Ecuador Beach Price Value


Last week we have looked at a series on Ecuador beach property.

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Our Ecuador beach real estate tours look at property from Manta north to Bahia, the area we feel offers the best value right now.  Here is a shot from the front window of  a small Manta beach condos we viewed on a recent Ecuador beach property tour.

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This is a nice one bedroom unit in the center of Manta Ecuador. Here is the kitchen. The asking price was $89,000.

For those who want a part time stay we viewed condos at the Manta Howard Johnson.  This unit enjoys all the hotel amenities and short term rental potential. Asking price $79,000.   Here is the view from the unit we inspected.

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While writing about Ecuador beach property I have been searching for Florida property.   If you do not recall why I am increasing my Florida position and reducing Ecuador, see Ecuador Shamans & Truth

Because I am actively researching Ecuador and Florida property at the same time, I have had a chance to compare values between Ecuador and Florida.

Our Ecuador real estate tours also visit Ecuador’s beach at Crucita. Here is a Crucita beach view house we viewed.

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Another Crucita Ecuador beach view house.

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Plus scenic beach houses above Crucita.

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The argument for Ecuador each property is strong from several points of view. The first reason is price.

We view these Vistazul San Clemente beach condos on our Ecuador beach property tours.

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and stay on the beach at Palmazul Hotel which is the Vistazul Clubhouse.

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Let’s compare the values… Florida to Ecuador.   I am looking at a beach front house in Lee County Florida. I chose Lee County because it is one of the most devastated real estate areas in the US.

The market has crashed so badly there that at one stage there was one foreclosure in Lee County every 30 seconds!   The problem has been so bad that the court system has had to alter the way it works.

Excerpts from a recent Wall Street Journal article entitled, “A Florida Court’s ‘Rocket Docket’ Blasts Through Foreclosure Cases: by Michael Corkery explains:

While the Obama administration prepares to unveil on Wednesday its plan to rescue the U.S. housing market, officials here in Lee County have come up with their own unique plan for dealing with the crisis. To clear a huge backlog of foreclosures, judges are hearing “rocket dockets” of nearly 1,000 cases a day and calling retired colleagues back to the bench to help ease the workload.

The Lee County beach front house I am reviewing has been reduced from $1.4 million dollars to $850,000 and still has not sold.

That’s quite a reduction… only $850,000.

Or your could buy nine of the brand new, 1,200 square feet beach front condos in San Clemente at $89,000 each, for $801,000 and have $49,000 left over.

That $49,000 would go a long way as well.  The taxes on each of those Ecuador beach condos are $36 a year… $324 a year… for all nine units!

The taxes on that Florida beach house in 2007 were 15,324.81.   In a drastic reassessment the tax has  dropped this year to $5,205.57… again, like the price, a huge drop.  Yet the tax, even after a two thirds reduction, on that one Florida house is about 15 times higher than all nine condos put together.

Don’t get me wrong… I believe that Florida offers some exceptional values. This house may be a good buy. I plan to buy real estate in Florida.

I have Ecuador beach property too.

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Our Ecuador beach property tours also inspect Bahia.   We dine at Hotel La Piedra.

Great dining on the water.

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Delegates especially enjoy the Bahia beach view condos for sale. Here is one we viewed.

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Wise investors look for value everywhere.  This is a time when value is king and Ecuador beach pricing offers great value.

Gary

We also provide excellent contacts on our Ecuador beach property tours. Here is one tour meeting with our attorney Floridalva Zombrano.

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Flori is one of the few attorneys with such experience that when she conveys a property, a US title insurance company will provide US title insurance.

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Here I am with Flori and Kjetil Haugan the owner of Palmazul and developer of Vistazul condos.

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Learn more secrets of longevity on our Ecuador Shamanic Mingo Tour. Then visit Ecuador real estate on the Ecuador beach and Andean real estate tours.

June 12-14 Shamanic Mingo Tour

June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

Attend any two Ecuador courses or tours in a calendar month…$949 for one.  $1,349 for two.

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two.

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We love the beaches at Palmazul… miles of private walking north…

Learn how to have an Ecuador export business on our Ecuador Export Tour.

July 4-8  Ecuador Export Tour

July 8-9 Imbabura Real Estate Tour

July 10-13 Ecuador Coastal Real Estate Tour

Attend any two Ecuador courses or tours in a calendar month…$949 for one.  $1,349 for two.

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two.

and Palmazul beaches south.

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Summer Autumn & Winter 2009 Courses and Tours

July 24-26 IBEZ North Carolina

Sept. 17-21 Ecuador Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

with truly great sunsets seen from the Vistazul condos.

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Oct. 9-11 IBEZ North Carolina

Oct. 21-24 Ecuador Import Export Expedition

Nov. 6-8 IBEZ Ecuador

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador courses or tours in a calendar month…$949 for one.  $1,349 for two.

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two.

See the entire Wall Street Journal article : A Florida Court’s ‘Rocket Docket’ Blasts Through Foreclosure Cases at  online.wsj.com/article/SB123491755140004565.html


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