Time to Sell Your Mexican Ocean View Villa?
Ocean front property prices are still dropping in Puerto Penasco, Mexico. Is it the right time to sell? That depends on your situation. For the near term I do not see any recovery for real estate prices in Puerto Penasco. Banks have taken bank may condominium and home Rocky Point and want these properties off their books. They will keep dropping the listing prices until these properties sell. If you can, I would recommend waiting to list you Mexican property. But, if you are looking to invest in ocean beach property, now is the time to buy. There has never been a better opportunity to purchase ocean view luxury villas. Contact me today for more information. We are hosting our Rocky Point Speaker Series January 20th 2011 6:30pm at the Arizona Academy of Real Estate in Scottsdale Arizona. Join us for a discussion on the state of the Mexican real estate market.
Kyle Wood
Realtor
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