In the beachfront community of Rocky Point, (Puerto Penasco) one hour south of the US border there lies some amazing values. Because the world economy has many property owners seriously motivated, savy investors could end up with properties priced far under true market value.
One example of the investment potential of Rocky Point's real estate market is in the highly sought after beach front development of Las Conchas. This bargain is worthy enough to mention in any investment discussion. I do not believe that there has been a beachfront lot in Las Conchas listed below $500,000 for several years, let alone a livable beachfront condominium. The condo I refer to is in the Las Olas beachfront section in the middle of this mostly US owned community
This $275,000 condo is in the high demand section of Las Olas.
BEACHFRONT CONDO FLYER
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$275,000 for a LAS CONCHAS BEACHFRONT CONDO