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Nick Price Residences

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This development has not yet been reviewed by Redguide. This summary is based on the developer's marketing materials.

The residences are located within the Grand Coral Riviera Maya resort alongside a golf course designed by golf legend Nick Price. The three low-level buildings contain one, two, and three bedroom "contemporary" apartments with "generous-sized" terraces", "wall-to-wall windows", and "incredible views" of the "lush" golf course.

Each building has its own rooftop garden with sundeck and BBQ area. Beach and swimming pool access is through the Grand Coral Beach Club and owners can enjoy the "myriad of activities" including "all the amenities of a five star resort."

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Quick Facts about the Nick Price Residences

  • $$
  • Apartments
  • 123

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Factsheet

Factsheet Info
Overview
Price
$$: Least expensive units start under $500K.
Resort Type
Near Beach
Product Type Available
Apartments
Types of Ownership Available
Fractional,
Full-Ownership
Gated
Yes
Address
Showroom: Carretera Federal 307 Puerto Juárez, Km. 294 + 700 Municipio Solidaridad - Riviera Maya Playa del Carmen 77710 México Sales Office: 5ª Avenida Calle 12 y 14 norte Playa del Carmen, Quintana Roo, México
Nearest Airport
CUN
Distance from Airport
30 miles
Other Developments in the Area
Similar or Competitive Developments
Demographics / Nature of Buyers:
Cost
Price Overview
1 bedroom: USD 294,000 - 368,000 (95 m2 /1020 sq. ft) 2 bedroom: USD 352,000 - 445,000 (124 m2 / 1334 sq. ft.) 3 bedroom: USD 518,000 - 530,000 (155-161 m2 /1668-1733 sq. ft.)
Approximate Price per Square Meter
$3,000 (USD)
Approximate Price per Square Foot
$278.81 (USD)
Approximate Maintenance Fee
$1.50 (USD)
RED Review
Review

This development has not yet been reviewed by Redguide. This summary is based on the developer's marketing materials.

The residences are located within the Grand Coral Riviera Maya resort alongside a golf course designed by golf legend Nick Price. The three low-level buildings contain one, two, and three bedroom "contemporary" apartments with "generous-sized" terraces", "wall-to-wall windows", and "incredible views" of the "lush" golf course.

Each building has its own rooftop garden with sundeck and BBQ area. Beach and swimming pool access is through the Grand Coral Beach Club and owners can enjoy the "myriad of activities" including "all the amenities of a five star resort."

Pros

Fractional ownership available. Ownership includes golf membership. Lot of natural touches such as landscaped areas, water canals, and wood trellises. Roof garden in each building with bbq, pool and sundeck. Free golf cart with each unit. Nick Price is one of the first developments in Grand Coral which may make it an early bargain for investors.

Cons

The low key community may be a quiet for those looking for nightlife. Grand Coral will be in construction for many years, which may be an occasional annoyance for residents.

General Comments

123 condos located within the Grand Coral master development. 92 full ownership residences
31 fractional ownership residences. One, two, and three bedroom condos with golf course views and option of six different floor plans. Residences are divided into 3 four-story buildings.

Onsite Amenities
Amenties
Beach Club,
Common-area Pools,
Golf (Signature),
Gym,
Hotel,
Massages,
Party Room,
Private Pools,
Rental Program,
Resort Privileges,
On-site Restaurant(s),
Roofdeck,
Squash,
Tennis,
Other Amenities
underground parking, childrens playground, snack bar, garden-landscaped areas
Finishings
Bathroom Materials
marble tops, ceramic tile floors
Closet Space
ample
Kitchen Appliances
optional
Countertops
beige granite
Cabinetry
dark stained wood
Floors
ceramic tile and marble
Doors and Windows
wood doors, double-paned windows
Air Conditioning
central
Construction and Plans
Estimated Total Number of Units Programmed for Lifetime of Project
123
Number of Phases Programmed for Lifetime of Project
1
Which Phase is Currently for Sale
1
Number of Units Available in Current Phase (Including Ones Already Sold)
123
Date Ground Broken for First Phase
August, 2009
Date Ground Broken for Current Phase
August, 2009
Estimated Completion Date for Current Phase
September, 2011
Estimated Completion Date for Final Phase
September, 2011
Area
Local Attractions
Other Attractions
Xcaret ecological park, Cozumel ferry port, Maya ruins
About the Developer
Developer
Grupo Grand Coral
About the Architect
Architect
GVA Gómez Vázquez Aldana y Asociados
About the Builder
Builder
GVA Gómez Vázquez Aldana y Asociados

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