Rocky Point, Puerto Peñasco, Mexico, has been on an unbelievable ride. We have seen a little fishing town turn into an investor’s paradise with thousands of condo’s rising from the sand at a record pace, then a sudden halt because of bad press and equally poor economies. Now with adjustments being made regarding values, we have shifted into an unprecedented buyer’s market. When the condos were going up, the words said to Kevin Costner in The Field of Dreams, “Build it and they will come”, summed it up, and our seller’s market was in full swing. Now with the world economy shifting and so many people really needing out, the morph is on, and some of the best investments in Rocky Point real estate history are available
Real estate in Mexico is as promising an investment as most any in the world. However, just like any investments, it is important to know what you are getting involved in. There are dynamics associated that separate each individual case. An investor must make sure that his agent asks the right questions and understands his specific needs. For example, if a property is not yet built there is a different set of risk verses reward questions that come into play. Now, in a market where many seller’s are in what some call fire sale mode, there is a huge opportunity to invest pennies on the dollar and come out way ahead.
It is very important to pick a company and an agent with a background of success.
Realty Executives and Kent White have proven themselves all along Sonora’s “Golden Coast”.
As President of the Puerto Penasco AMPI chapter, Kent was instrumental in the development of the licensing process now an enforceable law in the state of Sonora and it is expected to spread throughout Mexico's real estate industry. This wonderful milestone will help AMPI raise the bar when it comes to accountability and trust of process.
Realty Executives has represented investors from El Golfo to San Carlos / Guaymas, but specialize in areas like
Santo Tomas to Rocky Point. They've helped hundreds of buyers and sellers achieve their goals. From condos on Rocky Point’s Sandy Beach, houses in Playa Encanto, or Las Conchas, investment parcels along the coastline or simply checking the security of a title, Realty Executives Rocky Point can handle the task.
Remember, You can enjoy your investment portfolio on the Sonoran beaches.