Tulum, Quintana Roo — The Quintana Roo Secretariat of Sustainable Urban Territorial Development (SEDETUS) has issued a warning against purchasing or investing in the Mayab Tulum development, stating the project lacks the necessary permits and authorizations.
The development, located in Region 012, Block 930, Lot 004 on Calle 12 Sur between Calle 35 Sur and Calle 30 Sur, does not have the required documentation for its execution or sale, according to the agency. Officials urged the public not to engage in any transactions related to the property.
Promoted by LOAM Desarrollos S.A. de C.V., the project faces administrative procedures and legal processes stemming from alleged urban development irregularities. The case remains under review by the competent authorities.
SEDETUS warned that buying a lot or making any investment in a development that does not comply with current regulations could pose financial risks to buyers and lead to potential legal consequences.
The agency reiterated the importance of verifying that any real estate project has the corresponding authorizations before finalizing a purchase, in order to protect families’ assets and prevent potential fraud or legal disputes.
