04 Real Estate News
Ixtapa Zihuatanejo's First Annual Real Estate Fair
By John Glaab
Ixtapa-Zihuatanejo was the site of the First Annual Real Estate Fair. The event was sponsored by Mexico Advisors a firm specializing in cross border tax issues and financial planning, The Settlement Company® and Another Day in Paradise magazine that specializes in real estate.
The week-long event featured seminars, round table questions and answer sessions and daily Property Showcases featuring Open Houses at a wide variety of area developments, showcasing what type of property is available in the Ixtapa-Zihuatanejo area.
Raoul Rodriguez-Walters a Certified Financial Planner and well-known Mexican real estate authority Linda Neil presented an educational seminar on buying real estate in Mexico. This included all aspects of the transaction and the financial laws and tax implications in Mexico. The session was attended by real estate professionals and potential investors. That afternoon, Linda Neil chaired a panel called, “Challenges and benefits of property ownership in Mexico.” The panel answered questions on all facets of Mexican real estate and developing property in this country. On the panel were Tim Sullivan, a local independent broker, David Connell of Connell and Associates a firm of attorneys, accountants and consultants with offices in Mexico City, Zihuatanejo and Puerto Vallarta, (the firm represented clients who were caught up in the notorious Punta Banda land situation), Raoul Rodriguez-Walters from Mexico Advisor, Linda Neil from the Settlement Company® and Lucy Bello the local Broker for Century-21.
On the final day, Raoul and Linda presented a seminar especially for the Spanish speaking members of the real estate industry. Linda also delivered a power point presentation on the Mexican Association of Real Estate Professionals. (AMPI) It outlined the history of the association, its objectives and the strategic plan for 2008. The new Ixtapa-Zihuatanejo Section of AMPI will be inaugurated in March.
About the author: John Glaab has been a member of NAR’s International Section for over a decade. He has earned the Certified International Property Specialist designation and is a founding member of AMPI Los Cabos. He spends half the year in La Paz, Baja California Sur and the other half in Uruapan, Michoacan. For further information John.glaab@settlement-co.co
