




The Uxmal development presents a compelling, de-risked investment in the Tulum market. With construction complete ('Immediate Delivery'), the primary execution risk is entirely mitigated—a significant advantage in a market that has seen development delays. The asset is backed by a developer, J.DUBEIBE, with a portfolio of six verified completed projects, providing confidence in build quality and project finalization. At an entry price of $2,578 USD/m², the valuation is attractive relative to a market where condo prices average around 46,000 MXN (approx. $2,700 USD) per square meter, positioning this asset for potential appreciation as the area matures.
The principal risk shifts from development to market absorption and rental performance. The current 33% sold status, while not a red flag for a completed project, indicates a moderate sales velocity that requires monitoring. Furthermore, the Tulum short-term rental market is highly competitive, with AirDNA data showing occupancy rates around 44%. While the strategic location near downtown offers an advantage, achieving consistent high occupancy and yield will depend on superior management and marketing in a market characterized by a significant oversupply of condo inventory.
The asset is in a developing area of Tulum Centro, noted to have paved roads and underground services. The broader Tulum area is benefiting from significant infrastructure investment, including the new airport and Tren Maya, which are expected to enhance long-term accessibility and demand.
The project status is Immediate Delivery , eliminating construction and timing risk. The developer, J.DUBEIBE, is a family-run firm with 6 years of experience and a strong local track record, having completed projects such as Sakbe Village, Ka Sakbe, Sakbe, Mapimi, Tamazula, and Nazas 5.
Please share your email to access this functionality