Sponsors:
Fonatur Developments
Mexico’s national trust for the promotion of tourism is known as Fonatur. Its purpose is to stimulate development of tourism sites and infrastructure. One of their most successful developments was the city of Cancun. Before 1970, Cancun was nothing but tropical forest, sand dunes, and empty beaches. Now Cancun is responsible for one fourth of all the tourism revenue that is applied to Mexico’s GDP. Cancun real estate is a very hot item right now. After only five years of development, there are now 18,000 inhabitants, 5,000 jobs, and 1500 hotel rooms.
If you are a real estate investor planning on investing in Mexico, the benefits of following Fonatur’s future development plans are obvious as they are sure to become the next “hot” destination.
Fonatur development areas include: Ixtapa, Zihuatenejo, Loreto, Los Cabos, and Huatulco. Fonatur’s future developments include: Barrancas del Cobre, Riviera May, Costa Maya, Campeche, Tamaulipas, Palenque, and Nayarit
Real Estate Buyers
If you are considering purchasing land in Mexico it’s very important to get proper representation.
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