Tag Archive | "Vistazul Ecuador beach"

Ecuador Beach Condo Review


Here is an update on the Ecuador beach condos Vistazul in San Clemente Ecuador.

Ecuador-beach-condos

Here is an update as of March 2010.

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Rooftop terrace at Vistazul Ecuador beach condos.

This project has progressed steadily despite the 2007 and 2008 recession in the West.

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Vistazul Ecuador beach condo trim.

The Vistazul Ecuador beach condo project took off very nicely two years ago. About half the units in the first couple months were  sold. Then the recession hit and as these are more a second home, rather than full time living, destination, sales slowed badly.

Added to this, the road from Manta to San Clemente is being redone. This has really made it hard and circuitous to reach these Ecuador beach condos.  Long term though this will of course be really good!

However sales have continued… just at a slower pace.  The developer wrote that there are only two condos left in the blocks that are finished. One is a resale unit 506 and unit 301.  Unit 301 is the only finished unit that has not been sold.

There are eleven units left in the unfinished buildings two and six.

Structural work on these units should be ready within a month but as I mentioned Kjetil Haugan will wait with the finish work on these units until he has completed the infrastructure work on the development.  Gary

Let’s review the entire history of the project so you can see how surprisingly well it has sold considering the utter collapse of the real estate market in the USA.

We have worked with Kjetil for 12 or 13 years and ten years ago Kjetil, Merri and I drove the entire coast.  This San Clemente property is one that Kjetil liked and purchased.

Kjetil introduced us to the project in December 2007 when he was in the process of building the Palmazul Hotel & Spa and it looked like this:

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Construction was…

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well under…

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way.

We put money up front and bought the first six Vistazul units to get construction started.  By then Palmazul looked like…

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this.

A view of the land has gone from…

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this to…

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this to…

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We always liked this project because the hotel clubhouse was finished and in operation before ground was broken on the condos.

We put enough money into the project so we knew it could be done.

All seven of the factors we like to see in a new project  were in place before we began sales.

#1: Land owned with title insurance.
#2: No debt on the land.
#3: Infrastructure complete.
#4: Financing in place.
#5: Experienced engineers and architects involved.
#6: A logical sales plan set up.
#7: Long term management organized.

Since we send about 20 people a month to the area on real estate tours and they stay at the hotel club house, the project has an advantage though we do not allow the developer to push this over other projects or properties on the tour.

The project’s unique position on the beach… in a really quiet location where little else can be built makes these to our way of thinking a real winner at $79,000 to $89,000.

Some US real estate prices have fallen so they compare to Ecuador real estate prices… but NOT ON THE BEACH.  US beach property is still far more expensive than Ecuador beach prices.  I have never seen any US beach front which compares  anywhere close to the prices at Vistazul.  Why is this?  First, Kjetil bought the land 10 years ago when prices were unbelievably low.  Second, the bulk of the construction was done before inflation started to push up construction costs. Third, we have sent all the buyers to the project and do not receive commissions, thus eliminating a normally large sales cost.

But we really recommend that you visit and see to make sure that this rustic area appeals to you and to see which units available best suit you.

The developer Kjetil Haugan also offers financing on the $89,000 units.

History of Vistazul from our website. Our Garyascott.com archives tells the tale of Vistazul.

December 2007 see the Ecuador beach club house under construction.

See how we began and the Ecuador beach land in December 2007.

See what we said and the Ecuador beach land by December 2008

We introduced the project in February 2008.

Three buildings under construction by September 2008.

We financed the completion of the club house by adding two penthouses.

From…

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to…

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this, to…

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Here is the penthouse interior.

Ecuador-beach-condos

Learn how to rent these penthouses here.

See more on why I like this area and at

Ecuador Beaches

Ecuador Seafood

Ecuador Beach Restaurants

Fishing in Ecuador

This project was originally planned for 62 units at three price levels. After the economic slowdown it was reduced to 38 units for the time being.  See the site plan at Ecuador Beach Condo Party

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.

tradestops

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.

seminars

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

In 2018 I celebrate my 52nd anniversary in the investing business and 50th year of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

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

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

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

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

Details in the online seminar include:

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

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

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

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

keppler asset management chart

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

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

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

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

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

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

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

Save $468.90 If You Act Now

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

ecuador-seminar

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

Capital Ecuador Income


Here is a capital idea to gain some extra capitals gains as income.

Kjetil Haugan, owner of the Vistazul project, where I have purchased condos, recently sent me the note below that sparked some capital income ideas.

ecuador-beach-real-estate

Mid coast Ecuador tour delegates visiting Palmazul condos.

Kjetil wrote: Gary, I am getting more and more requests for the time-share units and think I can do quite well with a bit more marketing here in Ecuador. I already have a company interested in working with me to sell the weeks..they sold out Casablanca, a project in the north of Ecuador and another time share development in Esmeraldas and they need more inventory.

If your readers buy a unit I would still sell at $ 89,000 but offer them a quite good return if they offered their unit as time share. If I helped out to sell the high season weeks (let’s say 20 weeks + @ $ 4000 each) they would recover most of their investment and still have 30 weeks for themselves.

This is a speculative capital idea that can create some tax free (in Ecuador) capital gains.

Let me share a few of the reasons why Merri and I are enthusiastic about the Vistazul Ecuador beach condo project.

First, it’s the water.

Ecuador-beach-property

Most parts of Ecuador’s coast are without a central water supply and water is delivered in trucks like this.  That system works okay, is inexpensive  and the water is good.. yet to have your own water supply is even better.  Vistazul has its own water wells.  The water is a bit saline but Kjetil also developed a company that owns several Galapagos cruise ships so has experience with desalination.  As you’ll see below these beach condos have their own water… generator and  desalination.

Second, we love the warm water and waves.

Ecuador-beach-property

Merri and I lived on the Gulf of Mexico for many years and love to frolic in the waves… but in the Pacific?  Where I grew up in Oregon… the water is just too cold to stay in long.   Yet on Ecuador’s Pacific the water is almost as warm as the Gulf of Mexico… yet the waves are good.  We can play in the water for hours without getting to cold.  We never worry about hurricanes because they do not have them on the Ecuador coast.

Plus the weather is best in the winter when its coldest up north.

Third… the empty beaches and protection from excessive  development. You can walk for about 30 miles at low tide. Here is a shot from Crucita.  You can walk all the way to the point in the distance (this is where Vistazul is located).

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Then once around the point you can walk many miles more… often never seeing another person. Here are Merri and me with our friend Steve Hankins enjoying this broad beach with our hound, Ma.

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Fourth, peace & quiet. San Clemente is a small fishing village and Vistazul is on a secluded dead end road… with little traffic and hills behind the condos.  The town is quiet and the community concerned with developing tourism… but without destroying the environment.  Kjetil spent many hours with community leaders obtaining a consensus on how what and how much to build.

Ecuador-beach-property

This is the center of San Clemente, very quiet, yet only 45 minutes to central Manta… and all the resources of a major port city.

Local transportation into San Clemente is on foot (Merri and I enjoy ambling on the beach), or in these quaint taxis.

Ecuador-beach-property

Fifth, fresh seafood… really fresh…  really cheap. The fishermen bring in their catch each day and you can buy right from the boat.

Ecuador-beach-property

Sixth, safety in the fact that your are buying real property… not just a promise. The club house exists… the pool… the tennis courts… the spa, the condos.You are buying completed or nearly completed condos with a title and US title insurance.

Ecuador-beach-property

Palmazul Spa is Vistazul’s clubhouse.  Pool, Tennis, spa and gourmet dining on the beach.

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or parties poolside.

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Merri and I purchased at the beginning when the project looked like…

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this… but now most of the condos are complete and some residents have moved in.

Here is a group of delegates inspecting one of my Ecuador beach condos at Vistazul.

Ecuador-beach-property

Finally, Merri and I love the sunsets. When we lived in Naples, everyone gathered to watch the sunsets and I thought they could never be better. At the Equator they are!

Here is a group enjoying a roof garden party as…

ecuador beach real estate

they enjoy a warm, sea breeze and a sun that sinks gently into the sea.

ecuador-beach-real-estate

Vistazul is a great place.  So too is the profit potential. Here is how Kjetil explained this capital gains opportunity of buying whole and selling in pieces.

Gary, Here is a quick update on the project.  Business has been slow as the government is rebuilding the roads from Manta to this area so we currently have to take a much longer back way to get here from Manta.

This means I get complaints about all the driving time but in the long run the improved road will dramatically enhance value.

I have received a private loan from one of the buyers at Vistazul and should have enough money to complete all the units..I still need a couple of sales to be able to complete all the infrastructure but I am negotiating credits, etc. so I may be able to make it with what I have.

Block 5 is ready..block 4 is painted and with tile and block 2 is almost ready to be painted and for tile to be installed. Block 6 will have the second floor put in next week. I have already contracted a swimming pool and a desalination system that will produce enough portable water for Vistazul and the hotel. We also have a group of 13 carpenters working 14 hours per day to complete all woodwork on all the units so things are going well.  In total there are approx. 40 people working at Vistazul right now.

We had a group of Ecuadorians at Vistazul yesterday and they committed to buy 12 weeks for time share..I am making a brochure and planning on a marketing campaign starting in January so I believe the time share idea could work well over time. The downturn is that you will have families with kids times of the year but mainly in July/August when most of the current owners will be back home.

I have mentioned the option to sell weeks to several of the condo owners and they seemed to be interested in the idea.  If they pay $ 89,000 and sell the premium weeks + some high season weeks they should be able to recover their investment and still have 30 weeks for themselves. They could even try to sell the 30 weeks over time and make good money if it was only for investment.

We are promoting premium weeks (Christmas, New Year, Carnival and Easter) at $ 6,995, High season (February, March, July, August) at  $3,995 and the rest of the weeks at $ 1,995.  We charge 10% to sell the weeks and I believe we should be able to sell most of the weeks over time (2 to 3 years). We have already received about 200 inquiries for the New Year weekend at the hotel and we sold out months ago for this date so San Clemente is getting more and more popular with Ecuadorians.

You can see our first offer at our Spanish website for these time shares at www.lacostaecuador.com
.

Regards,  Kjetil.

There you have it. beauty… charm and opportunity.  There are some risks involved. Once you start selling the time share units… you lose the opportunity to sell as a whole unit… plus you have to manage, maintain and care for this type of ownership.  Plus there is no guarantee you can resell enough units this way to recover your whole investment.

On the other hand if you recover your investment selling half the units, this means you end up with half a year of use for yourself free.

There are other ways to profit from an Ecuador beach property like this… such as advance rentals.

A New York Times article entitled “Making Her Dream House Pay for Itself”  by Amy Silverman tells how  Julie Hampton bought a villa in Tuscany, raising the purchase price by selling three-week stays for $1,000 each.

Here are excerpts from that article:  WHEN Julie Hampton was a graduate student, she decided that she wanted to buy a small house in a remote Italian village about a 90-minute drive northwest of Florence. But she didn’t have the more than $80,000 she needed, so she came up with a plan.

She went to the local office of the Small Business Administration and told a volunteer adviser that she wanted to finance the purchase largely by persuading 60 people to pay $1,000 each in exchange for three weeks at the villa. The adviser laughed.

Then he bent over and began searching around her feet. Ms. Hampton didn’t understand why he was doing that, she recalled nearly six years later, sitting in her apartment in downtown Phoenix. So she asked him a question — did he drop his pen?

“And he said, ‘No, I’m looking around for my bucket of cold water.’ ”

But Ms. Hampton was unfazed: “I said, ‘I’m provin’ you wrong, pal.’ ”

So prove him wrong she did. The meeting took place in early 2001. That same year, Ms. Hampton, after coming up with all the money, in exactly the way she planned, bought a 2,500-square-foot house in the medieval village of Vitiana.

She e-mailed the owners and went off to Los Angeles for New Year’s 2001. When she came back, an e-mail response was waiting: “If you can come before Jan. 15, we’ll show you the house.”  Ms. Hampton bought a plane ticket and left for Italy within a week. A friend of a friend arranged a place for her to stay in Florence and left a key with a neighbor.

Several days later, she drove to Vitiana with the two owners.

She felt she had to have the house. But she kept reminding herself that she didn’t have the money. Nonetheless, she agreed to buy it, putting down, as a binder, $2,300 — college-fund money that was left after she had paid tuition.

Back in the United States, she found a lawyer willing to help her create a limited-liability company and draw up simple legal arrangements for the transactions that would implement her plan. With only a few weeks to go until a $28,000 down payment was due, Ms. Hampton made a color brochure and offered three weeks at the villa to anyone willing to pay her $1,000. (Not all of the weeks needed to be taken at one time, and if the money was sent before the down-payment deadline, the buyer would get a bonus week.) She also put a six-line classified ad in The New York Times Travel section for four weeks at $270 a week.

She met the deadline — getting all the money from subscribers.

Long before New Year’s 2002, the house was Ms. Hampton’s. She wound up paying $82,000 — including $12,000 from a retirement account, a $6,000 loan from her parents and $8,000 in loans from her credit union. About half the 60 subscribers came from the Phoenix area, and half from responses to the ad.

An Ecuador beach rental would seem to be much easier to rent than an Italian villa in the current depressed economy… closer and far… far less expensive.

If you are looking for a speculation that could bring good capital gains or the use of an Ecuador beach condo for half the year… consider buying whole and selling some of the pieces.

Save even $10,000 more. We have several units reserved for Ecuador Living subscribers at $79,000, $10,000 off the retail price of these Ecuador beach condos.  See more details on how to become an Ecuador Living subscriber here.

Gary

Join us on Ecuador’s coast this winter.   Attend our seminars and tours in Florida and Ecuador. See the best Ecuador property for you.  Find the best real estate offers.  Know more of Ecuador. To help you experience a bigger adventure in this wonderful nation, to broaden your horizons, to expand your awareness of all Ecuador offers, we are providing deep discounts in 2010 for those who sign up for multiple tours.

Jan.   8-11     Ecuador Export Tour

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

Join us in February or March.

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

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

Mar. 11-14     Super Thinking + Spanish Course, Mt. Dora, Fl.

Mar. 15-16    Travel to Quito and Andes

Mar. 17-18     Imbabura Real Estate Tour

Mar. 19-20    Cotacachi Shamanic tour

Mar. 22-23    Coastal Real Estate Tour

Mar. 25-26    Cuenca Real Estate Tour

Enjoy extra savings with a multi tour pack.

2 seminar courses & tours $998 Couple  $1,499

3 seminar courses & tours   $1399 Couple  $1,899

4 seminar courses & tours   $1,699 Couple $2,299

5 seminar courses & tours  $1,999 Couple $2,699

6 seminars courses & tours  $2,199 Couple $3,099

(Be sure to show in the comments section which courses and tours you are attending)

International Club attend up to 52 courses and tours in 2010 free.

See our entire 2010 seminar and tour schedule here

Read the entire article: Making Her Dream House Pay for Itself  here