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KASA Hotel Riviera Maya


Country Mexico
City Puerto Aventuras, Q.R.
Address Lote 29 Mz. 26 Calle, Bahia Kantenah
Phone 52 55 6599 1520
Website https://www.kasahotelrivieramaya.com/

KASA Hotel Riviera Maya Reviews

  • Apr 25, 2022

I owned a lot on the Laguna in Puerto Aventuras, Q. Roo, Mexico. Richard Houghton approached me to do a joint venture on my lot to build condos. He told me he had a successful real estate company, a successful construction company, marketing company and rental mangement company. I agreed to do the project on the lot I owned.

We formed a Mexican Corporation with me personally owning 50%, another partner owning 25% and Richard Houghton owning 25% of the business. Our agreement recognized me as the Controlling partner to fully manage all aspects of the business with a 70% voting rights to all matters related to the business.

We built 19 two and three bedroom condos at our project, named Villas Aqua and sold 12 of the condos, prior to the Covid Pandemic. As the developer of the project, I was only involved with the delivery of the sold condos to our owners, which was completed with delivery deposits upon the payments from the owners.

I was also responsible for the completion and governmental approval of the Condominium Regime for the delivery of the deeds which was delayed for one year due to the Municipal offices being closed because of Covid and due to my Mexican partner, Richard Houghton delaying the process with the attorney he hired for this job.

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