Overview

Muwan is a boutique development of 13 exclusive apartments , offering a unique blend of luxury, comfort, and investment potential in the prestigious tropical location of Aldea Zamá Premium, Tulum. This project is a creation of Fav Living , a developer with over 6 years of experience in crafting sustainable, profitable, and quality real estate projects. The available property types include Condo and Penthouse options, catering to the diverse needs of investors and residents alike.

The strategic value of Muwan lies in its prime location, offering unparalleled access to Tulum's idyllic beaches and the vibrant culture of Aldea Zamá Premium. Each apartment features a private pool , ensuring a luxurious and exclusive experience for residents. The development also boasts a range of wellness-focused amenities , including a sky bar and gym , perfect for a lifestyle of elegance and sophistication. With only 7 units currently available , Muwan presents a rare opportunity for investors to own a piece of tropical paradise, positioned for long-term value due to its exclusive location and unique features. As Fav Living does not offer developer financing, investors are encouraged to explore external financing options to capitalize on this strategic investment opportunity.
PRICE RANGE
From $157,260 USD
CITY
Tulum
REGION
Aldea Zama
BEDROOMS
2
2
TYPES
Condo
SURFACE
73
–
289
m²
AI RATING
Conditional / Further Underwriting
FINANCING PLANS
Available
DEVELOPER
Creamos Desarrollos Inmobiliarios
DELIVERY DATE
Inmediata

Investment Thesis

Investment Memo: Muwan

Market: Tulum | Zone: Aldea Zama CONDITIONAL / FURTHER UNDERWRITING

Analyst Verdict

The subject is a fractional ownership offering in Aldea Zama, Tulum, with a documented 2-bedroom, 2-bathroom unit of 126 m² (103 m² interior + 23 m² terrace with private pool). The listing type is unverified, so we treat it as an unknown-stage offering; the asset data indicates construction is 90% complete with estimated delivery in September 2026, but this is not a confirmed delivery date. The entry price of $2,864 USD/m² is within the Aldea Zama range reported in city research ($3,000–4,500 USD/m²), but we have no matched comparable evidence to assert a premium or discount. The fractional structure—24 tickets of 15 days each—implies a shared-use model, not a whole-ownership condo, which materially changes the underwriting: the investor is buying a usage right, not a fee-simple unit, and the exit liquidity will depend on the secondary market for such tickets, which is unproven.

Return underwriting requires verified rent, occupancy, and operating costs; no numeric return is established.

Bull Case: If the fractional model delivers the source-reported 5% yield on ticket value plus 4% appreciation, and if OTOCH's 60% occupancy is sustained, the investor could achieve a ~9% year-1 return. Aldea Zama's premium positioning and the private pool terrace could attract a consistent rental demographic, especially if the Tulum Renace plan improves infrastructure and tourism. The 24-ticket structure provides flexibility for personal use and rental, and the developer's reported track record, if verified, reduces execution risk.
Bear Case: The oversupply of condos in Tulum and declining hotel occupancy (63.7% Jan-Jul 2026 vs 75.9% in 2024) could suppress rental demand, making the 5% yield assumption optimistic. The fractional ticket model may face liquidity issues on resale, as there is no established secondary market. The developer's track record is unverified, and the 90% construction status is not a confirmed delivery date. If the OTOCH management fee (20% commission) and other operating costs erode net income, the actual yield could fall below projections. The city's public works budget cut and stalled construction projects could delay infrastructure improvements, impacting the area's appeal.

💰 Valuation & Yield Logic

  • Entry Basis: $2,864 USD/m². Relative value requires matched comparable evidence.
  • Rental Demand: Return underwriting requires verified rent, occupancy, and operating costs; no numeric return is established.
  • Asset Differentiation: The documented private pool on the terrace and the 2-bedroom layout could appeal to couples or small families seeking a premium Aldea Zama stay. The fractional structure allows for multiple owners, potentially broadening the buyer pool, but also complicates usage scheduling.

📍 Location Maturity

Aldea Zama is a mature, premium zone in Tulum, with reported price per m² of $3,000–4,500 USD/m². It benefits from proximity to the beach and the Tulum archaeological zone, but the city research notes oversupply and stalled construction. The Tulum Renace plan and infrastructure projects like the airport and Tren Maya are tailwinds, but their impact on Aldea Zama specifically is not quantified.

📋 Asset Type & Status

Listing type is unverified. The asset data indicates a fractional ownership model with 24 tickets, construction 90% complete, and estimated delivery in September 2026, but these are not confirmed. The legal structure of the tickets, the developer's track record, and the property manager's performance are all unverified. These are underwriting gaps, not evidence of elevated risk.

Status: Sales status unavailable | Est. Completion: Verify Listing Type
*Analysis based on current market listings.

Amenities

Information for Social is currently being updated.

Wellness & Recreation

  • 🏊 Resort-Style Pool: A central swimming pool surrounded by lush landscaping, offering a daily retreat for relaxation and recreation.
  • 🌿 Private Terrace: An outdoor living space designed for morning coffee or evening unwinding, extending the living area into the tropical climate.

Services & Comfort

  • 🧺 In-Unit Laundry: A dedicated laundry area within the condo, providing convenience and eliminating the need for external services.
20.1937468
-87.4601411
Muwan

Neighborhood

Price List

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https://static.casamigo.net/MCP/muwan/doc/price-list

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