Many real estate developments had booths and displays at the Cancun real estate summit. (PHOTO: sipse.com)
CANCUN — Based on the number of sponsors and given the participation of Americans in the sixth “AMPI International Real Estate Summit Cancun 2016”, expectations for investments up to $30 million dollars were surpassed, said Wexford James Tobin Cunningham, president of the Mexican Association of Real Estate Professionals (AMPI) in Cancun.
“No final numbers yet, but no doubt this figure will be exceeded, since the participation, particularly from the US, exceeded our expectations, and the beginning of all this, when we started doing numbers, was based on that, the number of sponsors and participants from abroad, and as the two are exceeded there is clarity that we’ll be up in the numbers projected,” he said.
Regarding the participation of the US market, he said that what they’re doing is coming to the Summit to search and analyze, making connections and seeing who their notaries will be, so the event accomplishes what it’s meant to do.
“At least four developers already have business with people in North America, and began to make purchase requests”, he said.
Cunningham said the expo was a success. The real estate sector is having a major boom. Cancun has registered growth on a 26% rate annually, according to their indicators.
“There is legal certainty to invest, the authorities take a very active role, in fact the subject of certainty is no longer an issue, everyone complies with their role and that makes things defined”, he said.
Source: sipse.com
Comments
more recommended stories
UNAM scientists develop chemical formula to preserve corpses without refrigerationScientists at the National Autonomous University.
Mexico: among the Top 6 countries with the Best Healthcare in the worldMexico’s outstanding combination of great weather,.
Enter to Win a Dream Destination Wedding in Mexico!Grupo Vidanta, the leading resort and.
Jungle set on fire to build real estate project in Puerto Morelos, Quintana RooPuerto Morelos.- 12 hectares of forest.
Isla Mujeres makes the Travel+Leisure Top 5 island destinations listThe island came in third place.
AMLO’s $7.4 Billion USD Tourist Train Threatens Fragile Ecosystem (Bloomberg)One day last December, Mexican President.
Pre Hispanic Mexico, the ultimate trip for the solo travelerSceptical of this kind of travel,.
Two tourists kidnapped in Cancun’s hotel zone… One has been foundCANCÚN Quintana Roo (Times Media Mexico).
Oops…! he tweeted again.WASHINGTON D.C. (Times Media Mexico) –.
Uxmal reveals new secretsSANTA ELENA Yucatan (EFE) – Uxmal,.
Leave a Comment