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Market Conditions at Las Palomas Resort, Rocky Point, Puerto Penasco

According to the Puerto Penasco MLS, there were 47 condo sales at Las Palomas in 2015. Prices have been increasing, helping the price per square foot increase 36% over 2014. The Supply of condos for sale has decreased, down 46% from 2014. This means that

Rocky Point Activities

Bright blue skies and a warm ocean breeze. Sound inviting? November in Puerto Penasco is proving to be a gorgeous fall activity. Perfect weather to hike or mountain bike around Pinacate, see a volcano, enjoy the wild flowers and rock formations. Ready

A Look Back at Rocky Point

Located about 60 miles south of the Arizona boarder is Rocky Point, a sanctuary for several, and a beach paradise to most. Looking back, it hasn’t always been this way. Actually, only a few decades ago, it was a beach primarily filled with tents,

MEXICO Returning to Popular Tourism Roots

Many travel agencies are reporting an upturn in Vacation requests for Mexico. It seems that people are becoming more interested in the Beautiful Beaches, friendly people and low prices available in Mexico. Popular concerts like Roger Clyne and the Peacemakers,

Fly to Puerto Penasco!!! Aeromexico flights begin!

The airport at Rocky Point, Puerto Penasco, Sonora Mexico, is please to announce it is receiving flights from Las Vegas!!! Customers can now fly into Penasco via Las Vegas on an Aeromexico flight on either Sunday or Thursday and enjoy a terrific Beach

Sonora's Economy Grows

Gov. Guillermo Padrés Elías encourages investment in his state, saying investments will receive returns that are good and safe. Last year, Sonora's economy grew by 7% and is expected to grow again in 2011 by about 5%. Padres' message

Investors turn to Mexico as US Stock Market declines

Real Estate in general has proven to be an excellent investment, and actually better than the Stock Market over the long term. Real estate in Mexico is really a safe haven for real estate investors, more so than in the US. The recent drop in values of

Mexican Economy Looking Good

The National Real Estate Investor has posted great news for people savvy enough to be looking to Mexico to invest in Real Estate. Mexico is benefitting from the proximity to the US and the current positive trade indicators, overtaking the yearly increase

Uncertain about investing in Mexico, Part III

C reating Certainty Investing in Mexico, Part III Buyer and Sellers Deserve Correct Answers Wayne Corcoran Chief Operating Officer Realty Executives Mexico Member of AMPI VP of MLS My article, published in the April 2008 edition of the Rocky Point Times,

Buyer's Checklist - May 2008 version

General Questions Anwer(s) Are ownership papers available from the owner? Is the property in the restricted zone? What does that mean? Is the property part of Ejido Land? What are the special risks? When I get a fideicomiso (Bank Trust) do I own the property?

MEXICO IS WATCHING PUERTO PENASCO REAL ESTATE

March report from our AMPI President In Mexico City I recently had the opportunity to meet with AMPI presidents from around the country. There were approximately 500 representatives in attendance at this convention and swearing in ceremony for association

SET UP A MEXICAN CORPORATION

This is a basic information provided by O’farrill & Associates on how to start a business such as Restaurant/Bar and boutiques , t h rough a Mexican Corporation. SET UP A MEXICAN CORPORATION: 1.- First, we need to obtain a permit at The Secretary

What is AMPI and Why is it Important to Mexico and its Investors

AMPI, the most widely accepted real estate organization in all of Mexico has made phenomenal progress here in Puerto Peñasco. This internationally respected association of real estate professionals officially became a reality last March and has

Commercial Flights to Rocky Point / Puerto Penasco Mexico

COMMERCIAL AIR FLIGHTS TO PENASCO! Starting Sept. 4th, a new comercial flight from Hermosillo to Puerto Penasco – on Aerolitoral! Aeroliteral is PART OF AEROMEXICO..Mexico’s largest airline. Aeromexico and the State governmentand local government