Monday, January 19, 2009

Major Indicators - Bright Future of Puerto Penasco

Our Little community of Rocky point Rentals has experienced an incredible ride. It has become known internationally as a tourist destination that will continue to develop into the future. The majority of the impressive growth has been led by the sales of condos, single family homes, and even raw land. There are several strong indicators that the positive growth cycle will continue, placing us on even more radar screens. Simply ponder the amount of time and money put into studying growth trends; market futures; and touristic patterns, by any major hotel group when looking to invest millions in a new destination market. Now think about these researchers representing the Marriott hotel group. The Marriott Penasco Bay is a 28 story 265 room four diamond resort. This is such a huge statement as they obviously didn´t choose Puerto Penasco overnight, or without knowing something. The feasibility analysis done by an empire like Marriott looks into so many aspects of the demands of seasoned first class travelers, that if Penasco was not positioned for stardom we would not see their logo on our horizon.

Another impressive indicator of international success is the selection of Rocky Point has a major home port for several large cruise ship companies. Representatives from cruise lines like Holland America, Princess and Carnival have all been here, and Mexico´s federal government has approved Rocky Point as a major hub in a joint effort as the result of many discussions among the experts. We have been receiving a lot of attention from the leaders of Mexico and many of Mexico´s most prominent investors. Obviously now, investors from all over the world have been watching Puerto Peñasco, Mexico.

Studies indicate that the future looks bright here because Rocky Point sits less than four hours from several major U.S. metropolitan areas with proven retirement markets. Take the similar climate to those already respected, retirement magnates add our beautiful Beachfront Rental Properties in Puerto Penasco and lower cost of living and one starts to see where the excitement is coming from. The huge number of soon to be retirees speak volumes in terms of future demand. This group of over 25,000 people a year is an astounding number looking to retire. Between now and 2025, there will be a baby boomer retiring every 16 seconds. While 2030 will be the peak year of boomer retirement, the first year of baby boomers (born in 1946) turn 62 this year; many of which are now retiring and taking advantage of a record level of leisure income. Many of these people will look to the beaches of Mexico to spend their golden years. The draw of rocky Point is that it is one of the few superb beachfront markets that will support both drive-in traffic and air travelers. There are many dynamics of this that will lead to a surge in retirees. To many, the close proximity to large U.S. cities, where they can go to monthly appointments or various hometown cultural events is important. The airlines will allow other family and friends ease of access. Many have already discovered that while the healthcare system in U.S. continues to struggle, Mexico´s healthcare is rapidly accelerating into one worth the trip south. One can expect the advances in Mexico´s healthcare to continually draw visitors south more and more. With insurance providers now servicing so many from the north, more large companies will enter the market, and the cycle here will continue to expand as the international audience grows.

About ten years ago there were no condo projects with more than 100 units. In 2000 there was only one project of any large scale. This all changed, and now Sandy Beach alone has about 3,000 condos sold, and over 30 condo towers have been completed. The feeding frenzy was wild and we enjoyed a great cycle as the town morphed itself into a resort destination. Then, because the economic situation affecting so many investors, we shifted into a buyer´s market. It would be irresponsible to say that the correction period has fully completed its course as no one has found that crystal ball yet. It would however be safe to say with confidence that there are some great bargains to be found in the Rocky Point area. Plain and simple, there are people that need out. Much like the buyer´s market sought after by successful investors in so many U.S. communities, we are ripe for the next phase of our cycle. There are properties in every market segment that are priced many thousands of dollars below the ¨List Prices¨. You just have to know how to find those bargains. It truly does come down to representation. Who is representing you? In Mexico, like in the United States, there is a National Association of Realtors. In the last few years we have come along way in regards to communication, ethical practices and working on the development of an MLS system. It is because of this and our mandate that all of our members are licensed, that we have been welcomed into NAR, the same international organization you would likely seek for representation in the U.S. In order to truly guarantee satisfactory representation you need to secure the representation of an AMPI professional. AMPI agents are NAR Realtors, registered at the state level, and are the only real estate association endorsed by the federal government.

Historically, Rocky Point Real Estate is one of the safest investments you can make as it is scarce by nature. No more land will be created. Even more scarce is land found near the beach. This is way in the long term, Rocky Point is destined to be an international real estate success story, and the big money is already starting to see the opportunity.

There are new improved mortgage money programs with reasonable rates allowing people to take advantage of the current opportunities. Some people are turning self directed IRAs into real estate investments in and around Rocky Point. Others have chosen to split ownership on properties with friends, family members or other investment groups. There are even reverse mortgages out there allowing homeowners to simply turn equity from one home into equity in another. If one truly wants an investment that they can enjoy Puerto Peñasco is certainly a worthy alternative to the less than predictable stock market.

Within a year, an international airport will be open in Rocky Point and a new costal highway will extend south and east from Tijuana , through Rocky Point, to beyond Guaymas. These geographic factors alone will bring many thousands of new visitors to this area, and a profound positive influence on the economy. Rocky Point is a great place for anyone interested in owning a second home or a secure investment that allows one to stay at and enjoying their portfolio.

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Friday, January 9, 2009

Why Choose Puerto Penasco ?

Puerto Penasco, Sonora also known as Rocky Point has unique qualities that make it a desirable spot to live.

Whether you are retiring or looking for a change in space in your life, Puerto Penasco should be your list. It has the best of both worlds: The US and Mexico. For US mail, open a PO Box in Lukeville and a private service can deliver your mail to Puerto Penasco. Shop online, through U.S. catalogs (further south this isn't possible). You need no special permit for your vehicle in this free zone, just purchase Mexican insurance, park your car mainly in Mexico, and your insurance bell will be significantly lower. Phoenix is just 3 ½ hours away, allowing frequent shopping in the USA, and even Las Vegas is only half a day's drive. Many enjoyable places are within a day's drive ---- you won't feel “trapped on an island”. You will experience small town living but with big city proximity for anything you might need. Medical insurance can work with your US insurance and transfers to US hospitals can be arranged. The pace of life is calm. Walk into a restaurant, to the owner's warm greeting, look around, and you will probably see people you know. Enjoy the sense of community with many fellow American townsfolk.

The Beaches are beautiful, with one of the largest tidal changes in the world. The same beach is radically different form hour to hour, you can be snorkeling in the morning and walking on the same rocks that afternoon! At full tide, there is up to 18 feet change in depth in just 6 hours! Water temperature, warmer than Pacific side, makes for very pleasant swimming. Waves are very small making it safe for children. Only occasionally do waves get big enough for surfing. Rocky Point has several choice beaches, from the tidal beach at Mirador, perfect for tidal pool exploration, to the more active Sandy beach where beach volleyball, skim boarding, flying ultra lights and jet ski's are the order of the day. Twenty minutes south, you can find miles of unspoiled and isolated beaches if that is you preference. Eat fresh oysters from an oyster farm in one of the many estuaries or go clamming at low tide in Cholla Bay. Culinary options abound, ranging from modest taco sands to high-end resort cuisine; shrimp, the staple of our town, is excellent anywhere you go.

Most importantly: if you move here you will feel welcomed by friendly people whole will quickly make you feel that you belong to our community. So come on down, breathe our fresh ocean air and call Puerto Penasco your new home!

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Thursday, January 1, 2009

Aquatic Wildlife in Puerto Penasco, Mexico

More sea turtles and nests found in area Stressing importance of species for region.

Ever since the legacy of “Peñasquita”, the first hawksbill turtle adorned with a satellite transmitter to track information concerning her migratory route and nesting grounds, released into the Eastern Pacific on October 24 th, more turtles and nests have been found in Puerto Penasco.

This stresses the regional importance of this group of very charismatic organisms.

Paloma Valdivia Jimenez, education coordinator of the Intercultural Center of Desert and Oceans (CEDO) reported via press release that last month staff from Playa Encanto came across a young Pacific Ridley turtle with a shell measuring just 30 centimeters in length. Unfortunately, this turtle was quite sick and later died.

Valdivia Jimenez indicated that shortly thereafter a tourist came across a young Black Sea Turtle near Playa de Oro.

Furthermore, she added, just recently a Hawksbill Turtle was found at Playa Miramar, which also just a young sample! This turtle is currently recuperating from a slight illness at the CETMAR Aquarium and will be released around the same place where it was found.

The CEDO official added that generally, the Northern Gulf of California is feeding grounds for sea turtles, although it is known that some species occasionally nest in Puerto Peñasco.

“In fact, although no nest had been fully completed given the extreme climate conditions of the region, during the last 3 years there have been reports of nesting along different beaches,” she explained.

Nevertheless, this year the sea turtle nests have been in luck! Two nests of the Pacific Ridley turtle (Lepidochelys olivacea), and one of the Black sea turtle (Chelonia mydas agassizii), reported at Playa Encanto and Playa Miramar, respectively, hatched young ones successfully. Coincidentally, the young turtles were born on precisely the same day of Peñasquita's release.

Paloma Valdivia indicated that up to now, the importance of the Northern Gulf of California for young sea turtles had not received much reporting, which is a very important point within conservation efforts of organizations on a global level.

She stressed that while in Rocky Point it is necessary to take care of the beaches where nests have been detected, it is much more important to protect the feeding grounds at sea, as turtles spend many years there and their reproductive success does not only depend on the environmental health of the site where they are born, but rather the sites where they grow.

“Remember that we all can contribute to the conservation of turtles! If you want to help, pick up trash found on the beach, report any fishing or consumption of the sea turtles to PROFEPA, and inform CEDO if you come across a nest or a turtle on the beach. Only together can we help prevent their extinction,” stressed the press release.

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