Qualified developments
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 Qualified Label. Only those who pass this thorough vetting make it onto our exclusive list of top options for our clients.
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.
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.
Construction Permits
We meticulously verify that the developer has obtained all the necessary construction permits required by local authorities before any project begins.
Land Registration
We ensure that the land is properly registered under the developer's name and that they hold full legal ownership.
Business Registration
We conduct a thorough verification to confirm that the developer is a legally registered business within the country.
FAQ
Developer Reliability: Some developers may not complete on time or meet quality standards.
Research their track record.Delays: Projects can be delayed, so ensure your contract has clear terms for compensation.
Changes in Plans: Developers might alter layouts or materials. Get commitments in writing.
Market Fluctuations: Real estate values may shift by completion. Study market trends.
Legal Issues: Ensure the project has all required permits with the help of a real estate attorney.
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.
Infrastructure: Promised amenities may not be delivered. Research the area’s development plans.
Research the Developer: Check their reputation and past projects.
Hire a Lawyer: Ensure all permits and contracts are in order.
Use Escrow: Make payments only when construction milestones are met.
Secure Contract Terms: Include penalties for delays and quality guarantees.
Check Market Trends: Work with an agent to avoid overpaying.
Visit the Site: Verify the infrastructure and development progress.
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 qualified badge. Only those who pass this thorough vetting make it onto our exclusive list of top options for our clients.
