Mahahual is a village on the Costa Maya in the municipality of Othon P. Blanco on the Caribbean Sea coast of the state of Quintana Roo, Mexico. Previously a fishing village, it is now a rapidly developing tourist center.

The village of Mahahual is only about 3 kilometers (1.9 mi) away from the Costa Maya cruise port, and cruise ships can easily be seen from the village. Mahahual has soft sand beaches, grass thatched palapas, and a coral reef a short distance off-shore called Banco Chinchorro, as well as several bars, restaurants, and shops. A new development called New Mahahual is being created directly inland from the port. When ships are in port, the village is busy with cruise passengers.