Tag Archive | "architect"

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.

Global Business Warriors


International businesses are global business warriors.

If we could get everyone working together, making and serving each other around the world… we might avoid a lot of the confrontation and aggression we see today.  Who wants to blow up a good client?

See how this fact can help create income for you.

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This is why we have increased our focus on helping readers have their own global internet business in, to, or from Ecuador or anywhere.

There is a wonderful poem, the Warriors Creed. If more and more people apply this to business… perhaps we’ll have less war.

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On our Ecuador export tours we visit the San Rafael Reed Factory where they make reed mats, baskets and furniture… by hand. Here is a global business warrior busy making his reed goods that will sell around the world.

Here is the Warrior’s Creed:  I have no parents: I make the heavens and earth my parents. I have no home: I make awareness my home. I have no life or death: I make the tides of breathing my life and death. I have no divine power: I make honesty my divine power. I have no means: I make understanding my means. I have no magic secrets: I make character my magic secret. I have no body: I make endurance my body. I have no eyes: I make the flash of lightning my eyes. I have no ears: I make sensibility my ears. I have no limbs: I make promptness my limbs. I have no strategy: I make unshadowed by thought my strategy. I have no designs: I make seizing opportunity by the forelock my design. I have no miracles: I make right action my miracles. I have no principles: I make adaptability to all circumstances my principles. I have no tactics: I make emptiness and fullness my tactics. I have no talents: I make readiness my talent. I have no friends: I make my mind my friend. I have no enemy: I make carelessness my enemy. I have no armor: I make benevolence and righteousness my armor. I have no castle: I make immovable mind my castle. I have no sword: I make absence of self my sword.

This creed makes a good global business creed as well.  May many of you successfully apply it!

Gary

The greatest asset of all is the ability to labor at what you love wherever you live. This brings everlasting wealth.

This is why we are providing a special three for one offer with our  course Tangled Web… How to Have an Internet Business

This course can help you create your own internet business.

Our emailed course “Tangled Webs We Weave – How to Have Your Own Web Based Business” is a continuing educational program.  You receive the first 28 lessons when you enroll and a new lesson every week or two.

This course teaches how to create a web based business and is developed from the ongoing experiences that we have from our successful and profitable internet business.

This course is well worth the enrollment fee of $299… but currently you also receive two additional courses FREE.

The other two courses are #1: International Business Made EZ, and #2: Self Fulfilled – How to be a Self Publisher.

These two courses have sold for $398 and thousands have paid this price. We add them to your course, at no added cost, as I believe they will help you develop a better business in these crucial times..

Even Better Get All three Courses Free

To make this offer even more compelling,  I am giving everyone who enrolls in our North Carolina or Ecuador International Business & Investing seminar in October or November all three courses, “Tangled Web… How to Have an Internet Business Course,”  “Self Fulfilled- How to be a Self Publisher” and “International Business Made EZ” free.

During our North Carolina course we bring delegates out to the farm for lunch, here at our house.

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For a lunch and walk in the autumnal woods.

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We always conduct our autumn North Carolina course on the first weekend of October… traditionally the best time to enjoy  the leaf change.

Join us with Jyske Bank and my webmaster David Cross in West Jefferson North Carolina. Learn more about global investing, & how to have an international business at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

Or head south to Ecuador!

October 16-18 Ecuador Southern coastal tour Sold Out Waiting List Only

Oct. 21-24 Ecuador Import Export Tour

During the import export tour you’ll see how to turn this into cash.

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Plus we’ll see how to have coffee furniture like this table and chairs in one of our condos made at really low costs.

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Oct. 25-26 Imbabura Real Estate Tour

On the Imbabura Real Estate Tour… we’ll see new premium houses…

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designed by the architect who designed the house above and this one…

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now being built that you could own at a discount with…

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this view through your front window.

Join us with Peter Laub of Jyske Global Asset Management in Ecuador. Learn more about global investing, how to have an international business at the seminar.

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

This shorts weather photo was taken from our beach penthouse in February.

Join us in the mountains and at the sea.  Attend more than one seminar and tour and save even more plus get the three emailed courses free.

Attend any two Ecuador seminar 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

Plus be sure to see Sunday’s message to see what this means.

Ecuador-tours


Ecuador Scams


Ecuador scams are like scams anywhere in the world… best avoided.

There are enough scams in the world that we have no control over like… Madoff…  like Federal spending… like Social Security… like underfunded pensions.

Yet we can avoid scams  that we would otherwise bring on ourselves.

Decades ago we learned that there are many scams in investment markets which is why we have always focused on working with large, experienced global firms like Jyske Bank.

Here are delegates chatting in the courtyard of Meson de las Flores with Peter Laub of Jyske Global Asset Management during an IBEZ Ecuador course.

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Yet scams go way beyond the investing community and they are everywhere… including Ecuador.

When one moves to a new place… it is hard to know all the ropes. This is a bit frightening and often leads new arrivals or investors to depend more on other expats.

This can be a huge error… because Ecuador scams… or scams anywhere are promoted as often by other expats as they are by local residents.  

People are not more honest just because they come from the same country you do.

I learned this the hard way when I moved to Hong Kong almost 41 years ago.

I had a really wonderful apartment in the mid levels of Hong Kong on Bowen Road.  “Bowen Do Ng Ho” (Bowen Road #5 – This is the last of my Cantonese!)  We had an extra bedroom we rented to a very nice American woman. She met a guy who became her boyfriend… a redheaded freckled guy I recall. He was an architect… so he said… with a San Francisco firm arriving in Hong Kong to build a skyscraper.  He was a very pleasant fellow… a “jolly chap” my British friends used to say.

Somehow, for the financing, the woman, who rented our apartment, became involved. To make a long story short… the guy (and the financing) disappeared.  Huge bills owing were strewn around town.  The woman, who rented our apartment, was devastated and left on the hook.  We had all been fooled until days after this con artist fled.  We had all felt more comfortable since we were dealing with what we thought was a “known”…someone from our own culture.

So my ears perked up when a reader wrote to me after our latest Ecuador Visa Update.

“Gary, When I read your newsletter today, I was hoping you would say something about the cost of a visa.  Unfortunately, there are people who are promising newcomers a resident’s visa for $7000.  I’ve never heard of anyone paying more than $2000 for a resident’s visa, no matter which lawyer they used.

The reader went on to say that one  couple discovered this scam and tried to back out of the contract.  This elderly couple was threatened by a lawsuit.

I do not have all the facts so cannot be sure if this is a pure scam… just really unfair pricing or if more than just a visa was offered, but $7,000 seemed awfully high if all that was provided was just a resident visa.  I immediately wrote to the three attorneys who advise us in Ecuador to check on the price.

Although we were totally unaware of any of this, it did remind us that all of us should always take care and do our research when we move or visit other countries.  This is what I wrote to the 3 attorneys that we use:

“I would like to inform readers about what is a reasonable amount they should expect to pay for a resident visa.  Could you provide this?  Regards, Gary”

The first reply came from our attorney, Dr. Andres Cordova. He wrote:  Dear Gary:  If this story is true then it’s terrible. Poor people. They can contact me immediately and I will take care of them.  I will review their case for free.  It may be possible that these possible scammers are doing things under the
table, cutting corners. This would be bad, but instilling fear on clients is beyond reproachable.

Lawyers would normally charge between $800 and $1.000 for a visa, including for a family. In some cases where there is an added complication the cost may be a little bit higher.

Some bigger law firms may charge between $2,000 and $4,000 for a visa but normally when obtained of behalf of major investors, corporate CEOs, etc.  I believe $800 to $1.500 is reasonable. We charge $800 to $1.000.  Regarding expenses, they are of about $350 per visa plus some $100 in general, for the whole family.  Best regards, Andres.

This is very kind of Andres to offer free legal assistance. He has helped so many of our readers in the past. See ways he has helped readers here.

Another excellent and reliable attorney, Roberto Moreno, wrote:   Gary,  Yes, $7000 is absolutely out of range. Depending on the visa we charge from US$900 to US$1200.  Also, it is important to inform the readers that some lawyers will just obtain visas with few requirements, especially in Guayaquil.  The risk is that the visa could be removed later on. We prefer now to obtained all the visas for our clients at the immigration office in Quito.

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Gary Scott and immigration attorney, Roberto Moreno, at Meson.

Learn more about Roberto and his firm here.

The third attorney, Floridalva Zambrano wrote:

Hi Gary, This is a terrible thing!!  Your reader is correct,  the cost of obtaining a resident  visa, including attorney fees,  fluctuates between $1,200 and $2,000, being this last one a very high one.  We usually charge  about $1,300.  Checking with other attorneys  from Quito this is the the standard cost.  Hope this helps!!

Here is one of our Ecuador real estate tours meeting with our attorney, Floridalva Zambrano.

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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.

Learn about Flori’s law firm here.

There you have it… three very reliable Ecuador law firms charge about $1,200 for a resident visa.  Whether you feel someone charging much more is a scam or not is up to you… but when you move to Ecuador or anywhere that is new… you are more vulnerable so watch out for price gouging and scams.

Gary

One benefit of an Ecuador Living subscription is that we do not take commissions or kickbacks on real estate, legal work, hotel or tour reservations… or anything.  There are no hidden agendas.   We even donated our hotel to a foundation to help promote employment in Ecuador so we do not even make a penny from the income at Meson de las Flores.    Our goal is to help our readers enjoy safe, easy, profitable, low cost journeys to Ecuador.  Learn more about our Ecuador Living Service here.

The greatest asset of all is the ability to earn wherever you live, which brings everlasting wealth.

This is why we offer our course Tangled Web… How to Have an Internet Business.

A clear mind and healthy body are also a vital assets… plus a second language is a powerful diversification tool.

This is why I am willing to pay you $300 to attend either our Ecuador Super Thinking plus Spanish seminar in September or our North Carolina International Business & Investing seminar in October.  Sign up for either seminar and I will email you our Tangled Web… How to Have an Internet Business Course (offered at $299) free plus I’ll knock an extra dollar off your seminar fee…. to round up the $300 savings.

Here are comments from a reader about the way we help:  Merri, I am sitting here with a smile on my face.  I am always amazed at the turn around that I get from my emails to you.  I know you are busy with all of the projects that you and Gary address on a daily basis and appreciate very much you making time for mine.

Sept. 17-21 Ecuador Super Thinking + Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

Learn more about global investing, how to have an international business and diversification in Ecuador at the seminar.

Oct. 9-11 IBEZ North Carolina with our webmaster  David Cross & Thomas Fischer of JGAM

October 16-18 Ecuador Southern coastal tour (early sign up before Sept. 1, $499 per person).

Oct. 21-24 Ecuador Import Export Tour

Oct. 25-26 Imbabura Real Estate Tour

Nov. 6-8 IBEZ Ecuador Seminar

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador seminar 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