| Rocky Point Exposed |
Be Careful, Be Very Careful!
| The information herein has been obtained from various sources and is not guaranteed by rockypointexposed.com. Prospective investors are advised to conduct their own investigation of the information contained herein before proceeding with any real estate investment in Rocky Point (Puerto Penasco). The information contained on this site is not legal advice. While the highest standards were used in compiling this information it should not be considered legal advice and all legal questions should be handled by appropriate representation. Copyright rockypointexposed.com. All rights reserved. Web Hosting by Yahoo! |
| BE CAREFUL! |
| Sandy Beach/PuertoPenasco |
There are lots of resale and rental properties available on Sandy Beach. AND MORE TO COME! |
"I'm watching the value of my Sandy Beach investment go down each and every month." Sandy Beach investor |
"What's happening on the other side of town in North Beach has really hurt real estate values here in Sandy Beach. I'm really getting worried." Sandy Beach investor |
Six high rise towers were completed on Sandy Beach in the last three years. It has been reported that construction drawings have been approved for an additional 32 high rise residential or hotel towers in Rocky Point, with 81 projects in the planning stages. As long as questionable real estate issues remain in Rocky Point, property values will go down on existing, as well as future real estate investments. Thousands of U.S. Investors will feel the impact. |
| Every 2010 billboard paints a pretty picture but ... ... BE VERY CAREFUL! |
| Visit www.rockypointexposed.com/blog to post a comment |
| BE CAREFUL, BE VERY CAREFUL! |
| Overbuilt - Undersold Under financed |
Visit www.rockypointexposed.com/blog to post a comment. |
"Something is going on at Las Palomas that doesn't sound good for recent investors." Las Palomas homeowners have had Home Owner fees raised to up to $850.00/Mo. with additional increases to come. Las Palomas investor |
| Most developments in Rocky Point have come to a complete standstill. |
"Anybody putting money in Rocky Point real estate today is nuts! What may look like a 'good buy' now is a really bad investment". Phoenix Real Estate Broker |
Acropolis - Not even begun
"The city's groundwater resources have dwindled after years of steady use. The wells produce poor-quality water, and many are nearly exhausted. There are concerns that water may not be available for future development." Arizona Republic - August 25, 2008 |
| Fiesta de Cortez, Puerto Penasco |
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| The real estate scams in this town are seriously effecting Rocky Point" A Rocky Point resident |
