R.E.I.D. was established in 2006 to offer investors and developers the integrated services and assistance they need with all aspects and complexities of real estate transactions in Yucatan, Mexico. R.E.I.D. combines a complete range of services, from locating the appropriate property to the management of a completed project.
The moment a client engages R.E.I.D. doors open onto a world of investment and development opportunities in Yucatan. A wide array of experienced companies are based in Merida, the capitol of Yucatan State, and many have business relationships with companies in Cancun, Playa del Carmen, Rivera Maya and Costa Maya. This network of resources becomes available through R.E.I.D.
Mexican corporate structure, complex tax laws, tedious banking procedures and lengthy government development regulation make Yucatan a difficult, alien working environment with pitfalls for the foreign investor. We bring many combined years of local knowledge and experience to clients interested in investing and developing in this area.
Case Study: Fuerte de Bacalar
The Canadian owners of the newly formed residential housing developer, Fuerte de Bacalar, entered Merida’s brisk housing market a year ago. Their goal was to purchase strategically located properties throughout the city and build middle-class housing for the Mexican market. R.E.I.D. was contracted to assist in attaining these goals.
Our company’s extensive research into Merida and the surrounding area's growth patterns, newly proposed road systems, long-term government infrastructure plans, population growth figures, as well as our consistent monitoring of housing prices and quality, assisted greatly in the Fuerte de Bacalar decision-making process.
The local knowledge and appropriate contacts we brought to our client provided the essential ingredients of administration, legal and accounting.