located 4 km south, from Playa, it’s a land of archeological remains

There are numerous attractions which this magical location offers  

• Is this a condo hotel? If so what are rental splits with owners and what is the rental policy?
  It’s not a condo hotel, but we will have a rental program. 

• If not a condo hotel what is rental policy?
  To be disclosed at the time contracts are issued.  

• How much is the 1st deposit and when is due?
  The first deposit is 10,000 with the balance of the first 10% dues at execution of contract.

• How much is the 2nd deposit and when is due (If Applicable)?
  It’s 10% - 90 days after the first deposit is paid 

• How much is the 3rd deposit and when is it due?
  It’s 10% when the top off takes place. 

• Will deposits be held by the developer in an interest or non interest bearing escrow account? If yes, what is the interest rate and who is entitle to such interest?
  Non interest account. 

• How may the buyer hold title to the property (Ex: Fee simple, bank trust, etc.)?
  For Mexicans, fee simple
  For foreigners trust (fideicomiso)
  

• Are pets allowed?
  Yes 

• How many buildings in the project?
  14 buildings

• How many stories will in Mareazul?
  Two front buildings 3 stories, the rest will be 4 stories

• How many units will there be in each building?
  Buildings 3,4,5,6,7 north and south with 24 units
  Buildings 2 north and south with 12 units
  Buildings 1 north and south with 18 

• How many units per floor?
  Buildings 3,4,5,6,7, north and south 3 units per floor
  Buildings 2 north and south 6 units per floor
  Buildings 1 north and south 6 units per floor

• What will the monthly maintenance fee per sq. foot basis be?
  0.25 cents per sqft. 

• What amenities will the building have? (Please attach list)
  See attached fact sheet 

• When do you expect construction to start on the project?
  Construction started in June 2007 

• When do you expect construction to be completed?
  Late 2009/Early 2010.

• Approximately what percentage of the purchase price will the closing cost be (Including all fees)?
  Aprox 5%
  
  Most other developments are condo hotels, Marezul in the only 100% residential one in Playa del Carmen, with the option to have a rental program.