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Lap pool and planted terraces between two finished residential wings at The Leaf Condos Playacar, Playa del Carmen
FEUDO® · Property Analysis
Property Analysis · Playacar Fase II, Playa del Carmen

The Leaf Condos Playacar

282 apartments in four finished towers, 99 still for sale as of 12-Aug-2026. The developer publishes availability floor by floor and unit by unit, and its own inventory holds together down to the single apartment.

The essence

The Leaf is a 282-apartment development across four curved four-storey towers (A, B, C and D) on roughly 30,000 m² (322,917 sq ft) inside Playacar Fase II, the gated golf-course community south of central Playa del Carmen. It was built by ACCIONA, the Spanish infrastructure and renewable-energy group, through its Mexican property arm ACCIONA Parque Reforma. Layouts run from a 54 m² (583 sq ft) studio to a 212 m² (2,287 sq ft) three-bedroom with a lock-off, and prices on the current list run MXN 4,089,363 to MXN 12,756,603, roughly USD 241,051 to USD 751,950. Ninety-nine of the 282 units were still with the developer as of 12-Aug-2026: 8 in Tower A, 6 in B, 25 in C and 60 in D.

Source: Lista de Precios_The Leaf _Agosto 2026.pdf (created 12-Aug-2026) and the four Disponibilidad plans (created 1-Aug-2026), both developer-issued, plus TLF251219_Brochure-ENG.pdf and the developer’s CV. Prices are fixed in pesos by the developer; the dollar figures on this page are this page’s own conversion at Banxico’s FIX rate of 16.9647 for 25-Aug-2026, not a developer quote. The price list carries its own printed caveat: prices subject to availability. Read 27-Aug-2026.

Who this is for, and who it isn’t

It fits you if

You want the lowest entry ticket into Playacar. At MXN 4,089,363 (about USD 241,051) the cheapest studio here is below the entry price of every other condominium project our monitor tracks inside the two Playacar phases.

You want a finished building rather than a promise: the units on the list stand today, photographed no later than April 2026 with the pools filled, the gym fitted and the clubhouse café furnished.

You want inventory you can actually check. Four floor-by-floor plans colour every one of the 282 units available, reserved or sold, and they match the price list unit by unit. Both come out of the same sales file, so what this proves is that the developer keeps its own books straight. Plenty of developers cannot manage even that.

You’re comfortable holding coastal Mexican property through a bank trust, and comfortable buying in pesos: every price here is fixed in pesos and any dollar figure you are quoted is somebody’s conversion on somebody’s day.

It doesn't if

You need the running cost before you sign. There is no maintenance fee anywhere in the file, on a property with four pools, a clubhouse, a gym and 24-hour access control that is already operating.

You’re buying a studio and want to walk one furnished first. The studio and two-bedroom model units are both marked by the developer as no longer standing; the one you can walk is a three-bedroom.

You need legal documentation on file before you would move: none exists here, not even inside the folder the developer labels Closing Documents.

You want to walk to the sea. The beachfront of Playacar Fase II is held end to end by all-inclusive hotels, and residents reach the sand elsewhere.

The zone, before the technical part

A golf-course neighbourhood whose beach belongs to the hotels.

Playacar Fase II is a gated community organised around an 18-hole golf course, immediately south of central Playa del Carmen, in the municipality of Solidaridad, Quintana Roo. It is the most established long-term residential enclave in the town: a continuous sidewalk rings the golf course for walking and cycling, the streets carry no through traffic, and there is a small internal plaza with a coffee shop and convenience stores. Hospiten Riviera Maya backs directly onto the perimeter, closer to this neighbourhood than to any other in Playa del Carmen.

Two things the brochure will not put next to that. The beachfront of Fase II is occupied along its whole length by large all-inclusive hotels, so a resident without a beachfront unit reaches the sand through Fase I to the north or a public entrance, not through their own gate. And those hotels put tourist traffic inside the perimeter every day, which is what separates Fase II from the quieter, house-only Fase I next door. The gate is real and the zone is materially safer than central Playa del Carmen; local sources are consistent that it is porous rather than hermetic, with steady movement of staff, deliveries and visitors.

Source: FEUDO zone research, Playacar Fase II dossier, session 22-May-2026, seven independent corroborated sources. The dossier rates its own confidence as medium.

Aerial view of the four curved towers and pools of The Leaf Condos Playacar inside Playacar Fase II
The property from above, inside the Playacar perimeter.
What the brochure can't tell you

What’s left is not a sample of the building.

Fifty-one of the 99 units still for sale are studios. That is more than half of what remains, against ten layouts in the brochure and four tower pages that read as if the whole range were on offer. It matters because of what the same price list says when you divide price by area: the studios ask about USD 4,425 per m² (USD 411 per sq ft), and the three-bedroom lock-offs ask about USD 3,461 per m² (USD 322 per sq ft). The smallest unit carries the most expensive square metre in the project, by roughly 28 percent.

That is normal pricing, not a defect: small units cost more per metre almost everywhere, because a kitchen and a bathroom cost what they cost. What is worth knowing is where it leaves the buyer of the cheapest ticket in Playacar. You are paying the project’s highest rate per metre, for the layout the marketing spends the least time on, and you cannot see one furnished: the developer’s own folders label the studio model unit and the two-bedroom model unit as no longer standing, and the only one you can walk today is a three-bedroom.

The material is there to close that gap without a site visit. Forty-four photographs and six videos of the studio model unit sit in the file, dated 29-Jan-2025, and the developer publishes a 360-degree virtual tour. Both describe a room that has since been dismantled, which is fine as long as somebody says so. Nobody does.

Sources: Lista de Precios_The Leaf _Agosto 2026.pdf, all 99 rows read and grouped by layout; the model-unit folders, whose names carry the developer’s own note that the studio and two-bedroom units no longer exist; capture dates read from the image files themselves. The per-square-metre figures are this page’s own arithmetic on the developer’s list, converted at the rate stated above. Read 27-Aug-2026.

Before you move money

Five questions to settle before you sign.

Each one comes straight out of the developer’s own documents. Open any for what they say, why it moves the decision, and how it gets settled.

Question 1 of 5

Is Tower D actually delivered? Eight months ago the developer said it was not.

Sixty of the 99 units still for sale are in Tower D, and the developer’s own December-2025 deck listed it as a pre-sale opening in March 2026.

Read the reasoning +

"5 reasons to invest in The Leaf.pdf," created 18-Dec-2025, shows the four towers on one page. Towers A, B and C read "IMMEDIATE DELIVERY." Tower D reads "NEW · PRE-SALE MARCH 2026 · 52 units remaining." The price list created 12-Aug-2026 prints the same immediate-delivery badge on all four tower pages, Tower D included, and the availability plan for Tower D dated 1-Aug-2026 is drawn over the same aerial photograph of a finished, landscaped, planted property as the plans for A, B and C.

Why it moves the decision

The two documents reconcile easily if Tower D was finished between December and August, and everything visible points that way. What the folder does not contain is a single piece of paper that says so: no handover record, no completion certificate, no dated construction photograph of that tower on its own. Sixty of the 99 units on sale sit there, so for most buyers of what is left, this is not a detail at the edge of the project. It is the project.

How it gets settled

Ask for the handover record or the escrituración (the notarised transfer of title, or deed) status of the specific unit, and for photography of that unit dated after today. A finished clubhouse says nothing about whether D305 has been handed over.

Source: 5 reasons to invest in The Leaf.pdf (created 18-Dec-2025); Lista de Precios_The Leaf _Agosto 2026.pdf (created 12-Aug-2026); Torre D - Disponibilidad (created 1-Aug-2026). Read 27-Aug-2026.

Question 2 of 5

The folder called Closing Documents holds no closing document. What are you signing?

Both closing folders, Spanish and English, contain exactly two files each: a checklist of papers to bring, and a reservation form. Nothing else.

Read the reasoning +

Opened one by one: "Documentos para solicitud de contrato" and its English twin are a one-page list of what the buyer supplies (passport, proof of address, tax ID, bank statement, birth and marriage certificates, KYC forms). The other file is the reservation form. Across all six top-level folders there is no deed, no condominium regime, no trust agreement, no purchase agreement, and no title document. Playa del Carmen sits inside Mexico’s 50-km restricted coastal zone, where a foreign buyer cannot hold direct title and holds through a fideicomiso, a renewable 50-year bank trust.

Why it moves the decision

For a broker-facing folder this absence is ordinary, and it is worth saying so first. What is not ordinary is the pairing: a building where 183 units have already been placed, and a package that never shows the instrument any of them were transferred with. The regime and the trustee bank are the two documents that decide what a buyer actually owns and how the shared pools, clubhouse and parking are governed, and neither has been handed to anyone reading this file.

How it gets settled

From the developer: the condominium regime as constituted, and the trustee bank they work with. Independently, and without asking them: a title and lien search (Certificado de Libertad de Gravamen) on the specific unit at the Registro Público de la Propiedad of Quintana Roo.

Source: All six top-level folders walked and listed 27-Aug-2026; restricted-zone and trust requirement per FEUDO zone research, Playacar Fase II dossier, session 22-May-2026.

Question 3 of 5

What does it cost to run, once you own it?

No maintenance fee appears anywhere, on four pools, a clubhouse with a gym and a café, 24-hour access control and 4,000 m² of gardens.

Read the reasoning +

The brochure and fact sheet list what the property carries: four pools plus a children’s pool with water games, sun decks, a yoga deck, a bar terrace, a gym, a pet zone, a restaurant-ready installation, a concierge area, two lifts per tower, EV-charger-ready installations, 24-hour controlled access, and more than 4,000 m² (43,056 sq ft) of private gardens. Nothing in any folder states a monthly or annual fee, or names who administers the association.

Why it moves the decision

This is the number that decides whether the cheapest ticket in Playacar stays the cheapest. A studio at MXN 4,089,363 competes with resale houses inside the same gates whose upkeep is the owner’s own affair; here the upkeep is shared, contractual and recurring, and it is running today on a finished property whose pools are filled, whose gardens are cut and whose clubhouse café is fitted out and furnished. Somebody is already paying it, which means the figure exists and simply has not been written down for the buyer.

How it gets settled

Ask for the current cuota de mantenimiento (maintenance fee) in writing, per square metre or per unit, before comparing this against anything else in the zone. On a delivered building this is a fact, not a projection, so a range or an estimate is not an acceptable answer.

Source: TLF Fact Sheet-ENG.pdf and TLF251219_Brochure-ENG.pdf for the amenity list; absence checked across all six top-level folders, 27-Aug-2026.

Question 4 of 5

Between December and August, did anything actually sell?

The developer’s own two counts, eight months apart, show more units available at the end than at the start. Towers A and B did not move at all.

Read the reasoning +

The 18-Dec-2025 deck prints "units remaining" per tower: 8 in A, 6 in B, 18 in C, 52 in D, which is 84. The 12-Aug-2026 price list, eight months later, lists 8 in A, 6 in B, 25 in C and 60 in D, which is 99. The availability plans dated 1-Aug-2026 agree with that list unit by unit: 98 marked available and one marked reserved, out of 282 total, in a project the same deck describes as 282 apartments.

Why it moves the decision

There are two honest readings and a buyer should hold both. Either the towers genuinely did not move in eight months, or the December figure was a marketing graphic that was already stale when it was printed. Units can also come back from cancelled reservations, which would explain growth in C and D. What none of those explanations covers is A and B landing on exactly 8 and exactly 6 twice. Either way, the practical consequence is the same: "only 8 left in Tower A" is not a reason to hurry, and this page will not present it as one.

How it gets settled

Ask for the price list from three or six months ago and compare it against today’s, unit key by unit key. The developer issues these regularly and dates them, so the comparison is available for the asking and it answers the question far better than any percentage in a deck.

Source: 5 reasons to invest in The Leaf.pdf (created 18-Dec-2025); Lista de Precios_The Leaf _Agosto 2026.pdf (created 12-Aug-2026); Torre A through D Disponibilidad (created 1-Aug-2026).

Question 5 of 5

If you sign the reservation form, what have you agreed to?

It holds the unit, price and conditions for 15 calendar days, is fully refundable if you cancel inside that window, and commits you to one of three payment splits.

Read the reasoning +

The reservation form is bilingual and short. It captures buyer details, unit, total area and layout; then list price, discount and final price, all in pesos; then a payment scheme chosen from 30/70, 50/50, 90/10 or "other"; then whether the reservation deposit arrives by transfer or card. Its printed clause reserves unit, price and conditions for 15 calendar days from signing, and states that if the buyer cancels inside that window the reservation amount is refunded in full, less transfer costs. The amount of that deposit is not printed on the form.

Why it moves the decision

Two things here are better than the market norm and worth naming: the refund is unconditional inside the window, and the payment splits are printed rather than negotiated verbally, which is the single item this doctrine tells every buyer to get in writing on day one. What the form does not do is stand in for a purchase agreement, and no purchase agreement exists in this folder. Fifteen days is the whole runway to read one.

How it gets settled

Before signing the reservation, ask for the draft purchase agreement and the deposit amount, and confirm what happens after day 15 if the contract has not been reviewed. A reservation that expires while you are still waiting on a document is the ordinary way this goes wrong.

Source: Formato de Reservación / Reservation Format (last modified 18-Aug-2025), Closing Documents folder, read 27-Aug-2026.

You can settle this without them

  • Whether the condominium regime exists and whether a specific unit is already deeded: both show in public records. A title and lien search (Certificado de Libertad de Gravamen) at the Registro Público de la Propiedad of Quintana Roo settles it without the developer in the room.
  • What the building really trades for: 183 units have been placed, so resale and rental asking prices at this address exist on public portals. That is a harder test of the appreciation claim above than any chart in a deck.
  • How the beach actually works from here: FEUDO’s zone research finds the beachfront of Playacar Fase II is held end to end by the all-inclusive hotels, so residents without a beachfront unit reach the sand through Fase I or a public entrance, not through their own gate.

Only they can answer this

  • The maintenance fee in writing, and who administers the association. On a finished, occupied building this is a current figure, not an estimate.
  • Handover proof and deed status on the specific unit, especially anywhere in Tower D.
  • The condominium regime as constituted, and the trustee bank they work with for the trust a foreign buyer needs here.
The receipt

Everything they shared, counted.

Six top-level folders and 529 files, walked folder by folder and counted on 27-Aug-2026, with the sales material duplicated in Spanish, English and French. Brand assets and the broker commission policy are not counted below: they are sales tooling, not buyer diligence.

As shared by the developer · checked 27-Aug-2026. This declares what exists, it doesn't vouch for what's inside.

Brochure / sales materials

9 files, e.g. TLF251219_Brochure-ENG.pdf, 32 pages, created 19-Dec-2025

Floor plans

319 files, e.g. One individual architectural sheet per apartment, 282 of them, one for every unit in all four towers: 68 in A, 70 in B, 66 in C, 78 in D. Counted folder by folder on 27-Aug-2026

Price list

5 files, e.g. Lista de Precios_The Leaf _Agosto 2026.pdf, created 12-Aug-2026: 99 units, one row each, with level, unit key, bedrooms, bathrooms, total area and price in pesos

Payment terms

1 file, e.g. Formato de Reservación, the reservation form: it prints three payment splits to choose from and an "other" box, and holds unit, price and conditions for 15 calendar days

Purchase contract

3 files, e.g. Required documents for contract, a one-page checklist of what a buyer has to hand over: passport, tax ID, proof of address, bank statement, birth and marriage certificates, KYC forms

Construction / delivery status

No dated construction-progress report and no handover record. What exists instead is professional photography of finished common areas. Five of those frames carry a real capture date of 16-Apr-2026 from the camera; the pool and clubhouse frames carry only a March-2026 file save date, which puts a ceiling on when they were taken and says nothing about the day itself.

Legal / trust documentation

No deed, no condominium regime, no trust agreement and no title document anywhere in the six top-level folders, including the two the developer labels Closing Documents.

HOA & fees

No maintenance fee stated anywhere, on a property with four pools, a clubhouse, a gym, 24-hour access control and more than 4,000 m² (43,056 sq ft) of private gardens.

6 things we could not confirmopen +

The December-2025 investment deck claims capital gains "of up to 35% for our first investors" and first place among "more than 400 projects in the Riviera Maya" for units placed in 2023. Neither claim names a source, a method or a measurement date, and the second is a ranking nobody publishes. The chart beside them plots a line from 2022 to 2025 with no underlying figures. Treat both as the developer speaking about itself.

The photographs of the three-bedroom model unit come off a camera whose internal clock reads January 2018, which cannot be the date they were taken: the building did not exist. The rest of that same folder, shot on a different body with a working clock, is dated April 2026. The pictures are fine; their file dates are not, and this page does not publish a date it cannot stand behind.

A public listing portal still described this project as pre-construction when checked on 27-Aug-2026, while the developer’s own current price list badges all four towers as immediate delivery. Expect to meet the older description while searching.

FEUDO’s own broker monitor carries 169 units for this project against the developer’s 282. That reads as a partial capture of the building rather than a figure to merge with the developer’s own, and it is why the unit counts on this page come from the developer’s own price list and availability plans instead. Those two agree to the unit, and both are exports of one master document, so read them as one well-kept source and not as two.

Two units are labelled one thing on the price list and another on their own architectural sheet. A108 is listed as a studio of 82.1 m² (884 sq ft) at MXN 5,832,111, while its plan is filed as TLF_A108_B1_1 Rec.pdf; C012 is listed as a studio of 55.51 m² (598 sq ft) and its plan is filed as TLF_C012_A1_2 Rec.pdf. Of the 39 units for sale in Towers A, B and C, whose sheets name the layout, only these two disagree with the list. Tower D’s 60 sheets are filed by number alone, so its rows cannot be checked the same way. An 82 m² studio is unusual on its own. If either of these is the unit under discussion, ask for the sheet and the list side by side before anything is signed.

The developer publishes a 360-degree virtual tour, linked from a one-page PDF in the shared folder. Which layout it walks through is not stated anywhere in the file, so ask before treating it as a view of the unit you are considering.

The property, photographed

Central pool at The Leaf Condos Playacar with sun loungers, a water slide and the four-storey wings on both sides
The central pool, looking down the corridor between two wings (photograph; the file carries no capture date, only a 3-Mar-2026 save date)
Clubhouse at The Leaf Condos Playacar seen from the lawn across the pool
The clubhouse from the lawn, its two planted slabs over the pool (photograph; the file carries no capture date, only a 3-Mar-2026 save date)
Clubhouse at The Leaf Condos Playacar lit at dusk with the pool in the foreground
The same clubhouse at dusk, lit from inside (photograph, 16-Apr-2026)
Lit garden walkway between residential wings at The Leaf Condos Playacar at dusk
A garden walkway between wings, path lighting on (photograph, 16-Apr-2026)
Aerial view of the four curved towers, pools and gardens of The Leaf Condos Playacar
The whole property from above: four curved wings, the pools between them, parking on the outside edge
Gym at The Leaf Condos Playacar with treadmills facing a glass wall onto the pool
The gym, treadmills facing the glass wall onto the pool (photograph, 16-Apr-2026)
Café inside the clubhouse at The Leaf Condos Playacar with wooden tables against a glass wall onto the pool
The café inside the clubhouse, tables against the glass (photograph, 16-Apr-2026)
Kitchen and breakfast bar in the three-bedroom model unit at The Leaf Condos Playacar
The three-bedroom model unit: the only one still standing (photograph)
Kitchen of the studio model unit at The Leaf Condos Playacar
The studio model unit, photographed 29-Jan-2025. The developer’s own folder says this one no longer exists
Bedroom in the two-bedroom model unit at The Leaf Condos Playacar
The two-bedroom model unit, photographed 31-Jul-2024. Marked as no longer standing too

Photography supplied by the developer. All ten are photographs of the finished property, not renders. None of them shows the interior of a unit currently for sale: the two model units that matched most of the remaining inventory have been dismantled, see above.

Price & financing

Ninety-nine units, priced in pesos, one row each.

Price range

MXN 4,089,363 – 12,756,603

≈ USD 241,051 – 751,950 at Banxico FIX 16.9647 (25-Aug-2026), this page’s own conversion

Entry ticket

MXN 4,089,363 D218, a 57 m² (618 sq ft) studio

Availability

99 of 282 units 98 available, 1 reserved, as of 12-Aug-2026

Delivery

All four towers badged immediate. Tower D was called a pre-sale in December. See above.

The range by layout, and where these figures come from +
LayoutLeftAreaPrice, MXN
Studio5154 to 84 m² (583 to 905 sq ft)4,089,363 to 6,018,021
1 bedroom683 to 91 m² (901 to 982 sq ft)6,092,047 to 6,658,000
2 bedrooms1183 to 116 m² (901 to 1,250 sq ft)5,984,365 to 7,576,866
2 bedrooms, lock-off19106 to 120 m² (1,147 to 1,296 sq ft)7,334,461 to 8,571,671
3 bedrooms, lock-off12133 to 212 m² (1,442 to 2,287 sq ft)9,213,169 to 12,756,603

Every figure above is read off Lista de Precios_The Leaf _Agosto 2026.pdf, created 12-Aug-2026, which lists 99 units one row at a time with level, unit key, bedrooms, bathrooms, total area and price. The grouping by layout and the per-square-metre arithmetic are this page’s own work on that list, not figures the developer publishes. The lock-off units are laid out so a section can be closed off and let separately, which is why they carry two or two and a half bathrooms on a two-bedroom footprint.

The four availability plans, created 1-Aug-2026, colour every unit on every floor available, reserved or sold against a printed legend. Counting them by hand returns 98 available and 1 reserved out of 282, the same 99 the price list carries, with the same unit keys, tower by tower. What that proves is worth stating precisely. All four plans carry the same document title in their file properties, Copia de Copia de PROPUESTA PRECIOSDisponibilidad The LEAF MASTER; all five files were produced in Canva; the price list already prints the reserved-unit legend inside it; and the developer’s own broker policy puts price lists and availability plans in the hands of one sales team. These are two exports of a single master document, so what they demonstrate is that the developer keeps its inventory straight to the unit, which is worth having and is a lower bar than corroboration. Independent confirmation would need a source outside the sales file, and this page has none. The counts here are stated plainly because they are internally consistent and they are the developer’s own; a buyer should still get the specific unit confirmed in writing before any money moves.

Prices are fixed in pesos, which decides more than it looks: any dollar figure a buyer is quoted is a conversion made on a particular day, and it will move between the quote and the signature. The dollar figures here are converted once, at Banxico’s FIX rate of 16.9647 for 25-Aug-2026, and labelled as ours. How buying works here is a separate page; this one carries only what is specific to this project.

The amenities those prices carry, and the fee nobody has stated for running them, are the third question above.

Clubhouse at The Leaf Condos Playacar lit at dusk over the pool
The clubhouse at dusk, photographed 16-Apr-2026.
The zone, in numbers

Where this sits in what the zone actually moves.

Not a valuation and not a comparables table. Two charts, split on purpose: the first compares asking price per square metre, delivered product against product still being built, because those are two different things and a single ranking would hide it. The second is what buyers in this zone are actually asking for.

Asking USD per m², condominium projects in Playacar

Delivered, n = 3. Playacar houses excluded: price per m² is not comparable across product types.

  • Aura Playacar4,869
  • Soleii (Playacar Fase I)4,425
  • The Leaf Condos Playacar4,173

Still being built, n = 4

  • UMA Living Well3,896
  • Casa de Piedra3,545
  • Bakaba3,516
  • Macondo Playacar3,416

The split is the finding. In Playacar, finished product asks more per square metre than product still going up, and the gap is roughly 7 to 42 percent. The Leaf is the cheapest of the three finished ones. The bar shown for it above comes from third-party broker listings, which is why it is the number that belongs on a chart of other people’s asking prices. Priced off the developer’s own August list instead, this page’s own arithmetic puts the median at about USD 4,354 per m² (USD 405 per sq ft). Both are published here with whose they are, and neither is averaged into the other.

Source: FEUDO’s own project set for Playacar, captured 24-Aug-2026. It records the asking prices brokers wrote down, which is a narrower thing than the whole market and skews toward what circulates between agents. A read on direction, and no price on this page was derived from it.

How this one can be paid for

Five ways a property changes hands in Mexico. Which of them are actually open on this project, and what gates the ones that are not. How each one works is a separate page.

  • CashOpen

    The route the paperwork is built for. The reservation form prints three splits to choose from, 30/70, 50/50 and 90/10, plus an "other" box, and the folder carries national and international wire instructions. It also costs something a buyer from the United States will not see coming: there, the lender is what forces an independent appraisal, a title search and a standard closing. Paying cash removes that party, and on this project there is nothing in the folder to replace it.

  • Bank mortgageConditional

    The inventory is the kind a bank accepts: finished units, not a promise. What a bank also needs is a constituted régimen de condominio (condominium regime) and a complete file, and neither is in the shared folder. With 183 of the 282 units already placed, the regime almost certainly exists; what is missing is that nobody shared it. And because this coast sits inside Mexico’s restricted zone, a foreign buyer takes title through a fideicomiso (a renewable 50-year bank trust) whether or not a bank lends.

  • Pre-construction instalmentsNot available here

    There is no construction calendar left to pay against: every unit on the August list is in a finished building. What the reservation form offers instead is a two-step split between signing and closing, which is a different instrument wearing similar arithmetic. The one caveat is Tower D, which the developer’s own December deck called preventa (pre-sale) opening March 2026, and which now carries the same immediate-delivery badge as the other three. See the first question below.

  • Developer financingNot offered in writing

    The reservation form leaves an "other" box next to the three printed splits, which is where a negotiated schedule would go, and nothing in the folder says whether one is offered. If it is, ask for the contract itself: developer financing in Mexico runs on an adhesion contract that has to be registered with PROFECO, and one that is not registered does not hold against the buyer.

  • Infonavit / co-financingNot available here

    Depends on having contributed formally to the Mexican social-security system, so it does not exist for a foreign buyer. Worth one check if you are Mexican and worked in Mexico at any point: a housing sub-account can sit there for years without you knowing.

Each verdict below comes from what this project actually is, a finished building sold in pesos, judged against the five ways property is paid for in Mexico. They are not quotes, and no rate appears here: in bank credit the rate is set by the bank and in developer financing by the developer, so it is a fact about your counterparty, not about the market.

Location

The developer states a street and a lot but publishes no coordinate. The pin below was located independently and cross-checked against a second, unrelated source.

Paseo Xaman-Ha, Mz 018, Lt 002-1, Playacar Fase II, Playa del Carmen, Quintana Roo 77717, México

Open the full map

Address as the developer publishes it. The project is not mapped in OpenStreetMap under any name, so the pin comes from two unrelated broker listings that place it 275 m apart on the same block; the point used is the western of the two, and both reverse-geocode into Playacar Fase II. It locates the block, not the footprint. Checked 27-Aug-2026. Cross-checked 28-Aug-2026 against the Google Maps place listing for “The Leaf Condos Playacar”.

How far to what

  • Terminal Marítima (Cozumel ferry) and the south end of 5th Avenue
    6 km8 min
  • Hospiten Riviera Maya
    6 km9 min
  • Centro Maya shopping mall
    6 km11 min
  • Cancún International Airport (CUN)
    61 km50 min

Road distances and drive times measured from the pin above, routed on OpenStreetMap's street network on 27 August 2026, rounded. The 275 m of uncertainty in the pin changes each of these routes by under 30 m, because all four are dominated by the same thing: Playacar's gates force a loop out to the federal highway and back. Hospiten Riviera Maya backs onto the perimeter under a kilometre away in a straight line and is a 6 km drive. Times assume clear roads.

Worth being precise about what sits inside what: this is one gated property on Paseo Xaman-Ha, inside Playacar Fase II, itself a neighbourhood within the town of Playa del Carmen, the seat of the municipality of Solidaridad, Quintana Roo. “Playacar” on its own covers two phases with different character, different access and different beach arrangements; this project is in Phase II only.

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