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@@IanChav My pleasure. The rooms are not that fancy but the beachfront location + onsite restaurant make up for that :)

@@EduardoGomez-bf8ew Hey there, I don’t think so but I’ll check. This said, there are other houses in the same price range available in Playacar. Please feel free to send me a WhatsApp at +52(55)6743-6387 and I can check for you what’s available at this time.

@@rugdesigner6941 Wow, thank you for sharing. I’ve experienced good service at the hotel restaurant Ro Marley’s. The food was great, service was courteous and fast. I also stayed at this hotel last December. The front desk staff were nice and courteous also. The one thing I would warn people against is accepting their time share presentation in return for a facial, etc. That 150 USD facial is Not free if you don’t buy. Also, they will take So much of your time. It ended up spoiling what was supposed to be a relaxing mini-vacation with my son. I was looking forward to staying there after having been at the restaurant 2x and seeing the beautiful grounds of the hotel. I do agree that it’s not 5-star level service though and even less so with the sneaky time-share presentation they spring on unsuspecting guests 🥲 Thanks again for sharing about your experience.

@@alekseibazanov3070 Hi there, currently there is 2-Bdrm resale unit in here for 299K USD. You can see the details here: drive.google.com/drive/folders/1fKj-1jB4DLLGzCRM6ZmF8tHxGew5Nnl7?usp=share_link The developer still has a few units in inventory too (also 2-bdrms) but they are all higher-priced. Feel free to reach out to me via email at info@freedomplaya.com if you’d like more information.

@@creavonegarrett8871 Thanks so much 🙏 Glad you found it valuable :)

@@creavonegarrett8871 Yes! We’ll talk soon :)

I don’t think so sincerely. I was just helping a rental client from Miami the other day who was looking for a rental in Playa. He rented his 1-bdrm in Miami for 3500 USD/month and was now looking at 1-Bdrms here in Playa (low season pricing) in the 1200 USD/month range. Seemed like a smart strategy to me :)

Thanks for that info! Yes, my video is a bit outdated now. As per the most recent information I’ve heard, they Will now grant you temporary residency under this program even with a shorter tourist visa (the 180-day limit is no longer required.) Congrats on getting your residency! 👏👏👏

You are right re: Cozumel. I didn’t know Chetumal is also an international Airport 🤔 I didn’t think it was. I stand corrected if it is though :)

Yes, especially if you’re looking at this time of the year (low season/ summer months.) I actually have one coming up in Colonia Hollywood. For this price-point, don’t expect a luxury rental but you can find a nice comfortable unit in a boutique building. Feel free to send me a WhatsApp and I’m happy to send you info on the unit that’s just become available: +52(55)6743-6387 Leticia

Hi there, that’s a good question. I will look into it and get back to you. My contact and I rented a car to get there, so I didn’t have to look into the cab situation.

@FreedomPlaya Thx alot. Living in Belize as an expat. This will be great info to have more options.

Hey there! So my apologies for the delay in responding. In two days, I’m actually flying out of the Tulum Airport myself. I found out (good news!) that there is ADO bus service in & out of the new Tulum Airport. From Playa Del Carmen, it’s 299 pesos for adults and half price for kids under 12. Currently there are only 4 buses/day that I could see on this route. Alternatively, the taxi from Tulum Centro to the new Tulum Airport I’m being told is 1000 pesos each way, so yes, pricey.

What about free drinking water like all airports have only in Mexico not

@@alekseibazanov3070 No free drinking water here 🥲

Hi there, this is the Bahay Condos building in Playa. This unit is already sold however there’s another one available in the same building two floors down from this one.

Hi there and thanks for your question. This is a newer type of real estate investing and it is a strategy I cover at lengh in this video: th-cam.com/video/ZRYJipMH8Ek/w-d-xo.htmlsi=Fvo_2Krhdk-pFsPp Essentially, the company selling the fractions manages the property including the rental (which could be vacational or long-term rentals, depending on the property and its location), and they pay monthly or quarterly net income distributions to the owners, the amount of which is based on their share of ownership in the property. When it comes to an owner wanting to sell their share, there are usually buy-back provisions in the contract where the developer or the company in charge or selling the fractions buys back that owner's share/fraction at a pre-determined price and taking into account market appreciation. Hope this answers your questions. Again, in the video I linked, the representative from one of these companies, describes in detail how this type of investment works.

@@FreedomPlaya The buy back option doesn't sound appealing, chances are they will undercut you. everything else sounds good though. Thanks!

@@hoppeanofasgard1365 Hey there! Sorry, just seeing your response on here. I’m impressed that you actually went and watched the video I referred you to :) W.r.t. Buy-back option, I’d have to double-check with this particular company but with another company that offers fractional ownership there is a contractually specified year-over-year passive appreciation % taken into account.

@@FreedomPlaya sounds good, what the name of that company? let me know once you have more information. Thanks

Thank you for your supportive comment. The real estate market in the Riviera Maya is still very well-priced compared to many American and especially Canadian markets. And you are spot-on about the low property taxes in Mexico compared to other destinations. Maintenance fees for condos are reasonable too. Even for nice buildings with amenities, you're usually looking at 2.5-3 USD/M2 of unit space. Add to that the overall growth in the Mexican economy and you can see why I'd recommend Mexico real estate as a hedge against the devaluation of 'paper money.'

Hi Kim, as far as I know, this program still requires that you would have one passport entry after 2015 in your passport. The Good news is that Mexican Immigration has continued to extend this program and as of now, they will accept people whose passport stamp was from as recently as 2022 or even 2023. If you've not taken any recent trips to Mexico, then you could come for a visit this year and Hope that they continue extending this great program into Next year, in which case you could apply next year using your 2024 passport entry stamp. Good luck!

Hey there Willy! My apologies for the tardy reply. I saw your comment on here late. The maintenance for this building, at least for the first year, will be as follows: 1500 pesos/month for the studio units, 1650 pesos/month for the 1-bdrm units and 2200 pesos/month for the 2-bdrm units. Thanks for your interest!

Hey there and my apologies that I'm only seeing your message now. Thank you for your feedback. I will do my best to plan my presentations better. When it comes to presenting projects, I do still prefer to do it as a live-stream because I'm able to go live both on YT and Facebook at the same time + at least I get Something out to my audience, imperfect as it may be. Currently, I am sitting on a backlog of video pieces that I am yet to send to my editor to put them together and upload them. Work has been busy and I've just not gotten around to it. Oh the joys of time and priorities management :) I do thank you again for watching and also for your feedback. 'See you' around soon :)

Hey there, I wish I knew what place you are referring to. You sure it's in Playa del Carmen?

@@FreedomPlaya LaComer. Logo is a orange pelican. They have City Market stores too.

@@ericbond5276 That's so strage. I'm not sure we have one of those in Playa!

@@FreedomPlaya Perhaps not. Gracias.

Yey! Glad to hear! Welcome to Playa! And you're very welcome :)

It’s a combination of both.

Hi there, there is in-person security at the entrance of Tohoku. You would advise security that you are expecting guests. From what I recall, security asks to see the ID of the guests before allowing them in.

Hey there! That’s exciting! Long-term rentals in Selvanova are priced btwn 14K-30K depending on whether it’s one of the earlier Cotos or one of the condos or houses in the newer cotos :)

You'll be living like a king on that income in Mexico :)

@@FreedomPlaya I'll be in Playa in August for 3 weeks.. maybe meet up?

That's exciting! Feel free to reach out to me about one month ahead of your arrival time at info@freedomplaya.com and I'll be happy to assist you with your rental and/or purchase needs. Merry Christmas and Happy Holidays!

Yey! Thanks for the recommendation!

Hi there and thanks for your question. Being a Mexican citizen would potentially give you access to loans from the Mexican banks and a lower down-payment amount (as low as 10%.) This said, you’d need to have at least 6 months worth of credit history in Mexico + a Mexican tax ID (called an RFC.) You can access those things just by being either a temporary or a permanent resident in Mexico, without having to go the extra step of becoming a citizen. The only benefit I see with becoming a citizen is that if you’re buying in a coastal area, you won’t need to go through the step & process of setting up the Fideicomiso (bank trust structure) so you’ll save about an initial 2200 USD set-up cost + another 400-500 USD/year.

Hi there, sorry I’m only seeing your message now. This is not in Playacar but rather in the Corasol neighborhood, another exclusive neighborhood in Playa Del Carmen, this one located in the North of Playa. And yes, last time I checked there were still a few villas available :)