Vehicle for the acquisition and operation of an emblematic residential project in Riviera Maya, Mexico
In 2018, the Sancus Capital team created a new investment vehicle with commitments of USD 120 million to finance the purchase and development of the Ciudad Mayakoba project from OHL.
Flagship residential project 100% integrated into the Community and located in a strategic location taking advantage of the value of the Mayakoba brand. With an area of 514 hectares, it includes 13,500 homes and a population of 50,000 inhabitants.
It is the first fully planned community in the Riviera Maya, housing residences and lots of different segments, shops, amenities, biological corridors, and the only metropolitan park in the area, among others.
Limited competition in an area with high growth and a high housing deficit and, therefore, with high unmet demand. Potential additional spill derived from the construction and operation of the Mayan Train.