San Clemente fishermen in front of Palmazul at dusk.
We have ten mid Ecuador beach real estate tours from December 2009 to December 2010, each lasting 4 days including travel to and from Manta. You should arrive in Ecuador one day before the tour travel date.
How is this for an Ecuador beach view?
This is a view from houses built above Crucita. We bought condos just off the beach about three fourths of the way to the bluff in the distance.
Would you like this sunset view on Ecuador’s coast from your front room?
Our mid Ecuador coastal real estate tours cover a 60 miles stretch of beach from Manta to Bahia.
The tours focus a half day each on Manta, Crucita, San Clemente and Bahia.
Here is a house for sale in Crucita, front…
and back…asking $105,000.
Is this close enough to the beach? Remember that tides and high waves diminish as they grow closer to the equator and this beach is on the equator…in Ecuador. What a relief not to have the worry of hurricanes on the equator and much less worry about coastal erosion.
More on the tours in a moment…first some geography….and three warnings.
There are four Provinces on the coast, Esmeraldas, Manabi, Guayas and El Oro. Three main cities are Esmeraldas in the north. Manta (Manabi) in the middle and Salinas (Guayas) much further south on the coast.
Development radiates from each of these towns. There is much less developed property between each.
There is enormous growth potential in each of these areas…but let’s get down to the nitty-gritty, the three warnings, first.
Warning #1: Health
We rarely go south of Salinas into South Guayas or El Oro Province. The beach gives way to mangrove…conditions are more primitive and there are health concerns. For example one authoritative medical website wrote:
“5 persons have died so far in 2006 because of meningitis and hemorrhagic dengue, conditions that are affecting coastal areas in Ecuador , Dr. Ivan Zambrano, Ecuadorian Minister of Health, announced on Thursday, 09.02.2006. He pointed out that the main epidemics caused by the intense rainy season are classic dengue fever (561 confirmed cases) and hemorrhagic dengue fever (23 confirmed cases, including 3 deaths). He indicated that coastal provinces mostly affected by dengue fever are Guayas (310 cases) and El Oro (Peruvian Border, 118 cases). Dr. Zambrano stated that the sanitary situation in Ecuadorian coast is ‘worrisome’ because of the effects of heavy rainfalls.”
If you plan to go south on the coast, see a MD and get your vaccinations. Merri and I do not take shots so we generally avoid this part of the coast. Plus the water is not so good on Ecuador ’s coast. Unlike our high Andes hotel, El Meson de las Flores, where we drink water from the tap, we drink only bottled water…anywhere on Ecuador ’s coast. Over a decade ago, when we were exploring every inch of Ecuador, we went to this area and it was the only place that we were sick…and also found that this area did not hold our interest in any way.
Warning #2: The Shakes
There are also…like in California , earthquakes. The Andes and this region is a new geological location (in geological terms) so this area is more prone to the shakes than for example our home in our other home North Carolina’s Blue Ridge which is a very ancient, very settled geological formation. The equator is delightfully free of hurricanes and typhoons…but I guess anywhere there is a huge body of new mountains and large amounts of ocean there is some risk of natural disaster. Earthquakes are this regions nemesis…and yes, there is earthquake insurance.
Warning #3: Colombian Guerillas
Plus we avoid Esmeraldas…too close to the Colombian border. When you are in doubt about an area, a simple rule of thumb is …”follow the missionaries”. They are a fearless lot, going places where most people won’t. If missionaries won’t go somewhere, you probably should not either. The Latin America Missionary web site recently wrote about Esmeraldas:
“Miami (LAMNS)—New reported threats against Americans in Colombia are once again causing U.S. missionaries to be careful about their movements. Along Ecuador ’s coast near the city of Esmeraldas , Batchelor reported that missionaries have had to take caution.” Another thing that has caused us to not have interest in this area is that it had more humidity and heat…and although we love the sun, we do not like these qualities.
There you have it…three warnings. This may seem a strange way to invite you on a tour, but having taken thousands of people there…all, I might add, without a single mishap…I know that some people should not come to Ecuador’s coast at all. I hope I have weeded the more particular who only like their sand and surf, mopped, groomed, with casinos, shopping centers and lots of entertainment. If you love immaculate, sterile, cold, paved, polished, flashy or high rise…do not come on this tour! Stop reading here.
This may seem strange because you may not have heard this before from those who sell land on the coast. They may forget to mention these warnings because they want you to buy land on the coast. Selling that land is their job.
We are publishers and we sell information, contacts and tours. We offer tours all over Ecuador. We do not sell real estate. Our obligation is to you, our reader, and we never take commissions or any reward for the sale of land. Our staff is forbidden to accept real estate commissions. One developer in this area offered to give us a fully serviced lot with incredible ocean views. He appreciated that 16 of our tour delegates had purchased lots from him. We were polite but we refused to accept the gift.
We are looking after you our reader. We are not property sellers! In fact we will encourage you not to buy real estate on your first trip…though I have to admit we are often ignored.
Having said this…for the adventurers and even slight adventurers, if you would like to see mile upon mile of coastline that is empty, wild, wonderful, alive, beautiful paint peeled and a bit rough around the edges…then read on!
The Ecuador mid coast real estate inspections begin in Manta, which is the major city where you will see condos, houses, some theaters, shopping malls, etc. We visit many Manta condos like this, with…
views like this. They typically run about $100 a square foot. This is usually the most expensive price you’ll see… by far.
Another Manta condo has…
this view from condo balconies. This condo has a nice infinity pool with quite a view.
We look at Ecuador beach property in San Clemente also. This is where Merri and I have purchased. Our apartment is top floor, left here at Palmazul Spa.
These are 1,200 square feet, two bedroom, two bathroom condos selling as low as $79,000 including clubhouse membership.
Here is one of our groups taking a closer look from the roof garden of one Vistazul condo. These beach condos are just one of many properties we view on our tours.
Merri and I scoured Ecuador for 13 years and have driven its coast, top to bottom, again and again. We have taken thousands of people on real estate tours here. We finally settled in the high Andes and this part of the beautiful Pacific. We have a house in the mountains and our apartment and condos here on the sea.
The tour actually begins a day before the group starts looking at real estate when flying from Quito to Manta. Then travel from Manta by luxury bus and inspect real estate in Manta, Crucita and the next day north to Bahia and return to Quito on the fourth day.
We stay at Palmazul and see the Vistazul project where the spa facilities are available to home owners. Nice… living in a spa, on a beach, Palmazul. Tennis court, pool, beach, fine dining, exercise room and all. The hotel provides a nice discount to tour delegates by the way.. only $60 a night ($45 per person for double occupancy) plus 22% service & tax. This includes breakfast & dinner.
We look at all types of property for sale in this area. Here are more Palmazul shots. Here is the beach at Palmazul looking to north and…
We view condos offered for $30,000, $25,000… even some cute little, three bedroom houses just off the beach that are $21,000.
Then we’ll head north to Bahia, the nicest town on the coast, Bahia has 50,000 people and is Ecuador’s first Eco City. We view condos, houses and lots for sale along the way. Here is a Bahia beach condo.
Condos like this are often offered at $75,000 with views like this…
In Bahia, we’ll also stop by Casa Ceibo to see how an old houses like this…
This is an old B&B for sale at $60,000 (asking) near Vistazul.
Casa Ceibo was an old house transformed into…
a luxury, boutique hotel that…
our delegates enjoy visiting.
We cram in as many properties as we can without neglecting some time for fun and relaxation.
We also take walks on the empty San Clemente beach.
What specific properties will be shown? I do not know. The tour is researched just before we start, inspecting land and buildings that are for sale at that moment so we can maximize the efficiency of your trip. Our goals are to find a cross section of property.
In the end you enjoy four days of travel with like minded souls led by experienced travelers and real estate buyers and our trained staff, who know the area…who can provide you with all the important reliable contacts you need…attorneys…property inspectors… architects and brokers who can work with you… in English.
I guarantee that you’ll save time… and avoid trouble. You’ll gain safety, get to see many more properties on wonderful surf and sand.. than you would see on your own.
The tour fee includes the course, all bus travel, plus pickup and return to Quito airport if required.
The fee does not cover round trip air fare from Quito to Manta, accommodations or food. Quito/Manta round trip fares (our group price) are $98 at time of this writing. Palmazul is $60 per night ($45 per person for double occupancy) plus 22% service and tax including a full breakfast and dinner. A typical lunch is $5.
How We Can Serve You
2015 ScheduleSchedule 2015 Seminars and Courses
Delegates enjoy taking breaks at our winter courses in Mount Dora.
We conduct our summer camps at Jefferson Landing in West Jefferson North Carolina.
Join us in balmy Central Florida in the winter and the Cool Blue Ridge in summer.
Join Merri and me for all the courses and seminars that we’ll conduct to help you gain positive solutions to your economic, financial and lifestyle concerns.
Here are the courses we currently have scheduled in 2015. Course in bold conducted by Gary & Merri Scott
Oct. 10-11, 2015, West Jefferson, North Carolina. Multi Currency, Protect Against a Weak Dollar Investing Seminar. (Normally $799 or $999 for a couple)
The Best Multi Currency International Investing Seminar in 32 YearsCash in on the best opportunity in 32 years. Currency diversification has always been important for safety, but right now a multi currency opportunity is brewing and has more profit potential then you have seen in over three decades.
Our “International Investing Seminars” started 32 years ago at about the best time for investors ever. Over these decades our semi annual seminars have updated what’s going on in global investment markets and what to do. In all those years, few times offered as much long term opportunity as in 1982.
Join us to learn the great opportunities that are just ahead.
Mount Dora Florida. Multi Currency, Protect Against a Weak Dollar Investing Seminar. (Normally $799 or $999 for a couple)
Sept 4-5-6, 2015, West Jefferson, North Carolina. Multi Currency, Protect Against a Weak Dollar Investing Seminar. (Normally $799 or $999 for a couple)
Our summer and autumn courses are at the Jefferson Landing Country Club.
Finally, conditions have come full circle and the several conditions are coming together just as we saw at our first seminars in the 1980s. The US dollar. the US stock market and the price of oil are acting almost exactly as they did in the early 1980s. Knowing the conditions and why they have merged and what to do about them can help you create a fortune.
One way to tap this potential (we’ll review this at the seminar) is to invest in a Good Value Country Strategy with ETFs (Country Index Exchange Traded Funds). For example there are currently ten good value developed markets, Australia, Austria, France, Germany, Hong Kong, Italy, Japan, Norway, Singapore and the United Kingdom. You can easily create a diversified portfolio in each or all of these ten countries with Country Index ETFs.
We review more than two dozen Country Index ETFs at the seminars. One example is the iShares Germany MSCI Index ETF.
Click on image to enlarge.
Germany’s stock market is a good value market. Germany has the world’s fourth largest economy. The country is the third largest exporter in the world and in 2013 recorded the highest trade surplus in the world making it the biggest capital exporter globally. Yet German shares have been overlooked. German share prices are cheap.
The problem most investors have is knowing which German shares to buy. The country Index ETF solves this by investing in almost all the shares traded on Germany’s largest stock exchange in Frankfurt. The iShares Germany MSCI Index ETF is a share traded on the New York Stock Exchange that invests in 85% of the shares in Germany. This ETF is a passive fund that does not try to outperform the growth of the German Stock Market. The managers simply track the investment results of the MSCI Germany Index.
The MSCI Germany Index is designed to measure the performance of the large and mid cap segments of the German index is composed of the stocks of 54 different German companies and covers about 85% of all the German equities. Germany’s ten largest companies compose about 60% of the index. These ten companies are: BAYER (Health Care) composes 9.91% of the index – SIEMENS (Industrials) 7.89% – DAIMLER (Consumer Discretionary) 7.04% – BASF (Materials) 6.81% – ALLIANZ (Financials) 6.65% – SAP STAMM (Info Tech) 5.69% – DEUTSCHE TELEKOM (Telecom Srvcs) 4.46% – DEUTSCHE BANK NAMEN (Financials) 3.66% – VOLKSWAGEN VORZUG (Consumer Discretionary) 3.18% – BMW STAM (Consumer Discretionary) 3.15%.
The iShares MSCI ETF invests in all the important sectors in the German market, so your one investment in the ETF gives you a spread of good value German shares.
The fund has over 4 billion of assets and those assets are invested mainly in the 54 German shares, so your investment gives you enormous diversification within the German stock market. What makes ETFs such easy and simple investments is that even a small investment of $1000 (at this time) will buy about 25 shares. For just $1,000 the investment is spread into this vast powerful, good value equity market.
At our seminars we review Country Index ETFs for every good value stock market in the world. One benefit of these ETFs is that investors can invest very small amounts so it is possible to invest in all good value countries, even if your portfolio is not large.
You save on tax. Managed funds exert a heftier tax bill on your portfolio than passive products. You save on reduced portfolio turnover. Every time a manager makes a trade, there’s a cost. ETFs invest in the shares that compose the index and do not trade. During 2013 actively managed funds in the US turned over 85% of their holdings. Remember that this activity resulted in poorer average results than the indices for 75% of these funds.
Join me at our 2015 seminars to explain how to use ETFs and much more. The “International Investing Seminar” looks at how to protect purchasing power and pensions with multi currency investing. The course teaches how to add safety and create to profit from multi currency and global equity cycles.
Value Investing Outside the Box. Here is a partial syllabus of the seminar:
* See new breakout possibilities… in global investing.
* Benefits of early investments in an oil that’s up 22.8 times in the past ten years.
* Beyond Gold. Three hard assets that protect against all currency erosion.
* The Small Country Effect. Why small markets rise more than large ones.
* Top Value small markets and how to easily invest small or large amounts.
* The best four currencies for the year ahead.
Few decisions are as important to your wealth as WHICH CURRENCIES to invest in. This has been our area of expertise since the 1970s. Learn how to use ETFs to gain multi currency diversification.
Details in this session also include:
* How to easily buy global currencies, shares and bonds.
* The benefits of investing in real estate in Small Town USA. We will share why the value is special and why we have been recommending good value real estate in this area since 2009.
* What’s up with gold and silver. One session looks at my current position on gold and silver and asset protection. We review the state of the precious metal markets and potential problems ahead for US dollars – how interest rates at zero eliminate opportunity costs of diversification in precious metals and foreign currencies.
* New tax strategies. How to create businesses that earn income and reduce tax.
Gary Scott at a multi currency session
The course begins with a 1000 Year Economic Review that leads us up to where markets are in 2015.
Learn how to:
* Find good investing value.
* Use Multi Currency Portfolios.
* To use multi currency for diversification-speculation & hedge.
* Earn in water and agricultural investing.
* Gain with special situations now for aggressive growth
Join Merri and me for this multi currency economic update seminar.
Gary Scott speaking to 400 delegates in Quito, Ecuador
Sept 4-5-6, 2015, West Jefferson, North Carolina. Multi Currency, Protect Against a Weak Dollar Investing Seminar. (Normally $799 or $999 for a couple)