Tag Archive | "coastal real estate"

Oceanfront Townhouse Ballenita Ecuador


New oceanfront townhouse complex in Ballenita, about 5 miles north of Salinas.

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Ecuador coastal real estate continues to offer excellent value for those who shop a bit… as this listing shows.

There are nine units total, with pool, social area and parking and stunning ocean views.

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The first three units will be complete in a few weeks and  there is a great introductory price for 1,200 square foot units (116 m2) units at $87,000. This is about $80 per square foot).

A 1,750 square foot unit (160 m2) unit is $108,000 (about $70 a square foot).

The going rate for new ocean front construction with comparable finishings is at $100 to $120 a square foot. ( $1000 – $1100/m2) and on up.

All the units feature a 2-level floor plan, with 3 bedrooms, 2.5 baths and oceanfront balcony.

There are nice finishings such as granite counter tops, custom hardwood kitchen cabinets, tile floors, floor to ceiling windows in the living room and integrated connections for hot water, tv and phone.

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For full details contact Amy Pinoargote at gpinoargote@yahoo.com

Learn about custom Ecuador real estate tours.

Gary

We will have a full review of the Ecuador real estate market plus feature our Ecuador export facilitator at the upcoming Super Thinking + International Investing & Business Seminar.

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

 

Crucita Ecuador Ocean View House for Sale


Here is a Crucita Ecuador ocean view house for sale.

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Here is the ocean view from this house.

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About a decade ago on one of our first Ecuador real estate coastal real estate tours, we visited a new Ecuador Coastal view real estate project Balsamaragua. Just two houses were built at that time. Delegates went wild over the ocean view and purchased about half the lots.

I have watched this community mature over the decade with many incredible homes.  One that first visit we inspected both of the houses that had just been built so I know this one and believe it is an incredible value at the asking price so I am pleased to send this paid advertisement.

Gary

This Crucita ocean view house is located on top of a 145 meters above sea level (450 feet), with a 180 degrees view of the Pacific Ocean.

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No one can be close or next to the house, (as is customary here) as this ocean view house was built in the middle of four regular size lots precisely to avoid that closeness.  The house has has a big yard good enough to build a pool. There is space for for improvement, adding or remodeling.   There are other very pricey constructions right next to it.. one house next door is offered at $775,000… $615,000 more than this ocean view house.  The Balsamaragua development has been sold out. No more land is available and this house will go soon.

Land dimension:    816.99 sq.mts (8,160 square feet)
Construction dimension:    200 sq.mts (2,000 square feet)
Year construction:    2000
Location:    Villa Balsamaragua
City or Location:    Crucita Beach
Cost:    $170.000
Size:    Family Size
Rooms:    3
Kitchen:    1
Living Room:    1
Bathroom:    3
Garage: two cars
Yard: yes
Tax: $ 65 a year
Age: 10 years

You can stop on your way up, if walking, to enjoy the scenery…. the house has a 180 degrees view of the Ocean, which can also be seen from everywhere in the house.

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Another view on the way up.

Scene seen from balcony at 145 meters above sea level where the house sits on a hill.

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Panoramic views are everywhere… right from your master bedroom.. or your L.R. or from the roof ready to be converted into an
entertainment area… it only needs tile.

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The whole town view, from the roof of the house; view due south.

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View from the back window of one of the bedrooms.

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The drive way to the 2 cars garage…. even if remodeling using part of the garage, there will be enough room for 2 cars

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Another view of the house.

View due north… you can see a fishing village lights at night. as well as the city of Manta evening lights.

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Manta on the distance….. View due north, right from your master bedroom.   Just the view is worth a million!

The whole yard is fenced in and landscaped with Summer Flowers which bloom almost all year long.

The landscape has many colorful flowers and several centennial plants ready to bloom…. easy to keep due to weather conditions.

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The landscaped fence all blooming.

This house is set apart, because it was built on a four pieces of land put together as one whole lot to make the house sit right on the center of it, to avoid the customary way of building here, right to the border line… not having to suffer violations of your privacy in any way.

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Nicely landscaped, this house is just about the last one available with special characteristics…

Not obstructing your view of the ocean if you sit just about anywhere in the house; this landscape surrounds the house
at the lower level as the house sits on a hill.  A little TLC, will make it an outstanding home, right by the sea.

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Sea birds…  (Pelicans)  going south …

There you have it…  another part of the landscape… within the house.

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The gentle, almost permanent breeze,  plays around with the grass… a wonderful ocean view home at a very good price.

For full details contact Graciela G. Wakefield at gracewake@gmail.com

See this Ecuador ocean view house (if it has not sold) on an Ecuador mid coastal tour.


Ecuador Coastal Condo Update


Here is an Ecuador coastal condo update at Vistazul.

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The Vistazul project is still, in my opinion, one of the best values on Ecuador’s coast. $79,000 for a brand new 1,200 square foot, 2 bedroom, 2.5 bath condo with balconies, roof garden with sea views, and an exquisite on the beach club house, just 133 steps away from the condos.

These condos are also extra special because they are on a dead end road with hills behind and no other place to build in front of the units.  The residents have also been very active in keeping development at a low impact level… so this is a natural quiet area… that will stay this way!

Here you can see what I mean.

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I took this photo from the hills at the end of the dead end road. The white buildings you see at the base of the hill in the distance is Vistazul. This environment in this area from Vistazul up to where I took the photo has been aggressively protected by the residents. The developer of this project Kjetil Haugan worked with his neighbors here for years to create a low impact development that was acceptable to the community.

Kjetil just sent me this note.

Gary, We are doing the roads at Vistazul right now. I’ll send photos as this is complete.

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Here are photos of the guard house, entrance gate and…

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brick paver…

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we are putting into the…

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units.  Completed units in building 3 and 4 are available at  $89,000 each. The unfinished units in building 2 and 6 are less at $79,000.

Financing is available on all units.  10% down payments up to 15 years financing with 6% interest.

Kjetil

For more information contact Kjetil at kjetil@haugancruises.com

Read a full review on San Clemente area of Ecuador’s coast here.

See…

Galapagos-savings

galapagos-photos

how to get Galapagaos Tour Savings of $3,114.

Gary


Crucita Beach View Property


Here is a Crucita beach view property for sale.

We have taken delegates on our Ecuador real estate tours to the Balsamaragua gated community for the past dozen or so years because of this incredible view!

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The development is excellent.  I have never seen a better view.

The project is wonderful. Here are…

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delegates on one of our…

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Ecuador property tours heading to the Balsamaragua restaurant for lunch and a…

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look round. This is Bolivar our driver and two delegates.

Here are some of…

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the

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existing…

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homes in…

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Balsamaragua.

A new builder “Crucita Homes” is building houses in the Balsamaragua community now.

Here is a paid advertisement that Crucita Homes has placed for you.

Crucita Homes is a custom home building company dedicated to quality construction with excellent craftsmanship and service. Crucita Homes is now building the most spectacular custom built homes on some of the most prime beach properties in Crucita, Ecuador.  Our craftsmanship and expertise shows in the details of every home we build.  Our goal is not just to build your home, but to listen to all your individual needs so that we may create your dream home!  We are now building in Villa Balsamaragua with spectacular views of the Pacific Ocean and coastal city of Crucita…in the distance, you can also see the city lights of Manta. This is a gated community in one of  the safest villages in Ecuador.

Crucita is a lovely seaside town, situated about a 50 minutes drive from Portoviejo, the capital city of the Manabi Province of Ecuador.  A popular holiday destination, especially during carnival, the friendly people of Crucita welcome visitors to enjoy the long stretches of sandy beach, the sights and sounds of an abundant variety of sea-birds, and the magnificent cliffs rising up from the beach situated south of the town that are considered by many to be the best in Ecuador for recreational hang-gliding and paragliding.

Here is a current house for sale.





This home is being constructed in the most desired gated community of  Villa Balsamaragua, and is one of approximately 22 luxury homes in this community.  This featured home is projected to be complete by June of 2010.  There are approximately 5000 square feet under air, and  3000 square feet of deck space.  This luxury home has been built with all American standards.  It also includes the best  furniture available in Ecuador. The windows alone are valued at over $15,000.  This home also has a generator on-site as well as many other upgrades. The master bedroom is 1000 square feet as well as the master bath.  The home has a total of 6 bedroom and 5 baths, and will soon be featured in  ECUADOR BETTER HOMES.  

The list price of this magnificent home is $749,000.

See more about this house and the Villa Balsamaragua community at Crucita Homes

For more information on the house above and lots for sale in the Villa Balsamaragua community contact Ron Steinhoff at crucitahomes@gmail.com

Gary

How We Can Serve You

How to Have Real Safety

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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.

This is why the core Pi model portfolio (that forms the bulk of my own equity portfolio) consists of 19 shares and this position has not changed in over two years.  During these two years we have been steadily accumulating the same 19 shares and have not traded once.

The portfolio has done well in 2017, up 22.6%, better than the DJI Index.

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However one or even two year’s performance is not enough data to create a safe strategy.

The good value portfolio above is based entirely on good value financial information and mathematically based safety programs developed around 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 and the mathematical trend analysis of Tradestops.com.

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.

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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, Germany, Hong Kong, Italy, Japan, Norway, 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 the 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.

Pi uses math to reveal the best value markets then protects its positions using more math created by Richard Smith founder and CEO of Tradestops.com to track each share’s trend.

We use Smith’s  algorithms that calculate momentum of the good value markets.

dr richard smith

The Stock State Indicators at Tradestops.com act as a full life-cycle measure that indicates the health of each stock. They are designed to tell you at a glance exactly where any stock stands relative to Dr. Smith’s proprietary algorithms.

Kepppler’s analysis shows the value of markets.  The SSI signal indicates the current trend of each stock (performing well, or in a period of correction, or stopped out).

The SSI tells you one of five things:

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Akey component of the Stock State Indicator (SSI) system is momentum based on the latest 521 days of trading.  A stock changes from red to green in the SSI system only after it has already gone up a healthy amount and has started a solid uptrend.

How SSI Alerts Are Triggered

If the position has already moved more than its Volatility Quotient below a recent high, the SSI Stop Loss will trigger.  This is an indicator that the position has corrected more than what is normal for this stock.  It means to take caution.

Below is an example of how SSIs work.  This example shows the Developed Market Pifolio that we track at Tradestops.com.

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Equal Weight Good Value Developed Market Pifolio.

At the time this example was copied, all the ETFs in the Developed Market Pifolio (above) currently had a green SSI.

We do not know when the US market will fall.  We only do know that it will.  We also do not know if, when the US market corrects, global markets will follow or rise instead.

The fact that the Pifilios are invested in good value markets reduces long term risk.

Additional protection is added by using trailing stops based on the 521 day momentum of each stock in the Pifolio.

Take for example the graph below from our Tradestops account that shows the iShares MSCI United Kingdom ETF.  This ETF had a green SSI and a Volatility Index (VQ) of 13.26%.  This means the share can move 13.26% before there is a trend shift.

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iShares MSCI United Kingdom ETF (Symbol EWU)

Pi purchased the share at$31.26 and in this example the share was $34.43 and rising.  Tradestop’s algorithms suggested that if the price drops to $31.69 its momentum would have stopped and it would have shifted into trading sideways.   The stop loss price is currently $29.86.  If EWU continues to rise, both the yellow warning and the stop loss price will rise as well.

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 two 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 Platinum Dip 2018” 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 added how to use the Dip Strategy with platinum.   The “Platinum Dip 2018” 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 “Platinum Dip 2018” 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.

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

In 2018 I celebrate my 52nd anniversary in the investing business and 50th 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.

Stock and currency markets are cyclical.  These cycles create extra profit for value investors who invest when everyone else has the markets wrong.  One special seminar session looks at how to spot value from cycles.  Stocks rise from the cycle of war, productivity and demographics.  Cycles create recurring profits.  Economies and stock markets cycle up and down around every 15 to 20 years as shown in this graph.

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The effect of war cycles on the US Stock Market since 1906.

Bull and bear cycles are based on cycles of human interaction, war, technology and productivity.  Economic downturns can create war.

The chart above shows the war – stock market cycle.  Military struggles (like the Civil War, WWI, WWII and the Cold War: WW III) super charge inventiveness that creates new forms of productivity…the steam engine, the internal combustion engine,  production line processes, jet engines, TV, farming techniques, plastics, telephone, computer and lastly during the Cold War, the internet.  The military technology shifts to domestic use.  A boom is created that leads to excess.  Excess leads to correction. Correction creates an economic downturn and again to war.

Details in the online seminar include:

* How to easily buy global currencies, shares and bonds.

* Trading down and the benefits of investing in real estate in Small Town USA.  We will share why this breakout value is special and why we have been recommending good value real estate in this area since 2009.

* What’s up with gold and silver?  One session looks at my current position on gold and silver and asset protection.  We review the state of the precious metal markets and potential problems ahead for US dollars.  Learn how low interest rates eliminate  opportunity costs of diversification in precious metals and foreign currencies.

* How to improve safety and increase profit with leverage and staying power.  The seminar reveals Warren Buffett’s value investing strategy from research published at Yale University’s website.  This research shows that the stocks Buffet chooses are safe (with low beta and low volatility), cheap (value stocks with low price-to-book ratios), and high quality (stocks of companies that are profitable, stable, growing, and with high payout ratios). His big, extra profits come from leverage and staying power.  At times Buffet’s portfolio, as all value portfolios, has fallen, but he has been willing and able to wait long periods for the value to reveal itself and prices to recover.

keppler asset management chart

This chart based on a 45 year portfolio study shows that holding a diversified good value portfolio (based on a  good value strategy) for 13 month’s time, increases the probability of out performance to 70%.  However those who can hold the portfolio for five years gain a 88% probability of beating the bellwether in the market and after ten years the probability increases to 97.5%.

Time is your friend when you use a good value strategy.  The longer you can hold onto a well balanced good value portfolio, the better the odds of outstanding success.

Learn how much leverage to use.  Leverage is like medicine, the key is dose.  The best ratio is normally 1.6 to 1.  We’ll sum up the strategy; how to leverage cheap, safe, quality stocks and for what period of time based on the times and each individual’s circumstances.

Learn to plan in a way so you never run out of money.  The seminar also has a session on the importance of having and sticking to a plan.  See how success is dependent on conviction, wherewithal, and skill to operate with leverage and significant risk.  Learn a three point strategy based on my 50 years of investing experience combined with wisdom gained from some of the world’s best investment managers and economic mathematical scientists.

The online seminar also reveals  the results of a $80,000 share purchase cost test that found the least expensive way to invest in good value.  The keys to this portfolio are good value, low cost, minimal fuss and bother.  Plus a great savings of time.  Trading is minimal, usually not more than one or two shares are bought or sold in a year.  I wanted to find the very least expensive way to create and hold this portfolio so I performed this test.

I have good news about the cost of the seminar as well.   For almost three decades the seminar fee has been $799 for one or $999 for a couple. Tens of thousands paid this price, but online the seminar is $297.

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

Save $468.90 If You Act Now

Subscribe to the first year of The Personal investing Course (Pi).  The annual fee is $299, but to introduce you to this online, course that is based on real time investing, I am knocking $102 off the subscription.  Plus you receive FREE the $29.95 report “Three Currency Patterns for 50% Profits or More”, the $39.95 report “Silver Dip 2017” and our latest $297 online seminar for a total savings of $468.90.

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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 “Platinum Dip 2018” 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.

Gary

New Salinas Ecuador Beach Project


Last week we let our Ecuador Living subscribers know about a new Ecuador beach project near Salinas Ecuador.

Dr Andres Cordova has been our friend and attorney in Ecuador for more than a decade. He  has helped many of our readers in many ways.

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See more about his Ecuador Kindness here.

Andres is also a property developer with an environmental ethic. He has developments in the Galapagos and near Mindo Ecuador.

Andres is now starting a new development near the coastal town of Salinas Ecuador.

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Andres writes:

Punta Carnero is poised to become one of the most important coastal-development areas in Ecuador and if location is important (it certainly is) timing is too. International interest in Ecuadorian coastal real estate is growing by the day, prompted by international conditions, great values to be found in Ecuador, pressing demographics and boomer’s needs too.

For most of Ecuador’s coast, many compromises need to be made, but in Punta Carnero’s case, there are many elements already in place and so many more coming that its is quite “the” option right now.

For starters, there’s an airport just minutes away, currently overhauled and made into an international, open-skies operation; medical care, shopping, restaurants, parks, transportation and other amenities are easily within reach, barely minutes away.

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There are rather excellent connecting highways and roads in the area.

The beach right across Punta Carnero is spectacular, with a wide stretch of white sand, spectacular waves and the most beautiful sunsets you are likely to see.

Punta Carnero lies barely a few minutes from the resort town of Salinas but without the crowded beaches and intensity. You can have the best of both worlds in Punta Carnero!

As the Punta Carnero area becomes increasingly prevalent in the investor’s radars, prices are bound to come up so the time is now.

For example, right now there is an 8.000 sq.ft. beachfront lot that is just perfect for a villa, a few condos or for a pure investment in land going for $51,950. You can have a spectacular ocean-front villa or do a few condos in a mid-rise and get quite a profit out of it. We are sure ready to help you make this a reality.

The time to act is now, to secure property in what should be Ecuador’s next beach-front sensation.

Neither Merri or I, or any associate or company is involved financially in this project.

You can see a brochure on Punta Carnero at pdf-pta-carnero31

Learn how to be an Ecuador Living subscriber and see new Ecuador properties first.

For more information contact Dr. Andres Cordova at afcordova@accessinter.net

Gary

See Ecuador beach property  on our upcoming Ecuador real estate tours.

June 12-14 Shamanic Mingo Tour

June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

July 4-8  Ecuador Export Tour

July 8-9 Imbabura Real Estate Tour

July 10-13 Ecuador Coastal Real Estate Tour

July 24-26 IBEZ North Carolina

Sept. 17-21 Ecuador Spanish Course

Sept. 23-24 Imbabura Real Estate Tour

Sept. 25-28 Ecuador Coastal Real Estate Tour

Oct. 9-11 IBEZ North Carolina

Oct. 21-24 Ecuador Import Export Expedition

Nov. 6-8 IBEZ Ecuador

Nov. 9-10 Imbabura Real Estate Tour

Nov. 11-14 Ecuador Coastal Real Estate Tour

Attend any two Ecuador courses or tours in a calendar month…$949 for one.  $1,349 for two.

Attend any three Ecuador courses or tours in a calendar month…$1,199 for one.  $1,799 for two.

Ecuador Beach Condo Savings


Ecuador beach condos in San Clemente offer special value now for seven reasons shown below.

Bahia, is in my opinion, one of the nicest towns on Ecuador coast. Pacific Coastal condos in San Clemente, only thirty minutes, away offer some of the best value that Merri and I have found.

These San Clemente coastal condos are called Vistazul and they offer an even more special opportunity now. Here are delegates on our last Ecuador coastal real estate tour going over to look at the Vistazul model which is 75% complete.

Vistazul-Ecuador-beach-condos

Merri and I are back from a quick trip south…to Cotacachi and to visit our Ecuador coastal condos in San Clemente. These Ecuador coastal condos are special, value wise, for seven reasons.

First, over ten years ago, Merri and I drove almost the entire length of Ecuador’s coast with our Norwegian friend, Kjetil Haugan. This trip included a visit to San Clemente which is a tiny fishing village on the Ecuadorian Pacific.

We saw that San Clemente Ecuador offered special value for Ecuadorian beach real estate. This was one of Ecuador’s best beaches, but just 45 minutes north of Manta and only a half hour to Bahia Ecuador.

Here is the San Clemente beach.

Ecuador-Coastal-Beach

Kjetil bought 12 acres of land on this beach in San Clemente…then…ten years ago. This is the first reason why the Vistazul Ecuador Coastal condos offer special value now. A recent message outlined how we conducted real estate tours and urged readers to buy Ecuador beach property around Manta over ten years ago because land on Ecuador’s coast now is still a terrific value. Yet especially around Manta, land has appreciated as much as 800% in the last decade. Many of our readers and real estate tour delegates of a decade ago purchased ocean view house lots at $2,500. These same lots as resales are now selling at $17,500.

Kjetil can offer really great Ecuador beach condo prices because he bought the land at rock bottom prices years ago.

Many Ecuador coastal properties are popping up now but most developers are buying land to develop…at current, much higher prices.

San Clemente is catching on. Already we are told that one of our readers purchased a large beach front property (to develop I assume) just a few hundred yards from the Vistazul project. This reader cannot compete with Vistazul price wise because the current price paid for the land is so much higher.

The second reason there is special value there is that Kjetil has more than a decade of business and Ecuadorian experience. His wife’s family have long been involved in construction. His father in law is an engineer who has great experience at building on the coast.

Here is Jessica Haugan, Kejtil’s wife, who operates the Palmazul Spa welcoming our delegates to inspect the model.

Vistazul-Ecuador-beach-inspection

Here is Kjetil and his father-in-law, Julio, showing delegates the roof garden on unit #207 (the lowest view and price).

Vistazul-Ecuador-beach-condos-builders

Third, the Vistazul beach condos offer special value because Merri and I do not charge commissions. We do not make a penny when people buy Ecuador real estate.

Our readers have purchased many millions of dollars of Ecuador real estate in Galapagos, Mindo, Cotacachi, Quito, Vilcabamba, Cuenca, on the Pacific Coast, and elsewhere around Ecuador. Merri and I may have helped more gringos buy Ecuador real estate than anyone else. Yet we are not real estate brokers and do not take commissions for this.

The fact that Merri and I liked, felt confident in and invested ourselves in Vistazul, means that Kjetil has been able to sell two thirds of these coastal condos without paying a penny of the normal sales commission. This has saved him as much as $500,000. This does not mean Kjetil has pocketed this extra cash. I asked (and he agreed) to pass this savings onto buyers of Vistazul who are Ecuador Living subscribers.

Here is the Palmazul Spa and the clubhouse for Vistazul. This is where our coastal real estate delegates stay.

Vistazul-Ecuador-beach-condo-clubhouse

Fourth, Kjetil built the beach condo club house first…last year…when cement and concrete prices were about half they are now. Plus he made a very intelligent decision to run the clubhouse as a hotel…Palmazul.

Three buildings with 19 units are under construction. We were pleased last week to view th progress.

Here they are. You can see each level of construction. The 63 units are set out on the 12 acres so no building blocks the view of another.

Vistazul-Ecuador-beach-condo-totals

Fifth, we center our Ecuador coastal real estate tours around the Palmazul club house which means we send hundreds of guests there. This provides substantial income so condo owners do not have to bear as large an expense to maintain the club house.

Front door of a Vistazul unit.

Vistazul-Ecuador-beach-condos-frontdoor

Sixth, Because Merri and I understood the project, we were willing to invest up front. Our many years of work with Kjetil have created a bond of trust. Because of this Merri and I, plus one of our friends and two of our daughters bought the first twelve units. In other words, nearly 20% of the Vistazul project was sold before Kjetil even began to break ground.

Here is a Vistazul ground floor interior…looking back.

Vistazul-Ecuador-beach-condos-interior

And front with our friend from Telluride, Bob Humphrey.

Vistazul-Ecuador-beach-condo-inside

Seventh, Kjetil also has one of the largest Spanish schools and travel agencies in Ecuador. This provides marketing clout and gives Kjetil the ability to help bring condo renters to San Clemente.

Staircase.

Vistazul-Ecuador-beach-condos-stairs

In summary Vistazul has many excellent value features:

* Low land costs.

* Infrastructure competed before inflation.

* Two thirds of the units sold.

* Construction experience.

* Low cost marketing for sales and renter.

* Perfect on the beach location.

* Master Bedroom looks over the sea.

Vistazul-Ecuador-beach-condos-masterbedroom

This is why I have been encouraging readers to look at Vistazul. There are 63 units to be built. 42 of these Ecuador condos have sold since I first wrote about these condos just nine months ago. Now Kjetil is also offering ten year mortgages at 8.5%,. I expect the remaining 21 units to sell quickly.

Ecuador coastal delegates inspect roof garden and lowest view.

Vistazul-Ecuador-beach-condos-Front

Due to inflation, Kjetil has raised his prices, but due to our original agreement with him he has still been offering a discount to our Ecuador Living subscribers.

That offer expired after our last Ecuador Coastal real estate tour but I asked him to continue the special until October 1, 2008.

This is significant because I always advise readers to never buy Ecuador real estate sight unseen. Kjetil, in his agreement with us, allows those who make a deposit 60 days to come down and visit the condos on the beach. This means that those who make a deposit before October 1 can hold their unit until our November 12 – 15 Coastal tour when they can inspect the property.

Here are the remarkable values on these Ecuador beach condos.

There are three levels of condo.

All units are identical…except for a few options available in tile, cabinets, doors, counter tops etc. Price differences relate to view. The higher on the hill, the higher the price.

Coastal tour delegates on roof garden of lower unit.

Vistazul-Ecuador-beach-condos-top-floor

For details on the units below contact Thor Anderson at thor@sanclementeecuador.com

Lower level units available are #: 104 – 205 – 207 – 302 – 305 – 503 – 506.

Price is $89,000 or $22,250 down and $828 a month.

Ecuador Living subscriber price available until October 1, 2008 is $79,000 or
$19,750 down and $735 a month.

Medium level view.

Vistazul-Ecuador-beach-condos-panorama

Medium level units available are #: 602 – 603 – 604 – 605 – 801 – 805 – 806.

Price is $115,000 or $28,750 down and $1,068 a month.

Ecuador Living subscriber price available until October 1, 2008 $99,000 or $24,750 down and $921 a month.

Upper level view at sunset.

Bahia-Ecuador-coastal-condo-views

Upper level units available are #: 901- 902 – 904 – 1101 – 1102.

Price is $139,00 or $34,750 down and $1,293 a month.

Ecuador Living subscriber price available until October 1, 2008 $125,000 or $31,250 down and $1,163 a month.

To obtain the discount you must be an Ecuador Living subscriber.

For details on the units below contact Thor Anderson at thor@sanclementeecuador.com

Vistazul kitchens have marble cabinet tops. The cabinets are not yet installed in this shot and there are breakfast bar height options.

Vistazul-Ecuador-beach-condos-breakfast bar

For details on the units below contact Thor Anderson at thor@sanclementeecuador.com

Until next message, may all your values be good.

Gary

Join us in November to inspect Ecuador property for sale.

Vistazul-Ecuador-beach-condos-model

Our September 17-20 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour was sold out as was our September 28-29 Imbabura Real Estate Tour was sold out.

Our Oct 14-18 Ecuador Import Export Course only has a couple of spaces open.
https://www.garyascott.com/catalog/ecuador-import-and-export-tour

We still have space in November.

Join us in Cotacachi at El Meson de las Flores.

cotacachi-daybreak

Nov 7-9 International Investing and Business Made EZ Ecuador
https://www.garyascott.com/catalog/international-business-made-ez-ecuador

See these condos at $46,000 in Cotacachi.

Nov 10-11 Imbabura Real Estate tour
https://www.garyascott.com/catalog/ecuador-real-estat

Dine with delegates at the Vistazul clubhouse.

Ecuador-fishng-view-4

November 12-15, 2008 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour
https://www.garyascott.com/catalog/ecuador-coastal-real-estate-tour