Sales and more sales… AMPI reports greater growth than 2022

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The president of AMPI Mazatlán, Ismael Tirado, reported that the biggest challenge this year is to formalize vacation rentals

MAZATLÁN.- Everything seems to indicate that the real estate “boom” will continue for Mazatlán, since the president of the Mexican Association of Real Estate Professionals in Mazatlán reports higher sales growth compared to the first quarter of 2022.

Ismael Tirado mentioned that the first three months of 2023 started with sales of 15 to 20 percent more than those registered last year, which speaks of the interest of buyers in Mazatlán and its developments.

“It is increasing compared to 2022, I have identified up to 15 percent more, it depends on the market segment, but as regards the average, it is between 15 and 20 percent, but the tourism segment has increased by around 25 percent and the industrialist”, he declared.

The real estate professional pointed out that this breaks down, from each development, up to 3.5 sales per month, distributed in more than 100 projects in the port, between commercial, tourist, residential and even industrial.

However, Ismael Tirado remarked, the challenge for this 2023 is the issue of vacation rentals and achieving the transition from informality to formality in this type of development, and thus, reach the end of the year with a better quality in the provision of this service.

“We are placing a lot of apartments, right now the issue will be, when we deliver them, how to generate the vacation rental service for those investors? It makes us improve the quality of vacation rental tourist services,” he said.

Until now, he added, the only metrics that AMPI has to know the behavior of vacation rentals are through platforms such as Airbnb and Booking, these already withhold the Accommodation Tax in Sinaloa since 2022.

Source: Punto