Investment Opportunity Tulum $1,864,000

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    $1,864,000

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    • 14 Beds
    • 14 Baths
    • Business
    • MLS# 907535304
    • EVID# AM-224012
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    Property Details

    Sustainable Luxury Condos in La Veleta, Tulum Cocomo Bay – A new development in the jungle of la Veleta Tulum, preserving the existing environment and offering luxurious and comfortable living.The ArchitectureCocomo Bay was developed by a German and American Management and is built according to a high standard of quality with a modern contemporary design. The spacious living areas of each apartment combine a light and neutral color scheme with floor to ceiling sliding glass doors which open onto private gardens or large terraces. All apartments have a contemporary, sophisticated feel, offering the finest materials finishes while being constructed after the “Fahrenheit” system for the reduction of energy consumption and cooling costs. In addition, this system specifically protects the whole structure from moist & mold which will be specifically valuable in the long-term maintenance of the development in an area such as the Riviera Maya. Moreover, the development has its own water supply system which can hold up to 36.000 liters of fresh water. The development offers apartments with different layouts from studios, over apartments to penthouses with private rooftop pools. Set within the lush green foliage of a tropical landscape: Cocomo Bay’s flawless interpretation of open plan living has been masterfully crafted into a one-of-a-kind boutique residence set within a beautifully landscaped tropical garden.Due to the pandemic the investor team decided to only finish the apartments of the ground floor completely while only finishing the core of the units for the second and third floor. This leaves great room for potential clients to still modify all finishes in their new home in the Riviera Maya while giving a possible investor the ability to finish the project with the existing construction team and purchasing the project as a whole. The above displayed price is the purchase price of the development right now, however the complete project could be finished with the existing construction company for an incremental increase in price. For inquiries for single units please contact my team and me.The AreaTulum, a beachtown 2 h south of Cancun international airport has grown rapidly within the past 20 years. It’s natural environment consists of some of the most beautiful beaches in the world, as well as untouched jungle next tot he world’s 2nd biggest reef. In addition, the area has a rich cultural and spiritual background as it used to be home to the ancient mayans. Traditions from ancient mayans are found in many parts of Tulum as the town is filled with artists and healers from around the world that come to Tulum for inspiration and living.Tulum is already expected to be the world’s top beach destination in 3-4 years. According to the media, 5 million tourists set foot in the Riviera Maya in year 2016. The paradise lifestyle of the beachtown allows you to have it all: Relax at a beach club, explore Mayan ruins, swim in a cenote, ride a bike through the jungle or party next to some famous celebrities. Unwind in the restaurants and cafe’s close by in the La Veleta neighborhood.

    Contact

    Manuel Fernandez

    Manuel Fernandez

    Real Estate Advisor

    Engel & Völkers Playa del Carmen

    Mobile Phone: 998-409-7425
    Ines Gehrcken

    Ines Gehrcken

    Real Estate Advisor

    Engel & Völkers Playa del Carmen

    Cell: 998-189-8897

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $1,864,000
    2/24/2022 2:11:00 PM New in Database Source: Multiple Listing Service New Value: $1,864,000
    Information is provided in part by the IDX program of the Playa Del Carmen MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.