Tag Archive | "massages"

La Mirage Cotacachi Garden Hotel & Spa


La Mirage is a garden hotel and spa listed as a Relais and Chateaux property…that is here in tiny Cotacachi!

La Mirage Garden Spa & Hotel is the best luxury hotel.  This is a great place to stay if you are looking for a luxury hotel anywhere in Ecuador.  In fact, La Mirage is a great place to stay if you are looking for luxury anywhere in the world!

The upcoming New Year celebrations reminded me of  last year’s events event in Cotacachi.

Here is a note from Patricia McCormick, a friend, a reader.  She spent New Year’s Eve at the La Mirage Cotacachi spa last year and sent this note:

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Happy New Year!  At this time of so much change, may you find peace and joy, and may you manifest all your desires in gratitude.

I went with four friends to La Mirage Relais & Chateaux.  We walked through a cow and sheep pasture to the front gate – just a stone’s throw from our homes in San Miguel.  Can you believe that this extraordinary resort is rated as one of the top ten resorts IN THE WORLD!!!  And it is located in our sleepy little leather village, Cotacachi, population about 6,000.

It is probably the most festive New Year’s Eve celebration in my life – the food was exquisite and there were 12 courses, including 3 sorbets – one being a delicious rosemary sorbet.  The room was decorated with festive abandon and we were entertained with a show of fireworks in the gardens outside our window.  Many balloons were released skyward, spewing sparkles and the grand finale was at midnight when a 3-story structure was lit, igniting a spectacular show of animated figures and breathtaking splurges of lights.  Several men worked all day, preparing the fireworks for the event.

The people in Ecuador love to parade and celebrate – there were many parades that day, the sounds of music and fireworks everywhere.  In fact, I could hear in the distance the people of the little village up the hill from my home partying with music and singing until about ten o’clock New Years’ Day! They are hard-working, gentle and happy people and I am happy to be here enjoying the beginning of a new year in this land of eternal springtime.  What a blessing!

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Happy New Year, Love and Light and Blessings to you, Patricia

In a moment, I’ll explain how Ecuador Living subscribers can save as they are immersed in ultra luxury at La Mirage Cotacachi’s premier boutique hotel plus receive special amenities and upgrades.

Merri and I purchased and run a small Cotacachi hotel… Meson de las Flores.  Yet I can say without shame that we are not the best hotel and spa in Cotacachi.  We are definitely second best, but not even close to best because…

five minutes away is La Mirage a Relais and Chateaux Spa.

I really cannot say enough about how lucky Cotacachi is to have La Mirage spa.

We offer a Cotacachi Spa week that starts with a La Mirage Cotacachi spa with a private, personal, hour and a half, Shamanic Purification Treatment. Enjoy the wisdom of our female Shamana who has inherited years of experience from her father a recognized Shaman in this region. Her purification room has been specially designed on indigenous healing principles to unify the body, mind and spirit. She blends relaxation techniques using the rose petal filled float tank and completes your healing process with an hour long aromatherapy spiritual massage.

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Shamana filling the rose petal filled pool during the shamanic purification massage.

La Mirage Spa, one of Cotacachi’s best kept secrets. This is a great place to stay if you are looking for a hotel in Cotacachi…and if luxury is valued more than price.

Here is the entrance to the spa at La Mirage Garden Hotel and Spa.

Cotacachi Hotel La Mirage

La Mirage offers  pure luxury…surprising for a spa in a village as small as Cotacachi.   This spa has such high standards that its prices create an incredible value.

The world is full of surprises but Cotacachi is a sleepy village and at the end of a bumpy, grass lined road sits Ecuador’s (and you may even say South America’s) most luxurious garden hotel and spa.

Gardens at Hotel La Mirage.

Cotacachi Hotel La Mirage

Hotel La Mirage is one of Ecuador’s oldest colonial haciendas, located in Cotacachi, ten minutes from the center of Otavalo. The hotel is set in luxuriant gardens full of tropical flowers and wildlife.

As hard as it is to imagine, there are three reasons why you can enjoy even more special treatment at La Mirage.

These three reasons are why you can enjoy this luxury spa hotel in Cotacachi and gain special benefits as an Ecuador Living subscriber.

First… we own an Ecuador hotel.  Hotels work together in Ecuador and offer special referrals to help one another.

Second, for the past 15 years, Merri and I have watched La Mirage become one of the most sacred and exquisite hotel spas we have ever experienced.  It is a vital part of our life in Ecuador. We have remained best friends with the owners over these years, and we are in love with this undeniably special garden hotel and spa.

The spa provides a special breakfast with fresh organic fruits and juices,  an afternoon of massages, resting in the garden, meditating in the most beautiful meditation room we know and afternoon teas.

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Meditation room at La Mirage Garden Hotel & Spa in Cotacachi.

This is almost a secret place. Few people can believe that an oasis of such high quality can exist in a tiny remote village high in the Andes. This is one of the most exquisite hotel spas in the world. This is one of the wonders of Ecuador for sure!

Shamana in shamanic treatment room at Hotel La Mirage spa.

Cotacachi Hotel La Mirage

Third,  we have one of, if not, the largest, Ecuador oriented websites that reaches over 18,000 (and growing) readers every day.   We provide La Mirage with a lot of attention. We do not ask for a cent for it… just that they do something special for the subscribers who support us.  So when you subscribe to Ecuador Living you gain extra benefits at La Mirage.

La Mirage hotel grounds in Cotacachi.

Cotacachi Hotel La Mirage

La Mirage offers, the highest, most refined, most elegant and delightful experience with the spa and 5 Star restaurant, organic gardens, horses, alpacas, llamas, small river, tennis courts and exquisite beauty.

There are fifteen luxury rooms at La Mirage and a world class spa with lush private gardens and a spa that is pure luxury.

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Whether you are dipping into a jacuzzi or enjoying a cozy eucalyptus fire in one of the many beautifully decorated rooms, you will find fresh roses everywhere. No detail is overlooked.   Guests range from Hollywood stars and US Senators to royalty.  The Queen of Spain chose La Mirage during her stay in Ecuador.

There are also great culinary delights  in the La Mirage kitchen that you can now know and enjoy.

We take most course delegates to visit La Mirage spa at least once during a course and enjoy the great Ecuador cooking there.  The food is incredible.

The chefs are world class, and presentation is at the top of their list. Appetizers are served in individual wooden music boxes, soup is poured hot into your bowl when served and each plate is a work of art. Here I am with delegates at La Mirage.

Here is the risotto starter up close.

The homemade, organic rose ice-cream dessert is out of this world.  Each tiny ball of rose ice-cream hides in the center of a blossom of sugared rose petals.

Everything at La Mirage is exquisite.

If you plan to come to Cotacachi to attend one of our courses or on your own and if you would like to experience this ultimate in luxury, care and beauty, consider La Mirage Garden Hotel and Spa.

We have arranged with La Mirage a special reduced rate for our Ecuador Living subscribers, including a sumptuous breakfast in the glass aviary and gourmet dinner in their glorious dining room…. a complimentary bottle of champagne and a room upgrade when possible.

If you are an Ecuador Living subscriber… contact Bonnie at the Ecuador Living hotline and she’ll provide full details.

Learn how to subscribe to Ecuador Living here.

Our courses and spa retreats and monthly stays are filling up El Meson to the brim…and we are extremely proud to be able to offer you this exquisite alternative.

If you plan to come to Cotacachi to attend one of our courses or on your own and if you would like to experience this ultimate in luxury, care and beauty, consider La Mirage.

We, of course, welcome you to Meson de las Flores. Our rooms start at $59 (plus Ecuadorian 22% service and tax) and you will find us a delight. However if you would enjoy gourmet meals and a room at a world class spa all for less than a similar meal would cost in the West, consider upgrading to La Mirage!

See more about La Mirage below.

Visit Cotacachi, La Mirage and attend our  Ecuador Export Tour

and our

North Andes, Imbabura & Cotacachi Real Estate Tour

Attend both tours for $998 or a couple is  $1,349.    This saves $149 on the couples fee.

See more about La Mirage at Ecuador cooking and Cotacachi Spa Day

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.

tradestops

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.

stock-Charts

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

Ecuador Beach Tours


Ecuador beach condos offer great value.  Only $89,000 (with 80% financing) for brand new units and resales.

Here is an update on Vistazul Ecuador condos on the coast.

These condos offer great value and come with a club membership at Palmazul Boutque Hotel & Spa.

ecuador-sea-real-estate

This is the Palmazul Boutique Hotel and Spa which is also the Vistazul club house right at the condo project.  You can enjoy massages, swimming pool, tennis.

The owner Kjetil Haugan is currently adding upgrades at the club house with a loan received from an Ecuador business agency, upgrading rooms, building a new spa in front of the ocean, adding a new bar, along with bikes and  kayaks.

There is a children’s play ground and…

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Here are children of two of the first families with children who have condos at Vistazul.

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You can enjoy fine dining overlooking the beach.

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There are also several Vistazul condo resales offered at $84,000.  The benefit of these resales is that the units are finished. You can move in or begin renting them at any time.

Kjetil has also started to promote the hotel heavily in Ecuador, Peru and Colombia and is getting an average of 10 requests per day.  This should be very good for the apartment rentals once Vistazul is ready.

Here is an update on the Vistazul project.    Units 101 t0 1o5 are now finished and sold.

103 is available as a resale at $84,000 including club membership.ecuador-sea-real-estate-401

Here is the front of units 101 to 105.

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Here is unit 102 also there is a resale at the same price…. finished and ready to move in at the same price… $89,000.

For those with patience five units that are not ready… are still for sale…  for Ecuador Living subscribers.  The price is just $89,000 including the club membership.

Here are the unfinished units in Building two…

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and six.

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Here is the site plan.

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Every unit has a sea view from the bedroom or roof and of course has great sunsets.

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Let me walk you around the project with these pictures so you can tie the units and progress to the sketch above.

Here is a shot from the Palmazul hotel which is also the condo development’s clubhouse which sits right on the beach.

galapagos-discounts

The first building you see on the left is Block #1.  This block is 133 steps to the beach…just a bit over the distance of a football field.  I counted the steps myself!

Block #3, is  done.  There is one resale here at $89,000.

galapagos-discount-tour

Phase one of the project has 38 units in total.  Phase II is scheduled for 32 units.

Keep in mind ownership of these condos also include a free four day Galapagos cruise worth $2,230.

If the current owner has not used this cruise that benefit also passes along with the sale.  The tour is also offered in the resale units.

Patience is a great virtue in business and investing.

Though Vistazul owners have the right to use the pool and tennis courts at the clubhouse, Vistazul is also adding a swimming pool and tennis court at to make it easier for those in the upper to rent their condos.

Phase II units have better views but also higher prices at $115,000

See www.sanclementeecuador.com/ for more information.

Gary

Interested in Ecuador beach condos. learn more hear about our Ecuador coastal real estate tours.

Ecuador Patience


There is extra opportunity in Ecuador for those with patience.

This chess set started me thinking about patience.

market-Timing

This is a time of great opportunity…  perhaps the greatest in 40 years…yet not without the bravery to accept risk… and several other qualities…. patience…  flexibility… resilience… tenacity… acceptance and a bird’s eye view to see the big picture.

In a moment… we’ll look at some Ecuador real estate and see how patience works there.   First a true and recent story… about patience and chess.

Having lived a wandering life… I have not accumulated a lot of stuff in the years I was moving around.   In fact only one material thing survived  my decades in Hong Kong and Europe… this ivory chess set.

market-Timing

I am not even sure why I lugged the wooden, silk lined box through so many countries.  For years I did not even play… but I kept the set and now it’s a treasure to me.

The set is a little battered.  Our five children each had a go at it one time or another.   A couple of the rooks are minus their ears.

Overall however this is a lovely set…  4 inch, pure ivory… no longer possible to import.  I love its feel.

Our friend and farm manager, Richard Goebel, and I have a continual, running game.  The board sits in our hallway and as Richard or I pass through we stop for a moment… study and make a move.

Sometimes when Merri and I are traveling we are weeks between moves… but a game is always on the board.   Richard and I are pretty evenly matched.  Usually there is no  winner… just a loser… the one who made the most current stupid error.

Recently it was my turn at stupidity, (aghhhh).  Early in the game, I gave up my queen.

Carelessness… pure and simple. I can offer nothing more.

I was instantly discouraged.  We both had nearly a full board but I was already missing my queen!  “How can I possibly win” I thought, “with such a disadvantage?”

I was about to give up when some quiet voice said, “No, keep playing.”

A few days later Richard stupidly gave up his queen as well.  That game dragged on for days but in the end the match was mine because of… patience.

This started me thinking about these seven qualities that can unlock enormous business and investing opportunity now:

#1: Bravery to accept risk

#2: Flexibility

#3: Resilience

#4: Tenacity

#5: Acceptance

#6: Bird’s eye view

#7: Patience

Thinking about patience reminded me of  John Milton’s poem  “On His Blindness.”

Milton is acclaimed to be one of the greatest English poets and I am not sure he was always patient.   Resilient yes… he was kicked out of university, lost wives and was imprisoned for his political views and went blind… yet managed to keep creating his incredible prose.

However  I believe that Milton understood patience… perhaps from his blindness because he ended his poem “On His Blindness”  (see the entire poem below) with this powerful reminder, “They also serve who only stand and wait.”

The Chinese have an even more ancient saying:  “Sit on the river bank long enough and you see the bodies of all your enemies float by”.

Patience is important when buying real estate in Ecuador or anywhere.

Merri and I spent seven years tromping up and down mountains to buy our first hacienda (Rosaspamba) in Ecuador.

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Here Merri and I are building our first hut at our Ecuador hacienda… Rosaspamba.

We negotiated nearly a year to buy this building… that was a mess.

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fixed it looks like this…

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and is getting better because we are patiently fixing one floor at a time.

If a person spends time in Ecuador  and stays alert, he’ll see many incredible fixer upper bargains.

Just over a year ago, Merri and I bought the four story office building shown above.   We began cleaning it up and converting two floors into condos.

If one is not in a hurry, construction costs are low.

This was the third floor kitchen… another mess.

Here is the third floor now.

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This if fully furnished with…

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one bedroom and …

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office/den (or second bedroom)  and…

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balcony.   The kitchen now…

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looks great.  The hardwood cabinets had not been installed when I took this shot but are in place now.

We did not start fixing this floor until we dealt with the 4th floor… an even worse mess.  Patience, patience!

Before.

After.

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This is a loft studio with…

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great light and an open feel with…

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full dining area and…

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kitchen.

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These floors are among the highest points in the village and views from both units are the best around.  Mornings give…

the sunrise over Mt. Imbabura.

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Evenings offer sunset in the east on Mt. Cotacachi.

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Views are great at night with the village alight.

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and you can see the entire village…

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and both mountains during the day.

Where we had huge walls we said…”How about windows with a view instead?”   The builder  figured out what height was needed to see Mt. Cotacachi and simply knocked the window openings in the walls. Then he built hardwood window surrounds that frame this view.

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The bathroom includes a full tiled bathtub and spa shower like this.

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The king size sleeping nook has this view also and is fully curtained…

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with full hardwood closets.

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These units are available for rental on a three, six or 12 month lease, by the way. Send me a note at gary@garyascott.com

Anyone can have a nice place like this but to get one with great value requires patience.

Patiently fixing up this  property will provide us with some nice extra profit with good value because we were patient… in buying… in fixing.

We  did all this slowly… from cash flow… patiently so we developed value.

I have been using patience to look for real estate in Florida as well.  After months of scouring the state… looking at hundreds of listings we made our first offer… at about half the already reduced asking price.

This is where patience and the never ending quest for value comes into play.

Value is really hard to understand in the real estate and equity market now because the bubble of 2007 created many false illusions.

The values of a house are twofold… the value of a roof overhead and the value of whatever price it can be resold.

These are unpredictable times.   Basing a potential resale on previous inflated bubble prices can be a great error.

Tomorrow we’ll see how,  after months of searching Merri and I are using patience to make our first offer for property in Florida.

Join us at a course our tour in 2009 in Ecuador or North Carolina. Here is our future 2009 courses

June 12-14 Shamanic Mingo Tour

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June 16-17 Imbabura Real Estate Tour

June 18-21 Ecuador Coastal Real Estate Tour

July 3-6 Ecuador Import Export Expedition

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

These are great reminders that at times, patience is a most important quality in investing, business and all of life.

On His Blindness
John Milton

When I consider how my light is spent
Ere half my days, in this dark world and wide,
And that one talent which is death to hide
Lodged with me useless, though my soul more bent
To serve therewith my Maker, and present
My true account, lest He returning chide,—
Doth God exact day-labour, light denied?
I fondly ask:—But Patience, to prevent
That murmur, soon replies: God doth not need
Either man’s work, or His own gifts, who best
Bear His mild yoke, they serve Him best. His state
Is kingly; thousands at His bidding speed
And post o’er land and ocean without rest:—
They also serve who only stand and wait.

Ecuador Beach Condo Update


Vistazul beach condos offer great value.

Here is an update.

These condos offer great value and come with a club membership at Palmazul Boutique Hotel & Spa.

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This is the Palmazul Boutique Hotel and Spa which is also the Vistazul club house right at the condo project.  You can enjoy massages, swimming pool, tennis.

There is a children’s play ground and…

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Here are children of two of the first families with children who have condos at Vistazul.

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You can enjoy fine dining overlooking the beach.

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There are also several Vistazul condo resales offered at $89,000.  The benefit of these resales is that the units are finished. You can move in or begin renting any time… right now.

Here is an update on the Vistazul project.    Units 101 t0 1o5 are  now 60% complete and 103 is available as a resale at $89,000 including club membership.

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Here is the front of units 101 to 105.

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Here is unit 102 that when finished and ready to move in will be available at the same price… $89,000. (or $79,000) for Ecuador Living subscribers.

Here are the unfinished units in Building two…

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and six.

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Here is the site plan.

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Every unit has a sea view from the roof and of course great sunsets.

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Let me walk you around the project with these pictures so you can tie the units and progress to the sketch above.

Here is a shot from the Palmazul hotel which is also the condo development’s clubhouse which sits right on the beach.

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The first building you see on the left is Block #1.  This block is 133 steps to the beach…just a bit over the distance of a football field.  I counted the steps myself!

Block #3, is  done.  There is one resale here at $89,000.

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Phase one of the project has 38 units in total.

Learn how to subscribe to Ecuador Living and save $10,000 and much more.

Kjetil can be reached at kjetil@haugancruises.com

Patience is a great virtue in business and investing.

Gary

Join us at an upcoming Ecuador or North Carolina conference or tour.

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.