Why these owners and developers want to participate in the auctions?
We made an expertise of the market and we ended up with this conclusion. The Real Estate market is working really well, professional real estate companies and developers are making a lot of sales in Tulum and Playa del Carmen, and in our case, more than the previous years.
If you have a look at our "home search", you will see that there are more than 9,300 properties for sale in the market between Playa del Carmen and Tulum and so many real estate companies, developers or "independant" sellers that properties are lost in the market and it can take a very long time to sell one property because clients get lost in this market.
In order to help clients to make a very good deal and owners to make a quick sell, I had the idea to organize 4 Private Reserved Auctions per year. I know that it is the first time that it has been done here and people are not used to this but we organize it in the most secured way for clients and owners.
And I insist, the Real Estate market in Tulum and Playa del Carmen is still really good and actually, this month of June 2019, even if we have some sargasso, occupancy in the hotels is at 90%, which is a very good rate for low season because there is a lot of things to do in Riviera Maya (Cenotes, Mayan Ruins, Jungle tours, Sian Ka'an, 5th avenue...).
This private auction is a reserved one where the seller has fixed a reserve price. If the final bid for the property is lower than the reserve price, the seller can accept or reject it. If the final bid is higher or equal to the reserve price, the seller is compromised to sell his property at this price.
The buyer will know the reserve price before subscribing for the private auctions.
Which properties will you find in the auctions and when?
We have the pleasure to invite you to the first Private Real Estate Auctions in Tulum and Playacar, Playa del Carmen. It will end on June 21st at 12 PM (*Local time).
- More information about the properties
- What is a Reserve price auction
- If you want to follow the bids on the auctions: Live Auctions
- How to participate : Link
Those are the properties in auctions: