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.
more recommended stories
K’u’uk: contemporary cuisine or pure alchemy?
Acknowledged at the Food and Travel.
Mérida, one of the best cities to live in Mexico (and the world)
Dan Prescher wrote an article for.
Hacienda Kancabchén: a call from a distant era just 15 miles away from Mérida
Hacienda Kancabchén maintains great part of.
Amazon launches new debit card in México
MEXICO CITY.- Banorte and Mastercard, together.
Over two thousand dogs and cats have been vaccinated in Valladolid
With the installation of seven locations.
Yucatecan pelicans and flamingos on the brink of becoming endangered species
“Pelicans and flamingos are some of.
Teacher Leaders Present an Innovative Blueprint for Relevant Learning in the Age of AI
What does the fourth industrial revolution.
New technology used in Yucatán to find people lost at sea
As part of a third aspect.
“Pet uh” Civil Association aims to promote Peto, Yucatán
PETO.- In the coming weeks the.
Mexico overtakes Brazil as the largest automobile producer in Latin America
Mexico registered a new record in.