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Puerto Penasco condos provide you as a buyers with the best combination of a beachfront lifestyle, price and convenience. Currently, prices are at the lowest they've been since 1996! This is great news for investors or buyers of any motivation. Because of this situation, and promise of excellent recovery in the not-so-distant future, the best units are disappearing fast. Savvy investors that haven't already done so, will start looking for their Puerto Penasco condo for sale soon.

Those investing in condos here have many motivations, ranging from a vacation property to a convenient retirement property in an ideal community, very close to the U.S. With condos, one benefit which attracts many of Puerto Penasco's buyers is that there is less worry about in terms of upkeep and maintenance. For both full time investors, vacationers and snowbirds, condo rental services make it easier to enjoy rental income. With Puerto Penasco's very reasonable HOA fees, management takes care of the units, and no matter the profile of the investor or buyer, condos offer less headaches all around.

Current market conditions have made it an ideal time to buy condos in this area. The majority of the past "investors" were using their homes to obtain cash for down payments etc.; now that the mortgage holders on these home have tightened restrictions these owners are forced to sell FAST. Many of the so called leveraged investors saw 30-50% increases in values but did not sell at the height of the market a few years back so may great Puerto Penasco condos are for sale at excellent deals!

Having said this, the indications for the turn around look good in Puerto Penasco. A new highway making trips to California shorter, a new international airport, and a cruise company which has recently chosen Puerto Penasco as its home port for the entire Sea of Cortez area all point to an upcoming boom in tourism.

Investors can take advantage of this for rental income; families and retirees will be seeing new services and activities turn up, and, with the area's popularity, there is a very good chance of seeing the rise in tourism push up demand, with the result that these inexpensive condos could be worth considerably more.

Consider buying finding a condo for sale in Puerto Penasco; it could be your key to enjoy life in Paradise!

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