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Phasing out of Fonatur begins with Cancun, Cozumel land auction

Riviera Maya, Q.R. — A total of 33 federal government plots of land in two Quintana Roo municipalities are up for grabs. The government is hoping to fetch around 830 million pesos for the land which will be distributed through social programs around the state.

The land being sold belongs to the National Tourism Promotion Fund (Fonatur) and is being sold off as the federal agency is being phased out. The undeveloped land being sold are in unprotected areas, which means they can be built upon.

In a press conference, Luis Alberto Bautista Cano, the New Projects and Inventories Manager for Fonatur, reported of the 33 plots, 13 are in Cancun and the rest on the island of Cozumel.

Luis Alberto Bautista Cano, blue shirt sitting down, leads the Thursday Fonatur press conference. Photo: November 23, 2023.

The government-owned land is being auctioned off to the highest bidder. Land that is not sold during the first round will be auctioned off in a second bidding before the end of the year.

In total, 373 lots belonging to the Fondo Nacional de Fomento al Turismo (Fonatur) are being auctioned off around Mexico. States other than Quintana Roo where Fonatur is selling land include Guerrero, Baja California Sur and Oaxaca.