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Pre-Construction Due Diligence in Mexico
Pre-construction purchases in Mexico are development-risk investments, not simple real estate transactions. Buyer protection depends almost entirely on advance legal structuring and documentation, not post-closing remedies.
Key Pre-Construction Risk Flags in Mexico
Selling units before zoning approval
“Permits in process” language
No escrow or trust.
Developer refuses contract amendments
No clear condominium approval
Utilities described as “future availability”
Red Flags
Contracts tied only to “best efforts”
No firm delivery date
No escrow or trust mechanism
Seller retains unilateral right to modify plans.
Contact us for further information on how to best avoid risks when investing in the Riviera Maya