Beachfront properties in Acapulco and Puerto Vallarta are selling at bargain prices, Coldwell Banker reporting that discounts of up to 40 percent are available. This may explain why marketers of timeshare and similar properties expect their business will have grown by between 10 and 12 percent by the end of this year. Mexico is the second leading market in this area, with Americans and Canadians accounting for about 75 percent of all sales, according to figures announced during the annual meeting of the Mexican Association of Vacation Property Developers.
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Jimm Budd
Reporting From Mexico City
Member of the Society of American Travel Writers
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