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Thursday
Oct312013

AcaCondos October 2013 Newsletter

How is the weather where you are? Here in Acapulco it’s 85 degrees without a cloud in the sky, what you would call “perfect beach weather”. The high season is arriving and all of the owners of beachfront properties are coming to enjoy their winters sitting on the beach with a cold corona. Last months floods on the outskirts of Acapulco are a memory of the past. All of the highways have been repaired and water and electricity has been restored to the hardest hit areas. The upcoming months are always the most exciting as everyone comes down to escape the cold weather and the humdrum rat race from their lives up north. Acapulco is the perfect place to blow off some steam and reinvent yourself in paradise.

The Mexican economy has been heating up this year and attracting a lot of attention. There seems to have been a never ending array of articles coming out about the optimistic future of Mexico from magazines such as Foreign Affairs, The New York Times, and the Financial Times. The consensus of the opinions is that this is Mexico's time to move forward.

The stage is also being set for Mexico to have a giant boom in the oil sector. Since 1938 Mexico has had laws in place that make private production of oil impossible. This has caused the giant monstrosity known as Pemex to take over the market and have monopoly power. This has doused production to become so inefficient that Mexico, which was once one of the largest oil and gas exporters in the world, is an importer of oil and is soon to be a importer of oil if production doesn’t increase.

As as a response, part of the economic reform that the new president Pena Nieto is implementing is the biggest overhaul of the Mexican oil sector since the Communist takeover in 1938. His proposal, which is set to pass later this year includes a break up of Pemex as well as an amendment to change several articles of the constitution to allow foreign investment in the Oil industry. Charles Ebinger, the energy advisor for the Brookings institute and 35 year veteran in the industry remarker earlier this year "I think if the president of Mexico can truly pull this off it will be a monumental change in global petroleum issues" he predicts that the passing of these amendments will cause an exponential increase in oil production in Mexico

These economic factors are compounded by the fact that many people find Mexico to be a great place to live. The number of people moving from the US to Mexico has been continuously increasing since the year 2000. In fact more Americans have been added to the population of Mexico over the past few years that Mexicans have been added to the population of the Unites States.

 

 

In other words the time is now to get in on the group floor of an economy with tremendous growth opportunity. Why not start with a turn key beachfront property that will pay for itself?

2906S is quite possibly the most luxurious studio in both towers and is priced to sell at $129,500. This beautiful suite has a perfect 180 degree view of one of the most beautiful bays in the world from which you can enjoy the fantastic colors of both the sunrise and sunset every day.

 


View to Bed from Living Room - Click to Enlarge


TV and View - Click to Enlarge


Bedroom Area - Click to Enlarge


Kitchen - Click to Enlarge

We have had many studio sales in the last few months and for this reason have not had a chance yet to get any new ones up on the website. We are in the process of selecting the best deal now so if you are interested please give us a call and we can find one that is perfect for you.

Best Regards,

Jose Ulises Martinez Delgado
Manager @ AcaCondos.com & LTGPS.com 
E-Mail: ulises@acacondos.com
Phone Mexico: +1 52 744 239 4501Skype: joseacacondos2013