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Real Estate in Puerto Penasco, Mexico | Expat Exchange
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Real Estate in Puerto Penasco, Mexico

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By Joshua Wood, LPC

Last updated on Apr 13, 2023

Summary: The most desirable neighborhoods in Puerto Penasco, Mexico are Las Conchas, Sandy Beach, and Cholla Bay. The average cost to buy a nice 2 bedroom home in Puerto Penasco is around $150,000 USD, while a nice 3 bedroom home can cost around $200,000 USD. These properties typically include modern amenities such as air conditioning, swimming pools, and outdoor patios. Foreigners are allowed to own property in Puerto Penasco, however, they must obtain a permit from the Mexican government in order to do so. When searching for a home to buy in Puerto Penasco, it is best to consult with a local real estate agent who is familiar with the area and can provide advice on the best neighborhoods and properties available. Additionally, it is important to research the local market and compare prices to ensure that you are getting the best deal.

How do I find a place to live in Puerto Penasco?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"One option to find a place to live in Puerto Penasco is to search online and view local listings. Many popular websites offer comprehensive listings of rentals and homes for sale in Puerto Penasco, and many real estate agencies have online presences with plenty of listings as well. You may also have luck searching through online expat forums, as those making the move to the area often post about their housing search and point potential renters in the right direction. Additionally, you may consider visiting the area itself, as this can be a great way to scout out potential housing opportunities," said one person in Puerto Penasco.

"Many expats live in my neighborhood (Mirador) plus it's just a few blocks to the beach," said one expat who made the move to Puerto Penasco.

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What is a typical expat home or apartment like in Puerto Penasco?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

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