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IXTAPA-ZIHUATANEJO REAL ESTATE GUIDE MARCH 2011

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realestate TABLE OF CONTENTS Real Estate Resources ARTICLES Home & Living 5 Real Estate Law 10 Real Estate News 18 AGENCIES Best Properties 27 Costa Grande Real Estate 25 Ixtapa Real Estate 9, 23,24 I-Z Properties 20, 21, 22 Mexico Beach Properties 28 Judith Whitehead Paradise Properties 15,26 Viva La Playa 13 DEVELOPMENTS Escondite 32 Sotovento Residencies 16 Villa Xiguacan 2 REAL ESTATE SERVICES Connell, Lozano & Associates 31 Teran, Rojas & Associates 31 Galindo Abogados 7 Settlement Company 11 For Sale by Owner 29,30 FOR RENT 30 Land 24,28,29, 30

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BOATS 29

ON THE COVER: Sotavento Residences, page 16

Another Day in Paradise - www.adip.info For Advertising Inquiries, contact info@adip.info, publicidad@adip.info, Tel. 755-544-8023

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Home Building Series, Part V:

By Maura Taylor

Home & Living

Interiors:

Choosing Your Home Appliances

Choosing the right appliances for your home is a matter of form and function. Whether you are looking for a utilitarian, modern, rustic or contemporary kitchen you can be sure to find a suite of appliances that will meet your style and cooking needs.

bulky and more space efficient than their predecessors. Free standing or stand alone units are independent of any kitchen component and can be placed anywhere practical. When considering the kitchen floor plan and design, itâ&#x20AC;&#x2122;s important to factor in your free standing appliances to ensure optimal placement and functionality. Custom or built-in/under appliances are an interesting option for those who are looking for a clean, uniform appearance. Built-in units tend to be slimmer and shorter and are concealed either under or behind a matching kitchen door, cabinet or countertop. The advantage of using Traditional free-standing or built-in/ built-in appliances is the ability to create a seamless kitchen design. The main under appliances drawback to built-ins is their cost; they Appliances are not the ugly giants of the past. Their designs have been updated and tend to be significantly more expensive as streamlined to fit the needs and individual fewer are produced. If you are considering built-ins, itâ&#x20AC;&#x2122;s important that your architect/ styles of their consumers. Traditional designer and builder are all well versed in free standing appliances now come in proper installation of these units as they various colors and finishes and are less

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Home appliances are no longer bulky hunks of metal and plastic; these days itâ&#x20AC;&#x2122;s quite easy to find stylish models for both budget and chic-minded consumers alike. Most well-recognized brands in the United States are also available here in Mexico, though their product offerings are slightly more limited. Eco-minded consumers will also note an improvement in the energy efficiency ratings of most household appliances, optimizing utility costs over time. Here we outline some things to consider when shopping for home appliances.

require precise specifications for proper air flow and ventilation. If not, there may be damage to both the appliance and the kitchen component in which it’s housed.

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home& living

Gas burning or electrical appliances Electricity is a limited and expensive resource in Mexico. Rates are regulated by the government through CFE (the national utility company) and fluctuate considerably depending on the time of year and overall energy demand. Energy costs increase during the summer and at the year’s end. During summer months, energy costs are driven up by the higher demand for A/C and at year-end to cover CFE’s equipment and maintenance fees, along with a nationally mandated yearly bonus which is given to all CFE employees. CFE’s aging infrastructure is in need of a serious overhaul; frequent power outages, surges and brownouts are a common occurrence here in Zihuatanejo. Therefore, it’s important to buy energy efficient and consider gas-burning appliances whenever possible. An alternative to electrical is LPG gas, a more economic choice. Most homes and condo complexes have a 300 liter or larger stationary gas tank, which is filled as necessary. LPG gas in Zihuatanejo is rated at $5.53 pesos per liter, and depending on usage, a 300 liter tank may last up to several months. Although electrical appliances may use energy more efficiently, they may over time cost more in Mexico than in the United States. Those appliances with electronic or computer automated features are more susceptible to corrosion, short-circuits and deprogramming due to the high humidity and salt content of our local environs. Although the normal cycle in Mexico is 60Hz/second, unreliable service

by CFE may cause undue wear and tear on electrical appliances. Opt for appliances from reputable manufacturers; GE, Whirlpool, Maytag and LG are all well recognized brands with reliable local service technicians. Most all of these brands can be sourced at home stores such as Sears and Liverpool. Higher end models such as GE Monogram series are normally special order items. The retail price of these products is generally twice that of their U.S. equivalent and lead times for special orders can be lengthy. Higher end models are also more difficult to service locally and find replacement parts for when and if the occasion arises.

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HoMe& living

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Photos: GE Appliances, Photos by Maura Taylor

imported or nationally manufactured appliances Considering the variety of built-in and stand alone appliances available in Mexico, it makes sense to buy these products here. Aside from supporting the national economy, there is a major advantage to buying in Mexico when it comes to warranty and servicing. All brand names mentioned in this article have a local office and provide general service, maintenance and part replacement. They also honor product warranties. Imported appliances, especially high end American or European products will be harder if not impossible to service here in Zihuatanejo; eventually leaving you with a very nice looking but ultimately useless piece of equipment. Bottom line is when shopping for your home appliances; consider these factors as part of your overall decision making process. The best home appliances are well-designed, reliable and will require only minimal ongoing maintenance. They are the workhorses of your household and choosing them with the appropriate due diligence is time and money well spent.

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This is the 5th article in a series on the elements of home construction and the builder services & materials available here in Zihuatanejo, to read the previous articles, go to www.adipdigital.info

about the author: MAURA TAYLOR is a Zihuatanejo resident who provides highly personalized construction management, interior design and relocation services for expatriates emigrating to Mexico. You can find Maura on the web @ www.zihuaid.com, by phone (044) 755 101 9711 or via email: info@ zihuaid.com.

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By linda neil & don d. nelson

real esTaTe law

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The Fideicomiso (Mexican bank trust) Controversy and Forms 3520 and 3520A; Is it, or is it not, a trust under IRS rules?

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Sunset on Zihuatanejo Bay, Photo by Page Cameron.

Per Internal Revenue Code Section 6048 any trust established in a foreign country by a United States citizen must file certain forms with the U.S. Department of the Treasury (Internal Revenue Service) each year.

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real esTaTe law

realestate Forms 3520 and 3520A must be filed by anyone who holds an interest in a foreign trust as a beneficiary. These forms are many pages long. The form 3520A is due on March 15th following the end of a calendar year. Form 3520 is due on the extended due date of the taxpayer’s personal tax return. These forms must be filed each year that the foreign trust is in existence. These forms report on the assets, liabilities and income and expenses of the foreign trust. If the U.S. taxpayer has deposits in foreign banks, stock brokerage accounts or other foreign financial accounts and when the highest balance in those combined accounts equals or exceeds 10,000 USD, during a calendar year, form TDF 90-22.1 must be filed by June 30th following the end of each calendar year. This form is not filed with taxpayer’s personal tax return and cannot be extended beyond that due date.

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Any U.S. citizen who holds an interest of 10 percent or more in a foreign corporation must file form 5471 and must be filed on the due date of taxpayer’s personal form 1040 each year. There are similar rules and special forms for U.S. taxpayers that hold interests in foreign partnerships and foreign limited liability companies. The penalties for non-filing or late filing of any of the forms mentioned above can be 10,000.00 USD or more. Recently there has been news in the media and on the internet that the

Mexican bank trust (fideicomiso) probably should not be included in this filing requirement. Some attorneys believe that the Mexican bank trust, (fideicomiso) may not be a foreign trust and does not meet the criteria which requires filing of forms 3520 and 3520A. Some of these attorneys have also hypothesized that no reportable event occurs when a U.S. taxpayer acquires a property in fideicomiso. This is great in theory, but here are the facts: -The IRS has never issued any written ruling or opinion whether or not a fideicomiso is a foreign trust and IRS sources state it has no intention of doing so in the near future. -Under U.S. tax law, an oral decision made in an individual’s tax matter CANNOT be cited as authority by another taxpayer in a similar factual situation. -No one has received a private letter ruling that the Mexican fideicomiso is not a foreign trust nor have any court cases so decided. Unfortunately, most of the standard wording in a Mexican fideicomiso document reads just like the wording of a foreign trust. A representative of the IRS General Counsels Office has said that since the IRS has not yet (nor may ever) issued a ruling that a Fideicomiso is not a foreign trust; it is not advisable to rely on an opinion on that requirement that does not come in writing from the IRS. The fact the IRS will not issue a written opinion on fideicomiso filing requirements should be cause to worry. It would be easy

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realestate for them to issue written guidance if they really were certain that the beneficiaries of fideicomisos did not have to file the foreign trust forms. Currently in almost all situations, anyone who has filed these forms late and included a late filing excuse has not been assessed penalties. Those who have filed the forms late and did not include a late filing explanation have been assessed penalties, but have subsequently been able to get the penalty abated after appealing. This could change in the future. In conclusion, common sense requires that the taxpayer file the Forms 3520 and 3520A, unless the IRS states in writing that it is not necessary to file these forms. Any U.S. taxpayer should file if he/she wishes to avoid time consuming and expensive audits and court litigation.

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The foreign trust forms do not change the existing rule that; rental income from the real estate held in fideicomiso must be reported on personal U.S. tax returns. There are also reporting requirements in Mexico. If the property is sold, the gain or loss must be reported under the same rules that apply to personal or rental property located in the United States. If sold at a gain, a credit for Mexican taxes paid on that gain can be taken against the U.S. income tax on any of the gain which is taxable on the taxpayerâ&#x20AC;&#x2122;s U.S. tax return. It should be kept in mind that there are attorneys out there writing articles and

issuing written opinions stating various positions on all aspects of the United States income tax law. Some of those opinions are correct and some are not. Generally the taxpayer must go to court to determine if the opinion is correct unless the IRS later concedes this in writing. For approximately five years, the IRS has known that certain attorneys have expressed that a fideicomiso should not have to file Forms 3520 and 3520A. The IRS has not agreed as of this date.

about the authors: LINDA NEIL is the founder of The Settlement Company-the first escrow company in Mexico, and is dedicated to processing the trusts and title transfers of Mexican real estate for foreign buyers and sellers for properties located ANYWHERE in Mexico. Ms. Neil is also licensed as a Real Estate Broker in California, is an Accredited Buyer Representative through NAR, and has over thirty five years experience in all aspects of Mexican real estate and holds membership in AMPI, NAR and FIABCI and PROFECO Certificate 00063/96. linda.neil@settlement-co.com DON D. NELSON. - Attorney and C.P.A. has over 31 years of experience in U.S. international taxation, tax law, expatriate taxation, and assisting US Citizens, Americans, permanent residents and nonresidents with their U.S. tax problems, returns, planning, and other tax and legal matters. Visit Donâ&#x20AC;&#x2122;s websites at www.taxmeless.com, www.expatattorneycpa.com e-mail: dondnelson@ gmail.com

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By Linda Neil

real estate news

realestate

Sunset on La Ropa Beach, Zihuatanejo, Photo by Page Cameron.

MEXICO RENTAL INCOME: PAYING TAX IS NOW EASIER THAN EVER AND WITH STATESIDE BENEFITS!!

Those who have rental properties in Mexico can now rest easy. SAT, Mexicoâ&#x20AC;&#x2122;s Uncle Sam, has provided a straightforward and relatively simple way to declare and pay taxes on rental income for those foreigners who have long wished to be in compliance but did not know the way to do so.

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As of February 2010, SAT eliminated the requirement for a taxpayer identification number (RFC) which had previously been obtained only through extreme efforts,

Option Two provides for the taxpayer to make a declaration when income is received, pay a flat tax and obtain a receipt to take to the tax authorities in his/her tax residence, for credit or deduction of taxes in the home country. On any rental the owner, or his/her property managers, are responsible for collecting the IVA tax (the added value tax) which is 11% on the Baja and Yucatan peninsulas and 16% elsewhere. The owner or property manager must also collect the state hospitality tax which is 2 to 4% of the rental amount. These taxes must be delivered to the federal and local governments, as applicable.

Now the foreign taxpayer has two options: One to obtain the taxpayer identification number (RFC), file monthly declarations whether there is income or not, and enjoy a It is important for the foreigner with rental deduction of expenses. This is Option One. property in Mexico to make arrangements

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The next part of the equation for the US taxpayer has been deciding how to declare this income and enjoy the deductions in their US returns. Don Nelson, Attorney and Certified Public Accountant located in California reports the following regarding tax treatment for U.S. taxpayers: -If the Mexican rental property owned in an individuals name or through a Fideicomiso, all rental income and expenses are reported on Schedule E of the form 1040. -Allowable rental expenses are the same as for a US property. -Management fees, interest, property taxes, utilities, repairs, maintenance, association dues, insuranceâ&#x20AC;ŚALL are deductible! -Depreciation on a Mexican property is 40 years straight line -Taxpayer can take a Foreign Tax Credit against the US income tax paid on the net rental income for income taxes paid in Mexico on that income. -IVA (added value tax) collected from the renter must be included in rental income, but then deducted out so no double taxation.

-The special Vacation Home rules applicable to US rental property occupied part time by the owner is also apply to Mexican rental property. -IN A SALE OF THE PROPERTY, net gain is taxed in the US at the applicable lower capital gains rates and Mexican ISR paid is a credit against that US tax on that profit. For further information on the Rental Payment Program for Mexican properties, please contact: Lic. Quirino Parra: quirino.parra@ settlement-co.com. For further information on the payment of US taxes when Mexican income is involved, please contact attorney and CPA Don D. Nelson: ddnelson@gmail.com . His website is at www.taxmeless.com.

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for payment of these taxes since penalties can be high in Mexico for non-payment and, additionally, these same tax payments and expenses can be deducted or credited against income in taxpayerâ&#x20AC;&#x2122;s home country.

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real esTaTe lisTings

iz properTies Centro Comercial ixtapa plaza, local #1, ixtapa (across from Hotel emporio) Tel. (755) 553-3322, us Tel. (213) 265-9654, Canada & Midwest us (651) 327-3606 www.izproperties.net, e-mail: info@izproperties.net

THe 2 level penTHouse in doce soles, a small upscale complex in the hills of Contramar is now available. recently renovated, it boasts marble floors, upgraded custom cabinetry in kitchen, and two terraces with killer views of all of palmar Bay and the gorgeous sunsets. reduced to $470,000

ensueĂ&#x2018;os 10 - evolving inTo a greener ideal oF luxury, a new model for ecological condominum development our 7 small standalone condominiums will be gracefully distributed on the sloping hillside overlooking playa la ropa and zihuatanejo Bay.

3 BedrooM, 2 BaTH CondoMiniuM in the prestigious Marina del sol complex on the beach. Beautiful views of the beach and ocean in front, and the Marina from the back bedrooms. well maintained comfortable condo with a/C throughout (furnishings included) aT $495,000.

inCrediBle unoBsTruCTed views of the ocean and palmar Bay. This beachfront one bedroom condo is brand new and has never been occupied.you not only have million dollar ocean views, but also majestic inland and mountain views from the Master Bedroom. great rental unit also. priced to sell quickly at $195,000.

single FaMily HoMe in golondrinas area. Just a couple of blocks from town center and the beach.approximately 200 square meters of construction. 3 bedrooms, 3 bathrooms,large living room leading out to the swimming pool in the backyard. large 1200 square meter lot right along the golf course. listed at $249,000 usd

3 BdrM, 2 BaTH 1820 sQFT zihuatanejo condominium overlooking laropa Beach and the Bay. indoor/outdoor living at its best with tiled jacuzzi on enormous terrace with weather protected bar and kitchen. Huge living room with gorgeous views to the bay. Hand laid marble floors throughout. great rental! $419,900 usd.

CoMpleTely renovaTed from the marble floors up, this 3 bedroom, 2 bath porto ixtapa condo has what it takes for those looking for a more "residential" feel. incredible ocean and Marina views from the dual patios. Custom cabinetry in modern kitchen with stainless steel countertop. inviting jacuzzi, fantastic views. $475,000 usd.

BeaCHFronT 2 BedrooM, 2 BaTH condo with spectacular view of the entire bay. granite countertops in kitchen and upgraded bathrooms with marble countertops. soak in the jacuzzi on your terrace as you watch the sun sink into the pacific. located in preferred north Tower. priced at $385,000 (includes furnishings)

MagniFiCenT 11,000 sQuare FooT designer home on the promontory overlooking the pacific ocean and its own private cove. ocean views from every room make this one of a kind home the most spectacular in ixtapa. For those with discriminating taste who want the best of the best. price reduced to 4,900,000 usd.

THis well-MainTained sTaTely custom 4 bedroom home with beautiful private yard and pool is located in the very prestigious villas de las garzas area of homes. priced at $350,000 usd.

D L O

live THe dreaM in an araMara HoMe in prestigious Contramar. ocean views from every room. each house with its own infinity edge pool. 24 Hour security and private beach access. From 475 square meters. priced reduced to $900,000 usd (includes furnishings).

3 BedrooM, 2 BaTH Two level Club Costa condo nicely furnished. Two pools in well maintained and managed complex. Just a few short blocks to the beach and town center. Furnishings included at 1,600,000 pesos Mn.

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ForgeT everyTHing you THougHT aBouT THe BesT views being on the highest floors. This second floor four bedroom amara condo has the most magnificent views to see while sitting down in your own family room! Tastefully furnished throughout and priced to sell at $520,000!!!

very privaTe sMall CoMplex siete lunas (seven Moons) at the end of the cul de sac overlooking the Blue pacific ocean in prestigious Contramar. seven luxury 3 bedroom condominiums with highly upgraded kitchens await your arrival. your choice of floorplan in each 1800 square foot unit (no extra charge). From 456,333 usd.

only 3BdrM CenTral Tower resale on the market! designer custom furnishings and lighting. priced at less than cost at pre-construction. large living area & bedrooms. ultimate in luxury on the beach! owner is turning down scores of rental requests to keep this condo readily available for purchase. priCed inCrediBly low aT $595,000 usd!

CoMpleTely reModeled reCenTly, this two bedroom, two bath premium corner Monarca condo located on the sixth floor has the most expansive views. Custom cabinetry throughout. Beautiful etched marble floors. unique indoor/outdoor living room/terrace with disappearing sliding glass doors. priced reduced from $415,000 to $395,000.

BeauTiFully deCoraTed 4 BedrooM, 4 bath plus service quarters condo in 5 star amara complex on the Beach. Best views in entire complex from this 10th floor condominium. Features galore in this condo from the motorized shades in the kitchen and living rooms to the large flat screen Tv. price reduced from $550,000 to $485,000.

uniQue Corner properTy with two homes on one lot. located in the upscale professional section of el Hujal. live in one home and rent the other, or, use as a business office. plenty of private parking with access to two streets. Beautiful garden in center of lot. priced at $225,000 usd.

Vista de las Rocas #6 Unique 2 bdrm +2.5 bath townhouse villa in exclusive area of Ixtapa above the Villa de la Selva restaurant. Classic Mexican style architecture, ample spaces & spectacular views + private 1-car garage set this property apart from the competition. New Listing $239,000 usd

Amara Ixtapa #1201A 3 bedroom, 3 bath 12th floor, beach front apt in the heart of Ixtapa Beach with custom, expanded kitchen, spacious lvg & dng areas, with panoramic view of Ixtapa Beach, The Pacific Ocean and year-round sunset views. Slashed to $495,000 USD

Villas Ixtapa Casa #3 Single family home located within Villas Ixtapa Condominium which consists of just 3 residences sharing a common pool and gardens. The 2 storey house has 3 bedrooms each with private bath. Large living & dining area, newly remodeled kitchen and 2 covered terraces. Only $287,500 usd

Marina del Sol #502A 3 bdrm, 2 bath, 5th. Floor, beachfront apt w/ equipped kitchen, ample dng-lvg areas located within Ixtapaâ&#x20AC;&#x2122;s premier condominium complex, Marina Del Sol. Amenities include underground parking, Paddle Tennis, large pool and garden areas. Buy it now @ $420,000 usd

Cascada #821 1 bdrm, 2 bath, 3RD. floor, bay view apt w/ equipped kitchen, dng-lvg area, covered terrace and loft. Conveniently located within easy walking distance to La Ropa Beach. Excellent rental income producing potential. Offered furnished & equipped. Reduced to $140,000 USD

Amara Ixtapa #802B 4 bdrm, 4 bath 8th. Floor apartment with modified floor plan in Amara Ixtapa in the heart of Playa Palmar. Amara is conveniently located to the shopping and restaurants of Ixtapaâ&#x20AC;&#x2122;s commercial centers as well as to the 2 championship golf courses. New Listing $585,000 usd

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IXTAPA REAL ESTATE Tim Sullivan, Carmen Diaz de Sullivan Tel. (755) 553-3218, (755) 553-3219, Cel. (755) 108-5071 www.ixtaparealestate.com, e-mail: ixtaparealestate@prodigy.net.mx

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IXTAPA REAL ESTATE Tim Sullivan, Carmen Diaz de Sullivan Tel. (755) 553-3218, (755) 553-3219, Cel. (755) 108-5071 www.ixtaparealestate.com, e-mail: ixtaparealestate@prodigy.net.mx

Villas Playa Blanca Villa 4 3 bdrm, 3 bath Villa located 20 minutes south of Zihuatanejo & Ixtapa on the expansive Playa Blanca area of Zihuatanejo w/ easy access to both Barra de Potosi & the International airport. An excellent option for the wise buyer in search of proven return on investment.Value @ $390,000 usd

Pantla Beach 13,000 square meter (3.2 acres) beach front parcel located on Pantla Beach and accessed from the Ixtapa-Troncones Highway via the Buenavista Village exit. The Property has potable water and electricity at property line. It is suitable for single or multi-family construction. Bargain at $100 usd / m2

Isla Alegre Villa #2 Imagine yourself swaying in this hammock, awaiting the arrival of the yacht at your private 40ft dock. This villa contains 3 bedrooms with 3 bathrooms, ample kitchen and large living & dining areas plus the covered patio & garden areas. Only $420,000 usd

Preciosa on the Bay #301 3 bedroom, 3 bath condo with impressive views of Zihuatanejo Bay and the Pacific Ocean. Located in 10-unit complex with elevator, parking, pool and on-site administration. Playa La Ropa is just a few minutes walk away. Fully equipped and ready to move into. Buy it now @ $355,000 usd

Doce Soles #1A 2 bedroom, 3 bath two-level apartment located in the 12 unit Doce Soles Condominium in the Contramar Residential section of Ixtapa. Motivated sellers. Lowered to $340,000 usd

Playa Blanca Lot #44B Beach front lot on Playa Blanca just North of the Barra de Potosi estuary. The lot measures 25 meters wide by 100 meters deep. Perfect location for the ocean front home of your dreams. $2,500 pesos per m2

CASA CONTENTA,Spectacular home with an amazing ocean view, in El Hujal. With 4 bdrs, 4 bath, completely furnished, pool, garage, and large garden. This home is a great buy for anyone looking to spend time in Zihuatanejo Recently lower price now $350,000 USD.

CASA LA ROMA, A large home with a breath taking view of the Zihuatanejo bay located in Los Romanceros. With 5 bedrooms, 4 bathrooms, garage, jacuzzi, AC, 2,700 SQ FT. This cozy home is 5 mins walking distance to down town and priced to sell at $250,000 USD.

BREATHTAKING PENTHOUSE IN LA MADERA, located just minutes from el Centro and right next to the beach. This affordable penthouse has 3 bedrooms, 3 bathrooms, comes completely furnished, 2 pools, and parking. This is a steal at $275,000 USD. Hurry up and take advantage of this beautiful property.

CLUB LA MADERA, one of a kind, just put on the market. is one of only two condos in this small development, with breath taking views of the bay. Located right on La Madera beach, it has 1050 SQ FT, 2 bathrooms, 2 bedrooms, completely furnished, and comes with the exclusive rights to the private roof top patio / palapa of 1000 SQ FT. Priced to sell at $250,000 USD.

The most exquisite condo available in Ixtapa. Located in the Monarca tower, this 2 bedroom 2 bath condo will blow you away when you see it. Recently remodeled, well worth your time to look at. Fully furnished, in the Ixtapa Marina. Pools, gym, tennis court, beach club, and 24 hour security all on site. Asking price $395,000 USD.

The best value for your buck in Ixtapa. This penthouse in Las Iguanas in the Ixtapa Marina, has just been put on the market. Completely remodeled, fully furnished, with 2 bedrooms 2 bathrooms, an amazing beach front and the best location for your second home in paradise. Asking price $ 275,000 USD.

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Costa Grande Real Estate #62 Nicolas Bravo, Centro Zihuatanejo, Gro. Tel. 755 554 1999, Cell 044 755 100 7100 www.costagranderealestate.com

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Judith Whitehead, Paradise Properties www.paradise-properties.com.mx Tel. 755 554 6226, Cell: (52) 755 557 0078, U.S.: 1 (321) 206 4131

Casa Que Ve Al Mar Penthouse - Designed for tropical comfort and beauty. Great kitchen, dipping pool, view of the bay and ocean. 2 bdrms, TV room, Enrique Zozaya signature showers. US$695,000

CASA QUE VE AL MAR - REDUCED TO SELL - This 2 bedroom, 2 bath condo has a fabulous view from the bay to the ocean. It is well maintained, furnished with everything you need to live the good life, and the owner is anxious to sell. Also makes a good rental property. US$229,000. A steal!

CERRO DEL VIGIA - A charming home with 4 bedrooms, 4 baths and even a woodworking shop on the bottom level. This is 4,500 sq. ft. of pure pleasure. Large pool, 360째 view of town lights, bay, Las Gatas and the ocean beyond. US$799,000.

Sale - Golfcourse Elegance - Designed by Enrique Zozaya, overlooking the lake on the Palma Real Golfcourse, own private golf cart garage 2-story home with all the design accoutrements you find in a Zozaya home. Walled for privacy, 3 BR, 5 bathrms, unfurnished Listed at: US$795,000

Ixtapa Palma Real Golfcourse - Small community of 10 villas on the 9th hole. 2 floors with 2 bedrooms, 2-1/2 baths / large terrace facing the garden & balconies from the bedrooms. Manicured gardens. Off-street parking and caretaker on premises. US$179,000

BAY VIEW GRAND MARINA - Be the King of the World in this new 1-BR, 1 bath 9th floor condo with beautiful details, nice kitchenette, and your terrace on the front to meditate on the beauty of the world you behold. Lightly furnished. Priced to sell. US$195,000.

Best Properties Centro Comercial Los Patios, Local 101-A C.P. 40880, Ixtapa, Guerrero Tel. +52 (755) 553 1428, +52 (755) 553 1429 www.bienesraicesixtapa.com, ventas@bienesraicesixtapa.com

Condo in Bay View Grand Residential, 4 Bedrooms, 4 baths, service quarters with bathroom. 2th Floor with wonderful ocean view. Offered fully furnished. Construction: 321.05 M2 (3457 sf) Price $690.000 USD

Condo in Bay View Grand Residential 2 Bedrooms, 2 baths8th. floor with wonderful ocean view Is offered furnished and fully equipped. Construction: 147.57 M2 (1589.32 sf) Price : $365,000 USD

House located in CAMPO DE golf 2 Bedrooms 2 Marina Bay View Grand 1 Bedroom, 1 Bath, 7th floor, 1/2 Baths, Studio, garden and parking This unit is of- Unfurnished, Construction: 86.47 M2 Price: $157,446 fered furnished, Construction: 315 M2 (3392 sf) Price: USD $225,000.00 USD

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Condo in Bay View Grand Residential 3 Bath- Condo Located in Nรกutica, 2 Bedrooms, 2 baths, rooms, 3 baths, with quarters. 8th floor Central tower 3rd floor. This unit is offered unfurnished.C onstruction: wonderful ocean view Is offered fully furnished Con- 100 M2 (1077 sf.) Price: $1,490,000 pesos struction: 208.53 M2 (2245.86 sf) Price: $550,000 USD

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Doce Soles. For Sale one of the best appartments in Ixtapa. Spectacular view.Fully equiped with top of the line appliances. 3 bedrooms, 2 bath, TV room, laundry and a huge covered terrace facing the ocean. Info: mobile phone 044 755 1216469. By appointment only.

A wide variety of homes and commercial properties are available in the coastal area of Zihuatanejo and Ixtapa. If you are searching for the perfect home, second home, investment or development property please contact John Murphy at (755) 120 2637 (cell) or email john@mexicobeachproperty.com

El Secreto del Mar. For Sale 3 residential and condominial lots on La Ropa Area. 579, 658 and 839 sq mts. Great ocean view. Only 500 steps to the best beach in Zihua. Business opportunities. Info: mobile phone 044 755 1216469. By appointment only.

2011 is opening with excellent values on beachfront property. Troncones lots offered from $200,000. Large Saladita lots offered from $250,000. Owners are anxious and prices are negotiable. Contact John Murphy at (755) 554 0719 or email john@mexicobeachproperty.com

El Secreto del Mar. Spectacular house For Sale with a great view, overlooking La Ropa Beach.3 Bedrooms, 2 bath and a huge infinity pool. Reduced price from 750K to 625K for few days only. Info: mobile phone 044 755 1216469. By appointment only.

Must sell! Beautiful Troncones beachfront home on Manzanillo Bay offered at $450,000. 1 br main house with full kitchen and bath. 1 br guest cottage with kitchen. Tropical hardwoods, large lot, good rental. Contact John Murphy at (755) 120 2637 (cell) or email john@mexicobeachproperty.com

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VILLAS SAN SEBASTIAN 1 & 2 bedroom apartments, fully furnished and equipped with all of the comforts of home. Overlooking La Ropa beach and Zihuatanejo Bay. Call 755-544-4154 or go to www.valleproperties. com for photos, availability and rates.

FOR SALE: 4500 sq foot, 4 bed, 4 bath. home on 535 sq meter lot in gated Cerro Del Vigia, spectacular view, palapa bar, great house for personal use or rental. call 044-755-556-3395 or 250-244-6461 agents welcome. See http://goo.gl/1Vb7I (case sensitive) for a virtual walk-through

IXTAPA GOLFERâ&#x20AC;&#x2122;S PARADISE b/t hole 1 and 18 of Marina Course. 3 level condo, 3 bed/4bath + service quarters. 3 large covered terraces including soak tub overlooking golf course. Pool, ocean, marina, and tennis are steps away. 40â&#x20AC;&#x2122; boat slip available. $295,000 USD 755-125-0210, gailrick@hotmail.com or http://goo.gl/cJg1G (case sensitive)

2004 Key Largo 23.5 foot Center Console. Twin 115 HP Yamaha Four Strokes, apprx 400 hours, GPS Map, washdown pump, outriggers, marine radio, stereo. 2007 Continental Aluminum Tandem Axle, GVWR 7,000 lbs. with disc brakes. $25,000 USD. carolanddougromain@gmail.com phone 250 244 6461 or 044 755 556 3395

Beautifully renovated & appointed panoramic views, full security make this 2 bdrm villa in a prestigeous gated community a very attractive option to buy, at a realistic price. Pools, restaurant, tennis courts and lush gardens complete the picture. USD440,000 neg. villarojasb@gmail. com http://goo.gl/aXuhE (case sensitive)

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Beautiful private lot in Playa Larga 1316 m2. 14.33 beach front, access & 2 wellls, more info at playalarga1@gmail.com, Tel. 755-104-8360, $296,000 USD

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PÁTZCUARO LA CASA ENCANTADA B&B The “Magic Pueblo” For Sale/For Rent – Beachfront Hotel in Troncoof the Old Colonials is so easy to get to! Visit La Casa Ennes. 4 bungalows, 5 king suites, 3 family suites and one cantada B&B. We can arrange door to door transportation. 2 bedroom executive suite, all with great views, steps Come see Pyramids, the Copper Town, Folk Art..history and from the beach. Restaurant, Full gym, Parking $75 US beauty are only a few hours away. www.lacasaencantada. - $150 US / night. For info: www.micasasucasa.ws com Come let us spoil you in our 17th Century Mansion.

Long/Short-term rental, Ixtapa, Club de Golf Fully furnished, fully equipped, 3 Bdrm, 3 Bath home w/mother-in-law’s apartment in Ixtapa. Jacuzzi tub, beautiful blue tiled pool, large palapa covered entertaining area, washing machine, walled for security and privacy. 18,000 pesos or 1,500 US per month. Contact patrickcrosby@verizon.net for more information

Troncones Beach Bungalows, For Rent, from $98.00 per night. Surf Shop, Gourmet Dining, on Pristine Manzanillo Bay. Visit our website at www.manzanillobay.com or call 755-553-2884

Absolutely Gorgeous! For Sale Troncones – 8 lots on a small swimmable bay with lagoon, secluded and set apart from the rest of Troncones. Most private and beautiful lots you will find in Troncones, approx. 8-9,000 sq. ft. $175,000 - 295,000 USD. Also, 2 commercial lots on the water in Troncones. patrickcrosby@verizon.net for more details.

NEW! Villa Festiva ~ the jewel at the waters edge Brand new beachfront hideaway for RENT. Loose yourself in the luxury and comfort of a resort with the barefoot tranquility and authentic charm of exotic traditional Mexico. Three private and romantic king size suites. Palapa bar and infinity pool. Wifi. Full size kitchens in each villa. A/C. www.villafestiva.com or call 916997-7669 US.

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