Cancun and its nearby islands are steeped in myths of pirates, hidden riches, and long-lost love stories. Among these, the legend of Fermin Mundaca’s treasure on Isla Mujeres stands out as one of the most intriguing tales. This story combines adventure, romance, and mystery—and continues to captivate locals and visitors alike.
Who Was Fermin Mundaca?
Fermin Antonio Mundaca y Marechaga was a Spanish pirate, smuggler, and slave trader who made his mark on Isla Mujeres in the 19th century. A wealthy man of influence and charm, he built a grand estate on the island, which he named “Vista Alegre” (Happy View). With his fortune and power, Mundaca lived a life of opulence, yet he yearned for companionship. And so began the story that would forever intertwine him with the island.
A Pirate’s Unrequited Love
Legend has it that Mundaca fell deeply in love with a young local woman known as “La Trigueña” (The Brunette). Her beauty enchanted him, and he went to great lengths to win her heart. To impress her, he built lush gardens around his estate, filled with exotic plants, flowers, and stone pathways—an idyllic paradise meant to be a gift for his beloved. The garden even included a sundial inscribed with the words “El tiempo pasa y no vuelve” (“Time passes and does not return”), symbolizing his feelings of longing and the fleeting nature of life.
However, despite his efforts, La Trigueña did not reciprocate Mundaca’s affections. Some versions of the story say she was promised to another, while others suggest she simply wasn’t interested in the aging pirate. Whatever the reason, her rejection left Mundaca heartbroken. Isolated and alone, he withdrew into himself, spending his remaining days on the island.
The Treasure Hidden on Isla Mujeres
It’s said that, in his sorrow, Mundaca buried his vast fortune somewhere on the island, perhaps hoping that in death, he might be reunited with La Trigueña or that his spirit would find some solace guarding his treasure. Local tales suggest that the treasure remains hidden to this day, concealed within the jungle or the ruins of his once-magnificent estate.
Visitors to Isla Mujeres who explore Mundaca’s former estate can still feel his lingering presence. The eerie quiet, the abandoned stone structures, and the aged, overgrown gardens give the estate a haunting atmosphere. According to some locals, his spirit is restless, watching over his hidden wealth, waiting for someone worthy of finding it. But beware—the islanders believe that whoever seeks the treasure must possess pure intentions, or they may suffer a similar fate of heartbreak and despair.
Mundaca’s Legacy on Isla Mujeres
Today, Mundaca’s estate, now known as the “Hacienda Mundaca,” is a tourist attraction open to those curious about the legend. Visitors can walk through the remains of the gardens and marvel at the sundial that serves as a reminder of Mundaca’s longing. Many claim they feel an eerie presence or a sense of sadness in the air—a hint, perhaps, of
Mundaca’s restless spirit.
The legend of Fermin Mundaca is more than just a pirate story; it’s a tale of love, loss, and the eternal mystery of hidden treasure. Isla Mujeres continues to draw visitors who, enchanted by Mundaca’s story, hope to catch a glimpse of his ghost or even—if they’re lucky—find the buried treasure he left behind.
Curious to learn more about Cancun’s pirate legends? Book a spot on our legendary pirate show and immerse yourself in the stories of adventure and hidden riches that define this region. Adventure awaits on the high seas!
