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Would You Buy a Dolphin Resort in Mexico?

Nov 28, 2025
Explore a wild bankruptcy auction for dolphin habitat real estate in Mexico's Riviera Maya. The hosts delve into the risks and potential payoffs of acquiring properties near Cancun. They discuss the inclusion of dolphins, messy title risks, and the need for expert guidance in bankruptcy purchases. Ethical concerns about animal welfare and declines in the dolphin park industry are raised. With 'ditch risk' and safety issues looming, the team considers whether any investor could revive this unique resort opportunity.
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INSIGHT

Three Unique Riviera Maya Parcels

  • The listing is three Riviera Maya parcels: two undeveloped lots and a developed 71,000 ft² dolphin habitat.
  • One parcel fronts a major highway and sits minutes from Cancun airport and a luxury outlet mall.
ADVICE

Engage A Bankruptcy Lawyer Immediately

  • Expect competing liens and complex creditor priority in bankruptcy sales; hire an experienced bankruptcy lawyer first.
  • Don't assume a clean title; plan for lien resolution as part of your diligence budget.
INSIGHT

Foreign Title Risk Is Material

  • Mexican real estate often lacks US-style title insurance, raising transfer and ownership risk.
  • Messy foreign title situations amplify risk when buying assets through bankruptcy.
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