The Inn at Mazatlán is one of the best resorts in town, no doubt. It’s been my home in Mexico since Katrina first took me there over 20-years-ago.
It is not a perfect resort. None are, of course.
One warning to would-be condo investors in Mexico.
Consider the “carrying costs“.
I paid C$5000 for 1 week a year for 23 years. My “condo Fee” started at US$75 / week / year. Very reasonable.
But when my annual bill reached US$400 for that week, I walked away from my unit, unable to sell a time-share with such a high condo fee.
My brother bought a unit at the Inn at Mazatlán about the time I walked away. His condo fee started low and is now well over US$400. He is starting to have doubts.
Fact is, you can rent a week at a 4-star resort in Mazatlán for US$400.
Be sceptical of pretty people and pretty condo pitches in Mazatlán. Things can only get worse for those who own at the Inn. Americans may be required to get a passport to travel to Mexico by 2007. Many will stop travelling to Mexico. Money will get tighter here.
This will further stifle business in Maz, still disaffected from the decrease in travel from the USA after 9/11.
If you have plenty of money, I recommend the Inn at Mazatlán — but it is cheaper to rent as you go.
Russia’s population is expected to fall by 22% between 2005 and 2050, Ukraine’s by a staggering 43%. … Japan … has started to shrink and others, such as Italy and Germany, will soon follow. Even China’s population will be declining by the early 2030s, according to the UN, which projects that by 2050 populations will be lower than they are today in 50 countries.