In the Mexico homes market, one of the most attractive options currently available is Villas Tranquilidad at the north end of Playa del Carmen. These homes provide close access to the beachfront, all the benefits of the new community of El Cielo, plus only a short distance to the many benefits of the town of Playa del Carmen itself, for less than $200,000 US.
These 6 Playa del Carmen homes are currently being built with 3 storeys, a modern-contemporary design and many amenities, such as air conditioning, ceiling fans, granite counter tops, and resource efficient fixtures. Each villa has a private yard, plus there is a shared green area with a pool and a “palapa" shelter (a thatched roof structure. )
They are conveniently located in the community of El Cielo, 900 yards from the beachfront – close enough for a comfortable walk down, far enough way to enjoy a high level of privacy. El Cielo is a well designed neighborhood with modern infrastructure, entirely underground to provide comfort and convenience together with visual appeal. Wide roads make for quick, easy access to the villas as well as the commercial area at the highway side of the road. The highway itself which is currently seeing 3 new bridges built provides access to downtown, where the town's main tourist area (5th Avenue) is found, as well as stores such as Walmart, and at the south of town, Sam's Club and a new Mall, all within about 10 minutes.
El Cielo is still new, and Villas Tranquilidad is one of the first developments in the community; for this reason, current buyers enjoy lower prices than this community will offer in the future. Each villa costs $260,000 US, and with a 25% pre-construction discount, the price is only $195,000.
Both bank mortgages and seller financing are available. While mortgages are a relatively newly used financing tool in Mexico, and include more paper work than buyers are used to from back home, interest rates are currently at an all time low, around 6.5%, and they can cover up to 75% of the cost – before the discount! The financing offered by the seller offers very competitive rates for a shorter term option.
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