Olea Luxury Living
The most famous crater on Earth sits beneath this town, and nothing at street level admits it. Chicxulub keeps its fame underground and its surface life small: a short pier, a working fishing fleet, seafood tables that fill with Merida families on Sundays and empty back to locals by Monday.
Chicxulub Puerto sits ten minutes east of Progreso along the coastal road, sharing its walkable grid at half the density and none of the cruise-day traffic. The Meteorite Museum on the Progreso road tells the asteroid story properly; the town itself would rather talk about the fishing. The beach opens wider here than on the Malecon strip, and Olea stands directly on it.
Inside Olea, fifteen residences occupy a twelve-level beachfront tower, a ratio that leaves most floors with a single neighbor. Buyers choose between two design languages, ART, geometric and decorative, or RAW, organic and pared back, so no two residences finish alike. The showcased four-bedroom spans 2,271 square feet; a rooftop, pool and coworking space fill the shared levels.
Pre-sale with delivery in late 2026; pricing starts at $9,000,000 MXN. For the buyer who wants tower-grade views without tower-grade density, and a building willing to let its owners disagree about aesthetics, Olea is the standout on the Chicxulub beachfront.
Amenities & Features
Unit Collection
Chicxulub Puerto, Yucatán Coast
Chicxulub Puerto is a small coastal village on the Yucatán's Gulf coast, 5 km east of Progreso. Historically a fishing village (and famous for the asteroid impact crater offshore), it has emerged in recent years as a residential alternative to Progreso — quieter beach, smaller-scale builds, and a real Yucatecan town character. Real estate here is typically beach-front condos or single-family casas at 20-30% discounts to Progreso central inventory.
Location Highlights
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Shopping & Lifestyle
Nearby Landmarks
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Location
Our Take
We find Olea Luxury Living interesting for a specific type of buyer: someone looking at the Yucatán gulf coast at tower-quality architecture but wanting the low-neighbor-count of a boutique building. Only 15 residences across 12 levels is genuinely unusual — most tower-format coastal developments run 60–80+ units to make the vertical construction pencil out, so a 15-unit tower means either premium floor plates or a developer willing to trade unit count for exclusivity. The dual-design track (ART geometric vs RAW organic-minimal, buyer selects) is a design touch you rarely see on the corridor — most buildings ship one interior spec. The developer, Grupo Construyendo Ideas, is Yucatecan and reachable directly. The honest consideration: Chicxulub Puerto is not Progreso — the walkable restaurant density is smaller (though the pier area has a serviceable stack), and the corridor here is quieter but still shares Progreso's traffic patterns on cruise days. If your framing is tower-quality residence in a walkable secondary town rather than the Progreso Malecón hub, Olea sits in the pocket that fits.
Frequently Asked Questions
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At Mexico Luxury Properties, we provide personalized guidance through every step of your purchase. Contact us for a private consultation, virtual tour, or to request the full development brochure.