This LAS PALMAS update shows an Ecuador development that is ahead of schedule.
A May 2012 posting at this site said: Here is a new Ecuador Beach community… Las Palmas.
Some of Ecuador’s best values are on the beach.
A recent article in Bloomberg Business News shows that Miami property is looking like good value at $400 a square foot compared to $700 a square foot in Bogota, $1,100 in Sao Paulo and $1,400 in Rio.
Yet we are still seeing Ecuador beach property in the $100 a square foot range and even well below that.
Comparison of property prices in Business Week article linked below.
Ecuador’s Pacific is magical.
Views of the Pacific Ocean. The special moments come… throughout the day and…..
At dusk….
Beach at Las Palmas.
Here is an advertisement for Las Palmas at this beach on… Ecuador’s Pacific.
Ecuador’s Pacific Ocean.
Las Palmas is a gated community situated on almost 12 acres of beachfront land located directly on the Ruta del Sol (main coastal highway) in Puerto Cayo.
Google map Manta to Puerto Lopez.
See Puerto Cayo on at E1 sign just above national forest (green).
Here is a paid advertisement from the developers of Las Palmas on Ecuador’s coast.
Final Lots
The first custom-home, beach-side development in Puerto Cayo, Ecuador is a resounding hit among expatriates around the world, and just eight months in, owners Gary and April Scarborough expect every lot to be marked as “sold” within the next 90 days.
“We’re on track for lot sales at 100 percent by Spring,” April said, “and we’ve been thrilled that families around the world are finding Las Palmas. It’s rapidly becoming amazing development, and the lot owners are some of the nicest families we’ve ever come across.”
To date, 30 of the 37 lots are marked “sold.” One beach-front lot and seven off-beach lots remain available.
April said two key developments have prompted rapid sales. An aggressive social media marketing campaign initiated through their website at www.laswpalmasedcuador.com, the community blog at www.laspalmasecuador.wordpress.com and an ever growing list of fans on their Facebook fan page has resulted in tens of thousands of hits from potential expatriates.
The sites, updated daily, offer important information and project updates in real time.
Maybe even more important to the exposure at Las Palmas was the October 4 airing of House Hunters International, featuring Gary, April and children Peyton and Carson, in a 30-minute show that chronicled their move from Atlanta to Cuenca to Puerto Cayo and their ultimate calling to create the magnificent development in the quaint fishing village of 3,000 residents.
Get a behind-the-scenes account of their House Hunters International filming, check out this link.
Just more than 45 minutes south of Manta and 30 minutes north of Puerto Lopez, Puerto Cayo is far enough away from the big city of Manta to give you that quaint small town feel, yet close enough for all of your shopping and personal needs.
With controlled access and full-time gardener, Las Palmas offers the security and beauty of 1st class resort community. With only 37 lots, we offer a very close knit community feel.
Las Palmas Community features a clubhouse, swimming pool, and tennis court. With concrete curbing and sidewalks, you will enjoy walking in the community and getting to know your neighbors. And, with over ¼ mile of private, manicured beach, you will feel as if you are in your own personal paradise! Las Palmas offers underground utilities (water⁄power) which preserves its natural feel. The streets are compacted, with crushed natural red volcanic rock. This aids in natural water filtration and prevents damaging water “run-off.” We can assist you in all of your design, build needs. From the planning stage and construction, all the way to decorating and furnishing, our craftsmen and professional team will make building your dream home an easy process.
Sunset at Las Palmas
The sites and links listed above provide detailed information on Las Palmas.
For direct inquiries contact Gary Scarborough Gary@laspalmasecuador.com. Phone inquiries may be made at 678-712-4121 (U.S.), or at 593-99407-5922 (Ecuador).
We DO NOT investigate properties when they are advertised so be sure to complete your due diligence. Always use an independent Ecuador attorney who represents you (not the seller) when you buy real estate in Ecuador. We also recommend that you rent, become familiar with Ecuador before you buy.
We are seeing a large number of extra inquiries about Ecuador since the US Presidential election results so a wave of additional appreciation on Ecuador real estate could begin.
Gary
See real estate and farming potential on an Ecuador farm tour.
Ecuador Agricultural Real Estate Tour
For current Ecuador Agricultural Real Estate information send me a note at gary@garyascott.com
Ecuador coffee farm entrance.
The original owner spent two years searching for the perfect location to duplicate the exact terrain, altitude and growing conditions of the most successful coffee farms of Boquete, Panama and Columbia.
Terrain and coffee plants.
After walking with an altimeter in hand and talking to reclusive indigenous farmers, this region was discovered with all the perfect conditions to cultivate exceptional Arabica coffee trees.
Owners house with roof terrace.
This is a micro climate, blessed with abundant rainfall, in clean mountain air, bounded by a clear trout filled year around rushing river, protected from extremes of wind and large temperature fluctuations, perfect for growing coffee.
Open drying patio.
It has 11 hectares planted (manageable for a single owner), with approximately 50,000 Arabica, varietal Caturra (self pollinating) coffee trees which are perfectly distributed over a hillside interspersed with a variety of fruit trees for shade.
Oranges grown to protect coffee trees.
No problem selling this crop for top dollar due to its proven high quality. The coffee sales last year grossed $70,000 so after $25,000 expenses, $45,000 was the net income.
Coffee beans.
As well, an experimental 1 hectare of Geisha varietal. Geisha is considered to be one of the finest coffees in the world and garnered the highest auction record in coffee history, fetching $170 per pound in 2010. The first harvest of this varietal is expected in about 2 years.
Coffee plants grown in greenhouse on farm.
This Andean location provides an ideal environment for coffee growing without damaging the unique habitat of many species of birds. Arabica coffee trees are a major source of oxygen production. Each hectare produces 86 pounds of oxygen per day which is 50% of rain forest habitat. Ecuador is a biologically diverse country with an abundance of birds, amphibians, reptiles and butterflies. Inca Mountain Coffee Farm is ecologically in harmony with its environment.
The Arabica coffee trees are 6 years old, providing remarkable yields, allowing for continuous flowering and two annual harvests (major harvest Feb-Jun and minor harvest Oct-Nov).
Covered drying patio.
In the yearly Golden Cup competition, coffee from this farm was a finalist in 2011.
Seasonal worker harvesting coffee.
Owner’s house – 900 sq/ft, 2 bed, 1 bath, with lots of marble, built in cabinets in both bedrooms and upper roof porch
Caretaker’s house – divided into multiple rooms with bathroom
Land line phone installed and operational
110 and 220 volt electric lines
Equipment: 2 coffee bean pulpers with 2 water tanks, 2 weed whackers, misc. tools, scale for weighing coffee bags
1 large uncovered drying patio and 1 covered drying patio
2 full time highly experienced workers – monthly payroll is $650 (plus more during harvest for seasonal workers)
Case Study #3: This third case study shows an American who has created a large Ecuador agri operation. This 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.
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.
For efficiency and logistics this tour is strictly limited to 15 people… 4 persons per four wheel drive vehicle.
Recently I took over the care of our decades of family photo albums from my mom. While trying to organize said photos I spotted this old shot of me working on the first house I bought at age 19. I thought that was a pretty young age to be investing in real estate until I read an NPR,org article entitled “This 14-Year-Old Girl Just Bought A House In Florida” by Chana Joffe-Walt.
The article says: Meet Willow Tufano, age 14: Lady Gaga fan, animal lover, landlord. In 2005, when Willow was 7, the housing market was booming. Home prices in some Florida neighborhoods nearly doubled from one month to the next. Her family moved into a big house; her mom became a real estate agent. But as Willow moved from childhood to adolescence, the market turned, and the neighborhood emptied out. “Everyone is getting foreclosed on here,” she says. After the collapse, Willow’s mom started working with investors who wanted to bid on cheap, foreclosed homes. Sometimes Willow tagged along.
One day, she went to a house that an investor wanted to flip. “It was filled with all kinds of stuff!” Willow says. “I was like, ‘I can sell this stuff if he’d want to let me have it.’ “
That was fine with the investor. So Willow sold the furniture and appliances from the house on Craigslist. She did the same thing with a bunch more houses. After a while, she was clearing about $500 a month, and saving a lot of it.
One day, Willow’s mom, Shannon, saw a two-bedroom, concrete-block home on auction for $12,000 — down from $100,000 at the peak of the bubble. Shannon was telling her husband about the house, when Willow piped up.
“I was like, ‘What if I bought a house? That would be crazy,’ ” Willow says.
Willow wound up splitting the house with her mom. Willow plans to buy her mom out in the next few years, and put her name on the title when she turns 18.
If my ten year old grandson was half a decade older I would urge him “Marry this Girl”!
What a great start and what an inspriation for us all to see the upcoming generations blending new technology with that good old entrepreneurial spirit!
That article was on my mind when a reader sent this note.Hi Gary, I have enjoyed your newsletters for a long time. Also as you may know, bought some of your courses and watching for more in Ecuador, thinking I might just splurge and go, particularly if it has to do with Internet based or international business. Or even publishing since I am an editor and writer by trade.
In fact, I am currently on a factfinding trip through central Uruguay (farming territory). What a wonderful country–relative to the quality of the people of Uruguay. I will be posting our findings in coming weeks.
There is something I wonder about. My friend who is with me believes that we are going to be reduced to communities and whatever we produce ourselves. She has established a self’sufficient 50-acre farm in the south of Uruguay. Others have done the same, and are now looking for other farmland to the north of the country.
Do you really have unshakable faith in the internet businesses that we are seeking to build–and which you have already built? This is a private question. I have long wondered about this myself and I suspect that you have considered it also. I know that you established yourselves back when America was the land of the free and the home of the brave. Now I see signs in the U.S. of doors closing insofar as people leaving is concerned, just as they did for Germany years ago.
If you either don´t want to answer, or even don´t really know, just feel free to ignore this. But since you are doing what has long been my interest, I just wonder how you REALLY see it.
I replied immediately. Here is my reply: I see both views… opportunities in technology and opportunities in agriculture. No one can see the future so I try to work within the Isle of Man’s… (a place where we took many of our delegates on real estate tours for many years) motto “Wherever you throw me, I land on my feet”.
More importantly I believe that the biggest opportunity is in blending the two opportunities and technology allows us to do this.
However this process of blending sometimes requires some thinking outside the box. Like the young lady above who at such a young age began using technology to turn trash into profit. Doing something like this that no one else is doing often requires courage.
This is why I always keep General George Patton’s quote… “There is no security… only opportunity” in mind.
Change brings opportunity yet human history is filled with majorities viewing change as if the sky is falling despite the fact that 90% of the time change has brought good for those who adapt.
I have had a publishing business for 40 years and have published on the internet for 16 years. Publishing has always been good to me. I expect this to continue.
So too real estate.
In fact as you saw in the photo above I started in real estate before publishing and I am always buying some beat up old place (but with good bones) and fixing them up.
Restoring the order from the chaos works for us regardless if we are using words or wood. Each… the article or the building brings a beauty into our lives and those of others when it stands fixed and fresh ready to serve. Plus the profits have also been good.
However the types of run down places we buy and fix have changed to blend technology and agriculture with our publishing/seminar business with real estate and agriculture.
We have two isolated farms… one in Ecuador and one in the Blue Ridge where we could live off the land. Yet I do not think this will happen. At least I hope not.
Due to changes in utilities I have been able to use this land in our business for our seminars and camps… yet we have the agriculture as a backup should society disintegrate.
I do believe in the internet and in business and the benefits that the internet brings to small family businesses which is why we continue to offer our seminars, camps and online courses to share what we have learned in these last four decades.
Technology makes this possible. For example here in this remote corner of North Carolina the phone company has just installed fiber optics and I can have 50 Mbps!
This fast internet speed makes any type of publishing business possible and allows us to blend real estate, agriculture and our seminar business.
When you feel a need for security, look for opportunity with blending. Look for ways to combine the old with the new to create unique new services that were previously impossible with old technology.
Gary
See our upcoming North Carolina camps
New Spanish & Writer’s Camps Added
We have added a 3 Day Super Thinking + Spanish Camp to be conducted September 21, 22 and 23 at our North Carolina farm on Little Horse Creek.
Plus a Florida Writer’s Camp December 1-2-3, 2012.
See below how to attend these camps and up to five other courses and seminars free.
In these busy times our North Carolina farm and our Florida grove are peaceful, quiet places to learn.
Here is Little Horse Creek.
The creek starts on our land… fed by dozens of pure water springs. It feeds the pond below our main house where guests meet and flows past our deep woods seminar hall where we learn together.
Creek below the seminar hall.
The leaf change will have begun…(Saturday, Sept. 22 is the first day of Fall)…enjoy the beauty of golden leaves.
Enjoy sunrise views.
and crisp mountain morns… maybe even a little frost.
Yet afternoons are sunny so we can visit the views from the woods and even…
take a little relaxation in the sun… since we use relaxation techniques in the teaching of Spanish.
We’ll have picked plenty of mountain blackberries by then so I expect Merri will have a pie or two (maybe four) cooked up for us when we…
come up to our house for afternoon tea.
The Super Thinking + Spanish course is the same as always but seriously limited to the number of delegates due to the nature of our seminar hall.
Here is the inside of our seminar hall.
A recent group at the camp.
We hope you join us for this Blue Ridge experience where you’ll enjoy nature and learn Super Thinking + Spanish.
September 21-22-23 Merrily Farms Spanish Camp Enroll for one $799 or Two $999
Or attend the Spanish Camp and more seminars FREE
Belong to the International Club. Save over $8,258.
We just added the first ever Super Thinking + Spanish Camp we’ll conduct at Merrily Farms this September 21-22-23.
International Club members can join us at the Spanish camp free plus gain many additional benefits in 2012 and 2013.
The seminars are held at our farms in North Carolina and Florida.
International Club members meeting in our home after a North Carolina seminar.
Benefit #1: You (and a guest of your choice) can attend all seven of the seminars we have already set plus any others we add over the year ahead.
Benefit #2: As a club member you receive seven emailed reports, courses and workshops worth $1,265 FREE.
The first online course is “Tangled Web – How to Have an Internet Business”, normally sold at $299.
The second is our online course “Self Fulfilled – How to be a Self Publisher”, which has a $299 value. I am sending you this extra course free as I think it will help you have greater success. You get an extra $299 savings.
The third is our online course “International Business Made EZ” sold at $229.
You also receive the fourth the 50 minute video by our webmaster David Cross on “How to Get Your Web Business Started”.
Your fifth course is the 50+ lesson course “How to Create your Own Website Using Sitesell” by Michelle Toole. (We are proud that this course was written by a student of our courses showing how well the 43 years of knowledge that Merri and I have accumulated and put into these programs can help you start your own global micro business.)
Sixth, you become a beta member in our newest online course “Event – Full Business – How to have a Seminar and Tour Business” currently offered at $349.
Seventh, you receive our Multi Currency Portfolio service that is normally $79.
We look forward to sharing these courses and as many seminars as you can attend in 2012 and 2013. (Dates subject to change).
When you enroll, we’ll send you a password that makes these courses easy to access at the Club website and reserve as many seminars as you desire.
You can attend the following seminars at no further cost.
September 21-22-23 Super Thinking + Spanish Camp at Merrily Farms
October 5-6-7 Super Thinking + International Investing & Business Seminar, NC
November 2-3-4 Super Thinking + Spanish Mt. Dora, Fl.
December 1, 2, 3 Writer’s Camp, Mt. Dora, Fl.
January 11-12-13, 2013 Super Thinking + Spanish Mt. Dora, Fl.
February 22-23-24, 2013 Super Thinking + International Investing & Business Seminar, Mt. Dora, Fl.
March 15-16-17, 2013 Super Thinking + Spanish Mt. Dora, Fl.
International Club members meeting at our Florida farm after a seminar in Mt. Dora.
Join Merri and me as we look at ways to prosper during the year ahead. There are five ways to gain from the forces of change that can raise havoc with many.
#1: Having your own micro business for extra earnings, freedom, fulfillment and fun.
#2: Living and prospering in lower cost countries.
#3: Multi Currency investing through US brokers and bankers abroad.
#4: Commodities that rise with inflation.
#5: Good value real estate.
We have specialized for over four decades in helping our readers excel in these five inflation beating opportunities.
The big benefits of belonging to the International Club are the power of repetition, updates and international friendships. As a club member, you become friends with other members as you meet again and again.
Your first saving is on waived seminar fees for the seminars over the next year.
As you will see above and below you can attend Florida & North Carolina seminars that would otherwise cost $6,993. The $1,799 membership fees saves you all this right off the bat.
Yet there is more.
International Club members meeting round a bonfire at New River Organic Winery after a North Carolina seminar.
The International Club brings together experienced, like minded souls, who take a positive view and think outside the box..in constructive thoughtful ways.
Merri and I are in our 44th year of organizing courses, seminars and newsletters about international and quantum lifestyles. The importance of this sharing…by like minded souls…was reinforced when a delegate from a course sent an email that said:
My Dearest Merri and Gary, Thank you for your most gracious hospitality last weekend. I am just thrilled at being a part of your group. You and Gary were exactly as I imagined you to be, warm friendly, kind, considerate, genuine, helpful, fun, sincere, what else can I say……I felt so comfortable in your presence and learned so much in your course. I was sad to leave the farm that Sunday afternoon. You made us all feel so welcome and cared about. You were so kind to make arrangements for a ride with the other delegates from the Charlotte Airport. They were so nice to me and so helpful, by the time the weekend was over I felt like they were my long lost brothers. Monday morning we all had breakfast at the airport together and I was so sad to see them go, I was sad the weekend was over, perhaps sad is not the right word for how I was feeling perhaps Gratitude is a better way to describe it. Grateful for having the opportunity to share the weekend with such wonderful, like minded Human Beings, in the beautiful mountains of North Carolina. Thank you Merri and Gary.
Thanks to you I now have new hope and a new direction to move forward in my life.
I know by attending your classes and conferences that through education and due diligence I will make the right choices.
This delegate’s comments about “belonging and feeling like a brother” to the other delegates is a wonderful refrain we have heard from our readers, year after year.
22 years ago Merri and I created a way that readers can join us to be immersed in a year-long learning program through our International Club.
The ideas behind this program began all those years ago in Vienna, Austria while we were conducting a course there. One of our older delegates, had some sort of attack. The first fear was heart trouble. Several delegates took him to the hospital. Others stayed with him there. I don’t think that delegate was alone for a minute!
What impressed Merri and me was that no one asked the delegates to help this man.
The friendships of delegates sharing many courses had just grown so strong that it was a natural reaction, just as if a family member was ill. Fortunately, it was only travel fatigue and the delegate didn’t miss a session of the course!
When you join our International Club 2012 – 2013 you become part of a special family. The very first member to join the club all those years ago wrote, Thank you for the enjoyable and informative courses. I am pleased to be part of your international family and look forward to continuing my education at the next course.
His feeling struck a familiar chord. It has always been one of my greatest satisfactions to see how much fun delegates have getting together, sharing information and making friendships.
These courses somehow draw together like-minded souls. For this reason some delegates come back again and again. They come to learn, but also to be with their many friends made at the courses. When like-minded souls get together again and again to discuss a common purpose, magic happens! I can’t explain it in any other way-but it is true.
In a way our meetings are almost like family reunions. Perhaps it is getting together and reflecting on what has been said and what has been happening.
Learning with those who are also interested in the world creates thoughts that multiply the value of what we gain. This is hard to describe but results are most powerful and wonderful! This is to me is as important as the great financial benefit of attending many of our courses.
See our 2012 -2013 schedule below.
We started and have continued this program for 21 years because there are wonderful benefits from having repeat delegates at courses. Having repeat delegates makes the whole course somehow more exciting for all. Being a repeat delegate makes it easier to make and keep wealth and to lock in the knowledge you gain. It’s an exciting lifestyle. We have fun, gain adventure, discovery and friendships and share ways to improve our health and wealth!
You can see from the schedule above a very busy schedule for 2012 into 2013. Very few club members actually attend every course and tour…but certainly some attend almost all of them! If you attend even two of the courses, you gain considerable savings.
Another savings: Lifestyle for Two.
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.)
The International Club fee is $1,799 less than the price of two seminars. Take for example if you plan to attend our Super Thinking + Spanish, $999 for a couple and a couple for International Investing and Business program, the normal cost would be $999 or $1,998. International Club members attending just these two programs would already save… plus could attend all the other Florida and North Carolina seminars plus receive $1,265 worth of emailed courses.
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 and tours.
Let’s prosper in these times of change. Won’t you join us in this exciting club and share Merri’s and my lifestyle for the next year? Join us at our farms and visit Ecuador. We look forward to seeing you at as many courses as possible and sharing this wonderful world of abundance and well being with you!
Gary
You gain $8,258 of seminars and courses or more. Club membership is $1,799. You save $6,459. Become a Member here.
Attend as many of the courses below as you desire.
Ecuador real estate for sale is below and all listings on this page were posted in August – September and October 2011.
We have also provided links on this page to older listings. We link to these older listings so readers can get a better feel of Ecuador real estate prices.
You can tell the date of the listing by the URL address. For example the Puerto Lopez beach condo in this MLS was listed August 16, 2011 and is posted at www.ecuadorliving.com/2011/08/16/puerto-lopez-houses-for-sale.html
We post two types of ads. Free and paid. Seller contact information is shown for all paid advertisements.
Seller contact data for this Ecuador real estate is available at the password protected Ecuador Living Club site.
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. We also recommend that you rent before you buy and become familiar with Ecuador.
We have a list of Ecuador attorneys who have helped club members at our password protected Ecuador Living club website.
90 hectares. Close to San Vicente. Price: $160,000
40 hectares with river that never dries ; Price: $58,000
23 hectares, mostly high hills, nice Price: $40,000
140 hectares river runs right next to it all year long, great for many types of tree, bamboo platations, short cycle crops and cattle ; Price: $195,000
44 hectares in Briceño, it has 2.78 hectares of plantains that are currently producing. Price: $140,000
24 hectares. It has cacao, papaya, passion fruit, plantains, etc Price: $48,000
470 hectares, specially good for passion fruit, plantains, cashew, balsa wood, etc. Price: $1,500,000
Cocoa
50 hectares, specially good for papaya, passion fruit, balsa wood Price: $200,000
60 hectares, one of the best areas in Manabí ; Price: $300,000
Ecuador Amazon Real Estate:
This Ecuador Amazon lodge for sale offers a unique profit and environmental opportunity.
Reserve and Eco-Lodge for sale in the Central Rainforest of Ecuador-South America.
This is a nice opportunity to buy and own a nice eco-lodge situated on an upper Amazon basin (950 meters over the sea), and scattered in our reserve (sanctuary of birds and butterflies), with an unbeatable view over the “Sangay” National Park, Sangay, Altares, Chimborazo Tungurahua Volcanoes, and “Pastaza and Puyo” Rivers.
The eco-lodge has 25 rooms for simple, double and triples occupancy plus 64.75 hectares (160 acres) of virgin rainforest in the central part of the Amazon region of Ecuador, South America. Location: just 5 1/2 hours and half from Quito, 1 hour 30 minutes from and Baños town, 8 hours from Cuenca city , 9 hours from Guayaquil.
It has been built with construction materials that respect the eco-system of the rainforest to give our guests comfortable accommodation. Many events has been held on our eco-lodge and reserve due its exotic location, just to name a few: the visit of Candidates to Miss Ecuador to beauty pageant that selects Ecuador’s representatives to Miss Universe, Raw television from UK a multi award winning production company specializing in great stories filmed a movie “Locked Up Abroad” in our reserve, and some other Ecuadorian TV programs, the wife of our President visited twice our eco-lodge, see link for full information and our web page: www.altosdelpastazalodge.com
Those with a genuine interest in thisEcuador Amazon lodge and unique profit and environmental opportunity should contact the owner Fabian Bonilla for terms and price at drfabianbonilla@yahoo.com
There is special opportunity in Ambato Ecuador condos. New Ecuador real estate opportunities in Ambato.
Here is an Ambato, Ecuador condo for sale.
When Merri and I first moved to Ecuador we lived for over a year with an indigenous community near Ambato. We loved the beauty of this land and its location in the middle of Ecuador….and enjoyed the ride along the Avenue of the Volcanos to and from our home in a small village.
Yana Pamba homes are under construction. One is complete. See more here.
Between Cotacachi and Otavalo – designer house for sale.
.3 acre (1206 sq mtr or 12,000 sq ft ) with mountain views.
View of Imbabura Mountain from front of house and one lot next door to Otavalo – Cotacachi house for sale. Ornamentals and fruit tree plantings and the organic vegetable garden add to this great feeling of a wonderful space.
View of vegetable garden and front of house
The 1750 square feet (163 square meters) house was recently completed by a professional designer who used best materials and practices throughout.
View from side of house with patio and palapa
The world class kitchen has full-access cabinetry, granite countertops, large propane refrigerator, and commercial style range and ventilation.
Custom kitchen with European cabinetry, Fisher Pickle stove, Propane refrigerator, granite counters, wine rack.
The MGP GROUP of companies is a UK based company with offices in Florida, USA and Cotacachi, Ecuador offer homes and top quality assisted living services for clients with heated swimming pool, gymnasium, scheduled & supervised wellness training, sauna and steam rooms plus a restaurant, community center and small chapel.
The company broke ground in March 2011 for an assisted/retiree living complex of 70 condominium homes with a gym, swimming pool, doctor’s office and nursing station, organic restaurant, micro market, meeting room and a small chapel.
All condominiums will have a full-size kitchen, complete with fridge and cookers, in the rear of the property, with the living rooms all facing inwards towards the landscaped gardens with amazing views of the mountain range in the distance. From the living room there will be a door leading to the balconies with provision for floral displays on top of the safety walls.
The homes are all designed so that entry to each will be through the rear or the “working areas” (kitchen, etc.) leaving the living room areas and the main bedrooms all overlooking the wonderful gardens. All condominiums will be equipped with an emergency alarm system linked to a 24 hour monitored system. Pre-installed points for TV, Internet and phone jacks will be fitted in all condominiums as well as tiled floors and all walls will be painted a neutral color suitable for any type of furniture.
This group offers Ecuador Living subscribers a 2% discount off the quoted purchase price of their properties.
This is a smart looking unit purchased by a real estate tour delegate who is recovering from a major medical treatment. I thought this was one of the nicest condos I have seen inside.
Kitchen.
This is next to a good neighborhood surrounded by large Ecuador beach houses.
From this point of the beach you can walk on the beach for hours.
This is a 2 bedroom, 2 bathroom unit with, a jacuzzi…
and a roof terrace.
The living area is 98.50 square meters (1,060 square feet) and with the balcony totals 155.25 square meters. (1671 square feet). It is the top unit in a 3 unit building.
The use of adjacent gated amenities of a tennis court and a swimming pool are available for a monthly fee of $30. (This fee is optional.)
There are not and cannot be any structures between this Ecuador beach condo and the ocean.
This Cuenca penthouse for sale is only one block from the Yanuncay River and minutes from downtown. It offers 3 bedrooms and 2 baths in 1205 sq ft. Hardwood floors throughout.
A modern open kitchen with granite counter tops and ceramic tile. A laundry room with a view.
Speaking of views… here is the scenery from this Cuenca penthouse.
The price is $75,000 which includes two parking spaces.
New Listing Cuenca Condo
This is a project which is under construction and is only a few months from completion. The developer has funded the entire project out of pocket and wants to sell two units before completion.
Every side of this building has a fantastic view and it’s located in a peaceful and quiet area close to the river as well as close to downtown.
Price: $124,950.
Ecuador Living Club members can get details at their password protected club site.
Perfect for apartments, condos or a hostal right in the heart of downtown Cuenca. The space is “open at this time for easy redevelopment”. This building currently has 15 possible bedrooms.
Here is an ocean view condo in Manta’s Golden Mile….this condo is on Jean Marie Butterlin’s upcoming tour.
Apartment with beautiful ocean-view for sale. 2 bedrooms / 3 bath, laundry and storage on 6th floor.
Appx. 1,000 square feet (98,02 m2), parking, 24 hour security and a large swimming pool.
Close to shopping, bars, restaurants and Hotel Oro Verde.
Condominium fee $110 a month.
Price: $ 98,000
The Port of San Mateo, Manta has an interesting Ecuador investment property.
New port facility at San Mateo
Manta is the major port on Ecuador’s central coast. One of the Ecuador’s governmental goals is to upgrade Manta’s airport to international standards which will increase real estate values in the area when this happens.
San Mateo.
This land is directly in front of the new port in San Mateo, 10 minutes from Manta and is perfect for a commercial site as maritime hardware store, fish monger, spare parts, boat engines, B & B etc.
There is an existing concrete construction to expand upon. The lot size 10 meters (30 feet) front with 20 meters (60 feet) depth or 200 m2 (2,000 square feet) with zooming to construct three floors.
Price $ 25,750
Manta Ecuador condo for sale.
This is a spacious apartment in the best area of Manta for sale. 120 feet from beach, 4-bedroom 4-bath apartment with large view terrace, 2 parking spaces and storage.
Beach view houses in a project named TRANQUILO, a four unit housing enclave has started in Puerto Lopez Ecuador.
Looking down onto Puerto Lopez
Architect-Builder, John Fisher, selected Puerto Lopez for his first project in Ecuador after traversing the coast top to bottom three times, turning stones in every village en route. He has partnered with reknowned Ecuadorean architect Xavier Vargas, to create a small project with a distinctly modern South American look combined with North American planning. Only two units left.
The beachfront building “Beach House” consists of an upper and lower unit, each with private entrance and approximately 1400 s.f of interior living space. See details here.
This penthouse, is at San Juan (Centro Historico), Galpagos and Garcia Moreno, just above the Basilica.
The building has 4 floors and was built in 1986. This Quito apartment penthouse has…
views all around day and night.
The size is 140 square meters (1507 square feet).
The interior decor is Swiss.
On the first level you have: a big living room, a chimney, a kitchen and a place to put your washing and dryer machines. Also 1 master bedroom with a bathroom, dresser and two closets, plus a balcony and interior plants.
On the second level there is space for a small library or study.
This Colonial Quito penthouse also has:
* Phone line * Cable TV * Storage room
The building has full security and two parking spaces for the penthouse. The neighborhood is quiet, not much traffic and is secure.
colonial charm.
The monthly maintenance fee is just $18.00.
The asking price for sale is USD $170.000. The asking price for renting is USD $800.00.
Upcoming project near the new Quito Airport offering potential for businesses developing real estate.
One of our good Ecuador contacts sent us this note. Gary, a friend of mine is building a neat complex by the new airport, he already has a few buildings and a restaurant with two Chalets plus a Pesebrera (for horses). He is working on making this a Hosteria with more buildings and a Swiss style to it. The place is really big and he will be selling houses there. The place is really beautiful and he plans on building many things there.
Views… space and… many buildings are…
already up plus a hosteria with many facilities inside and out.
Here is the view from the living room of this San Clemente Ecuador beach house.
Beautiful modernly designed zen style house on one of the best beaches in Ecuador in San Clemente. The house is situated right in front of the ocean. The propriety is 1300 sq feet on a 3000 sq feet lot.
The house was designed to get the maximum light possible. In fact, the front of the house is all from floor to the ceiling windows and have also four skylights. The house was rebuilt from ground up with open spaces and with a big patio. The house is situated in the quietest part of the city, no discotheque, no noise, just the beach.
Propriety description
– Three bedrooms – Four complete bathrooms – Brand new kitchen with custom built thermoplastic cabinets by Madeval (www.madeval.com/)
– Big living room – Dining room – Brand new air conditioning in each rooms and in the living room – Two cisterns for water – Cable for internet and satellite TV
Price $99,000.
For more details please contact Joseph Kollar at jo.kollar@me.com
or Call Joseph Kollar in Ecuador at: 08-919-2993 or Stella Kollar at 08-197-0707.
New Rental Offers Cotacacahi – Puenta Blanca – Salinas
Cotacachi, Ecuador House For Rent.
Enjoy cozy fires at night.
Rent this charming, Cotacachi home. Just steps from the bus stop to Otavalo and Ibarra. 15 minute walk to the main square.
Fully furnished right down to the vases and teaspoons..
Three bedrooms.
Lovely garden. Super location.
Enjoy avocados and lemons from your own trees, fresh flowers for your table, comfortable beds and your large private garden. Perfect for longer term stays. The house has awesome views beautiful lawn and… garden area.
Included in the rent are all your utilities, internet and a gardener once a week.
Punta Blanca is located on the Ruta del Sol, north of Salinas, in Santa Elena, Ecuador.
This luxury rental offers many accommodations overlooking a spectacular ocean front location.
Available at one day, week or monthly rates with airport pickup and a shuttle service from Guayaquil.
There is both beach front and indoor air conditioned dining.
Guest Passes to the yacht clubs and water park are available along with pool side food, bar service, room service and breakfast in bed.
This resort stretches along 3 miles of the white sandy, tropical Punta Blanca Beach.
All rooms feature: Air conditioning; Cable TV; Safe rental; Balcony or terrace; Coffee Maker; Iron and ironing board; Radio-Alarm clock; Private bathroom; Hair dryer; Mini-fridge; Queen size beds, sitting area with sofa bed, additional to above amenities.
The road paving we have been tracking is now done.
In two directions…
in less than two weeks.
We keep our eyes open every day and the search pays off.
Today, near Primavera II condos…
Around the corner from Cotacachi’s Mayor’s house (which is for sale) …
we spotted two old houses for sale. This one is $25,000.
and this, $36,000.
These fixer uppers have huge lots, in the center of the village. They may be real sleepers. We’ll see as we’ll inspect them on our Imbaburra real estate tour that begins tomorrow.
You can gain Cotacachi real estate information and Ecuador real estate contacts as an Ecuador Living subscriber. See details here.
Speaking of sleepers, this excerpt from today’s password protected multi currency course shows why European shares may be sleepers as well.
Here is the excerpt:
This multi currency update has three portions. First we see anther inflation indicator. Second we update our search for value. Third we end with some answers to questions from lesson one of our new updated primer course.
Recent inflationary events include the support by US authorities of Bank of America with a guarantee of liquidity and capital. B of A faces losses of up to $118 billion dollars.
The government gets shares in the bank worth $20 billion. In other words the government stumps up about $88 billion (that it does not have). This is inflation.
Citibank in trouble as well.
Jyske Global Asset Management wrote in its last market update three days ago:
Fears of further credit losses and rumours of another large US bank being nationalized dragged the international stock market down this week. The New Year rally last week is already forgotten, and investors are anticipating new lows in 2009.
Citigroup Inc. posted an $8.29 billion loss, only a few days after the announcement of their plans to sell the control of Smith Barney to rival Morgan Stanley.
Sales at U.S. retailers dropped in December for the sixth consecutive month (first time since 1992) and the most in three years.
S&P cut Greece’s long-term credit rating to A- with a stable outlook, due to its public and private debt and the budget deficit. The downgrade makes Greece the lowest rated country in the Euro zone.
Market participators are now speculating whether a Euro exit may become an option for some members of the Euro-bloc, analysts view Greece as the weakest economy within the Euro zone.
The European Central Bank (ECB) Thursday cut the Euro zone interest rate to the lowest level in more than 3 years.
As expected the main policy rate was cut by a half percentage point to 2%. The Danish Central bank followed the ECB with an even bigger cut of 75 basis pts to 3%.
#1: Falling interest rates are indicators for increased activity in share markets.
#2: Combine this with the fact that stock funds saw huge redemptions in 2008.
#3: Add in the next fact that international equity funds were among the most redeemed losing about a fourth of their total assets in 2008.
U.S. stock funds only had redemptions of about 10% of their assets. Bond funds on the other hand experienced positive flows in 2008.
This increases my enthusiasm for international shares…especially in Europe.
Low interest rates plus markets that are oversold plus inflation all bode well for shares.
There are four ways to fight inflation; real estate, your own business, commodities and equities. So depressed international equities in an atmosphere of low interest rates spells opportunity.
These three factors are the elements that create value because value investors are generally bucking the trend.
This is why last year my biggest equity position was in the Jyske Invest European Equity fund. I picked a fund that was invested mostly in markets that Michael Keppler of Keppler Asset Mangement viewed as having the best value.
Keppler has changed some of his rankings this month so let’s review the change and see if my position still makes sense.
Let’s look at the geographical breakdown of the Jyske Invest European Equities fund I hold now.
This fund has departed quite a lot from the synchronicity it enjoyed with Keppler’s top values when I invested two years ago. The fund’s portfolio is spread here now:
UK 24% Germany 16% Switzerland 13% France 12% Spain 7% Netherlands 4.5% Sweden 4% Spain 4% Finland 3% Italy 2% Greece 2% Denmark 1.5% Norway 1.5% Luxembourg .5% Ireland 0.5% Austria 0.5%
The fund’s managers report says:
There are prospects of uncertainty in 2009. The world economy is struggling and the optimism has turned into pessimism. Central banks and governments have been busy introducing rescue packages and interest-rate cuts. The help has been offered, but is it sufficient and when will it begin to show an effect? We expect that 2009 will bring wide swings in the equity market. A lasting upturn is not likely to be just around the corner. We are still looking at a longer period characterised by uncertainty before the optimists outnumber the pessimists. For the fund we prefer cheap shares with prospects of earnings growth. That type of shares has historically yielded the best returns.
Though this fund no longer has the same value synchronicity with Keppler that it previously had, I’ll continue to hold this as I plan to increase my equity position. I can balance this fund’s holdings to better match Keppler’s rankings by adding Hong Kong, Singapore, Italian and other funds or ETFs.
You can learn more about Keppler’s market updates and the ETFs we use in our multi currency portfolio as a multi currency susbcriber.
Until next update, good global investing
Gary
Join Merri, me and Peter Laub of Jyske Global Asset Management at OUR INTERNATIONAL INVESTING & BUSINESS COURSE IN ECUADOR. We review economic conditions, Ecuador real estate, my entire portfolio plus investing and business ideas for the months ahead.
Gary
Your own business is a good way to secure purchasing power. This is why Merri, our webmaster and I decided to create a new course on how to build a web business with a webmaster. There is a special offer on this new course that expired to the general public last Tuesday…but is still available to you. See the offer here.
Get this course FREE if you join us in Ecuador this February.
The Ecuador Property MLS Update from September 2011 is now available online.
The Ecuador beach listing of the month at the Ecuador MLS is this house on the beach in Crucita for sale.
The house has 5 bedrooms, 4 bathrooms and is located directly on the beach.
The views are…
excellent and the large porch provides a…
maritime feel.
The house is appx. 2,500 square feet (240 m2) on two floors on a 4,000 square foot (400 m2) lot.
The house has its own water tank, laundry area end storage.
Enjoy the peace on the beach while watching the para gliders soar high above like eagles.
This Crucita house for sale is two minutes walk to restaurants and stores.
Asking price $ $63,000
How to Use the Ecuador Property MLS:
The Ecuador Living MLS is divided into #1: Ecuador real estate for sale and #2: Ecuador rentals.
All the listings posted in the Ecuador MLS Update were posted in August & September 2011.
We have also provided links on this page to older listings. We link to these older listings so readers can get a better feel of Ecuador real estate prices.
You can tell the date of the listing by the URL address. For example the Puerto Lopez beach condo in this MLS was listed August 16, 2011 and is posted at www.ecuadorliving.com/2011/08/16/puerto-lopez-houses-for-sale.html
We post two types of ads. Free and paid. Seller contact information is shown for all paid advertisements.
Seller contact information on free ads is available at the password protected Ecuador Living Club site.
Ecuador real estate for sale is below and all listings on this page were posted July and August 2011.
We have also provided links on this page to older listings. Since there is no other organized national Ecuador real estate Multiple Listing Service these older listings can readers can get a feel for how Ecuador real estate prices are evolving, but of course do not represent today’s prices or the current position of the property.
You can tell the date of the listing by the URL address. For example the Puerto Lopez beach condo in this MLS was listed August 16, 2011 and is posted at www.ecuadorliving.com/2011/08/16/puerto-lopez-houses-for-sale.html
We post two types of ads. Free and paid. Seller contact information is shown for all paid advertisements.
Seller contact information on free ads is available at the password protected Ecuador Living Club site.
Pre-sales of the 453+ acre Hacienda Palo Alto in Cabuyal just north of Bahia are about to begin with first come, first served reservations. Contact Carl A. Wescott at carl@haciendapaloalto.com This is a beautiful piece of property on the beach.
Between Cotacachi and Otavalo – designer house for sale.
.3 acre (1206 sq mtr or 12,000 sq ft ) with mountain views.
View of Imbaburra Mountain from front of house and one lot next door to Otavalo – Cotacachi house for sale. Ornamentals and fruit tree plantings and the organic vegetable garden add to this great feeling of a wonderful space.
View of vegetable garden and front of house
The 1750 square feet (163 square meters) house was recently completed by a professional designer who used best materials and practices throughout.
View from side of house with patio and palapa
The world class kitchen has full-access cabinetry, granite countertops, large propane refrigerator, and commercial style range and ventilation.
Custom kitchen with European cabinetry, Fisher Pickle stove, Propane refrigerator, granite counters, wine rack.
View of dining area.
The great room and both bedrooms and closet have Marfil wood parquet floors.
Living Room
A Rinnai on-demand water heater provides hot water to German made Grohe faucets. Bath floors and walls are covered with green slate and light limestone.
Slate tile bathroom with tub and shower and custom cabinetry. The walk-in closet has a stacked horizontal axis washer and dryer.
Atrium center of house with fountain and wall mosaic. A central atrium that is covered with transparent roofing provides passive solar heating to the whole house. This atrium is a great indoor plant area and has a beautiful mosaic tile design on its four walls and a corner river rock fountain.
Master Bedroom. The Master bedroom has an attractive and functional corner fireplace.
House also has 20 foot diameter detached yurt structure, The 21 foot diameter yurt with seagrass carpet can provide additional guest sleeping space or ceremonial or conference space.
This unique property needs to be seen and experienced to be truly appreciated.
This new condo is close to completion and is only minutes from downtown Cuenca in the very desirable Puertas del Sol area which is quite close to the Tomebamba River.
There are 3 bedrooms and 2 baths in 1215 sq ft and 1 parking area.
Perfect for apartments, condos or a hostal right in the heart of downtown Cuenca. The space is “open at this time for easy redevelopment”. This building currently has 15 possible bedrooms.
This is under construction and is almost finished.
It is located in Puertas del Sol only a couple of blocks from the Tomebamba River. Puertas del Sol is preferred by locals and expats because it is within walking distance of downtown, is very quiet, safe, close to grocery stores, a farmer’s market, banks and a mall.
This modern looking home is located just 10 minutes from Cuenca in the exclusive Challuabamba Valley. It features wooden floors and a great, large floor plan of 4300 sq ft.
It has 4 bedrooms and 4 baths and a pool The main living area is divided into 2 living rooms and a bar.
This is a spacious apartment in the best area of Manta for sale. 120 feet from beach, 4-bedroom 4-bath apartment with large view terrace, 2 parking spaces and storage.
Beach view houses in a project named TRANQUILO, a four unit housing enclave has started in Puerto Lopez Ecuador.
Looking down onto Puerto Lopez
Architect-Builder, John Fisher, selected Puerto Lopez for his first project in Ecuador after traversing the coast top to bottom three times, turning stones in every village en route. He has partnered with reknowned Ecuadorean architect Xavier Vargas, to create a small project with a distinctly modern South American look combined with North American planning. Only two units left.
The beachfront building “Beach House” consists of an upper and lower unit, each with private entrance and approximately 1400 s.f of interior living space. See details here.
* Salinas, Ecuador, beach access rental for $450 a month.
2 bedroom, 1 bath ocean view furnished unit at $450 per month or $250 per week low season (now through November). See details here.
A new Salinas Ecuador Coastal condo is finished and ready for sale.
Cotacachi, Ecuador House For Rent. Enjoy cozy fires at night.
Rent this charming, Cotacachi home. Just steps from the bus stop to Otavalo and Ibarra. 15 minute walk to the main square.
Fully furnished right down to the..
vases and teaspoons..
Three bedrooms.
Lovely garden. Super location.
Enjoy avocados and lemons from your own trees, fresh flowers for your table, comfortable beds and your large private garden. Perfect for longer term stays.
The house has awesome views beautiful lawn and… garden area.
Included in the rent are all your utilities, internet and a gardener once a week.
Beach project startup, Hacienda Palo Alto, north of Bahia starting in Cabuyal.
We have been reporting for years that the area in Ecuador with the most explosive potential is north of Bahia.
Bahia. See below how to get our updated report on Bahia FREE.
Bahia is a wonderful city, small, but large enough for services. There is easy access from Quito and elsewhere. There are big investments pouring into the area.
The spark we suggested would ignite the growth was the completion of this new…
bridge. The bridge over the Chone Estuary.
Next will come…
regular flights from Quito to San Vicente Airport.
Dirt roads from Quito and up and down the coast have been paved into four and six lane highways.
Now there is rapid change and development in Bahia, Ecuador’s first Ecocity. This is the favorite town in the area with a population of 25,000 people located on the mouth of the river – the Rio Chone.
There are clean beaches, a Museum of archeology and art, organic eco-shrimp farms and tourism.
Over the bridge is where we’ll probably see the fastest growth. The towns north of Bahia but still in the lovely province of Manabi are:
San Vicente Canoa Cabuyal Jama Pedernales
Hacienda Palo Alto is a brand new project… just beginning in Cabuyal, Ecuador. The turnoff to the project is about 12 miles (20 kilometers) north of Canoa.
Currently Cabuyal is a very small town. Expect significant changes over the next few years, mostly due to the upcoming Hacienda Palo Alto.
Highway improvements will reduce the drive from Quito to 4 hours (from 7+ hours last year!).
This is planned to be a gated Community with 24/7 security, underground utilities, fire hydrants, internal paved streets; outdoor showers at the beaches, paved beach access, manager and sales office; clubhouse with pool, bar and gym, helipad, walking trail, children’s playground and beach ranchitos for relaxing.
The plan calls for the majority of the property will be left in its natural state.
The land has creeks and huge ceibo trees, wild orchids, parrots, and howler monkeys.
The beach is mostly sandy and has a gentle slope. There is a nesting area for sea turtles. Waves provide excellent surfing and body surfing. Humpback whales visit July through September.
This is an approved subdivision with 453+ acres and 1 km (.6 mile) of Pacific beach.
There are 166 ~2000 sq. meter (20,000 sq ft.) lots near the beach that are not low-lying, plus fractionals, and homes and some commercial retail. Most of the property is to be left in its natural state.
From Manta to Bahia de Caraquez Ecuador, there are two good beach areas to see. Crucita and San Clemente.
From Crucita the wonderful beach above runs all the way to San Clemente. The point in the above picture shows San Clemente in the far distance.
From Crucita, there are many miles of empty beach walking. At low tide, you can walk round the point and then walk miles to Bahia.
Many of our readers live in Crucita. We helped many buy lots for these houses about 15 years ago.
There is a wonderful restaurant with a view.
Down the hill, in the village, there are some very nice condos and houses on the beach. This resale is from a reader who purchased on a real estate tour years ago.
Beach views from this condos are nice.
From the front room.
Sea View from the living room and…
roof garden looking…
north and…
south toward Manta.
This is a smart looking unit purchased by a real estate tour delegate who is recovering from a major medical treatment. I thought this was one of the nicest condos I have seen inside.
Kitchen.
This is next to a good neighborhood surrounded by large Ecuador beach houses.
From this point of the beach you can walk on the beach for hours.
Enjoy the sun, salt, sea and wild life.
This is a 2 bedroom, 2 bathroom unit with, a jacuzzi…
and a roof terrace.
The living area is 98.50 square meters (1,060 square feet) and with the balcony totals 155.25 square meters. (1671 square feet). It is the top unit in a 3 unit building.
Living room.
The use of adjacent gated amenities of a tennis court and a swimming pool are available for a monthly fee of $30. (This fee is optional.)
There are not and cannot be any structures between this Ecuador beach condo and the ocean.
Asking price $79,000.
For more details contact the owner: Tetiana Samoilova, 621 Nehalem Ln, La Conner, WA, 98257. Telephone 360-770-2285 or email ellakievred@yahoo.com
New Listing Cuenca Condo
This is a project which is under construction and is only a few months from completion. The developer has funded the entire project out of pocket and wants to sell two units before completion.
Every side of this building has a fantastic view and it’s located in a peaceful and quiet area close to the river as well as close to downtown.
OPTION A (FACES DOWNTOWN)
CONSTRUCTION: 1581 Square feet 3 BEDROOMS 3 FULL BATHROOMS PRICE: FROM FLOOR 1 TO FLOOR 6 = $124,950.
FLOORS 7 AND 8 = $132,300. These prices do not include parking, but you can buy 1 to 4 underground spaces for $38 sq ft.
OPTION B (FACES EL CAJAS NATIONAL PARK) CONSTRUCTION: 1646 Square Feet 3 BEDROOMS 3 BATHROOMS PRICE: FLOOR 1 TO 6 = $130,000 FLOORS 7 AND 8 = $137,700 PARKING SAME AS OPTION A
Ecuador Living Club members can get details at the password protected club site.
This villa is less than 5 years old and just 2 blocks from the beach in a quiet, residential area of Salinas.
The home has 4 bedrooms, 3 baths, living/dining area, kitchen with ample cabinet space, front porch and back patio with pool and BBQ area.
Even better, there is a nice efficiency suite in the back patio area, which the current owners frequently rent at the rate of $150 to $200 per month.
The property is listed at $82,000.
A Salinas Ecuador real estate broker sent me a note about this low cost condo with a $70,000 asking price.
Many clients are looking for a property with a good amount of interior space, in a nice neighborhood, where they can enjoy the beach life, at a price of under $100,000.
You can look just a few blocks off the beach. Like anywhere else, the ocean front properties in Salinas carry a bigger price than those just off the beach. These off beach properties are often in better shape than those right at the water’s edge as they take less wear and tear from the salt air. Another benefit, the owner of an off-beach property doesn’t have the expense of maintaining a seawall, as many oceanfront property owners do.
A property that fits the bill is a 3 bedroom, 2 bath condo with service quarters, in a small complex with a nicely landscaped pool area. Sit at the pool and enjoy your own tropical paradise.
Walk just a few blocks to the beach. The condo includes a private parking spot and furnishings.
The asking price is $70,000.
Ecuador Living Club members can get details at the password protected club site.
The MGP GROUP of companies is a UK based company with offices in Florida, USA and Cotacachi, Ecuador announced the ground breaking of their current project, high end quality retirement condominiums in a gated environment in Cotacachi, Ecuador.
In addition to the homes they are offering top quality assisted living services for clients who require them, a heated swimming pool, gymnasium with scheduled & supervised wellness training, Sauna and Steam rooms plus a restaurant, community center and small chapel.
All the living areas of the independent condominiums will overlook beautifully manicured gardens with a back drop of spectacular mountain views. Their plan is to include a supermarket by the time the complex is completed.
The company broke ground in March 2011 for an assisted/retiree living complex of 70 condominium homes with a gym, swimming pool, doctor’s office and nursing station, organic restaurant, micro market, meeting room and a small chapel.
PROJECTED COSTS:
One bed, one bathroom, 3rd floor condominium – $ 74,000
Two bed, two bathroom, 2nd floor condominium – $81,000
Larger two bed, two bathroom, 1st floor condominium – $88,000
Closing cost of approx $500 to $1,000 will apply to all sales.
Payment options:
Option #1: Payment in full on signing the Agreement = $2000 discount will apply
Option #2: 50% down and 50% on completion
Option #3: 3rd floor one bed, $37,000 down, balance on fixed mortgage over 5 or 10 yrs.
2nd floor two bed = $40,000 down, balance on fixed mortgage over 5 or 10 yrs
1st floor two bed= $45,000 down, balance on fixed mortgage over 5 or 10 yrs
TO PROTECT THE INTEGRITY OF MGP GROUP AND ITS CLIENTS, ALL MONIES PAID INTO THIS PROJECT WILL GO INTO A PROTECTED ESCROW ACCOUNT.
Initially there will be three types of floor plans available making a total of 70 condominiums on three levels. The 1st floor is on ground level and the 2nd & 3rd levels will have stairs and elevator access.
Total of 14 one bed, one bath condos (on the 3rd floor) , 28 two bed , two bath condos (2nd floor) and a further 28 larger two bed, two bath condos on the 1st (ground) floor.
All condominiums will have a full-size kitchen, complete with fridge and cookers, in the rear of the property, with the living rooms all facing inwards towards the landscaped gardens with amazing views of the mountain range in the distance. From the living room there will be a door leading to the balconies with provision for floral displays on top of the safety walls.
The homes are all designed so that entry to each will be through the rear or the “working areas” (kitchen, etc.) leaving the living room areas and the main bedrooms all overlooking the wonderful gardens. All condominiums will be equipped with an emergency alarm system linked to a 24 hour monitored system. Pre-installed points for TV, Internet and phone jacks will be fitted in all condominiums as well as tiled floors and all walls will be painted a neutral color suitable for any type of furniture.
This group offers Ecuador Living subscribers a 2% discount off the quoted purchase price of their properties.
Ecuador Living subscribers can get more data at the Ecuador Club password protected site.
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.
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.
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
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…
pigeons…
chickens and…
pigs.
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…
provide
income that…
would provide a nice retirement income… $25,000 a year we are told.
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.
Here are several unique Vilcabamba Ecuador properties for rent and for sale.
Vilcabamba is one of the five most popular Ecuador destinations for North American expats and the “El Atillo, Club Hacienda, Resort & Spa” has appealed beyond this to both expats and residents of Ecuador.
Vilcabamba house for rent.
Tennis courts with a view at El Atillo, Club Hacienda, Resort & Spa.
Just Five Lots Left
The El Atillo, Club Hacienda, Resort & Spa consists of 36 lots. 16 have sold to expats, 12 from the USA, three from Spain and one from Australia. 15 of the properties have been purchased by Ecuadorians, five from Quito and 10 from Loja. This wide acceptance of the project by different cultures has created a delightful international neighborhood.
Other key features of the the El Atillo project are its proximity to Vilcabamba Village (five minutes walking), full services including 4 electric transformers and all underground cabling, two water systems, one potable and one agricultural, two sewage systems, one for black and one for rain waters, three acres for the club and green areas, total security, five star club facilities, a unique history and great acceptance by the local population.
One house at El Atillo, Club Hacienda, Resort & Spa is for rent.
Vilcabamba Rentals including a house and three apartments.
The rental of $950 per month, includes all services, utilities and club facilities.
You can get more information, prices, a full brochure and site plan of the Club Hacienda from Manuel Vivanco by email at elatilloclubhacienda@hotmail.com or his cell at (593) 099.444495
Five lots are left for sale. They range from 6,000 to 12,000 sq. ft. and include club shares. Prices range from $35,000 to $70,000.
Vilcabamba, Ecuador is one of the most popular destination my readers write to me about.
Vilcabamba has great beauty. This is a view from the Club Hacienda El Atillo gated community in Vilcabamba. See dozens more pictures from this resort below.
This photo was taken from the LA MOLIENDA DE EL ATILLO lodge which has three apartments that can be rented (two to four people) on a daily or monthly basis.
Here is a house in the community.
and plaza.
Merri and I visited Vilcabamba over a decade ago because during our initial research the Ecuadorian consul told of Vilcabamba’s great beauty and he explained that the residents were known for their longevity.
After our first two journeys to Ecuador, I became increasingly fascinated with the fact that some of the valleys including Vilcabamba have special qualities, which enhance longevity. Residents in these valleys had a history of reaching extreme ages.
Imagine sitting in your back yard as you view the mountains of Vilcabamba, Ecuador.
So I was delighted a few months ago when Manuel Riofrio, the developer of Club Hacienda El Atillo Resort & Spa decided to place an advertisement for his project with us.
Since that time his project has nearly sold out.
I have heard back from many readers who really liked what they saw and we have accumulated many pictures of his project and the people living there… below.
There are plenty of ways to enjoy healthy exercise at the Club Hacienda El Atillo gated community in Vilcabamba.
Tennis courts at LA MOLIENDA DE EL ATILLO lodge.
Plus places to meet.
Get together…
Get good, fresh food.
and stay healthy.
Here are some more photos taken at Club Hacienda El Atillo.
Wonderful flowers.
Great landscaping.
Scenic views.
CLUB HACIENDA EL ATILLO, RESORT & SPA has 24/7 Security, Swimming Pool, Tennis Court, Library, Restaurant, Bar, Chapel, Spa, Gym, Equestrian Club, Gallery, Gardens, Cascades, Walking Paths, Sidewalks and Roadways, Club House, Plaza, 360 degree panoramic and breath taking views of the Valley and more.
Plus now there is more you can learn about the Club.
You can get more information, prices, a full brochure and site plan of the Club Hacienda from Manuel Vivanco by email at elatilloclubhacienda@hotmail.com or his cell at (593) 099.444495
There is also a New York Times link that says more about Vilcabamba in a series on Vilcabamba: 1 of the 4 Long Lived & Prosperous Villages of the world:
The gated community, El Atillo, Club Hacienda, Resort and Spa, in Loja Province of Ecuador offers:
* Very competitive prices. * Proximity to Vicabamba’s Central Park. * Beautiful views and wonderful landscaping. * New Hacienda architecture. * All the amenities and features of a 5 star club.
The developer can build houses or cabins for you in this New Hacienda style.
Construction runs from $55 to $65 a square foot.
Lots sell for approximately $4.80 a square foot.
The lodge also offers rental accommodations for your short or long staying… $25 per day or $450 a month for suites and $650 a month for apartments.
Club shares are $5,000.
You can get more information, prices, a full brochure and site plan of the Club Hacienda from Manuel Vivanco by email at elatilloclubhacienda@hotmail.com or his cell at (593) 099.444495
First, back to Cuenca condos. There are three large cities in Ecuador… Guayaquil the commercial center, Quito, the capital and Cuenca often called the Athens of South America.
Cuenca is by far the smallest and has the most middle class feeling. This is the town where we see most expats who attend tours decide to settle.
There are numerous new construction projects and Stephen Milden sent details about these new Cuenca condos now available near the center of Cuenca.
Stephen writes:
There is a very affordable town homes project that is 75% complete. Within minutes you have grocery stores, doctors, hair salon, etc.
Only 4 miles from downtown Cuenca in an area called El Valle is a very affordable town homes project that is 75% complete. Within minutes you have grocery stores, doctors, hair salon, etc.
Living/dining area
There are 7 models available starting with a 2 bedroom 1 bath consisting of 754 sq. ft. for $36,000 which includes a small backyard and laundry area.
Upper floor showing 2 bedrooms and 1 bath
The finishes are quite nice and each town home has a great room consisting of living, dining and kitchen.
Kitchen.
A 3 bedroom with 2 bathrooms featuring 1140 sq. ft. is $49,900 and a 4 bedrooms 2 ½ bathrooms with 1355 sq. ft.
Great room. The asking price is is $56,000.
Stephen Milden works with Morya Ecuador Discovery SA and organizes their Cuenca tours as well as offers a Cuenca concierge service.
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