Not long ago Rocky Point was a Seller’s Market.  This sleepy fishing village was in a feeding frenzy of Real Estate Buyers and Agents making deals and resorts and homes being constructed on every available patch of sand.  In 2007 the recession hit in the United States and started to trickle down to Puerto Penasco.  Resort expansions and home construction was halted.  Since then the real estate market has maintained a modest market of sales and listings. 2011 has brought a change in the market and it is on the rise.  Savvy Investors are seizing the opportunity to purchase investment due to the decline of market value.  Condos and homes are selling at 30-50 percent of original market value.  Owners are motivated to sell, many accepting lower down payments and carrying the note.   Just as the recession will fade in the United States, the market will return to original values and those Investors will reap the benefits.  Rocky Point will once again be a fast growing  community.

Puerto Penasco has built a new airport and began taking flights this month.  More flights are scheduled to begin from the US such as from Phoenix and Las Vegas.  Out very near to the airport is a beautiful resort called the Mayan Palace.  By far one of the most beautiful and luxurious resorts  Puerto Penasco has to offer.  They are expanding into Mayan Lakes deveopment and The Mayan Island. The resort is 20 miles to the south.  One would question what they know that others don’t know.

The word around town is that cruise ships will make Puerto Penasco a port o call.  Wal-Mart has just built a new store right here in Rocky Point and a Sam’s Club is almost complete opening June 15th. Auto zone has a Huge store on the north end of town which opened in May.

These are just a few reasons to buy now, never mind the friendly people, beautiful sunsets and Sea of Cortez.