Million Dollar Ecuador Beach Construction Deal


Here is a million dollar Ecuador beach construction deal.

There is construction opportunity in the Vistazul complex.

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Entrance to Vistazul.  (Click on photos to enlarge)

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Vistazul is comprised of 38 condos overlooking a wide expanse of beach on Ecuador’s Pacific Ocean.

(Click on photos to enlarge)

Vistazul residents enjoy the use of spa and swimming pool at the Palmazul Hotel across the road, walking along the beach each morning as the local fishermen bring in their catch, and viewing spectacular displays of color each evening as the golden sun slowly sinks below the blue Pacific.

The Club House has been complete since 2008.  The Palmazul Artisan Designed Hotel & Spa is a stylish and brand new hotel which opened in January 2008 and represents a new trend in Ecuador where local artisan work is combined with luxury and comfort.  The hotel has been updated in 2012.

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Entrance to…

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Palmazul… the Clubhouse

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Clubhouse beachside.

Palmazul offers gourmet food through its Cocomar restaurant,where there is oecan view dining.

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Cocomar restaurant.

Dinner here is special too. You can visit this Ecuadorian fisherman when he brings in his fresh Pacific catch each day back to the hotel….where you can choose your meal. Few Ecuadorian coastal hotels offer this service.  Wonderful Pacific fish, crabs and shrimp that are huge…like this….cooked at the hotel minutes after they are brought off the boat.

Residents have access to relaxing massages and aromatherapy at the Arena spa and can stay  fit with its 60 foot swimming pool, tennis court and beach walking.

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Club house infinity pool on the beach.

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Arena Spa by the pool.

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All Vistazul residents have access to the semi – private beach via the club house.

 

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View from Vistazul rooftop

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Sunset at Vistazul.

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Sunset from the clubhouse.

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There is an opportunity to build a total of 32 extra units above and below the existing Vistazul project.

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Layout of Vistazul.

The original developer sent me this note.

Gary, I would like to sell  the remaining “alicuotas”in my project.   These are the approved rights to build on the land we own.   Everything is ready to  transfer of this the “alicuotas” which gives the builder the permit to build 32 two story units in six different buildings. These can be built down by the road, up the hill or in a combination.

Most of the infrastructure for the expansion is ready or will be soon.

The only cost for a builder will be the construction + some internal roads and landscaping.

Construction cost should not be higher that $ 350-400/m2 (appx. $35 to $40 per square foot).   Existing units are selling in the $80,000 each range.  I receive many requests and believe  that completed units will sell well especially if financing is offered.

This gives a possible profit of $1,000,000 for an experienced builder.

I am asking for $300,000 cash or will subordinate payment to sale of construction at a rate of $13,000 per unit built.  Kjetil Haugan

The Area

This is an ideal place on Ecuador’s coast where a great deal of the beach expansion is now taking place.  You can see below how tiny San Clemente is ideally placed between Manta and Canoa.

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San Clemente is for those who want to avoid the bustling city.

However Vistazul is where the action is in San Clemente… a first class boutique hotel.

San Clemente is a small charming rustic, coastal village, 45 minutes north of the port city of Manta, almost exactly in the middle of Ecuador ’s coast.

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This property is especially unique because…

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the village is quiet and leads to dead end road that serves…

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this strip of the Pacific. The road runs only a mile or so, has speed bumps and ends into the mountain.  No big project can come in and create a lot of noise so these existing permits have special value.

Palmazul is perfectly located on a dead end road..enjoying proximity to town yet quiet as there is no through traffic. Transportation is also easy and fun…small motorcycles with a seat!

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San Clemente taxi.

Contractors with building experience who have an interest should contact Kjetil Haugan at kjetil@columbustravelgroup.com

Gary

Visit this project during one of the upcoming Ecuador Multi Dimensional Farm Tours

Ecuador Agricultural Real Estate Tour

For current Ecuador Agricultural Real Estate information send me a note at gary@garyascott.com

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Ecuador coffee farm entrance.

The original owner spent two years searching for the perfect location to duplicate the exact terrain, altitude and growing conditions of the most successful coffee farms of Boquete, Panama and Columbia.

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Terrain and coffee plants.

After walking with an altimeter in hand and talking to reclusive indigenous farmers, this region was discovered with all the perfect conditions to cultivate exceptional Arabica coffee trees.

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Owners house with roof terrace.

This is a micro climate, blessed with abundant rainfall, in clean mountain air, bounded by a clear trout filled year around rushing river, protected from extremes of wind and large temperature fluctuations,  perfect for growing coffee.

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Open drying patio.

It has 11 hectares planted (manageable for a single owner), with approximately 50,000 Arabica, varietal Caturra (self pollinating) coffee trees which  are perfectly distributed over a hillside interspersed with a variety of fruit trees for shade.

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Oranges grown to protect coffee trees.

No problem selling this crop for top dollar due to its proven high quality.  The coffee sales last year grossed $70,000 so after $25,000 expenses, $45,000 was the net income.

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Coffee beans.

As well, an experimental 1 hectare of Geisha varietal.  Geisha is considered to be one of the finest coffees in the world and garnered the highest auction record in coffee history, fetching $170 per pound in 2010.  The first harvest of this varietal is expected in about 2 years.

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Coffee plants grown in greenhouse on farm.

This Andean  location provides an ideal environment for coffee growing without damaging the unique habitat of many species of birds.   Arabica coffee trees are a major source of oxygen production.  Each hectare produces 86 pounds of oxygen per day which is 50% of rain forest habitat.  Ecuador is a biologically diverse country with an abundance of birds, amphibians, reptiles and butterflies.  Inca Mountain Coffee Farm is ecologically in harmony with its environment.

The Arabica coffee trees are 6 years old, providing remarkable yields, allowing for continuous flowering and two annual harvests (major harvest Feb-Jun and minor harvest Oct-Nov).

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Covered drying patio.

In the yearly Golden Cup competition, coffee from this farm was a finalist in 2011.

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Seasonal worker harvesting coffee.

Owner’s house – 900 sq/ft, 2 bed, 1 bath, with lots of marble, built in cabinets in both bedrooms and upper roof porch

Caretaker’s house – divided into multiple rooms with bathroom

Land line phone installed and operational

110 and 220 volt electric lines

Equipment:  2 coffee bean pulpers with 2 water tanks, 2 weed whackers, misc. tools, scale for weighing coffee bags

1 large uncovered drying patio and 1 covered drying patio

2 full time highly experienced workers – monthly payroll is $650 (plus more during harvest for seasonal workers)

Average yearly expenses:  $25,000 (all payroll, fertilizer, harvesting expenses, utilities, taxes)

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This clean mountain river that runs year around with trout.  Also, access to mountain water for farm irrigation, though it is rarely needed.

Farm is fenced along road.

You can set the date for your own tour.

The Ecuador farm tour fee is $799 for single or  $999 couple.

Case Study #3:   This third case study shows an American who has created a   large Ecuador agri operation. This is the farming operation set up by Young Living Essential oils.

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After creating a marketing system for the oils and farming in the USA, Gary and his wife…

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moved to Ecuador… began a large farming operation as well as…

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there own processing and a health spa.

Ecuador is a perfect place for many types of agriculture… large and small.  Find your farm in the safe and efficient way on an Ecuador Agricultural Tour.

For efficiency and logistics this tour is strictly limited to 15 people… 4 persons per four wheel drive vehicle.

You can set the date for your own tour.

The Ecuador farm tour fee is $799 for single or  $999 couple.

 



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