Ixtapa Real Estate Option: Buy A Home Or A Condo That Doubles As A Rental Income By: Tim Sullivan. | - Current indications show that tourism has been strong in the Ixtapa Real Estate area. The end of the summer tourism season showed strong numbers. Numerous visitors to the Ixtapa-Zihuatanejo area prefer to rent condos for their visits; this situation points to opportunities for Mexico Condo buyers who either will use their condo only part of the year, or who wish to purchase a condo only for investment.