Tag Archive | "Bahia"

Agricultural Property Tour

Ecuador Agricultural Property Expedition by Jean Marie Butterlin.

For those interested in owning an Ecuador farm.

May 14-15-16, 2012

Sept 17-18-19, 2012


See Ecuador agricultural property by four wheel drive.

Merri’s and my first property purchase many years ago was agricultural land… over 900 acres… formerly in sugar cane, citrus, pineapples and avocados… the top soil deep and rich.


Here is a photo of Merri feeding one of our horses.  We still have that hacienda land, Rosaspamba, (the place of the roses).

Plus we have added more agricultural land… and are looking to add more.

An excerpt from a recent message entitled Beating & Benefiting From the Economic Crash explains why: In the seven years before its peak in July 2006, the US home-price index surged 155 percent. Since then, it’s fallen 33 percent.

This creates a huge opportunity. Economic history since before WWI suggests that we’ll see the final crunch of this 15 year bear in 2011 and perhaps 2012.  Then the light at the end of the tunnel will appear… slowly at first but picking up a head of steam aiming for the next bubble of something like 2030.

The way to beat this crunch is to set your affairs so you do not lose during the next crunch and have liquidity to take advantage of the low prices and high value the crunch could bring.

There are numbers of reasonably safe pockets of opportunity.  For example inflation during these difficult economic times has helped profits on agricultural property.

Excerpts from a May 31, 2011 article “Farm boom missing Main Street” by By John Gaps III, of The Des Moines Register show what I mean:  GUTHRIE CENTER, Iowa – Fifteen miles northeast of here, a quarter of a square-mile of farmland sold for $1.3 million this spring.

Farmers can lock in about $6.73 a bushel on the Chicago Mercantile Exchange for corn they will deliver to market in December, nearly twice the price a year ago.

The sustained surge in corn prices has driven the average value of an acre of Iowa farmland to $5,708, according to a March survey by the Realtors Land Institute. That’s up 19.7% from the previous six months and up from $1,865 in March 2001, according to the Institute’s Troy Louwagie. The land northeast of Guthrie Center— where fields are flat and the soil is black — sold for $8,600 per acre, according to the county assessor.

“The rural economy is very good right now despite signs of a peaking commodities market and concerns about drought creeping north from Texas, flooding along the Mississippi River, and rain-delayed corn planting in Illinois, Indiana and Ohio. American farmers who grow everything from rice to sugar beets have enjoyed a year of historically high prices, said Don Roose, a trader at U.S. Commodities in West Des Moines.

It’s not just towns surrounded by crop farming that have declined amid high commodity prices.

In heavily forested west central Alabama, the town of York has suffered as the timber industry has consolidated, said Auburn sociology professor Conner Bailey, president-elect of the Rural Sociological Association.

That’s despite steadily climbing timber prices since the middle of 2009 on the Chicago Mercantile Exchange.

This is why in the last several years I have been writing about and adding agricultural real estate to my portfolio.

There are few places with as much agricultural potential and diversity as Ecuador. It is not surprising that many readers ask us about Ecuador farmland or agricultural property there.

Our first reply to anyone asking is… agricultural land is hard to find and get it!   Finding our hacienda took us well over a year of dedicated search.  Searching for good farmland is not like viewing a batch of properties in a town or village.  First, it often takes hours just to get to the land.  Secondly, it almost always takes hours inspecting the land.  You do not do quick walk throughs on  100 or more hectares.  One is lucky to be able to see one property a day unless you can be really very organized.

Then once you find something that looks good… the hard part begins.  Of course there is always the price!

Then there is the research.  One seemingly great property we looked at “had great water rights”  we were told.  “Then why does it have cisterns all over the place?”  we asked ourselves.  A deep check of the deeds and talking with neighbors unveiled the fact that what’s on paper does not always match precedent and reality.  There were water rights on paper, yes, but they were disputed by numerous neighbors who had for years continually cut the water lines every time the current owner installed them.  It was just pure luck that we were suspicious and turned down this property, which still has not sold.

Buying agricultural property is not like buying urban property from a title point of view.  There are no rural land registers, so deeds have to be carefully researched by an attorney.

Finally if you buy it… what’s next?   Who do you hire. What do you grow… who buys the crops?

Yet because there has been such interest, I challenged Jean Marie Butterlin to create an Ecuador Agricultural tour.   He has been working hard at this for over 6 months, and I am proud to announce that he has set up an excellent program for those who are really interested in farming in Ecuador.

Here is what Jean Marie has explained about the Ecuador Agri Business Tours he conducts.

When I was 40 years old and told my friends that I would retire at 50, they were laughing.  They are not laughing anymore!

My name is Jean Marie Butterlin and I live on one of the nicest, most affordable coasts of all South America with my wife Pascale and although I consider myself retired, I still like to work… but only at what I really like.

How did I achieve that ?

I had a plan.

Part of that plan was to move to a nice area where it was less expensive to live and much less stressful than Europe.   I found that place after traveling and inspecting most South American countries.  We chose Ecuador and more specifically Bahia as our home.

We live now as well on $2,000 a month in Bahia than we did in Europe on $10,000 a month.

When you are planning to retire and live the good life, you should look at both parts of the equation, expenses and what you can earn.I have been able to lower my expenses considerably by living in Bahia.  We live in front of the Malecon enjoying the sun 320 days per year.

But the key to retirement is really in the INCOME part of the equation.   How can you generate income without working too hard?

The answer is to have an “outside the box”  plan.  If you do what everybody else does, chances are you’ll earn what everyone else does.

A lot of younger clients on our real estate tours ask  “How can  I generate a little income in Ecuador”?  They say they would move down immediately if they could. This started me thinking  about how to show a few select clients a chance to be part of that world of retirees in Ecuador who work only at what they like.

I have put together a special plan for those seeking to move and earn in Ecuador now!

Here is the plan and here are the facts:

* Every economist is currently saying that agriculture will be the next place to invest because :

  • God is not making more arable land.
  • The world is running out of food.  China has been buying and leasing arable land all over Africa and in South America for example.  A lot of the smart money is going into arable all over the continent.

* Ecuador has some of the cheapest yet best agricultural land in all of South America.  The climate is best for growing as well with 365 days a year of direct sunlight.  In many parts of Ecuador, farmers can get 3 and even 4 harvests per year, depending on the water available on the property.

* However, most Ecuadorian farmers have not yet learned how to produce and manage a farm. They are lacking higher education and management skills as well as equipment.  Some Ecuador farmers still plow with oxen.

*  Many Ecuadorian farmers do not know how to sell and do not treat the farm as a real business.

There is a great opportunity that lies in this combination of cheap, arable land, the geographical place of Ecuador on the equator and lack of good agronomical skills.

This is a tour for those who want to have an active agricultural business in Ecuador and have $100,000 minimum to invest.

These tours are conducted over three long, jam packed days to provide you a low cost efficient way to inspect Ecuador agricultural property that is legitimately for sale at a reasonable price.

Day 1 – 9 am to 6 pm: Detailed presentations by agri engineers and specialists of several type of agri businesses. These presentations  include costs, types of soils for each type of crop, risk analysis, potential profits, timing, where to find the buyers of crops,  introduction to buyers  looking for specific crops.

On the tour we look “outside the box” at crops that can for example produce “biofuel”. We’ll look at land where one company in Manta will buy every available crop at market price.   We know the owners of that company and you will be introduced to them.

Day 2: Visits farms for sale.  Here is one farm we will inspect.  This agri property has 203 hectares (507 acres) divided into:

28 hectares (70 cares) of balsa trees.  In 5 years these will fetch $30,000 a hectare.

30 hectares (75 acres) of African palm trees in production (the nuts fetch $250 per ton).


– 140 hectares (350 acres) of pasture sufficient for 200 head of cattle or other crops that can produce an excellent return.


– 3 small


and one large river along the property with water availability.


– Close to the main road


– $6600/hectare ($2,640 an acre) asking including a small casita for caretakers.

Day 3: Q&A’s with the agri specialists…with round table discussions. We will break into small groups to discuss in more details each business its costs and potential profits.

We will have inspected and investigated all properties prior paying special attention to three special issues:

* water on site
* access roads
* good port close

We will only show land that has water in Manabi province near Manta the second largest port in Ecuador.

We will have investigated electricity, pricing and title plus will have speakers during breakfast and dinners who will discuss these  issues and the legal matters pertaining to agri businesses in Ecuador.

These experts will be available for consulting during the tour and later… covering technical matters on which crops are best suited for each soil and what times of the year are best for planting and harvest.  The tour pays special attention to reviewing the marketing aspect of each crop and where to find buyers.

We use our contacts with local people were born in the area… who know the land owners… who know what the “market” price should be and we do not show farmland where the seller is asking an unrealistic price or if there are any doubts about ownership or clear title.

We also provide administration, accounting and legal consultants who will answer questions about owning and running a company in Ecuador, a civil code country and very different from the US and Canada which run on common law.

Optional Day 4 and 5: residential real estate tour of the mid coast from Manta to Cojimies.

Included in the tour fee:

*  Agri engineers who can help you start your business, provide services and the follow up.

* Legal experts in incorporation, administration accounting etc..

* Experts in marketing agricultural crops.

Although we do not advise being absentee owner, we can provide all the services needed to run the business with our agricultural team.

If your agricultural knowledge is limited, we have the experts who will help you through the learning curve.

The big Question is “How much can someone make in agri business in Ecuador?”

The Answer:  We will not show any businesses that do not produce on a regular basis at least 10% net return. Many agri businesses you will see can pay off land costs within 1 to 2 years.

Included in the price are all local transportation from hotel to farms.   Airfare to Ecuador and domestic airfare from to Manta and lodging and meals are NOT included.

The Agri Business Expedition fee is $1,990/single $2,990 couple.

You may decide to take the option during the agri expedition.

For efficiency and logistics, this tour is strictly limited to 16 people… 4 persons per four wheel drive vehicle.

Save $499.  Agri tour participants can attend an Ecuador coastal real estate tour free and save $499.

Jean Marie

Ecuador has many Agricultural Advantages and we have been recommending the idea of investing in Ecuador agriculture for years.

Here is an excerpt from an April 10, 2007 message  at this site entitled “Ecuador Agriculture”: Ecuador agriculture can offer a better lifestyle and opportunity as good prices rise. Sometimes we forget the importance of life’s basics…such as food. Until those basics cost more.

Ecuador agriculture is important because Yesterday’s Wall Street Journal included an article that began: “Prices of farm goods are climbing – in part because of demand for crop-based fuels – pushing up food prices around the world and creating a new source of inflationary pressure. The rise in food prices is already causing distress among consumers in some parts of the world — especially relatively poor nations like India and China. If the trend gathers momentum, it could contribute to slower global growth by forcing consumers to spend less on other items or spurring central banks to fight inflation by raising interest rates.”

This is one of the wonderful benefits of Ecuador agriculture, the extreme supply of excellent but low cost food.

Ecuador is a Garden of Eden and here is a fact you probably did not know. The inhabitants of this region developed more than half the agricultural products that the world eats today. Among these are more than many varieties of corn and potato. These foods also include squash, beans, peppers, peanuts, popcorn, yucca and quinoa.

They even learned to use freezing night temperatures and warm days to freeze dry potatoes and create potato flour.

Here is the market, three blocks from our hotel where we shop.  Open air restaurants in the front of the market offer excellent meals, vegetarian, or chicken, steak, fish or pork for about $1.


There are numbers of  fresh picked vegetables.


Offered by happy friendly people.


And every type of fruit you can imagine, from pineapple to coconut, papaya, mango, apples, pears, bananas, berries and numerous other tropical fruits all at bargains prices by Western standards and ripe all year round.


Many exotic spices at a 1/20th the cost in the US or Canada. I bought a huge bag of Star Anise (bottom right) probably a pound yesterday for $1!


This makes life especially wonderful and inexpensive.

This creates opportunity as well.

Ecuador’s geographical location gives it a distinct advantage in agricultural production. Its exports include asparagus, bananas, broccoli, cocoa, coffee, flowers, hearts of palm, lentils, papaya, passion fruit, pineapple, plantain, mango, red beans, and tomatoes. Ecuador has mainly an agricultural economy, though oil is its largest source of revenue, and industry has expanded. Agriculture employs 32 percent of the workforce. 6.4 million acres is used in agriculture. Permanent pasture covers 17 percent of the total area and forests nearly 43 percent. In the highlands subsistence agriculture and the production of staples for the urban areas are predominant (corn, wheat, barley, potatoes, pulses, and various vegetables). In the coastal lowlands tropical crops are grown to export. Ecuador is the largest exporter of bananas in the world and among the largest exporters of shrimp and roses.

Merri and I have been recommending Ecuador for almost 15 years…we have been recommending investing in agricultural property for even longer. Agricultural property in Ecuador makes excellent sense for those who like both ideas.  We are very pleased that Jean Marie has created this excellent tour.  We are happy to share this opportunity with you.


The Agri Business Expedition fee is $1,990/single $2,990 couple.

For efficiency and logistics this tour is strictly limited to 16 people… 4 persons per four wheel drive vehicle.

Who Will Benefit From This Tour

Attendees on this tour will range from those who want their own sustainable organic farm like Neverlands Farm in Loja to those who want a small agricultural property to enhance existing income… to those who want to run medium and larger agri businesses.

Small – Organic  – Sustainable

Neverland Organic Farms is a great case study of people creating an isolated sustainable organic farm


See about the organic farm here

Income Supplement – Beautiful Way of Life

A good case study for those looking for a way of life and income supplement is this  six acre organic tomato farm that delegates on on a real estate tour visited.   This shows a perfect little Ecuador retirement operation, so where should we start?

I think it is with the guinea pigs…


The farm has many of them in these cages.


Clover on the farm feeds them.  Their manure helps organically fertilize the corn.


The corn husks are mixed with manure to be used as fertilizer and the corn feeds the…




chickens and…




All of these animals create more organic fertilizer that this farmer uses to grow tomatoes.


Here is the Ecuador organic farmer with our driver Jorge, Alberto Verdezoto and Peggy Carper.

Tomatoes grow quickly here it seems.  These newly planted organic tomatoes will be ready in three weeks. I find this hard to believe but this is what the farmer said.  Though my Spanish has been known to miss on occasion.


These will look like…


this and…




income that…


would provide a nice retirement income… $25,000 a year we are told.

Other benefits include farm fresh eggs.


Trout are in the ponds next to the pigeon coops.


See more details on this farm here.

A good case study for a specific and large Ecuador agri operation is the farming operation set up by Young Living Essential oils.


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


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


there own processing and a health spa.

See more on Young Living Ecuador farms

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.

The Agri Business Expedition fee is $1,990/single $2,990 couple.

For efficiency and logistics this tour is strictly limited to 16 people… 4 persons per four wheel drive vehicle. places available.

See details on the Ecuador Farm Management Program here.


Ecuador Rentals

This page is for paying rentals in the Andes and…


on the Ecuador Pacific.

















Evolution in Ecuador and Guess Where

Ecuador & evolution have been familiar partners for a long, long time.

See how evolution can bring opportunity in Ecuador and one new place I’ll name below.

In June 1831, the H.M.S. Beagle set sail from England under the command of Commander Robert Fitz Roy on a 4 year surveying mission that included the 22 year-old Charles Darwin, a former medical and then divinity student at Cambridge. After three years of surveying the South American coast, the Beagle reached San Cristobal Galapagos in September 1835 and spent 5 weeks carefully charting the archipelago.

Darwin made careful observations about both the geology and biology of the islands and was particularly struck by the”differences between the inhabitants of the different islands.”

That trip to Ecuador was a unique scientific opportunity that revolutionized the way much of the world thinks.

Darwin is often credited with the theory of evolution, but many other naturalists had already developed this idea by the end of the eighteenth century.  Darwin’s great contribution to science was that he solved this mystery of how and why evolution occurred. The answer, which he called natural selection, finally occurred to him in 1839.

Now in Ecuador there is a new form of evolution that Merri and I have been following for about 15 years. This is a a global evolution created by a wave of emigrants from North America.  Many of them are immigrating to Ecuador.

How Big Is the Emigration?

We can get a feel of this wave of  Canadians and Americans leaving their homeland from a survey done by Zogby International of adult Americans on the subject of relocation outside the U.S.

With more than 115,000 respondents, the organizer of this survey had  the largest and perhaps only database on this topic.

Zogby wrote:  A total of 103,645 adult Americans were surveyed in six polls conducted from September of 2005 through December of 2006. The margins of error range from roughly six-tenths of one percent to one percent. Because the words “migration” and “migrant’ have different meanings to different people, we chose to use the words “relocation” and “relocator”.

Results shown below are from our most recent December 2006 survey of more than 21,000 Americans, unless otherwise noted in the text.

Surveys of this sort begin with one “gateway” question and a set of responses that divides re- spondents into categories before moving on to more specific questions suitable to each category. Our “gateway” question was as follows:

Are you planning to relocate to another nation for more than two years for reasons other than the requirements of the military, the government or your job?

This was intended to narrow our results to those who were voluntarily relocating. Our responses were as follows:


Then they asked where


and looked at age


and how much they planned to spend.


Plus their income breakdown and…


where they would go by income group.


Here is what I gained from studying this report.

#1: About 13 million Americans planned to leave the US full or part time or at least own property abroad.  

#2:  The areas of greatest interest in order were Europe, Canada, Central America (read Mexico) and South America.

#3:  The age groups most interested in moving were aged 18 to 30.

#4: The group with the largest percentage who were moving were those with income over $100,000.

#5: That the largest percentage of those planning to buy abroad expected to invest $100,000 – $299,999.

#6: That the largest percentage planning to buy in South America are in the mid range income ($35,000 to $40,000) a year.

#7:  Not in the report but it has been our belief… that we are now seeing as fact is that Ecuador will get a large percentage of the South American expats.

Changes From 2007

That study was undertaken in 2005 and 2006 at the height of the Western world’s easy credit, real estate bubble… before it burst.

Many people were feeling very different about money at that time.

I suspect that if the the survey were taken now the numbers would be larger but for different… more economically pressing reasons.

Fortunately we have something even better than research like the Zogby study.  We have experience.   Research shows what people say they are going to do.

Having brought thousands of people to Ecuador… we have observed what people actually do.

To date a majority of readers and delegates by far have purchased and or settled mainly in three areas: Imbabura, Cuenca and Ecuador’s mid coast.

Potential Bumps Up as Well

Each of these three areas has also have potential good news that will make them even more attractive.  Imbabura has been a bit far from the Quito Airport… almost two hours away.  Quito’s new airport is 45 minutes closer to Imbabura, almost done… the access roads are being put in and December 2012  is the planned opening.

The new Quito Airport may also give Cuenca some help.  The existing airports in Quito and in Cuenca are in town, close to heavy population and cannot be expanded.  Their short runways prohibit day lift offs of fully loaded large planes so all international flights tend to land late at night thus requiring Cuenca travelers to spend a night in Quito.

The new Quito Airport is at a lower altitude and have longer runways (international standards) so flights may arrive in time to allow connections to Cuenca the same day.

Bahia… the town to be on Ecuador’s mid coast  was blocked by the Chone Estuary… and often a two hour wait for a ferry. A bridge across the Chone is now complete. New roads from Quito have also been built and I predict that soon the airport in San Vicente (for Bahia) will be  expanded.

All of this means that these three areas are likely to become even more attractive.

On top of this, there is another great asset that will help Ecuador evolve:  US real estate developers.

Many developers who have great skill but are in trouble or out of business up north are bringing their skills down south.

This adds two benefits.  First, many of these developers really are good. They have a lot more experience than Latin developers.

Second, many of these developers are thinking sustainable! Part of the evolution in North America will help real estate construction in South America.

Take, for example, the US developer, Warren Adams, who purchased about 60,000 ares in Patagonia.

A Fortune article at management.fortune.cnn.com/2011/03/10/warren-adams-searching-for-profits-and-saving-patagonia/

Says:  Warren Adams, As I warm by a fire in the living room of the Patagonia Sur eco-lodge, Adams, a lean, athletic man whose green eyes relay a quiet intensity, explains that Melimoyu (pronounced melly-moy-you) is only one of six holdings that Patagonia Sur (sur means “south” in Spanish) owns in the region. In all, the company has bought some 60,000 acres — about half the size of New York City — in some of the most remote and beautiful areas of Chile (see map). On this land the company plans to engineer as many as 10 profitable, environmentally sustainable businesses. The goal: to create proof that land can be developed for profit and remain unharmed, a vastly different theory from previous schools of land management. “It’s a model,” says Adams, “we hope to scale in developing nations around the world.”

He may sound like a wide-eyed visionary jousting at green windmills, but Adams is backed by an impressive roster of 40 hard-nosed investors who have put up a total of $20 million so far. (The company hopes to raise as much as $200 million.) They include Howard Stevenson, a professor of entrepreneurship at the Harvard Business School, and John Fisher, founding partner of the Silicon Valley VC firm Draper Fisher Jurvetson.

So far Adams has created three income streams — an ecotourism venture that works on a vacation club/membership-fee model, a land brokerage, and a carbon-offset business that sells credits to schools and corporations. In the future Adams plans to sell land for vacation home and eco-lodge developments and consult with local salmon farms on how to fish more sustainably. Perhaps one of his most original ideas is to float millions of gallons of pure water in giant baggies from his glaciers to drought-stricken areas of the world, but more on that later.

Adams has no illusions about the difficulty of his task. When asked what keeps him up at night, he says he worries about achieving a balance between development and conservation. At what point does sustainable development become exploitative? How many ecotourists and vacation homes are too many? What effect will taking millions of gallons of water from his land to sell overseas have on the ecosystem? Adams is creating the first private land trust in Patagonia to permanently protect the company’s land. Will it hold up in the courts if challenged? Will powerful mining and agricultural interests in Chile start eyeing its gold and timber wealth as Patagonia becomes more open to the outside world?

The Kalu Yala development in Panama is another good example and says:  Kalu Yala is on a mission to change the way the world builds, invests and lives. To change the way the world builds by using open collective input to design places that are right for their location, their community and their purposes beyond those which can be measured in dollars. To change the way the world invests by searching for the true complexities and risks of investing in order to make long-term commitments to building value through the creation of rare and authentic places. And to change the way the world lives by making people aware of how the places where we live affect our quality of life and how we can have a voice in determining what those places are.

We believe sustainability is what used to be called practicality. And that social and environmental responsibility are what build the social and environmental capital that make great communities both more resilient and more valuable than most of what has been built in the last fifty years. Kalu Yala is simply an answer to the questions we have encountered over our lives and in the last four years of working in a special place during a difficult economy. With your help, we hope to get them right, to unearth the questions that still need answering and to share these answers with the world so that all who wish might be able to use them.

A truly sustainable community, Kalu Yala is founded on the core tenants of culture, new urbanism architecture, organic food, wellness, recreation, education, preservation and conservation of the natural environment. Kalu Yala will be designed using an innovative process called “Naked Development”. This transparent and collaborative effort utilizes input from innovative leaders in organic farming, finance, sustainable architecture, community design, future residents of Kalu Yala and the online audience. The result is a living community model, able to evolve in response to the demands of its visitors and residents, and driven by social, environmental and economic purpose.

In short, property developers are evolving also. Perhaps hardships in North American real estate have provided the lessons that teach there is more to developing than squeezing our short term profit from every square inch of land.

This is while we’ll be keeping an eye on the Hacienda Palo Alto development in Cabuyal north of Bahia Ecuador.


Here is a Bahia Ecuador development update.


We have long written that when the bridge over the Chone was complete, the coast from San Clemente to Canoa to Pedernales would be one of the best investment opportunities on the planet.   There is plenty of demand for coastal real estate in this area, but there has been a lack of quality product with just one good development in Jama

Now a Latin developer, with US roots… Unexpected Development, is building in this area.  It is also involved in several projects in Ecuador, Uruguay and Honduras.

Unexpected Development is starting a new opportunity on the coast of Ecuador, called Hacienda Palo Alto, which consists of 183.5 hectares (453 acres) with 1.2 kilometers (appx. .72 miles) , of which 955 meters (appx. 3,000 ft.) is for the development/houses etc.

Hacienda Palo Alto is about 22 miles north of Bahia de Caraquez.

See more pictures of the property here.

This is what the beach looks like looking to the south:


The property is lush with flora and fauna, and features howler monkeys, parrots, wild orchids, streams, and a river. There are many hiking and horseback trails that have already been created, and 300 teak trees, 600 white cedar, and 400 maracuyá (passion fruit trees) have recently been planted, as well as hundreds of palm trees lining the beach.

Unexpected Development is conserving and preserving a majority of the land and will build on only a small portion.

The company has its residential split and urbanization permits for 166 lots with an average size of roughly a half-acre lots and plans to begin selling lots in the next couple of months.

Unexpected Development is sponsoring an updated Bahia Report offered free to our readers.  Sign up for the FREE Bahia report here.


The new place where we are seeing evolution? Cuba. See tomorrow’s message why.

Visit Hacienda Palo Alto on an Ecuador real estate tour.

See how to attend an Ecuador real estate tour FREE


Beat Inflation Around Bahia Ecuador

One of the best ways to beat inflation is to live in low costs areas like the coast around Bahia Ecuador.

Here’s an update on this area beginning south of Bahia starting at San Clemente.

Ecuador Beach-Apartment

Beach at San Clemente.

Mother' s Day Ecuador roses Two days left to order Fedex delivered Mother’s Day roses from Ecuador

The map below shows why San Clemente (marked with A), which is just a bit south of Bahia, was the first place on the coast where I bought Ecuador beach real estate.

ecuador map

San Clemente is a small village almost equidistant to the two airport access points on Ecuador’s coast, Manta and Bahia, plus it is on the coastal highway just before it veers inland behind a strip of low lying hills.

Bahia Hotel

These hills run along the coast from San Clemente to Bahia and further north separating the highway from the beach, discouraging over development and encouraging quiet hidden beach opportunities.

In addition San Clemente is almost equidistant to Quito and Guayaquil, the two largest population centers, and is accessed by major roads also shown on this map.  This creates holiday opportunity for the big city folk.

San Clemente is itself a tiny… dusty village so the attraction here is peace and quiet.  This is what Merri and I love.

However, those who want to live in a lively town will do better living just a bit further north in or closer to Bahia.


Our Ecuador beach penthouse is at Vistazul. This community is nicely protected by those hills.


Vistazul is right on the beach and protected by these low lying Manabi hills behind.

Here is the view from our penthouse so you can see…

coastal view

why we love it there.

Now Vistazul is about to get even better.

The developer of this project, Kjetil Haugan, recently sent me this note.

Gary,   This email is to inform you that we will close the hotel from next week on and until late June for renovation.   We will change the location of the kitchen, increase the capacity of the restaurant, redo the swimming pool (partly infinity pool), put A/C in all rooms, put in new beds and mosquito nets, fix all the sliding doors/windows, put in concrete walls around the hotel, fix the gardens, make more family suites, paint the hotel and change and redo everything from the dining tables, to the outdoor furniture.  Most of this will be done during these 6 to 7 weeks but the rooms will be done throughout the year.

We will also start to sell club memberships to local people with a point system plus offer this to the ex pats living in Cuenca.

We are adding new administrators at the hotel; Edwin and his Canadian wife, Cris. They used to run our yacht operation in the Galapagos. She will also help out at Vistazul being the contact person for the residents and helping out with decoration, purchase of furniture and rental management.

So hopefully you will have time to come down to San Clemente later this year to discover the new Palmazul!

Vistazul is also doing well right now. The electricity work, water plant and gardening should all be ready by the end of May. Then I will help the residents start to form the HOA. I have also contracted all the doors/windows so the remaining units will be completed within 4 to 6 months depending on the workers.

I had a lot of interest in the one level units and we continue to offer finance. Regards, Kjetil


See more details on these condos here

For answers to specific questions contact, Kjetil Haugan, at kjetil@haugancruises.com

This is an exciting evolution for the smal community and remains a great bargain… the $79,000 price includes club membership which includes use of all the improved facilities.

Hostal for Sale

Many readers ask for Ecuador real estate listing on hotels, hostals and B&Bs.  One small hostel near San Clemente is now for sale.


Don’t miss this listing tomorrow on our MLS.


Learn more about Ecuador at our June 24 to 26, 2011 International Investing & Business seminar in North Carolina.

Learn how to have your own Ecuador business online and save $268.

Better still enroll during the month of May for any of the Ecuador real estate tours below and save $567.

Beat Inflation in Bahia

Low prices and increased construction can help you beat inflation in Bahia.

Inflation is pushing  a comfortable beachfront lifestyle out of the reach of many North Americans.  This is not so in Bahia, Ecuador where there is great expansion.

The first new building completed since Bahia’s earthquake in Bahia de Caraquez Ecuador is complete.


Bahia is a special town with a rich sophisticated culture, that came as the coastal population developed a tradition of sending their children to study abroad. This created a great cultural diversity that was enhanced by the residents of Quito who used Bahia as their beach resort.

This caused Bahia property to become some of the most valuable on Ecuador’s coast. Then an earthquake struck and devastated the town and the Bahia  economy.  Prices tumbled to a tenth their former prices.

The population took this as a sign and remodeled this city into one in union with nature’s forces.

In 1999 Bahia was named the first Ecological City of Ecuador due to its innovative recycling program with garbage pick up every day.  Street sweepers still sweep the street daily with brooms.

Bahia has rebuilt slowly but solidly so today its rich culture, the hospital and many clinics and several private and public schools and colleges make it an ideal place.

Now Bahia is ready to expand and is growing rapidly.  The local airport is likely to expand and Manta’s airport is just over an hour away makes Bahia convenient for reaching any part of Ecuador and Quito’s International Airport.

Yet many never leave since all the good things in life are here.   Bahia has a farmers market every day with fresh fruit and seafood including shrimp for $1.50 per pound or langostinos and lump crab meat for $4 per pound.

Bahia is also a safe place to be.  Bahia has one of the lowest crime rates of all of Ecuador.  Bahia is our shopping town in Ecuador and is one reason why Merri and I chose our beach apartment on the beach of San Clemente… a small fishing village near Bahia.

So it is not surprising that jean Marie Butterlin who originally joined us in Cotacachi also moved to Bahia.

Here Jean Marie reports on his new Bahia home.


First New Construction Project in Bahia in 12 Years

Jean Marie Butterlin

Bahia is becoming more and more popular and getting a lot more attention ; A year ago on our coastal tour we had about 65 apartments for sale in Bahia (we showed to our delegates about the 10 best we had) ; in March we had only 5 left to show that were suitable for expats.
After the earthquake hit in the late 90’s, all new constructions stopped and no condos were built since then.

The apartments available for sale in the resale market are usually 13 to 17 years old and need some refurbishings ; they were built for wealthy Ecuadorian families that came from Quito for their vacations about 3 times a year ; they are usually pretty big (4 bedrooms and about 180 m2/1,900 sq.ft) and sell for about $65 to $68/sq.ft. when located in premium beach areas.
I have been looking for more than 3 years to buy a condo in Bahia and never could find the right size, right price, or right ocean view.

I had almost found a condo in November, that was on the market for just 5 days but when I made the offer, it had sold one hour before. Before making the offer, I took a bit of time to get a quote for the remodeling to American or European standards i.e. new kitchen, wooden floors, new bathrooms ; this amounted to about $15/sq.ft for a total cost of $80/sq.ft but I lost the deal….

Then one day Pascale and I saw a big sign just in front of the Hotel La Piedra on an empty lot facing the ocean and the bay showing a picture of a new construction building. Later that evening I met by pure luck the owner, while waiting at the Manta Airport for my flight to Quito. Coincidence ?

This new construction building told me that what I had felt for over 2 years about Bahia and its development was about to come to fruition; but as of today it is still the only new building in town and I feel that the condos will increase in value quite quickly.

That was last December and here is why I bought an apartment in that new project :

1) The price at $81/sq.ft for a new construction was just $1/sq.ft higher than what I would pay for a used remodeled apartment. That was a no-brainer to me !

2) The location : the view on both the ocean and the bay are just what I was looking for.

3) The finishings are much better than what I expected to get in Bahia with huge terraces on all sides, hard wood floors, American kitchen with hardwood cabinets.

4) Right size : Most apartments had the size I was looking for (2 or 3 bedrooms and about 1,200 sq.ft)

5) I got a free membership to the Tennis club ($1,500)

6) It has amenities that no other building in Bahia delivers i.e. desalinization water system, own generator, 2 pools and jacuzzi on the top floor, nice lobby like a luxury hotel, with outside glass elevator facing the ocean ; 24/7 security, magnetic cards system, underground garage, bodega, etc…

7) It is an income generating apartment : the Hotel La Piedra will rent out your apartment, when empty and do all the cleaning etc… you can also rent it yourself during the High Season (30 to 40 days/year) and could make about 6% on your money during that time.

When I bought  last December, I got pre-construction price ; when I came back in February construction had not started yet and when I saw that prices in the used market were starting to rise, I bought a second smaller apartment just for investment because I knew prices would go up by 10% one week later, when construction was set to start. Now the price I got on that second new condo was lower than a similar used/remodeled apartment. (I took advantage of that little price distortion.)

We had a few delegates, who bought in that project at pre-construction prices in the last few months and they have already locked in a 10% profit ; right now construction is well under way, and the building should be finished by December.There are only a few units left ; however, the builder is giving EL premium subscribers and delegates on our next coastal tour a $4,000 custom furniture allowance. There is also a 4% discount available for a 50% cash upfront payment.See the project at :  www.oceanbaytowers.com

Jean Marie

Inflation is here… but is not so bad in Ecuador… where a great lifestyle in the mountains or on the seas is still affordable.


Learn many ways to beat inflation though… an international micro business…. global investing…. fixer upper real estate… commodities and more at our upcoming International Investing & Business Seminar.

Ecuador Real Estate and Values of Space in Ecuador

Ecuador real estate gains added value because technology changes utility in many ways beyond green. This is why Ecuador real estate offers such opportunity for wealth and beauty now.

Yesterday’s message looked at Ecuador real estate and the kitchen of one Barro Viejo property our last Ecuador real estate tour viewed. Low cost air fares, broadband and almost free communications alter the values of distance and make it possible to live in year round, balmy weather and sun in a dream home that is no longer affordable up north. An example is this property we viewed on our last Ecuador real estate tour.

Few of us can afford such a property with phenomenal views nestled in the hills.

Yet here prices are still afordable and such properties have features only the super rich can now afford…such as arches.

From the first entrance of this “House of the Sun” there are arches everywhere.

The arch has altered the value of space for milenniums. In addition to being one of the oldest structural innovations that has advanced mankind, what can an arch do or mean?

First, arches can create charm. Too bad most people up north can no longer afford this feature. I wonder what this does to the northern soul?

Next they mean an invitation to the softness of Mother Nature. As Barro Viejo puts it, “Man is the only creature that chooses to live in a square”.

Arches add frameworks for visions beyond….

And added attractions to look through space from colorful, comfortable thick walled, breathing, adobe walled rooms.

Arches also grace doors.

And the solid all hard wood doors of Ecuador are another feature that most northerners now miss.

Arches open the way into warmth.

Arches even enhance the out of doors.

Plus add romance and even mystery. Where does this room lead?

Technology makes the space in Ecuador even more attainable than nearby, because prices here are still so low. Ecuador is a new utility that provides modern, but warm and wonderful buildings with arches and more for less.

Plus people are having fun as they discover this truth. Here is what several who have been here in the last months have shared.

“Hi Merri, I have been meaning to share a great compliment with you. Everyone in the group I brought said that they thought La Mirage was beautiful but they were really happy that they stayed with you guys. You and I know that energy is the key and you and Gary have created the place to be. Love and miss you and hope this brought a positive smile to your face today. Please share this with Gary. When are you coming back to NC? Sandi”

“Hi Merri and Gary, Just wanted to say thanks for a wonderful 12 days. Lisa and I had a great time. Lisa’s mother got her flowers today and she says they are spectacular. I have asked the flower supplier about importing them here to Atl for central distribution. Lee is going to help us design our new house here in Atl and we are also investigating importing the wooden miniblinds we saw in one of the houses for sale in Cotacacchi. Thanks again for a great experience.
Cheers, Charlie and Lisa”

“Dear Gary, My wife and I safely arrived to New York. Thank you very much for your hospitality and kindness. We had a great time spending the Saturday afternoon with you and with your lovely wife. Now it is very cold in New York and we are embracing for a wintery mess. I think a lot about the Ecuadorian sun and the great weather. I am sending you a couple of pictures what I made in Cotacachi. Please show them to Merri too. Thank you very much again.
Yours truly, Szab”

“Dear Merri, I apologize for my delay in writing, but I want to thank you for a wonderful conference and for all of your help in getting everything lined out for me prior to arrival in Ecuador. I feel I received some excellent information in both Florida and Ecuador, and I look forward to returning in the not too distant future.

Cotacachi is a nice little town, and you all have a great little place there. It was a pleasure meeting you and I hope to see you again soon.
Sincerely, Laura”

“Hi Merri, I wanted to write to say ¨thank you¨ for the seminar. I mentioned to Gary that I think I learned more in this one week than I have in my last year of business school. This was the first seminar that I have ever attended, and I don´t expect it to be my last. In fact, I emailed Gary about the condos in Cotacachi, and I am very interested in purchasing one and becoming a member of your community should the land become available. Thanks again for a great seminar; take care. Scott”

“Thanks Merri for the info. Tell Gary he was right on about closing his position in China.. Good Call.”

“Hi folks, Thank you very much for a superb couple of weeks. I really enjoyed the workshops and my introduction to Ecuador. You are both doing a wonderful job there and it was a pleasure to be part of it for that brief moment. I hope to see you again soon. regards, Steve Margison”

Don’t miss our next message that shows how changes in space can create well suited opportunity for you.

Until then, may all your space be warm wonderful and fulfilled!


Join Steve, our man in Ecuador, April 20 – 25, Friday to Wednesday for the Ecuador Spring Import-Export Course.

Or come to our June program including our next real estate & Shamanic Mingo Tour.

June 6 – 10, 2007 Weds. – Sun. Ecuador Spanish + Super Thinking in Ecuador.

June 13 –15, 2007 Weds. – Fri. Ecuador Real Estate Tour.

June 19 – 21, 2007 Tues. Thurs. Ecuador Shaman Mingo.

Attend all Ecuador courses and tours. Save up to $398!

We have created www.EcuadorLiving.com and have launched our Ecuador internet research service to the public. We just finished the last of five courses in a row and Steve, our man in Ecuador, will soon begin traveling this part of Ecuador to sniff out special opportunities that we will share with our EcuadorLiving.com subscribers. Go to Ecaudor Living

Bahia Real Estate Review

Here is a Bahia Ecuador real estate review.


This is the last day to order Fedex delivered Ecuador Christmas roses.

Yesterday’s message on terror in the real estate market looked at how panicked investors can create great real estate value in many ways.

Ecuador is a country that has profited greatly from terror created by the evolution of the socio-economic order in the Western industrialized nations. prices are so high… government’s so intrusive…. life so stressed that thousands… perhaps even millions of Americans, Canadians and Europeans are leaving…. most heading south.

One special Ecuador beach area we have recommended many times in the past 15 years is Bahia… plus we have promised opportunities growing when the bridge over the Chone estuary was complete… as it now is.

Here is an update by Jean Marie Butterlin on the Ecuador beach real estate market from Bahia north showing how our predictions have come true.

Bahia the future Punta del Este of Ecuador

We just finished our last coastal tour of 2010 and delegates spent one and a half days in Bahia, San Vicente, Canoa and Jama.

By now everyone knows that the bridge above the Chone river is open, that the new road from San Vicente (just north of Bahia) to Pedernales is well underway and that the 4 lane road from Bahia to Manta should be finished within the next 2 years (which will put Manta at 45 minutes from Bahia), and that the airport in San Vicente is being upgraded.

All this new infrastructure has created a lot of interest so here is an update of what is happening on the real estate market front.

Bahia has maybe 20 apartments/houses for sale out of which about 10 are of any interest.  Prices are still lower than Manta at about $60 to $70/sq.ft.


Here are delegates on our real estate tour looking at a 1,200 square foot Bahia condo offered at $76,000.


The view is spectacular.  The completed bridge is seen in the distance.

Bahia has several new condo projects right on the beach. Three are in various stages of development, one sold out very quickly.  Another is 40% sold and construction will start in January for a completion in December 2011 at prices ranging from about $80/sq.ft to $115/ sq.ft.   This is a good option if one can wait.

I have negotiated some freebies with the developer for our delegates and Ecuador Living subscribers.

San Vicente-Canoa: There is growing activity in these areas right now.  Beach lots outside of Canoa run about $80/sq. m2 although there are distortions in this market.


Delegate at a Canoa beach…

canoa beach


For example we found two lots currently for sale in the $45/sq.m2 range.  These lots will be snapped is a deal that will be snapped up quickly.   Closer to Canoa and in Canoa lots can will cost anywhere from $100 to $200/sq.m2.

Canoa-Jama: There are 2 developments I like.  One in Coco Beach but all beach lots are sold so one must wait for resales.   One is in Jama where an Ecuadorian is buiding nice beach  houses in the $200,000 range with about 300 sq.m2 and nice terrasses.


Here is a 3,000 square foot house on the beach…


in Jama for…



Back to Bahia and Rentals.

In Bahia there is a very good rental market and there are about 25 days of the year that earn such high rental returns that owners make  6% to 7% of the condo’s value in less than one month’s renting!

Owners can then enjoy the condo for the rest of the year and have a nice income to cover some expenses.

Bahia has all the features to become the “Punta del Este” of Ecuador within ten years. I can see more and more of the nice yachts coming into the bay, the jetset flooding in during the Christmas season and more developments in the near future.


Delegates on our tour viewed the yachts at the Bahia Yacht Club.

The town is clean, safe and has a brisk night life.  The views on the bay and the pacific ocean are just breathtaking.   There are not many places like this left in South America or elsewhere with such low prices.

Jean Marie.

Gary Scott Note:

Merri and I have prepared a Bahia report to help those interested get a better feel of this area.

Order the Bahia Report here.


Casa Ceibo Ecuador Hotel

Casa Ceibo is one of Ecuador’s nicest hotels and it has expanded.


Ecuador is a great place to live on a budget… but it is also the place to enjoy extreme luxury at very affordable prices.

I have written on several occasions about the luxury hotel on the Chone estuary just outside Bahia…Casa Ceibo

Casa Ceibo is a hacienda transformed…


into a…


luxury, boutique hotel that…


our delegates always enjoy.


The interior is decorated with Ecuador only art and…


the deck and…


pool and pool bar are a great place to unwind. The deck has many…


levels in teak.

So when our latest Ecuador coastal tour sent me more shots of this resort, I wanted to pass them along.

Delegates also saw some excellent garden apartments and…


condos with stunning harbor views.


They even took time to learn…


secrets of the Chone.


Here are delegates at a previous coastal real estate tour watching fishing on the Chone Estuary next to Casa Ceibo.


You can see Bahia in the background.…


but the fishermen are pretty…


low tech!   Just long boats and poles…


no gas surcharge here.

See more shots of Casa Ceibo at Bahia Property Tour

See how to receive discounts on a new Monticristi Ecuador coastal hotel.


How We Can Serve You

How to Have Real Safety in 2020

The most important investment you can make in 2020, is in yourself. 

Invest in more time.  Invest in less stress. Invest in greater security.That’s why four years ago we created the Purposeful Investing Course (PI) because when it comes to finances, there are only three reasons why we should invest.  We invest for income.  We invest to resell our investments for more than we had invested.  We invest to make our world a better place.

We should not invest for fun, excitement or to get rich quick, or in a panic due to market corrections.

The core model portfolio we teach in the PI Course rarely changes, but is highly diversified in thousands of shares around the world… so there is higher long term profits, less stress and greater safety.

The portfolio consists of 19 country ETFs.  During the four years since we created the Purposeful Investing Course and set up a $40,000 real time portfolio at Motif Brokers, we have held the same 19 shares and have only traded three times.

The portfolio started with $40,000 and has risen to $53,591 ($49,015 in shares and the balance in accumulated cash).

The portfolio did really well from 2015 to 2018, better than the DJI Index.  Then as the US dollar grew in strength it fell behind.

The chart below shows the actual results of thos portfolio compared with the S&P 500.



This good value portfolio above is based entirely on good value financial information and mathematically based safety programs developed around investing models that date back 91 and 24 years.

The Pifolio is a theoretical portfolio of MSCI Country Benchmark Index ETFs that cover all the good value markets developed combining my 50 years of investing experience with study of the mathematical market value analysis of Keppler Asset Management.

In my opinion, Keppler is one of the best market statisticians in the world.  Numerous very large fund managers, such as State Street Global Advisers, use his analysis to manage over $2.5 billion of funds.

The Pifolio analysis begins with Keppler who continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  He compares each major stock market’s history.

Fwd: keppler

Michael Kepler CEO Keppler Asset Management.

Michael is a brilliant mathematician.  We have tracked his analysis for over 20 years.   He continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  He compares each stock market’s history.  From this, he develops his Good Value Stock Market Strategy and rates each market as a Buy, Neutral or Sell market.  His analysis is rational, mathematical and does not cause worry about short term ups and downs.  Keppler’s strategy is to diversify into an equally weighted portfolio of the MSCI Indices of each BUY market.

This is an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

A BUY rating for an index does NOT imply that any stock in that country is an attractive investment, so you do not have to spend hours of research aimed at picking specific shares.  It is not appropriate or enough to instruct a stockbroker to simply select stocks in the BUY rated countries.  Investing in the index is like investing in all the shares in the index.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

To achieve this goal of diversification the Pifolio consists of Country Index ETFs.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally use.

70% is diversified into Keppler’s good value (BUY rated) developed markets: Australia, Austria, France, Canada, Germany, Hong Kong, Italy, Japan, Norway, Spain, Singapore and the United Kingdom.

30% of the Pifolio is invested in Keppler’s good value (BUY rated) emerging markets: Brazil, Chile, China, Colombia, the Czech Republic, South Korea, Malaysia and Taiwan.

The Pifolio consists of iShares ETFs that invested in each of the MSCI indicies of theseall good value BUY markets.

For example, the iShares MSCI Australia (symbol EWA) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Australia Index which is composed mainly of large cap and small cap stocks traded primarily on the Australian Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Australia.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

The fact that the Pifilios are invested in all the shares of the MSCI Index in each good value market reduces long term risk.

When the US stock market bull ends, know one knows for sure how long or how severe the correction will be.

When the bear arrives, what will happen to global and especially good value markets?

No  one knows the answer to this question.

What we do know is that the equally weighted, good value market Pifolios have the greatest potential long term and that math based trailing stops can be used to protect against a secular global stock market correction when it comes.

My fifty years of global investing experience helps take advantage of numerous long term cycles that are part of the universal math that affects all investments.

What you get when you subscribe to Pi.

You immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last four years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

Included in the basic training is an additional 120 page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

You also receive two special reports.

In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich.  Some of my readers made enough to retire.  Others picked up 50% currency gains.  Then the cycle ended.  Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview.  He said:  Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!

I did well then, but always thought, “I should have invested more!”  Now those circumstances have come together and I am investing in them again.

The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar.  The two conditions are in place again!

30 years ago, the US dollar rose along with Wall Street.  Profits came quickly over three years.  Then the dollar dropped like a stone, by 51%  in just two years.  A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.

This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I have created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but in this special offer, you receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you subscribe to Pi.

Plus get the $39.95 report “The Silver Dip” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the last two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80, compared to a ratio of 230 only two years before.

In September 2015, I prepared a special report “Silver Dip 2015” about a silver speculation, leveraged with a British pound loan, that could increase the returns in a safe portfolio by as much as eight times.  The tactics described in that report generated 62.48% profit in just nine months.

I have updated this report and “Silver Dip” report shares the latest in a series of long term lessons gained through 40 years of speculating and investing in precious metals.  I released the 2015 report, when the gold silver ratio slipped to 80.  The ratio has corrected and that profit has been taken and now a new precious metals dip has emerged.

I have prepared a new special report “Silver Dip” about a leveraged speculation that can increase the returns in a safe portfolio by as much as eight times.

You also learn from the Value Investing Seminar, our premier course, that we have been conducting for over 30 years.  Tens of thousands of delegates have paid up to $999 to attend.  Now you can join the seminar online FREE in this special offer.

This three day course is available in sessions that are 10 to 20 minutes long for easy, convenient learning.   You can listen to each session any time and as often as you desire.

The sooner you hear what I have to say about current markets, the better you’ll be able to cash in on perhaps the best investing opportunity since 1982.


Tens of thousands have paid up to $999 to attend.

In 2020 I celebrate my 54th anniversary in the investing business and 52nd year of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

In this special offer, you can get this online seminar FREE when you subscribe to our Personal Investing Course.

Triple Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report, access to all the updates of the past two years, the two reports and the Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

Subscribe to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, the “Silver Dip” and “Three Currency Patterns For 50% Profits or More” reports, and value investment seminar, plus begin receiving regular Pifolio updates throughout the year.

Subscribe to a Pi annual subscription for $197 and receive all the above.


Ecuador Beach Acreage

Here is Ecuador beach acreage for sale north of Bahia, Ecuador. This area may be Ecuador’s best secret.

Readers who have been reading our site for some time know that I like Manta Real Estate in Ecuador.

But areas north of Bahia may have the greatest long term potential.

This picture at tripadvisor.com shows one reason why. Here is Bahia, Ecuador.


The full name of the city is Bahia de Caraquez. This is a town that makes living on this part of Ecuador’s coast a great place to be.

Bahía is a Pacific coastal city located on a peninsula about an hour and 15 minutes north of Manta and is bordered by the Chone River. This river creates the opportunity.  The estuary has always stopped the traffic flow.

Here is a shot taken on one of our coastal real etsate tours over the Chone Estuary.


Over the last decade Bahia has become one of the country’s most attractive resort areas due to its beauty, cleanliness and access to Manta and Quito (five hours by car once the roads are completed) and Guayaquil (four hours by car) but the estuary makes it hard to get north of Bahia from Manta.

There are also two very important reasons why this area north of Bahia real estate may now rise.

First, a new highway is being built between Quito and the coast. This construction is taking much longer than it should and costing way more than budget..but eventually it will be complete and one more concrete freeway will be able to whisk from Quito to Bahia.

Second, some day there will be a bridge across the Chone. Bahia sits on an isthmus between the Pacific Ocean and the huge estuary of the Chone River. If you are traveling from the south up the coast in a northwards direction, you are stopped at the Chone. The drive onwards moves down the Chone for a couple of hours just to get back to the coast north of the estuary north. Here is a group of our real estate tour delegates looking across the Chone.


This map shows the area… Manta in the south… Perdernales on the beach and Quito to the east.


The only way to cross the Chone at this time is via ferry. There are usually two car ferries. This is the Pacific Coast Highway running from Columbia all the way down to Peru and Chile so cars, buses and trucks use them.

Big trucks are loaded, first followed by the cars. These ferries also take foot passengers and are free.


There are also passenger ferries that continually go back and forth costing about 30 cents for the trip.

However, at times it can take up to two hours to get on a car ferry.

So a bridge across the Chone would be invaluable and is in the process.

President Correa came in 2008 and promised to get the bridge built.


Here is President Correa in Bahia.

The bridge construction is quite advanced as you can see below.


Below is a paid advertisement of 16.7 acres of land for sale in this zone of opportunity on Ecuador’s Pacific between Bahia and Perdernales.

Ecuador Beach Real Estate for Sale… four hours west of Quito… 28 miles south of Perdernales… 20 miles south of Jama in the village of Tasate.

A new highway under construction will reduce driving time to Quito by an hour.

There are no services at the moment. Electricity and telephone services are  at the the front of the property and are easily available. A deep well will be needed for water.

This 16.7 acres sits on…


the main highway between the cities of Pedernales and Jama.  It is very close to the village of Tasaste. The main highway runs along the Coast, is asphalted and in good driving conditions. This highway is the south – west border of the property.

The property is well fenced along the highway and has a gated entrance, leading to…


interior roads that…




many areas of…


the land…




the beach.


with views…


and plenty of sand.

The previous owners had planned a tourist development and provided me with a SWOT plan (Strengths, Weaknesses, Opportunity and Threats).

Here are excerpts from the SWOT study:  The goal of this project is to provide tourism and residential services to the cities of Quito and Santo Domingo de los Colorados. The ways to access from Quito are: Aloag – Santo Domingo, Santo Domingo – El Carmen and El Carmen – Pedernales. The driving time is approximately 4 hours.

We should consider very important that the Council provincial of Pichincha and Manabi signed an agreement to finish the highway from La Concordia to Puerto Nuevo. This new highway will reduce at least one hour driving from Quito to Pedernales.

All these highways are asphalted and in good driving conditions. With this, it is demonstrated that the Pedernales beaches are the closest ones to the city of Quito because they are on the latitude 0.0.

There are few hotels within 2 miles and the highway is being widened between Pedernales and Jama.


Strategic location of the land (close to the sea)
The project is located inside of the tourist zone.
Easy access and highways in good driving condition.
Good public transportation system with regular service.
Landscape of dry forest and extraordinary view to the sea.
The projected area per unit and their costs are totally accessible compared with other similar programs in other provinces.
A total wearing down of the emerald tourist zone.
The distance from Quito to the project is 3 to 4 hours.


The zone is projected for tourist and residential uses, according to strategic  Municipal plans.
The project is close to the cities of Jama and Pedernales to have access to their goods and services.
The project will be transformed in a development pole, using manual labour from the small town of Tasaste.


Acoustic contamination because of the highway Jama – Pedernales.


Constant growth of the real estate supply
Presence of establishments of temporary lodging (hotels)


The topography of the land determines 2 elevations with a regular slope, the central part of the lot is but flat and is crossed by a matting.

By the morphology the project has been divided in 2:  The North part is destined for the house and 40 units will be implanted. In the South elevation the hotel zone will be located where they will be located the restaurant, 12 single rooms, 10 cabins, an area of reception, a museum, a small commercial center and all the areas of viewpoint to take advantage of the natural enchantment.

The estate is crossed by a ballast way that gives access to the beach and to the hotel zone.

In the green areas of the project we propose sport fields, gardens, 2 swimming pools: one for the residential zone and another one for the hotel zone, all this framed within the norms of respect to the ecology, remembering that the impact to the nature.

The entire 16.7 acres is offered as is.

I can send interested parties a 97 page Power Point presentation showing more of the property and the entire SWOT.

The asking price is US$285,000.

Please send requests to me Amrit Nahata at amritnahata@hotmail.com

See more details on the property here.

End of paid advertisement. We have no interest in this property or the sale of this property. All the data in the paid ad above has been provided by the seller and anyone interested should take all due diligence.


Join our real estate tours in January.

Jan.   8-11     Ecuador Export Tour
Jan. 13-14     Imbabura Real Estate Tour
Jan. 15-18     Coastal Real Estate Tour
Jan. 19-20    Quito-Mindo Real Estate Tour
Jan. 21-23    Cuenca Real Estate Tour

If you plan to join us at six or more seminars and tours in Ecuador, Florida or  North Carolina in 2010 you can save as an International Club member

See details about each of our seminars and tours below… then see our December special that allows you to attend as many of these courses you like at a huge savings.

For International Investing and Business.

For Super Thinking + Spanish

For Ecuador Shamanic Tour

For Ecuador Export

For North Andes, Imbabura & Cotacachi

For Manta & Mid Coast

For Quito & Mindo

For Salinas & South Coast

For Cuenca

You gain discounts by attending multiple seminars and tours.

Here are our multi tour adventure discounts.

Two Pack… 2 seminar courses & tours $998 Couple  $1,349 Save $149 on couple

Three Pack… 3 seminar courses & tours   $1399 Couple  $1,899 Save $98 single or $348 on a couple or more

Four Pack… 4 seminar courses & tours   $1,699 Couple $2,299 Save $98 single or $697 on a couple or more

Five Pack… 5 seminar courses & tours  $1,999 Couple $2,699 Save $496 single or $1,046 on a couple or more

Six Pack… 6 seminars courses & tours  $2,199 Couple $3,099 Save $795 single or $1,395 on a couple or more

But our 2009 International Club membership which allows you and a guest to attend as many of the 56 courses and tours we’ll sponsor and conduct in 2010  (fees would be $40,947 for all these courses individually) is only $2,999.

The International club fee rises to $3,500 in January 2010. Enroll in the International Club now at the original fee of $2,999. Save $501.

International Club 2010

Attend our 56 investment, business, Spanish, real estate and export, courses and tours in 2010 with one small enrollment fee.

International Club 2010 Membership Enroll here

Here are the 56 courses and tours you can attend free. Plus there is even one more savings you will see below.

Jan.   8-11     Ecuador Export Tour
Jan. 13-14     Imbabura Real Estate Tour
Jan. 15-18     Coastal Real Estate Tour
Jan. 19-20    Quito-Mindo Real Estate Tour
Jan. 21-23    Cuenca Real Estate Tour

Join us in February or March.

Feb. 11-14   Quantum Wealth Florida -International Investing & Internet Business, Mt. Dora, Fl.

Feb. 15-16   Travel to and visit Quito
Feb  17         Travel to Manta
Feb. 18-19   Coastal Real Estate Tour
Feb. 20        Travel to Cotacachi
Feb. 21-22   Imbabura Real Estate Tour
Feb. 23-24  Quito-Mindo Real Estate Tour
Feb. 26-27  Cuenca Real Estate Tour

Mar. 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.
Mar. 15-16    Travel to Quito and Andes
Mar. 17-18     Imbabura Real Estate Tour
Mar. 19-20    Cotacachi Shamanic tour
Mar. 22-23    Coastal Real Estate Tour
Mar. 25-26    Cuenca Real Estate Tour
Mar. 28-29   South Coast Real Estate Tour

Apr. 12-15   Ecuador Export Tour ($499 or couple $749)
Apr. 17-18   Imbabura Real Estate Tour ($499 or couple $749)
Apr. 20-21  Coastal Real Estate Tour ($499 or couple $749)
Apr. 23-24  Quito-Mindo Real Estate Tour ($499 or couple $749)
Apr. 26-27  Cuenca Real Estate Tour ($499 or couple $749)

May  13-14     Ecuador Shamanic Minga  ($499 or couple $749)
May  16-17    Imbabura Real Estate Tour  ($499 or couple $749)
May  19-20    Coastal Real Estate Tour ($499 or couple $749)
May  22-23    Quito-Mindo Real Estate Tour  ($499 or couple $749)
May  25-26    Cuenca Real Estate Tour  ($499 or couple $749)
May  28-29    South Coast real Estate Tour ($499 or couple $749)

June 24         Quantum Wealth North Carolina
June 25-27    International Investing and Business North Carolina  ( $749 or couple $999)
June 28-29   Travel to Ecuador and Andes
June 30-Jy 1 Imbabura Real Estate Tour  ($499 or couple $749)
July 3-4          Coastal Real Estate Tour   ($499 or couple $749)
July 6-7          Quito-Mindo Real Estate Tour    ($499 or couple $749)
July 9-10        Cuenca Real Estate Tour   ($499 or couple $749)

Sept.   3-6      Ecuador Export Tour  ($499 or couple $749)
Sept.   8-9      Imbabura Real Estate Tour  ($499 or couple $749)
Sept. 11-12     Coastal Real Estate Tour   ($499 or couple $749)
Sept. 14-15     Cuenca Real Estate Tour    ($499 or couple $749)
Sept. 17-18     Ecuador Shamanic Minga  ($499 or couple $749)
Sept 20-21      South Coast Real Estate tour ($499 or couple $749)

Oct.    7          Quantum Wealth North Carolina
Oct.   8-10     International Investing & Business North Carolina ($749 or couple $999)
Oct.   11-12    Travel to Quito and Andes
Oct.  13-14     Imbabura Real Estate Tour ($499 or couple $749)
Oct.  16-17     Coastal Real Estate Tour ($499 or couple $749)
Oct.  19-20    Quito-Mindo Real Estate Tour ($499 or couple $749)
Oct. 22-23     Cuenca Real Estate Tour ($499 or couple $749)

Nov.    4-7        Super Thinking + Spanish Course Florida ($749 or couple $999)
Nov.    8-9       Travel to Quito and Andes
Nov. 10-11       Imbabura Real Estate Tour ($499 or couple $749)
Nov. 13-14      Coastal Real Estate Tour ($499 or couple $749)
Nov. 16-17      Quito-Mindo Real Estate  ($499 or couple $749)
Nov. 19-20     Cuenca Real Estate Tour ($499 or couple $749)
Nov  22-23      South Coast Real Estate Tour (($499 or couple $749)

Dec.   3-5       Ecuador Shamanic Mingo  ($499 or couple $749)
Dec.   7-8       Imbabura Real Estate Tour ($499 or couple $749)
Dec.  10-11    Coastal Real Estate Tour ($499 or couple $749)
Dec. 13-14     Quito-Mindo Real Estate Tour ($499 or couple $749)
Dec. 16-17      Cuenca Real Estate Tour ($499 or couple $749)

If you join the International Club, the entrance fee for 2010 is $2,999 (until January 2010).  Your attendance fees at all courses will be waived. You and your guest can attend courses worth $40,947.

You can calculate the savings as our schedule of all 2010 courses is shown below.

Arrival dates are always one or two days earlier. Please double check with us before booking flights.

I invite you to be a member of the International Club which allows you and your guest of your choice to attend all of these courses which are valued at $40,947!

International Club 2010 Membership Enroll here

You may well wonder why I would make such an offer and ask why the cost is so low? Let me answer this question frankly and from the heart.

First, it helps us do a better job for you. We feel greatly enriched when we can really help our clients improve their lives. We have learned through years of experience the best way to do this is to meet with you regularly. We can best help you learn how to improve your health and wealth through continual expansion of knowledge.

Second, we gain enormous fulfillment from the many friendships we form through the years. Our friends have enriched our lives tremendously. Let me explain this in more detail.

As a member, you will be part of our international family that meets intensively over the next year to examine ways we can make our lives better. Our goal is beyond just having money. Our goal is to have quantum wealth… good health… wealth and fulfillment through service.

Though I give all course delegates my very best, I cannot help but to do a better job for those who come again and again. As we meet often; your particular wants, needs and desires become clear, and it is easier for me to point you in the right direction.

Another phenomenon is that repeat delegates help each other! They get to know one another, help each other learn, share their insights, make contacts and gain more wealth.

Out associates in Ecuador, are experienced business people who live or work and conduct our real estate and export courses.  They can also act as your local backup for the business.

Lifestyle for Two. There is more! I have learned at my courses that many repeat delegates were couples.

We want couples! As a member of the program, you are entitled to bring another person to every single course or tour. The cost for that extra person will be ZERO!  You can bring whomever you wish. Bring your spouse, a friend, son or daughter, partner, accountant, adviser. You can bring the same person each time or a different person, whomever you choose to accompany you. (Accommodations and air fares relating to the courses are not included for members, delegates or their guests.)

Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year? We look forward to seeing you at as many courses as possible and sharing this wonderful world of abundance and well being with you!


International Club 2010 Membership  Enroll here

Ecuador Beach & Mountain Retirement

Ecuador beach retirement?   Retire in Ecuador in the cool Andes? Or just live in Ecuadorian the mountains or on the sea?  The best way to know is to visit and see Ecuador for more than a few days.

This is why we have created a Retire-in-Ecuador inspection Surf & Turf Hotel program so you can live a month in the Andean mountains and on the Ecuador’s coast at prices far below rates you would normally pay.

The Retire-in-Ecuador program is designed to help you see a huge chunk of Ecuador as you immerse yourself in the wonderful culture and get to know Ecuador’s friendly people.

There is a secret to the program.  You inspections are centered around two seemingly isolated… yet central locations to help you see as much of the country in a most efficient way.

These locations are Cotacachi… north of Quito and San Clemente… north of Manta.

Surf & Turf lets you stay at Meson de Las Flores and Palmazul two of our favorite small hotels in Ecuador.

Welcome to Meson de las Flores… our colonial hotel.

Meson is in Cotacachi and near Otavalo. This area offers the essence of Andean friendliness and colonial charm. Breakfasts are included in your plan and served in this open air, central courtyard where our friendly staff helps you dine Al Fresco in the clean mountain air.

Or you can dine in the mural room.

Meson is located directly off Cotacachi’s main plaza and next to the village cathedral and Plaza. Here is a view from Meson of the cathedral at dawn.

From the minute you enter the hotel, you feel its history…

yet the rooms have all been renovated for your complete comfort.

Enjoy the company of Meson guests during evenings in the fireplace room for an evening snack, drink and a blazing fire to ward of the cool mountain air.

Cotacachi is perfectly located so you have access to Quito, Otavalo and Ibarra and surrounds. This is one of the major areas where new residents are moving.

Our normal surf and turf plan provides you with two weeks stay here at Meson de las Flores.  Then you head for Ecuador’s coast.

Palmazul Hotel & Spa is north of Manta, the central hub for reaching Ecuador’s beaches.  Palmazul is a new hotel right on the beach. Here I am working in the beach view dining room where your breakfast (also included) is served.


Both hotels Meson and Palmazul have just 15 rooms to assure privacy and personal attention.

You enjoy special savings on these hotel accommodations for two weeks in the mountains and two weeks on the sea.

This Ecuador Hometel plan cuts your hotel costs in half and makes these wonderful hotels your home.

Enjoy the colonial Ecuador hotel in the Andes El Meson de las Flores and on the sea at Palmazul…14 days stay in each hotel for a low total cost of $1,299 Single, $1,499 couple order here.

Please check with us for space availability before you book. Contact us at mesondelasflores@gmail.com

Ecuador Coastal Hotels Savings are now available at Palmazul Coastal Hotel Spa, one of the newest Ecuador beach hotels.

Palmazul sits directly on Ecuador’s beach and is offering an Ecuador coastal Hometel program so you can have a home away from home on Ecuador’s beach…live in luxury on the Ecuador sea at very low cost for a month (or longer) at a time.

Palmazul becomes your home for an Ecuadorian coastal adventure on the Pacific.


This is your Ecuador coastal swimming pool and tennis court…really on the beach…overlooking the Ecuadorian Pacific.

ecuador-beach-condo-tennnis court view

This is your Ecuador coastal swimming pool and tennis court…really on the beach…overlooking the Ecuadorian sea.

Here are some snapshots of the Palmazul Coastal Hotel and Spa and next door Vistazul condos.   You’l stay either in the hotel or in a two bedroom condo based on availability… but everyone is entitled to use the club house, dining rooms, pools, tennis courts, spa and beach.

The monthly price includes a wonderful served breakfast from this dining room overlooking Ecuador’s wonderful Pacific coast.

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.

San Clemente is a charming rustic coastal village, 45 minutes north of the port city of Manta, almost exactly in the middle of Ecuador ’s coast.  Bahia, Ecuador’s nicest coastal town is 30 minutes north.  Palmazul is perfectly located on a small road that ends just a short distance away into a cliff  thus  enabling you to enjoy proximity to town yet it is quiet as there is no through traffic. Transportation is also easy and fun…small jitneys everywhere!

San Clemente is a perfect starting point for exploring Ecuador ’s coast…in the middle of Ecuador beaches so you can reach the north or south of the coast in a day.

Yet in San Clemente, the days are full.  Fish from the jetties, stroll the beach, travel the coast, hike, horse ride, play tennis or just relax around the pool or on the beach.

Of course you can also work. Palmazul offers free wireless broadband for your laptop. Enjoy the peace and quiet of Ecuador ’s coast, but always stay in touch electronically with the rest of the world.

The spa also has a treatment room where you can enjoy a massage.

Your room will have a view and private balcony so your comfort does not end when the sun sets.

As dusk arrives so does the sea breeze…fresh into your room.

Cozy in your bed…

The surf serenades you in a soft night’s sleep…so you’ll be ready for the gentle surf and Pacific waters warmed by Ecuador ’s never ending sun.

To make your reservation, simply choose the order form below.


Enjoy really low rates in the mountains and on the sea with our month long surf  turf Retire-in-Ecuador program.  At normal rates a two week stay at each hotel (15 days at Meson and 16 days at Pamazul) would cost $3,262.  You save up to $2,073 because the one payment surf & turf rate is $1,299 ($1,499 for two).

Please check space availability before you book. For El Meson please contact mesondelasflores@gmail.com

28 day Surf & Turf $1,299 Reserve Single Here

28 day Surf & Turf $1,499 Reserve Double Here

July 24-26 IBEZ North Carolina

Oct. 9-11 IBEZ North Carolina

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

July 24-26 IBEZ North Carolina

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

Bahia Ecuador Real Estate

Bahia Ecuador is Ecuador’s best kept secret.

A message entitled Manta Real Estate in Ecuador looked at why Manta makes investing north of this port city a good investment.

Manta may be a great place to invest…but Bahia is a great place to be!

This picture at tripadvisor.com shows one reason why. Here is Bahia, Ecuador.


The full name of the city is Bahia de Caraquez. This is a town that makes living on this part of Ecuador’s coast a great place to be.

Wonderful Ecuador sunsets are here.


Yet as you will see below, there is much much more…here in Bahia, Ecuador.

Merri and I have for the last 25 years (since we left London) always lived in an out of the way place, two hours or so from an international airport and a half hour to a nice city.

When we moved to Naples, Florida 25 years ago it was a sleepy village…no WalMart…no Office or Home Depot etc. We were two hours from Miami International Airport and half an hour to Ft Myers. We would drive to Ft. Myers once ever two weeks or so to get supplies and then scoot back to the quiet life.

Now we are in the Blue Ridge…nothing is here but fields and forests! We drive a half hour to West Jefferson once a week to get groceries, the Farmer’s Market and if we have to go for office supplies that’s another 45 minutes. Then we zip back into the hills. Greensboro or Charlotte airports are a bit over two hours away.

Our home in Cotacachi, Ecuador is two hours from Quito International Airport and half an hour to the City of Ibarra.

So it was no surprise when I started calculating travel times from our new home in San Clemente in Manabi Province on Ecuador’s Pacific Coast.

We are 45 minutes to Manta. Add a check in and a 30 minute flight. This gobbles up two hours and gets us to Quito International Airport.

A half hour north of San Clemente is the town of Bahia de Caraquez one of Ecuador’s sleepers! It is one of Ecuador’s nicest cities that very few people know.

Bahia, first of all is clean. It became Ecuador’s first Ecocity in the late 1990s as a positive response to two disasters that hit this city of about 25,000 residents.

Two natural disasters fell upon Bahia right in a row. First, in 1997 the “El Niño” phenomenon caused torrents of rain, flooding and washed out miles of road in to and from Bahia. Then a year later in August 1998, a strong earthquake (magnitude of seven) created a huge amount of destruction,

In a kindness that evolution brings, Bahía had to completely reconstruct itself.

With Japanese help and funding, plus many wealthy Ecuadorians (one of Ecuador’s more successful presidents came from Bahia so it is well known in wealthy circles) Bahía rebuilt as an ecological area. The governing authorities made an official declaration of this fact. Since this time, the city has planned its development within the sustainable principals of an Ecocity.

Bahía is a Pacific coastal city located on a peninsula about an hour and 15 minutes north of Manta and is bordered by the Chone River.

Here is a shot taken on one of our coastal real etsate tours over the Chone Estuary.


Over the last decade Bahia has become one of the country’s most attractive resort areas due to its beauty, cleanliness and access to the major cities of Quito (five hours by car) and Guayaquil (four hours by car).

Bahia’s year round population is estimated at 25,000 with a substantial increase during the summer,

There are also two very important reasons why Bahia real estate values may now rise fast.

First, a new highway is being built between Quito and the coast. This construction is taking much longer than it should and costing way more than budget..but eventually it will be complete and one more concrete freeway will be able to whisk from Quito to Bahia.

Second, some day there will be a bridge across the Chone. Bahia sits on an isthmus between the Pacific Ocean and the huge estuary of the Chone River. If you are traveling from the south up the coast in a northwards direction, you are stopped at the Chone. The drive onwards moves down the Chone for a couple of hours just to get back to the coast north of the estuary north. Here is a group of our real estate tour delegates looking across the Chone.

This map shows it all.


The only way to cross the Chone at this time is via ferry. There are usually two car ferries. This is the Pacific Coast Highway running from Columbia all the way down to Peru and Chile so cars, buses and trucks use them.

Big trucks are loaded, first followed by the cars. These ferries also take foot passengers and are free.


There are also passenger ferries that continually go back and forth costing about 30 cents for the trip.

However, at times it can take up to two hours to get on a car ferry.

So a bridge across the Chone would be invaluable and is in the process.

John Papski, our man on the coast, recently visited Bahia and President Correa there.


Here is President Correa in Bahia.

John helped me complete a two part Bahia report that is now available to our Ecuador Living subscribers.

You can learn how to subscribe here

Until next message may all your secrets be as good as Bahia!


Our September 17-20 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour is sold out.

Our September 28-29 Imbabura Real Estate Tour has two spaces left

Oct 14-18 Ecuador Import Export Course

We still have space in November.

Nov 7-9 International Investing and Business Made EZ Ecuador

Nov 10-11 Imbabura Real Estate tour

November 12-15, 2008 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour