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Rocky Point Travel                   Phoenix: (480) 993-0333

Tucson: (520) 232-2143

Toll Free: (800) 480-4425

Toll Free: (888) ROCKY-MX

In Mexico: (662) 219-6755

E-mail: info@rockypointtravel.com

 
::- Mexico Auto Insurance -::

Get your Mexican insurance here.
 

 

 

Rocky Point Travel                   Phoenix: (480) 993-0333

Tucson: (520) 232-2143

Toll Free: (800) 480-4425

Toll Free: (888) ROCKY-MX

In Mexico: (638) 388.6445

E-mail: info@rockypointtravel.com

 
 

 

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WHY ROCKY POINT?

Interested in buying property in Rocky Point? CLICK HERE!

We believe that Rocky Point is a superior investment alternative to real estate in the U.S. and elsewhere in Mexico. Gabriel Robles, a senior real estate consultant from Mexico City, who has been involved with over 27 major resort developments, has completed a study that shows Rocky Point to be in the third year of a 25 year upward real estate cycle (source: Join Us Article, January, 2005). Even though Rocky Point is still small and relatively underdeveloped, it is attracting investments at a higher rate than any other resort area in Mexico, surpassing even Cancun and Los Cabos. Long term real estate appreciation will be driven by a limited supply of beachfront property paired up against the virtually unlimited income and population growth of the southern U.S.

Rocky Point (officially Puerto Penasco, Sonora) is an extremely attractive destination for U.S. vacationers. It is the beach closest to Arizona, only 60 miles away from the U.S. border and 220 miles from central Phoenix (approximately 3.5 hour drive). It is also within comfortable driving range of California, Nevada, New Mexico and Western Texas. Rocky Point stretches along the majestic Sea of Cortez, boasts beautiful beaches, world class fishing and diving, a wealth of marine wildlife unequalled in the northern hemisphere (including sea lions, dolphins, and whales), mild year-round climate, extensive legal infrastructure to make it safe and easy for Americans to own property, practically no risk of hurricanes (unlike Florida) given that it's on a gulf protected by the Baja Peninsula, and real estate prices that are substantially lower than those found in California beachfront areas.

Rocky Point property values have risen rapidly in the recent past and have plenty of upside remaining. Mid-market condos that were sold in 1999 for USD$150,000 were re-sold for over USD$300,000 in 2004, and beachfront home lots that were sold for $140,000 in 1998 were re-sold for $600,000 in 2004 (source: Arizona Republic article Sunday, March 7, 2004). At these growth rates, a beachfront condo selling today for USD$450,000 would resell for well over USD$900,000 in 2009. This projection may seem high today but remains low relative to prices in San Diego and Los Cabos, useful comparable markets because they are also nearby Arizona and some of the other Rocky Point target markets. In San Diego, luxury beachfront condos of 2,000 to 2,500 square feet typically range from USD$1.5 million to well over USD$3 million (source: Craig's List). In Los Cabos, condos found in the higher-end resort properties sell in excess of USD$1,000 per square foot (source: Bruce D. Greenberg, appointee by Governors Hull and Napolitano to aid in consumer guidelines for purchasing real estate in Sonora, Mexico).

Interested in buying property in Rocky Point? CLICK HERE!

 

 

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