AMPI (Mexican Association of Real Estate Professionals), the Real Estate Association of Mexico, has announced that a 2019 Real Estate Tourism Summit will be held in Acapulco at the Mundo Imperial Expo from August 28 to 30th.
In a press conference, Pablo Vásquez Rodríguez, the national president of the AMPI, said that this forum has as its main objective to reflect on the changes and challenges that the real estate sector is facing in technological and sustainable matters, with the purpose of strengthening Mexican destinations and make them more attractive to investors. He explained further that the intention of this forum is to strengthen a “niche” market that could represent a huge income potential for the country.
According to Softec, 721 thousand vacation properties are purchased in the United States with a market value of 144 billion dollars, and Mexico has only a 0.3% share of this market. AMPI’s goal is to see this increase to at least 1% in the near future.