Manta Ecuador Good Value Condo


Here is a Manta Ecuador Good Value Condo.

Owning real estate abroad is one way to diversify for safety and  to preserve purchasing power.

manta-condo

Ecuador real estate is in the second phase of a growth curve.   When Merri and I arrived over 15 years ago and began researching and buying real estate the prices were so low and value so high it was almost unbelievable.  We saw fully developed beach lots for $2,500…  12 acres on the beach for $18,000… coastal condos for under $20,000.  We bought wonderful land at below $100 an acre… then.

In this second phase, prices have risen but there are still bargains of extreme value like this condo in Manta.

manta-condo

This is a spacious apartment with a large terrace overlooking  Manta.  This unit is 30 meters ( 33 yards) from Playa Murcielago in the best part of section Umiña.   This is a  jewel with 4 bedrooms and 4 baths, (1 with Jacuzzi).  One of the bedrooms even has a private porch on the side.

manta-condo

There is a separate laundry room.

The total living area is 280 m2 (appx. 3,000 square feet) plus a two car garage and storage, with a total over 300 m2.

manta-condo

There are two  entrances to the apartment.

Most rooms have A/C.

The condo has five apartments total. The entrance has electric gates and 24 hour live security plus the apartment is very well maintained.

The asking price of  $175,000  works out at $ 580 per m2 or less than $55 per square foot.

For more details contact Jean Marie Butterlin at jean@ateamecuador.com

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We DO NOT investigate properties when they are advertised so be sure to complete your due diligence and always use an independent Ecuador attorney who represents you (not the seller) when you buy real estate in Ecuador. We also recommend that you rent before you buy and become familiar with Ecuador.

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