We have been coming to Playa for 14 years, staying in many different accomodations, and always wondered about Posada Las Iguanas, so this year we stayed there. It is a rare green oasis on Constituyentes between the behemoth Gran Porto Real hotel (close to the beach)and always-buzzing Avenida Quinta (live music nightly at Kitxen, right around the corner), but it feels like someone's quiet backyard. The balconied, two-storied hotel faces a green lawn and garden with a small in-ground pool, a turtle pond, koi pond, parrots, chickens, bunnies. You can relax in a hammock, swing, lounge by the pool, sit on the balcony (wi fi), or sit in the little restaurant owned by the same family - they serve good, inexpensive food. The immense fresh fruit smoothies were only 30 pesos!
Rooms are simply furnished, but spotless, well lit, well air-conditioned, and the rainshower shower heads supply ample hot water under good pressure. All rooms have refrigerators. The second floor rooms have balconies and windows at both the back and front of the room. When there is a breeze the screened windows will give you cross ventilation, a rare thing to find in any hotel in this city. Some rooms have kitchenettes
This hotel would be fun for families with children or more laid back travelers. There are some drawbacks: The staff, when we were there, spoke limited English (I've been told by another guest that the owner, a doctor, is fluent in English but he was not around when we were there). There is no safe for your valuables. We would have liked more and more comfortable lounge chairs. They do have beach towels but no wash clothes, and you'll have to buy your own drinking water (the Mega supermarket is a 10 minute walk)
The price has gone up since the last review on this hotel - listed at 900 pesos, our room was 700 and no longer includes breakfast. You need to make your reservations by phone, and pay in cash. Speaking at least a bit of Spanish would be helpful.