(984)-169-1383
Playa del Carmen, Quintana Roo. Mexico. 77714.

There is over 300 developments under construction in the Riviera Maya. How to choose the right one?

At Trusted Realty Riviera Maya, we've developed a reliable process for purchasing properties under development. Our legal and management teams have crafted a rigorous checklist that every partner developer must meet to earn our certification. Only those who pass this thorough vetting make it onto our exclusive list of top options for our clients.

The Checklist:

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Land Registration

We ensure that the land is properly registered under the developer's name and that they hold full legal ownership.

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Business Registration

We conduct a thorough verification to confirm that the developer is a legally registered business within the country.

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Construction Permits

We meticulously verify that the developer has obtained all the necessary construction permits required by local authorities before any project begins.

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Experience & Delivered Projects in the Region

We conduct an in-depth evaluation of the developer's experience in the region, ensuring they have a proven track record of successful projects in the Riviera Maya.

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Financial Plan

We are committed to partnering only with developers who have the financial stability and resources to complete their projects independently of pre-sale funds.

FAQS

What are the potential risks or purchasing a property under development?

  1. Developer Reliability: Some developers may not complete on time or meet quality standards.

  2. Research their track record.Delays: Projects can be delayed, so ensure your contract has clear terms for compensation.

  3. Changes in Plans: Developers might alter layouts or materials. Get commitments in writing.

  4. Market Fluctuations: Real estate values may shift by completion. Study market trends.

  5. Legal Issues: Ensure the project has all required permits with the help of a real estate attorney.

  6. Development Completion: If the developer is relying from the pre sales to build the project, that won't guarantee the delivery or the completion of your property.

  7. Infrastructure: Promised amenities may not be delivered. Research the area’s development plans.

What can I do to mitigate those risks?

  1. Research the Developer: Check their reputation and past projects.

  2. Hire a Lawyer: Ensure all permits and contracts are in order.

  3. Use Escrow: Make payments only when construction milestones are met.

  4. Secure Contract Terms: Include penalties for delays and quality guarantees.

  5. Check Market Trends: Work with an agent to avoid overpaying.

  6. Visit the Site: Verify the infrastructure and development progress.

What are our Certified Under Construction Development?

At Trusted Realty Riviera Maya, we've developed a reliable process for purchasing properties under development. Our legal and management teams have crafted a rigorous checklist that every partner developer must meet to earn our certification. Only those who pass this thorough vetting make it onto our exclusive list of top options for our clients.

Are you interested in our Certified Under Construction Developments?

Exclusive Under Construction Brochures

Download more than 30 of the most exclusive under construction projects in the Riviera Maya by clicking at the button below:

Trusted Realty Riviera Maya | eXp Realty

(984)-169-1383

Playa del Carmen, Quintana Roo. Mexico. 77714.

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