The Property has a privileged location, since it is only 5 minutes from the 5th Avenue of Playa del Carmen and 30 minutes from the Cancun International Airport.
The Property is located in the Municipality of Solidaridad in the State of Quintana Roo, Mexico, and has a main entrance on Federal Highway 307, bordered north by Hotel Blue Diamond and south by the Mayakoba development. It lies at the Cozumel Channel, in front of the island of the same name that acts as a protection to the Property.
El Mandarin total land area is 27.2 hectares (67.496 acres) with 210 meters (688.5 feet) beach-front and consists of two parcels: the first of 20 hectares (49.629 acres) and the second of 7.2 hectares (17.86 acres).
Both parcels are joined by an existing road that has won legal rights, allowing the passage of automobiles from the road to the beach, which adds value to the Property since the current law prohibits the construction of roads across mangroves.
Electrification, gas and telephony networks are located at foot of land.
Drinking water: no municipal network, and its supply will be self-sufficient.
Drainage: no municipal network, and its treatment will be self-sufficient.
The existing legal documents of the Property include:
▪ Approved legal entitlements.
▪ Property’s tax statements.
▪ ZOFEMAT permissions.
▪ Lien Release Certificate (will be delivered updated in the buying and selling transaction).