Condo & Multi-Family Development in the Riviera Maya

Build condos and multi-family developments. 4-50 units, pre-sale strategy, permits, ROI analysis for Playa del Carmen and Tulum.

Services

Build condos and multi-family developments. 4-50 units, pre-sale strategy, permits, ROI analysis for Playa del Carmen and Tulum. We handle everything from design to completion, including all permits and inspections.

Costs

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Commercial & Development

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Frequently Asked Questions

4-unit building: $8M–$15M MXN. 8-unit mid-rise: $15M–$30M. 12+ unit with amenities: $30M–$60M+. Cost per unit decreases with scale. Land is 20–35% of total investment. Our minimum project size: 4 units.

Typical developer margin: 20–35% on total investment. Pre-sales at 70%+ of units before construction reduces risk. Example: 8-unit building costs $20M to develop, sells for $26M–$30M. Timeline from land purchase to final sale: 18–30 months.

Condominium regime (régimen de condominio), SEMA environmental permit, Protección Civil safety approval, construction license, zoning verification, CFE capacity letter. Timeline: 4–8 months before construction. We manage the entire permit package.

Régimen de condominio is the legal framework dividing a building into individual units. Requires: architectural plans showing common vs. private areas, bylaws (reglamento), maintenance fee structure, and registration at Public Registry. Must be established before individual unit sales.

Yes — through a Mexican corporation (SA de CV) or fideicomiso. Most developers use an SA de CV for tax efficiency and credibility. We help foreign investors set up the corporate structure and connect them with bilingual lawyers and accountants.

We Build Across the Riviera Maya

Playa del Carmen

Our home base. Playacar, Ejidal, Centro, Colosio, Coralina — we know every colonia.

Tulum & Aldea Zamá

Eco-builds, boutique hotels, jungle villas. Full SEMA permit handling.

Puerto Aventuras

Marina-front villas, canal homes, gated community renovations since 2010.

Cancún & Hotel Zone

Commercial builds, restaurant fit-outs, condo renovations in Zona Hotelera.

Akumal & Puerto Morelos

Beachfront construction, eco-resorts, residential builds in protected zones.

Bacalar & Felipe Carrillo Puerto

Emerging market — boutique hotels, eco-lodges on the Lagoon of Seven Colors.

Free: Construction Cost Guide 2026

Real prices per m², land costs, permits, hidden fees. PDF from 196+ projects in the Riviera Maya.

Construction Costs by Location — 2026 Updated

Location	Cost/m² (MXN)	Cost/m² (USD)	Key Notes
Playa del Carmen	$12,000–$25,000	$650–$1,400	Best infrastructure, fastest permits, most suppliers
Tulum	$14,000–$30,000	$780–$1,670	Eco-regulations add 10–20%, SEMA required for all builds
Puerto Aventuras	$15,000–$28,000	$830–$1,560	Gated marina community, premium finishes, HOA rules
Cancún	$12,000–$24,000	$650–$1,330	Zona Hotelera premium, suburbs affordable, best supplier access
Akumal	$14,000–$28,000	$780–$1,560	Protected marine zone, special environmental permits
Puerto Morelos	$12,000–$22,000	$650–$1,220	Quiet beach town, growing expat demand, good value
Bacalar	$10,000–$18,000	$550–$1,000	Emerging market, lagoon-front premium, limited infrastructure

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Our 6-Step Process

Feasibility Study

Market analysis, land cost, construction budget, pro-forma financials, projected ROI. Go/no-go decision.

Land Acquisition

Due diligence, zoning verification for multi-unit density, fideicomiso or corporate purchase.

Design & Engineering

Architectural plans, structural engineering, MEP design, landscape. Optimized for construction cost and sales appeal.

Permitting

Full permit package: SEMA, construction license, Protección Civil, condominium regime. 4–8 months.

Pre-Sales & Marketing

Sales materials, model unit, pricing strategy. Target 70%+ pre-sales before breaking ground.

Construction & Delivery

12–18 month construction. Milestone payments. Individual unit handover with warranty.

Materials Guide for Tropical Construction

Tropical-Approved

Structure: Reinforced concrete 4,000+ PSI, epoxy-coated rebar
Windows: Hurricane-rated aluminum with impact glass
Flooring: Porcelain tile, polished concrete, tropical hardwood
Exterior: Chukum plaster, natural stone, marine-grade coatings
Carpentry: Tzalam, chechen, parota (natural termite resistance)

Materials That Fail

Drywall: Mold within months in 80% humidity
Untreated wood: Termites destroy in 2–3 years
Standard steel: Salt corrodes in 3–5 years
Carpet: Permanent mold in tropical climate
Asphalt shingles: Can't withstand Category 5 hurricanes

5 Costly Mistakes to Avoid

No fixed-price contract — Verbal agreements = 25–40% cost overruns. Demand itemized contracts.
Ignoring hurricane codes — Retrofitting costs 3× more than building right. NOM-031 compliance is mandatory.
Skipping environmental permits — SEMA clausura = forced demolition. We have 100% approval rate.
Hiring 5 separate contractors — Coordination failures + blame game. Our in-house team covers everything.
No waterproofing plan — 1,200+ mm rain/year + high water table = guaranteed leaks without proper membranes.

1-Year Written Warranty18+ Years196+ ProjectsLicensedInsured