My wife and I live in Tucson and are looking to purchase property in Kino
Bay or Puerto Peņasco (Rocky Point) Sonora, Mexico. Initially we'd like to
use it as a vacation rental to help pay the costs although we'd like to
occasionally use it ourselves. Eventually, 10 to twelve years from now,
when we retire, we may spend quite a bit more time down there. I have some
familiarity with Mexican regulations and understand that within 50 km of the
shore, the property will be held in a Bank Trust.
I've done a little web surfing, but have found it surprisingly difficult to
locate properties on line in either location. I'm hoping someone can point
me to a reputable Mexican Real Estate agent for the areas or a web site with
available properties. We're in no hurry to purchase but want to get
educated before we take the plunge. Any guidance concerning what to watch
out for when purchasing down there will also be appreciated.
Thanks in advance.
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pjb
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