Terra

At a glance

Terra is a new development of condos in Centro, Playa del Carmen, Quintana Roo, by SS Masterbroker. 53 units are still for sale out of 67. What is left ranges from studios to 1 bedroom. Sizes run from 34 to 68 m² (368–735 sq ft).

SS Masterbroker has 6 other developments in our list (in Playa del Carmen and Bacalar), with 89 units still for sale between them. 3 of them are already delivered, which you can visit to judge the build quality.

Prices start at $153,720 USD and go up to $261,686. The entry price works out at $4,500 per m², close to the median of $4,501 per m² across the 122 condo developments we list in Playa del Carmen. There are 2 payment plans, a deposit at signing from 30% and up to 18% off for paying more up front. Developer financing is also available.

It is a pre-construction (presale) project: first delivery is planned for December 2027. By road it is about 2.7 km from the beach (Playa 88), 2.6 km from the airport and 1.3 km from a hospital.

Buying before completion usually means a lower price in exchange for waiting. Check the developer’s track record and permits, and how your payments are protected until delivery. As a foreign buyer near the coast you would normally hold the title through a fideicomiso (bank trust); Robin can walk you through the contract and payment schedule.

More on Playa del Carmen: new developments in Playa del Carmen · buying property in Playa del Carmen · the buying process · fideicomiso or corporation?