Las Conchas, Puerto Penasco / Rocky Point

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• 516 sq. m., 3 bath, 4 bdrm 2 story - $299,000 - Great Views!!!

Las Conchas, Puerto Penasco/Rocky Point  -  GREAT OCEAN VIEWS Below Market pricing, now only $329,000. This Charming Mexican style home could be yours! You can enjoy a beach home in beautiful gated Las Conchas. 4 bedrm(3 bdr, fam rm/ 4th bdr option) 2.5 baths 2 story hilltop home comes complete with awesome views. Furnished with many unique pieces. Great Terms: 25% Dn, 30 yr amort, 5 yr balloon * 2 Story w/master suite, great room w/fireplace & kitchen on upper level * 2 large patios * Fantastic custom Tile in kitchen & baths. * Satellite TV/stereo. DVD/Telephone/DSL Internet * Oversize dbl garage w/bonus storage room w/ safe & lots of built in storage cabinets * Property walled for privacy * Great courtyard and yard* 2,300 sq of livabable space.

Won't find a better price in a Beachfront lot in PLaya Encanto

beachfront lot!!!!

• 342 sq. m. single story - $249,000 - Best price for beachfront

Playa Encanto, East Beach  -  Best price for a Beach Front lot in PLAYA ENCANTO. Playa Encanto is home to the most pristine beach in all of Penasco. This INCREDIBLE deal consists of a Amazing opportunity located on the best beach in Penasco '' Playa Encanto''.With a beach front lot that is 342 square meters (3680 sq ft).
YOU NEED TO SEE FOR YOURSELF. These WILL NOT last long. Compare that price to what other lots are selling for in Las Conchas or even in Playa Encanto.

Electric Assestment paid in full.
Property information

Outdoor Furniture The Challenge of Outdoor Furniture for Seaside Living

Whether you have owned a beach property before or not, you are probably amazed at how the elements including the salty air is not necessarily the best—even the life expectancy of a house at the beach is considerably shorter. That is why you must be really careful when choosing outdoor furniture. Here's some information to help out in your decision-making process, including some tips and considerations.

Before you go shopping, it would be wise to ask yourself some questions:

• Will my outdoor furniture be used only by me and my family, or will it be for a rental property?

• Will I have space for a seating area large enough for more than two people?

• Will my terrace or patio be used occasionally to entertain or perhaps have a nice dinner with my spouse or friends?

• Will the furniture have to stay outdoors or could it be stored?

• Will my outdoor furniture follow a specific design or theme, maybe traditional, eclectic or transitional?

• How much time will I be willing to spend looking after furniture?

Now let's begin:

Teak is one of the most durable woods in the market, it goes from reddish brown to silver gray once it has weathered; you can prevent it from happening if you take care of it with special oil or stain.

Outdoor wicker: Rattan, water hyacinth, sea grass, banana leaves, bamboo and the like, add the tropical and classical feel we all like when we are in a vacation site. The beauty of the natural materials will last longer in an enclosed area, however, most of it will not do so well at full exposure to the elements.

Wrought iron is a very sturdy material ideal for windy areas, available in a variety of designs. Just keep in mind that, even with the best of treatments, iron will still rust. So, think twice about it if you need it for a beach home. If feel you are going to miss the enchantment of the iron work, guess what? Nowadays you can get cast aluminum in the traditional look of iron, especially if you want keep a Mexican design for your home.

Resin and cast aluminum: These two elements will do wonders together. They are usually weather proof, care and rust free. All you need to do is hose them down, vacuum them once in a while and your set will look like new! Perfect for rental properties. Just a small piece of advice: Check the weight of them, because on a windy day you don't want any of your chairs to end up somewhere else than on your terrace!

As far as fabric is concerned you'll find quite a large selection of patterns and colors. For fabric to endure the weather, it has to be polyester based, vinyl or acrylic, so it dries quickly and resists mildew. Keep in mind that even the most water-resistant fabrics will break down when they sit outside for too long without use. Therefore, storing fabric will extend the life and beauty of your cushions. Remember, cushions will be basically the only thing you will want to replace after a few years; but, you'll probably love to change colors and patterns anyway, right?

Eddie Wharez is the owner and designer of Diseños Casa y Jardín. If you have any questions or comments, contact him at eddiewharez@yahoo.com, visit www.eddiewharez.com or just simply drop by his gallery on Old Cholla Road. You will be pleasantly surprised.

by the way... I am never too busy for your referrals.

Grant MacKenzie Sr.
638 107 95 82
www.ourrockypointrealtor.com
grant.remax@gmail.com
from usa 480 459 0855

Puerto Penaco... destino popular ROCKY POINT, PUERTO PENASCO, MEXICO

Puerto Penasco.... destino popular al Norte de Mexico

Puerto Penasco, tambien conocido como Rocky Point entre los americanos, se ha convertido en un popular destino para los vacacionistas estadounidenses _ especialmente residentes en Arizona_ for sus hermosas playas y conveniente cercania con lo Estados Unidos. Aun con que es una locacion de primera, los inmuebles en esta ciudad son sorprendentemente accesibles: un condominio frente a la playa en el complejo llamado Puerta Privada se venden por menos de $500,000 dolares, cuando en areas como Los Cabos cuestan mas del doble de acuerdo con Branden MacKenzie, agente de la inmobiliaria RE/MAX Legacy, en Puerto Peñasco .

" Con precios asi desde hace tres, cuatro o cinco anos, este es un gran momento para encontrar algo bueno (en Puerto Penasco)" dijo.

Los inversionistas necesitan sin embargo, estar al tanto de las condiciones del mercado que han resultado en un considerable bajon de precios debido a la gran cantidad de condominios que han entrado en el mercado en un periodo de tiempo relativamente corto.

Aun asi, los expertos locales se mantienen optimistas acerca de Puerto Penasco, puntualizando los avances en el aeropuerto internacional y la proxima finalizacion de la carretera costera del folfo como factores que promoveran un gran crecimiento y apreciacion. Tambien se espera la pronta recuperacion del mercado inmobiliario en estados unidos como Phoenix, que ayude a equilibrar la actividad de Puerto Penasco.

WWW.OURROCKYPOINTREALTOR.COM
WWW.PUERTAPRIVADA.INFO

What is a "Condo Hotel"? ROCKY POINT, PUERTO PENASCO, MEXICO

A condo hotel is a residential building that is used both as a condominium and a Hotel. Though Condo hotels are not a new concept, they are getting increasingly popular with each day. The reasons behind their popularity are not that hard to find. Hotel developers are finding it difficult to get finance for the hotel projects and development projects are increasing. In this scenario, it makes perfect sense for hotel developers to sell condo units of their hotels to individuals rather then fund the whole hotel with their own money or loans. For Condo unit owners, it gives them a chance to own a private residence in a Five star hotel with an option to earn money as rental. Condo Hotels in Mexico are an excellent risk free investment opportunity in today's low interest rate and volatile stock market scene. Condo Hotels generally feature star class amenities and are located near a popular vacation destination. Every big player in the hotel industry is now enterin in this highly popular and lucrative business. A condo units owner can stay there whenever he likes and for the rest of the period, he can place unit under Condo Hotel Management's rental program. Condo Hotels management markets individual investor's condo unit as a hotel, handles reservation, takes care of the front desk and maintenance. In exchange, the hotel management gets a part of the revenue from the rental. Many developers offer an array of hotel services available to condo hotel unit owners like valet, concierge, maid and spa services, restaurants etc.

The Condo Hotels available in Rocky Point (better known only by "Condos") are Sonoran Sun, Sonoran Spa, Sonoran Sea, Sonoran Sky, Las Palomas, Las Palmas, Casa Blanca, Bella Sirena ; Esmeralda. If you want to invest in One of them, Call me or go to my website and see the options. Now is the time for a good investment, because the people is selling at the best price ever!!!

How to buy Mexican real estate using Bank trust, "Fideicomiso" ROCKY POINT, PUERTO PENASCO, MEXICO

Is always in high demand especially among American citizens. But there are some laws that any foreigner interested in Buying Real Estate in Mexico should be familiar with. Though under Mexican law, foreigners may obtain direct ownership of Mexican property in the interior of Mexico, foreigners cannot acquire direct ownership of residential property within the area 100 kilometers from the border and 50 kilometers from the coastline. This zone in Mexico is known as the "Restricted Zone". But there is an indirect way to purchase and enjoy Mexican property in the restricted zone through a Bank Trust or "Fideicomiso" authorized by the Government of Mexico. Fideicomiso is the legal equivalent of deeded ownership (commonly referred to in the U.S. as fee simple)

Earlier, foreigners were barred from owning property in Mexico but With the North American Free Trade Agreement beginning January 1, 1994, the Foreign Investment Act of 1993 was passed by the Mexican congress to promote foreign investment into Mexico. This law allowed foreigners to own 100% of the shares of a corporation and purchase property. As a foreigner, you can acquire irrevocable and absolute ownership rights to.

The Fideicomiso has couple of advantages of the bank trust. One is avoidance of probate and the second is transfer tax upon sale of real estate in Mexico

How it works. Upon the purchase of Real Estate in Mexico through a Fideicomiso, the Mexican government issues a permit to a Mexican bank of the buyer's choice. The property Title is then delivered to a Mexican Bank which acts a "Trustee". The Bank then designates the buyers as the beneficiary of the trust. The beneficiary now can use the property. The Beneficiary has the same rights to lease, mortgaging, selling, inheriting, willing and improving the land as any other Real Estate owner in Mexico.

What Does a Bank do? There are selected banks that are authorized by the Mexican government to hold the Real Estate Fideicomiso. The process of getting authorization is very strict. The bank reviews property documents to ensure that they are complete and legal. Remember, you can tarnsfer Fideicomiso to any authorised Bank. The property bought in Mexico under Fideicomiso cannot be expropriated by Mexican Government except for public purpose. In such cases Mexican Government has to pay market price with any interest accrued.

What does it costs? The costs incurred include:-

1) Permit Fees from Secretary of Foreign Affairs, Mexico
2) Registration fees with National registry, Mexico City
3) Annual Administration fees for the first year (depending on the bank)
4) The Bank acceptance Fees
5) 10% IVA tax
6) Closing costs which include the title search, appraisal fees, notary fees for the deed, tax certificate, filing fees, transfer taxes(2% of the purchase price) and recording fees.

Hope this clears lot of doubts from a prospective Foreigner Buyer interested in Buying Real Estate in Mexico. If you still need a few questions answered about how it works, please call us. We will be happy to go over it personally.

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