Frequently asked questions

What is MAYANREIF? How do we assist with real estate investing in the Mayan Riviera?


MAYANREIF (Mayan Riviera Real Estate Investment Fund) is a real estate investment fund headquartered in Playa del Carmen, Mexico. We specialize in property acquisitions, development, upgrades, and strategic investments across the Mayan Riviera. We pool capital to purchase, retrofit, and develop properties, focusing on delivering high returns through transparent, innovative, client-focused solutions. Our dynamic team uses macroeconomic analysis, advanced technology and deep market expertise to guide investors in investing in the region’s thriving real estate market.

How can I contact MAYANREIF for investment inquiries?


Reach out to us at:

  • Email: invest@mayanreif.com

  • Phone: +1 (437) 990 - 6568

  • Office: Calle 38 Nte, Gonzalo Guerrero, 77720 Playa del Carmen, Quintana Roo

What areas does MAYANREIF serve?


MAYANREIF operates primarily in Playa del Carmen and the broader Mayan Riviera, including Tulum, Puerto Aventuras, Puerto Morelos, Akumal and Cozumel. We specialize in coastal and urban properties in high-demand areas especially in the beachfront zones of the Riviera and also in historic cities in the Yucatan Peninsula such as Valladolid and Merida.

What types of properties does MAYANREIF invest in?


Our portfolio includes condominiums, beachfront villas, multifamily properties, apartments, vacation homes, commercial and industrial properties. We are very focused on high-potential investments like luxurious properties in Playa del Carmen and eco-friendly developments in Tulum — ideal for rental income and capital appreciation.

Who can buy property in Mexico?


Both Mexican citizens and foreigners can purchase property in Mexico. For properties within 50 km of the coast or 100 km of the border (restricted zones, including the Mayan Riviera), foreigners must use a Fideicomiso (bank trust) to hold the title, granting them the same ownership rights as Mexicans.

What is a Fideicomiso, and why is it necessary?


A Fideicomiso is a 50-year, renewable bank trust that enables foreigners to own coastal properties in Mexico’s restricted zones, such as Playa del Carmen or Tulum. The bank holds the legal title, while the investor (beneficiary) has full rights to use, rent, renovate, or sell the property. Setting up a Fideicomiso costs $2,000 – $3,000 USD initially, with annual fees of $550 – $1,000 USD.

What are the requirements for buying property in Mexico?


To invest in a property with MAYANREIF, you’ll need:

  1. Fideicomiso (for coastal properties).

  2. Copy of the real estate title to confirm ownership and clear liens.

  3. Investor’s information (name, date of birth, address, identification).

  4. Beneficiary information (details of primary and substitute beneficiaries).

  5. Signed contract (offer to purchase, promissory, and purchase-sale agreements).

  6. Trust deed (formalizing the Fideicomiso).

How long does it take to buy a property in Mexico?


The process typically takes 2 – 3 months, from property selection to closing. Contract finalization and title transfer can take 45 – 90 days, depending on factors like title verification, notary availability, or whether the property is pre-construction.

What costs should I expect when investing in a property?


Beyond the property price, anticipate:

  • Legal and notary fees: 0.5% – 1% of the purchase price.

  • Fideicomiso fees: $2,000 – $3,000 USD (initial), $550–$1,000 USD (annual).

  • Taxes and duties: 2% – 6% of the property value (transfer tax, registry fees).

  • Property taxes: Usually $300 USD or less per year.

  • Ongoing costs: Maintenance, utilities (electricity, water), and trust fees.

Is real estate in the Mayan Riviera expensive?


Real estate in the Mayan Riviera is generally more affordable than in the U.S., Canada, or Europe. Property prices range from $100,000 to $1 million USD, depending on location and type. Beachfront condos in places like Playa del Carmen are pricier but remain very competitive compared to U.S. coastal markets, for instance. For detailed pricing, contact invest@mayanreif.com.

Can foreigners sell property in Mexico?


Yes, foreigners can sell properties freely. For coastal properties held in a Fideicomiso, MAYANREIF can facilitate the transfer to a new buyer, ensuring a seamless process.

What types of real estate investments are available in the Mayan Riviera?


MAYANREIF focuses on:

  • Condominiums: High demand for vacation rentals in Playa del Carmen and Tulum.

  • Beachfront properties: Villas and homes ideal for luxury rentals or personal use.

  • Apartments: Affordable options in emerging urban areas like Playa Del Carmen’s Centro.

  • Eco-friendly developments: Sustainability projects in Tulum, Akumal and Bacalar.

  • Commercial properties: Retail and hospitality spaces in growing tourist hubs.

Why invest in Mayan Riviera real estate with MAYANREIF?


The Mayan Riviera offers:

  • Booming tourism: The Riviera now attract 13 million+ visitors annually, driving rental demand.

  • Economic growth: Rising GDP and infrastructure development across Quintana Roo and the Yucatan.

  • Affordable investments: Lower costs than immediately comparable Caribbean and U.S. markets.

  • Lifestyle appeal: Pristine beaches and nature, vibrant nightlife, and proximity to Mayan ruins.

  • Diverse opportunities: condos, villas, apartments, commercial and industrial properties available

What are some of the most popular areas for investment in the Mayan Riviera?

  • Playa del Carmen’s Centro: Vibrant urban area with condos and commercial spaces, steps from Fifth Avenue’s shops and restaurants.

  • Gated communities like Playacar and Mayakoba, luxury properties ideal for upscale investments.

  • Tulum: Known for eco-chic properties and bohemian vibes, perfect for sustainable developments.

  • Puerto Aventuras: Marina-front homes and condos for boating enthusiasts.

What are the benefits of investing in Mexico’s real estate market?

  • Significant economic impact, with consistent growth despite global challenges.

  • Burgeoning economic growth with millions of visitors and new residents annually

  • Affordable entry points with stronger appreciation potential than many comparable areas in the world.

  • Attracts international investors due to tax incentives, vibrant lifestyle and low cost of living.

What happens after completing the purchase requirements?


After fulfilling requirements, the closing process starts:

  1. Obtain a permit from the Ministry of Foreign Affairs.

  2. The notary public prepares and reviews the closing deed with all parties.

  3. Pay a 10% deposit (held by a notary, agent, or escrow).

  4. On the closing date, the title transfers, and the notary issues a notarized deed.

  5. The final deed is registered with the Public Property Registry within three months.

What are the ongoing costs of owning a property in the Mayan Riviera?


Annual expenses include:

  • Property taxes: Typically $300 USD or less.

  • Maintenance fees: Vary by property (e.g., condo HOA fees).

  • Fideicomiso fees: $450 – $600 USD annually.

  • Utilities: Electricity, water, and internet.

What additional expenses might arise after purchase?


Renovations or remodeling may cost $15,000 – $200,000 USD, depending on the project. This covers labor (workers, architects, designers), materials, and furnishings. MAYANREIF advises keeping renovation costs below 10% of the property’s market value.

How does MAYANREIF support investors after purchase?


We provide ongoing advisory services, including property management, rental program enrolment and renovation coordination. Our team connects you with trusted professionals for maintenance or legal needs. Contact invest@mayanreif.com for details.

What makes MAYANREIF unique in the Mayan Riviera?

  • Investment fund model: Pools capital for strategic purchases, upgrades, and developments.

  • Market expertise: Deep knowledge of Playa del Carmen and Mayan Riviera trends.

  • Client-first approach: Transparent, tailored solutions for maximum returns.

  • Technology-driven: Use of advanced platforms for market analysis and property selection.

  • Exclusive opportunities: Access to off-market deals, pre-construction projects and top developers

Can MAYANREIF help with real estate development or investment strategies?


Yes, we specialize in development advisory, offering market analysis, feasibility studies, and Fideicomiso guidance. Our fund supports projects from retrofitting existing properties to developing stunning, eco-friendly and luxurious properties. Email invest@mayanreif.com to explore opportunities.

How does MAYANREIF maximize returns for investors?


We optimize returns through:

  • Strategic property selection in high-growth areas like Playa del Carmen and Tulum.

  • Upgrading and retrofitting existing properties for higher value.

  • Developing new inventory in emerging markets.

  • Leveraging rental demand in tourist-heavy zones.

Is the cost of living in the Mayan Riviera affordable?


Yes, Playa del Carmen’s cost of living is lower than in the U.S., Canada, or Europe, making it ideal for families, business professionals, investors, retirees, and expats. MAYANREIF can provide guides on expenses, including housing, dining, active lifestyle and transportation.

Is the Mayan Riviera safe for real estate investment?


Playa del Carmen and the Mayan Riviera are among Mexico’s safest tourist destinations, with robust infrastructure and community safety measures. MAYANREIF offers resources on property security and local regulations.

Where can I learn more about Mexico’s property laws?


MAYANREIF is developing resources on Mexico’s real estate laws, including Fideicomiso and investment requirements. Email invest@mayanreif.com for updates or visit our website for blog posts on property taxes, rental laws, and more.

How do I start investing with MAYANREIF?


Visit our website at mayanreif.com to explore investment opportunities, request a consultation, or learn about our fund’s projects. Contact us at invest@mayanreif.com or call +1 (437) 990-6568 to discuss your goals.

Note: All prices in USD are payable in MXN pesos at the official FIX exchange rate on the payment date, per Banco de México (banxico.org.mx).

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