Playa del Carmen Real Estate ShangrilaThis 2 bedroom, 2 bath Penthouse for sale in Playa del Carmen is located in the north end of downtown, in a quickly up and coming neighborhood. The condo is just a short walk to the newest shops and several of the finest restaurants in Playa del Carmen and the white sands of Coco Beach. Shangrila generally refers to the area that runs from 5th Avenue to the beach, sandwiched between Mamitas Beach to the south and Coco Beach to the north. Named for a popular "Old Playa" hotel with rustic beachfront cabanas, Shangrila is widely thought to have one of the best stretches of beach in Playa del Carmen. Nestled between these two popular beach destinations, Shangrila is a very desirable area for investors looking for a solid vacation rental property. A number of new luxury real estate offerings have been built in the area attracting visitors from around the world. La Cueva del Chango, one of Playa del Carmen's oldest and best loved restaurants, can be located here and recently, the neighborhood seems to become a mecca for upscale restaurateurs and their followers. Some of Playa del Carmen's best fine dining can now be found on and near the corner of 5th and Calle 38, the very heart of Shangrila.

This condominium has a large kitchen, open plan living room and dining room and two bedrooms. Upstairs, enjoy the private rooftop terrace with seating, a BBQ area and views of the Caribbean. The condominium has built in closets and cabinetry and is offered fully furnished and ready to occupy.

This penthouse is situated in an area that is experiencing the fasted growth of any area in Playa. If you have been looking for the right investment in Playa del Carmen real estate this unit should definitely be a strong contender. For more information or to arrange a private viewing please contact Rob[at]BuyPlaya.com or call 518-250-1269 US/CA  984-115-4611 MX.