Tulum has become the Mexican destination for digital nomads hoping to work from paradise. As developers took notice, a boom ensued. And with it came allegations of stolen land, shady apartment sales and would-be buyers who spent millions of dollars with nothing to show for it.
Home buyers in Tulum thought they were getting a piece of beachside heaven. Instead, they encountered dead developers, unfinished condos and lost their life savings. Read the story – Deception In Paradise: https://www.bloomberg.com/features/2025-tulum-real-estate-fraud/
Listen to the Big Take podcast: How a real estate boom in Tulum has led to alleged frauds, lawsuits and crushed dreams:
Tulum, Mexico has exploded in popularity since the early years of the pandemic. The area’s few Covid restrictions, picturesque beaches and laidback vibes attracted lockdown-weary travelers and helped trigger a real estate boom.
Bloomberg reporters Andrea Navarro and Tanaz Meghjani join host Sarah Holder to discuss the dark side of a pandemic-era development spree in Tulum that has left a trail of ripped off investors, millions of dollars in missing cash and even two bodies in its wake: https://www.bloomberg.com/news/articles/2025-03-27/developers-sold-them-dream-homes-in-tulum-then-came-the-real-estate-nightmare
Watch more mini documentaries from Bloomberg Originals: https://www.youtube.com/playlist?list=PLqq4LnWs3olUDhww8NEcViirkrirzHp27
#Mexico #Tulum #Documentary #RealEstate #Business #Investigation #Fraud
——–
Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it.
Subscribe for business news, but not as you’ve known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.
Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.
Author: Bloomberg Originals
Go to Source
News post in April 8, 2025, 12:07 pm.
Visit Our Sponsor’s:
News Post In – News
