It has been a year since the doors to our city were reopened to visitors after they were shut down to limit the spread of Covid-19. The good news is that Summer 2021 is set to break records according to a report from the Office of Convention and Visitors Bureau (OCV) demonstrating that our beautiful city is rebounding and returning to normal.
According to the report, Puerto Peñasco can complete the summer cycle with between 600,000 to 700,000 visitors which are numbers comparable to the years of 2018 and 2019 said Héctor Vázquez del Mercado, OCV President.
The report cites evidence of this uptick in tourism, noting that vehicle border crossings registered at the Lukeville-Sonoyta point of entry are at record setting levels. For example, in May 2021, there were over 43,000 border crossings. Also, wait times to cross back into Lukeville from Sonoyta have been very long sometimes as much as a four-hour wait.
In other welcomed news, occupancy rates have held steady at over a 75% average since Memorial Day Weekend showing that our city is on the rebound while fears of the Covid-19 virus disappear.
According to the OCV, Puerto Peñasco has made progress in recovering its rhythm through promotion as a safe place to visit. The gradual response has been impactful as more and more families choose to visit our corner of the Sea of Cortez as they break out of their lockdown routines.
The OCV says that Puerto Peñasco attracts many foreign and Mexican tourists because the beautiful and warm beaches, hotel infrastructure and fine cuisine. This, along with the welcoming attitude towards visitors and the proximity to the largest cities in Arizona make Puerto Peñasco a safe destination that is close and easy for everyone to enjoy.
Smart and savvy investors know that a health epidemic is over, and it shows with real estate inventories taking a dip and prices starting to rise given the lack of supply. Since the city opened a year ago, there has been nothing short of a “buying-frenzy” amongst visitors leaving low inventories in its wake.
Prices for land or lots to build a rental home or even your vacation homes are still a great value. Building a new rental property or vacation home on your newly purchased lot is not difficult process or expense! You can build a nicely equipped 3 bed, 2 bath home in the high $100s and a 2 Bed, 2 Bath in the mid $100s. Put your property to work and have it start paying you back with the rental income you can will generate. Another option is buying an existing rental home with proven rental income at a discount while supplies last.
If you read this article and there is just one thing you remember, make it this… Puerto Peñasco is open for business and now is the time to make your move while the good times last and before they get too expensive!
About the author: Joseph Sanchez is president of Rocky Point Home Builders a design/build contractor specializing in custom home design, construction and engineered renovations and a real estate agent with RE/MAX Legacy. He resides here in Puerto Peñasco with his wife and three children and is originally from Chicago. For more information email him at email@example.com.
Photo 2 – The OCV says that Puerto Peñasco attracts many foreign and Mexican tourists because the beautiful and warm beaches, hotel infrastructure and fine cuisine. (Photo Courtesy of OCV)
Photo 3 – Summer 2021 is set to break records according to a report from the Office of Convention and Visitors Bureau. (Photo Courtesy of OCV)