Tag Archive | "owner"

Ecuador Golf Course for Sale


This 9-hole Ecuador golf course is for sale.

See more on Ecuador golf

This is a small business opportunity, a 21.39 acre estate with an executive golf course, pitching and putting, 6 greens on a 5 acre area.  It has six cabins plus a two bedroom, one bathroom house.

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This property was one the market at one time at a price that was too high… $1.6 million dollars.

Now the owner has adjusted it down to a realistic price  $860,000 in his offer below… but I believe he will take less as he offered us a commission which we explained we do not take.  Use this fact… that you are coming to him without a brokerage cost… if you get into a negotiation.

Here is what the owner sent

Rancho Totoral Hostería & Laguna Golf Course

Business & Promotion

NAME:       RANCHO TOTORAL HOSTERIA & LAGUNA GOLF COURSE.

OFFERS:
•    A 85,574.01 m2 Lot (21.39 acres approximately)
•    An executive golf course, pitching and putting, 6 greens in a 2 hectares (5 acres) area, with a sprinkle irrigation system; 3” water pump with a 10 H.P. diesel motor.  The irrigation water supply is from the property reservoir. (Off season)
•    The right to have 15 hours 40 minutes of irrigation water.
•    BENYE 254 –Tractor.
•    CARONI 3 blades LAWNMOWER (rough cut).
•    TORO REELMASTER FRAME 7 blades reel to cut fairways.
•    MOTOCULTOR BCS 745- 3blades LAWNMOWER to cut prior greens grass and to aerate the golf course.
•    TORO GREENMASTER 1000- to cut greens extra fine.
•    GROOMING REEL – attaches to the GREENMASTER to make vertical cuts to the greens.
•    A 1.000 liter tank to fumigate (2 wheel axis, rim 15) with a 3.5 H.P.  BRIGGS STRATTON gas motor and a 1.5” pump.
•    WAGON (2 wheel axis rim15).
•    REPAIR WORKSHOP with a variety of maintenance tools.

HOSTERIA:
•    6 LODGE CABINS (31 m2 or 333,56  sq2), each one in excellent conditions, color T.V., wall to wall carpet, balcony with lagoon and mountains view, unique garden bathrooms. Two double beds in each room.
•    RESTAURANT/CAFETERIA- max capacity 60 guests, bar, lounge, direct TV service, restrooms, lobby and kitchen in an area of 269 m2 (2,894  sq2).  All restaurant and kitchen items included.
•    PATIO area- roof, includes a clay oven and a laundry room
(47 m2 /505,72 sq2).
•    CLEAR ROOF TERRACE PATIO (120 m2 / 1,291.2 sq2).
•    HOSTERIA  MAIN ENTRANCE with an electric gate.
•    MAYTAG Washer and Dryer.
•    RESERVOIR CISTERN of 16 m3 for drinking water.
•    HOUSE on 2nd story includes: 2 bedrooms, 1 bath, living room and a loft (147 m2 / 1,582.72 sq2)
•    LAGOON ACCESS with a 64m  shore.
•    Wonderful gardens and cobbled paving paths.

VALUE OF PROPERTY, CONSTRUCTION, EQUIPMENT AND MACHINARY.

•    A 85,574 m2 Lot (21,39 acres) based on Municipal appraisel.
•    Six available cabins (186 m2 / 2,001.36 sq2  approximately).
•    Restaurant, Restrooms, lounge with DTV, front desk lobby, and kitchen (269 m2 / 2,894 sq2 ).  includes restaurant supplies for 100 guests.
•    A 2 bedroom 1 bath apartment on second story and a loft on the third floor.
•    Outdoor lounge, a clay oven, and worhshop (47 m2 / 505.72 sq2 )
•    translucid roof terrace patio (120 m2 / 1,291.20 sq2).
•    pressure Water pump,  maytag washer and dryer.
•    cistern (16m3) drinking water reservoir.
•    cobbled paving paths, gardens, and electric gates.
•    executive golf course (pitching and putting, 6 greens,
(off season )
•    golf course  machinary:
•    BENYE 254 –Tractor.
•    CARONI 3 blades LAWNMOWER (rough cut).
•    TORO REELMASTER FRAME 7 blades reel to cut fairways.
•    MOTOCULTOR BCS 745- 3blades LAWNMOWER to cut prior greens grass and to aerate the golf course.
•    TORO GREENMASTER 1000- to cut greens extra fine.
•    GROOMING REEL – attaches to the GREENMASTER to make vertical cuts to the greens.
•    A 1.000 liter tank to fumigate (2 wheel axis, rim 15) with a 3.5 H.P.  BRIGGS STRATTON gas motor and a 1.5” pump.
•    WAGON (2 wheel axis rim15).
•    REPAIR WORKSHOP with a variety of maintenance tools.

ASKING PRICE   $ 860.000,00.-

Contact

EDUARDO VILLALOBOS
RANCHO TOTORAL HOSTERIA & LAGUNA GOLF COURSE
rtotoral@imbanet.net
www.ranchototoralhosteria.com
P.O. BOX 10-01-224  Ibarra
Telefax: (593-06- 2955-544)
Cell:  094805605

Here is more on this Ecuador golf course for sale.

The lake in question is Laguna Yaguarcocha, just five minutes north of the city of Ibarra and a little more than half hour drive along main highways north from Cotacachi.

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There is a ridge which runs between the lake and the city of Ibarra and from a local lookout point you get the view of the lake above and also the city below.

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The property is called Rancho Totoral.

Here’s a picture from just last Sunday of our Imbabura real estate group eating lunch on the newly constructed patio. By the way, Eduardo the owner, tells me the architect designed roof over the patio cost just $8,000 to put up last summer.

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Last Sunday, just as all our delegates were finishing lunch I strolled over to Eduardo and asked if he wanted to present his project. He has about 22 acres in total and had been thinking of building some townhouses with a local constructor. To my complete surprise he said, “..well actually me and Patricia (his wife) have decided to sell the whole property”.

Suddenly I found myself with unexpected news to convey to the group. As we strolled out on to the grounds, one delegate, a successful internet company owner, said “let me guess – $1.8 million” and I said close ” but the asking price is $1.6 million”.

Of course, not all of us have that kind of money but if that price sounds a little high, bare in mind that just bare land around this desirable lake is selling at $10 per square meter and Eduardo’s price is only for the land and buildings – he’s asking $18 per square meter for thousands of square meters of construction and a 9 hole functioning golf course with the business thrown in. Here’s a shot of one of the fairways below with the lake and mountains in the background.

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The altitude here is just under 7,000 feet and as such the climate is warm with only the slightest hint of an early morning chill. Here is the 44 seat restaurant below and the building it’s inside. (The patio can seat a further 100 people).

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This area has a perfect climate around the lake and not surprisingly the lake is a weekend trip destination not just for Ibarra’s inhabitants but also folks from Quito and even further away. Here’s a couple of early morning shots of the lake as I arrived yesterday with the early morning mist just about burned off.

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Laguna Yaguarcocha is also the site for Formula 3 races around a fast circuit and previously the races were run on the road that runs clean around the lake. Paragliding is a popular early morning sport, launch yourself of a nearby hill and glide serenely over the lake just as this guy was doing yesterday morning. Snow capped Cotacachi volcano was easily visible through the trees in the distance this clear morning.

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Here are some shots of the road outside Rancho Totoral and also the entrance to the property and the driveway down to the restaurant and house, one think I like about this property is the mature gardens and tremendous variety of plants and trees.

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Patricia and her daughter in-law relaxing outside the house

The golf course itself is the only one in the country north of Quito. You can go round and round the course all day long for $25. It’s pretty much a pitch and put course although I can assure you that wouldn’t be the case for me! Mind you if I owned this property I’d be out walking this property every morning just as I did with Eduardo yesterday morning.

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Irrigation.

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The bar and kitchen.

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More cabin shots.

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Lake Yahuarcocha.

Here are a couple of shots of the course.

There is wonderful club house.

Lush Gardens

And some charming guest cottages on the first tee. We’ll visit them again next course. Hope you’ll join us there.

There is a race track that wraps around Yaguarcocha Lake.

One wonderful thing about owning Ecuador real estate is that there is just about everything in this area from hot springs, to glorious mountains to great fishing to wild cloud forest preserves to golf to Formula 3 car racing.

Several delegates recently went to the races at lake Yaguarcocha. You can see some shots of the race below.

Start of the Ecuador real estate races at Yaguarcoacha

French participate in Ecuador real estate races at Yaguarcoacha

Winner at Ecuador real estate races at Yaguarcoacha

Last April, 2006 it was announced that Latin America motor sport took a big step forward by introducing the PanAm GP Series races. This is a brand new racing series that makes a significant impact on racing in Central and South America.

This series includes races in Mexico, Guatemala, Costa Rica, Columbia, Venezuela, Ecuador, Panama and the United States at Homestead in Miami. There is extensive TV coverage on the Fox network.

Although Merri and I are not fans, for those that like this type of sport there are many kinds of races from Formula 3 to motor bikes to souped up go carts here that add one more business dimension to this land.

Whether you want real estate in America, Ecuador or anywhere in the world, look for distortions. They offer value that can improve your lifestyle and increase your wealth.

Here are more pictures.

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On our last real estate tour.

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Landscaping and…

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the cabanas from…

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far and…

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Here is

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the entrance and restaurant.

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Contact

EDUARDO VILLALOBOS
RANCHO TOTORAL HOSTERIA & LAGUNA GOLF COURSE
rtotoral@imbanet.net
www.ranchototoralhosteria.com
P.O. BOX 10-01-224  Ibarra
Telefax: (593-06- 2955-544)
Cell:  094805605

Gary

See this property on our real estate tour. Enroll here. .

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.

Ecuador Luxury Villa in Loja Ecuador


Ecuador Luxury Villa in Loja, Ecuador

loja-ecuador-villa-for- rent tags

Here is an advertisement for an Ecuador Luxury Villa for rent (or sale) in Loja Ecuador.

One of the first cities Merri and I ever visited in Ecuador was Loja, the capital of Loja Province and Loja Canton.

We never had a chance to visit this small town again in the last half dozen years (population about 200,000) which has been to our regret.  Loja has a lot to offer… but gringos seem to have missed this.  And also we can just imagine how much things have changed and progressed there.

Loja is in the south of Ecuador and is gateway to Vilcabamba and several other valleys of longevity.

Loja-map-Ecuador

This map is from travel.nationalgeographic.com

Vilcabamba has blossomed along with Quito, Cuenca, Imbaura province and Manabi on the coast… but I have not heard much about Loja.

This makes me suspect that this is a great missed opportunity because with Peru near to the south, Loja is rich in tradition, arts, music and hosts two major Ecuador universities.

Loja is also at a lower altitude the Quito, Cuenca and Cotacachi at about 6800 ft. Plus its climate is somewhat milder 64 to 90 degrees F.

Loja is very civilized, was the first city in Ecuador with electricity, yet is near the Cuxibamba valley, Amazon Basin, Peruvian sechura and Podocarpus National Park, which is a huge cloud-forest reserve near Loja.

Two rivers, the Rio Zamora and Rio Malacatos are in Loja.

So I was happy when Dario Espinosa at javier200@hotmail.com sent this advertisement for a rental (and/or sale) in Loja to me.

Villa Serena is a large, well furnished luxury home with six bedrooms and suites.

All rooms have high-tech  LCD TVs, DVD players, safes and iPod docking stations.

loja-ecuador-villa-for- rent tags

All beds are either king or queen size and in all cases, are fitted with comfortable mattresses with high thread count cotton sheets.

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Villa Serena can accommodate twelve guests (five couples and two singles with  three additional daybeds available for children or single guests).

Each bathroom is utterly unique and several bathrooms have a Jacuzzi as well as shower.

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Villa Serena offers style, every modern convenience but is steeped in colonial charm.  The villa is built around a magnificent courtyard with a fountain and wide corridors.

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There is also a top-of-the-line kitchen with all modern appliances.

loja-ecuador-villa-for- rent tags

There is a formal dining room, bar and comfortable outdoor and indoor seating areas,  a three-car garage.

There is another reason to visit Loja beyond just getting to know and looking for value in this city.  As mentioned Loja is the gateway to Vilcabamba… which has become popular as a valley of longevity where many expats have settled.

There are several other longevity valleys near Loja that are stunning and have always been even less in cost and less crowded.

Jungilla is an example.  I wrote this about Jungilla in 2000:

Jungilla is idyllic…like a Swiss mountain valley covered in Irish emerald green. Explosions of white pampas grass line the road and swaths of forest and cotton wool clouds cover the broad valley floor. Waterfalls spring from the hillsides crashing hundreds of feet. Here, one 30-acre farm with a brand-new, 3-bedroom house had an asking price of only $25,000. Another 3-bedroom house with a central patio (and a tractor) was $30,000.

I suspect that prices are higher now, but bargains there will still abound.

Those who are interested in Vilcabamba but also looking for new places with extraordinary value may want to research and search these other valleys at the same time you go look at Loja.

Loja is the perfect stepping off point for such a venture… a place where you can enjoy the luxury of Villa Serena as you find value in Ecuador real estate as well!

Gary

Join Merri me and Thomas Fischer of JGAM and our webmaster David Cross in North Carolina this October and enroll in our emailed course on how to have a web business free. Save $299.

Learn more about global investing, how to have an international business and early retirement in Ecuador at the course.

Oct. 9-11 IBEZ North Carolina

Or join us in Ecuador and learn more about living and retiring in Ecuador.

Sept. 17-21 Ecuador Spanish Course
Sept. 23-24 Imbabura Real Estate Tour
Sept. 25-28 Ecuador Coastal Real Estate Tour

Oct. 21-24 Ecuador Import Export Tour

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.



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