The Market

The real estate market in Riviera Nayarit is very unique for the fact that the entire project falls between the boundaries of a few different ejido communities. And due to a general ignorance to ejido dealings, and the process of converting ejido land into private property two very different real estate markets have emerged.

There is a market for land with ejido titles, and a completely separate market for private property. Fortunately ejido land is much cheaper than private property, and provides an opportunity for savvy investors to purchase land at a fraction of its value.

Currently most ejido parcels are selling for 25 - 50% of their true value. For example, ejido land selling for $75 per meter could be sold for up to $300 per meter if a private property title existed, providing knowledgeable investors an incredible opportunity. At Riviera Property Group our investment strategy involves securing an ejido price and deferring the payment until the property has been converted into private property.

Remember, ejido land can be safely converted into private property through the PROCEDE program, and the only difference between ejido land and private property in Riviera Nayarit, is that private property is just ejido land that has already been converted.