yucatán
1. How many residences are included in The Yucatán Residences and what types are available?
The Yucatán Residences is a 66-hectare luxury development featuring 72 private residences and a 40-key boutique hotel. Residences range from 2 to 5 bedrooms, located around a wellness golf course and a recreational lake.
2. How long does it take to receive a completed residence?
After signing the purchase agreement, 2- and 3-bedroom residences are delivered within 12–18 months, while 4- and 5-bedroom residences take approximately 18–24 months.
3. Are the residences sold furnished?
No, furniture is not included in the base price. Buyers can choose between:
- A fully furnished turnkey package by Chablé
- A basic furniture package (excluding décor and accessories)
- An unfurnished option with essential appliances included
4. Can buyers customize or modify their residence?
Yes. During the due diligence period, buyers can request non-structural modifications and add-ons such as a jacuzzi, grill, or fire pit, subject to developer approval and at an additional cost.
ownership benefits
5. What benefits do homeowners receive within the development?
Homeowners enjoy preferential access and rates at the Chablé hotel, including spa services, restaurants, wellness golf, events, and exclusive experiences, subject to availability.
6. Is property management available?
Yes. Owners can access property management services through their HOA services.
7. How much are the HOA (Homeowners Association) fees?
HOA fees vary depending on the size and proportional share of the property. Fees are reviewed annually and may increase based on the Consumer Price Index (CPI).
legal & ownership
8. Can foreigners legally own property in Mexico?
Yes. Foreigners can own real estate in Mexico, including luxury properties, although certain areas require (restricted zones) a specific legal structure for ownership (fideicomiso).
9. What is the “Restricted Zone” in Mexico?
The Restricted Zone includes land within:
- 50 km (31 miles) of the coastline
- 100 km (62 miles) of international borders
Foreigners cannot directly own property in these areas.
10. Is The Yucatán Residences located in the Restricted Zone?
Yes, the development is located within the Restricted Zone, approximately 48 km from the coast.
11. How can foreigners purchase property in the Restricted Zone?
Foreign buyers can acquire property through a fideicomiso (special vehicle bank trust), which allows full ownership rights while complying with Mexican law.
12. What is a fideicomiso?
A fideicomiso is a legal agreement where a Mexican bank (fiduciary/trustee) holds the property title on behalf of the buyer. The buyer (beneficiary/trustor) retains full rights to use, sell, lease, or inherit the property.
13. Who legally owns the property in a fideicomiso?
The bank is the legal title holder, but only as trustee. The buyer (trustor) is the beneficiary and has full control and rights over the property.
14. What is the role of a Public Notary in Mexico real estate transactions?
A Public Notary is a government-certified attorney responsible for verifying ownership, ensuring legal compliance, formalizing the transaction, and registering the property deed.
infrastructure & location
15. What utilities and services are available in the development?
The development includes:
- Municipal water supply and private cisterns
- On-site wastewater treatment system
- Electricity, internet, and telecom services contracted individually by homeowners
16. How far is the development from Mérida International Airport?
The property is located approximately 35 km (22 miles) from Mérida International Airport, with an average travel time of 40 minutes.
