Tulum business owners ask landlords to cut commercial rents
Some commercial rents in Tulum still pass 40,000 pesos a month in the low season. Business owners want landlords to cut them, and about 70 shops have already closed this year.
Reporting and analysis on property, permits, development risk, legality, market trends, and investor context in Tulum.
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Some commercial rents in Tulum still pass 40,000 pesos a month in the low season. Business owners want landlords to cut them, and about 70 shops have already closed this year.
A long-term rental in Tulum averaged 19,066 pesos a month across 113 listings on September 2. What that buys by neighborhood, and the costs the rent leaves out.
Vacation rentals in Tulum have spread into irregular settlements, the hotel association says, and no census exists to count them. Five registries would answer it. None has been crossed.
Routes vanished, occupancy fell, and prices bent. The case for Tulum real estate investment now runs through absorption, a water permit, and a 13-route winter schedule.
A judge ordered possession of parcel 1981 handed over at noon Tuesday, the latest turn in a Tulum land dispute that has run through amparos and reversals since 2016.
Quintana Roo and Tulum authorities urged the public to avoid any purchase, sale, or rental tied to Ocean Tulum, a development they say operates without required permits.
The new Tulum property tax discount cuts 25 percent off bills from past years and half the penalties on old debt, with a September 29 deadline.
Rent in Tulum starts near 10,000 pesos for an apartment in town while the state's average wage is about 9,200. The condo market is correcting. Long-term housing is not.
Units under construction climbed from 1,466 to 13,266 in six years. New figures show Tulum real estate oversupply relative to annual sales, which fell to 1,711.
Tulum Renace targets beach access, mobility, and infrastructure. Restoring tourist confidence, a contributor argues, depends just as much on what hotels and operators decide to do.
Quintana Roo's urban development agency says the Mayab Tulum project lacks the permits required by state law and warns that any purchase or rental agreement there could carry legal risk.
Around 70 Tulum businesses have suspended operations in recent months. The municipal enforcement director points to commercial rents, not permits, and asks landlords to adjust.
The Tulum public space operation starts in La Veleta, where inspectors and municipal police will review street vendors, mechanical workshops, and abandoned property.
Construction of Hospital Joya Tulum has begun, a private investment topping 350 million pesos that adds emergency care, surgery, and intensive care to a growing destination.
Tulum's street commerce operation begins Monday in La Veleta, where inspectors will target unlicensed vendors, roadside mechanic shops and blocked roads before the effort reaches the city center.
A cooling property market reset the math for digital nomads in Tulum, where quiet studios with private pools, real coworking, and nearby cenotes cost far less than they did at the peak.
With Tulum's economy under strain, President Sheinbaum's visit puts public beach access and the Tulum Renace program in the spotlight. Here is what is at stake for the destination.
Tulum's economic development office says Centro Tulum is well advanced and could open between September and October, while a 185 million peso plaza rises in Aldea Tulum.
One resident argues that fixing Tulum does not start at the beach. It starts with reliable power, a pause on empty building, and travelers who stay all year.
Faena Tulum has spent months courting Manhattan's luxury buyers through an exclusive alliance with Serhant, a marketing move rarely seen from a Riviera Maya development.
A new agreement with Mexicana de Aviación adds eight summer flights and discounted packages, the centerpiece of a Tulum tourism recovery plan backed by more than 75 businesses.