Singular Residence Hotels now offers you a new opportunity to make a smart investment and enter the vacation rentals market in Playa del Carmen: Singular Dream. Can you imagine owning a residence which is, at the same time, a luxury hotel room where you can stay whenever you want to and take a maximum advantage of it when you’re not staying there?
Playa del Carmen has developed a lot in the past 40 years and it will continue to grow over time. Here we built our first hotel 15 years ago. Then we focused on encouraging our new business model: condo hotels.
It’s very simple, at Singular Condo Hotel we are at once a residence and a hotel. As an owner, you can have a residence in Playa del Carmen whenever you want to, and when you’re not there, your property will be managed as a luxury hotel room that you can rent out.
As an example, the nearest condo hotel (TAJ) opened five years ago and now the price of a single bedroom apartment is around $450,000 USD, while a Singular condo’s cost is $309,645 USD. The rental prices of both of them, however, are almost the same. So, if you rent out the apartment at an average rate of $200 USD per night, you will get a $40,000 gain, and besides you will have 165 nights left to enjoy your property.
Experience supports us: Singular Joy, the first Singular Residence Hotels’ release is almost sold out, and the customers will receive their units by Spring 2019. Precisely because of this success, Singular Dream came out, the 99-unit Singular Residence Hotels’ second development.
Do you want to learn about Singular Dream’s investment plans? We have expert advisors that will give you personalized attention to answer all of your questions and tell you about our flexible financing plans. Find out about the capital gains this new business model generates to its investors.
