Quick Facts
● Deeded fractions are sold in minimum 28-day (4 week) fractions – same dates every year (see below)
● Once purchased, you are the owner of that particular fraction forever.
● Fractions come with their own deed and your name will appear on that deed
● You will own the fraction in perpetuity, it never expires
● Fractions can be bequeathed to any beneficiary that you select
● The cost of fractions is based on 3 things:
o Location of the condo in the building (building A: full ocean view. B: partial C: city
o Season of the fraction: Prime (Nov-April) or High/Low (May-Oct)
o Size of the unit, one or two bedrooms, corner 2-bedrooms (“master”)
● 5% discount for cash deals (full amount paid within 30 days – min 30% down is required)
● Additional 10% discount available for purchase of additional fractions in “high/low” season
● HOA fee and amounts
o US$581 for a one bedroom
o US$882 for a two bedroom
o $1,068 for the two-bedroom master.
● The fees pay for everything
o All indoor and outdoor operating costs
o All Staff costs
o All Utilities – electricity, water, cable, etc.
o High Speed Wifi
o Front Desk Staff
o All External Areas
o Check in/Check out of each fraction covered
o Twice per week basic service with option to purchase more frequent maid service
o Building Maintenance (external and internal of units)
o Property Taxes
o Property Insurance
o Annual Trustee Fees
o Management Fee
o Annual HOA Assembly
o Contingency fund
● Year built- 1998/1999
● Condos are HOA maintained including furniture, fixtures and equipment -
● HOA board and administer- Playa Uno, A.C.
● Name of Architect – Juan Jose Rodriguez
● Name of current owner, operating under what corporate name- PGM, S. de R.L. de C.V.
● Total number of units in development- 66
● Total number of one bedrooms- 32
● Total number of two bedrooms- 26 Regular and 6 2bdm Masters (end units)
● Number of units for sale fractional- almost 400 Fractional Units available for sale
● Number of units for sale full ownership- 5 Full-time Units for Sale
● Do you have an in house rental program- Not at this time
● Property management company on site or each owner chooses their own company –– Currently an internal Manager is on-site; Changing to Fulcrum Management (a PV local Condo Mgmt Company) in 2024
● Internal Financing options-
Minimum down payment of 30%, is due within 5 days of agreement
o amortized over 36 months at 12.9%
o 48 months at 14.9
o 60 months at 15.9% on balance; a $5 USD per month service fee is required
o Deeds will be issued in bulk every 50 contracts (through the closing process with Notary #3) to receive a special closing price (only 5% of purchase price). Buyers may opt to use another notary to close sooner, at their expense. Must be paid in full to receive deed.
● Cash deals: 100% due within 30 days of agreement in order to qualify for 5% discount
● Private financing option for Americans- PFG- available via Coldwell Banker
Private financing options for Canadians-Seaport Financial- available via Coldwell Banker
● If proceeds charged at point of sales, credit or debit cards, we have to charge 3% more
● In order to issue an Invoice in Mexico, registered with SAT, we use this SAT code: 95122102 - Apartamento o piso, Departamento and to expedite it we require your Fiscal Certificate
● Closing cost= approximately 7% of sales price-
5% to be covered by Buyer/2% by Seller
● Painting of the exterior and interior remodeling underway
● All fractions sold until Dec. 2024 will receive a furniture change and kitchen remodeling at no extra charge to the owners.
Fraction dates: Category:
● Fraction 1 2-Jan 30-Jan Prime
● Fraction 2 30-Jan 27-Feb Prime
● Fraction 3 27-Feb 27-Mar Prime
● Fraction 4 27-Mar 24-Apr Prime
● Fraction 5 24-Apr 22-May High-Low
● Fraction 6 22-May 19-Jun High-Low
● Fraction 7 19-Jun 17-Jul High-Low
● Fraction 8 17-Jul 14-Aug High-Low
● Fraction 9 14-Aug 11-Sep High-Low
● Fraction 10 11-Sep 9-Oct High-Low
● Fraction 11 9-Oct 6-Nov High-Low
● Fraction 12 6-Nov 4-Dec Prime
● Fraction 13 4-Dec 2-Jan Ptime
