San Miguel Ecuador House for Sale with an $11,000 Reduction.
I am sending this message to all my readers August 27, 2007, but am sending it to you, as an EcuadorLiving.com subscriber, so you have a head start.
One of our long term clients, Ed Conley, built a house near where we live in Cotacachi. Now for reasons explained below he wishes to sell. This could save you $11,000 and provide a nice opportunity.
Opportunity comes in many ways.
One reason I am bullish on Ecuador real estate is because food is so inexpensive there.
Recently a message that went to all my daily readers looked at how a recent cup of coffee I enjoyed in Yorkshire England cost me $8.08. See http://www.garyascott.com/2007/08/15/1768.html
One reader who now lives in Ecuador responded with this note:
¡° Gary , loved the story – don’t forget Rio Intag coffee at the source – about $2.00 a pound – with one’s own French press a real bargain. My husband and I met friends for breakfast in Denver before traveling to Cotacachi, and I had oatmeal that was $7 a bowl! Now, it was excellent, whole oatmeal, not instant, and I was served hot organic apple juice instead of cream. Our breakfast for two – with the one bowl of oatmeal, my Gary’s breakfast special and 1 1/2 French press coffees and tip was $28.00. Yesterday, our first day in Cotacachi, we had a lovely breakfast for two at El Meson de las Flores , including wonderful Rio Intag coffee – free with night’s lodging. The regular price for non guests for a breakfast here including fresh fruit which the servers prepare on the moment as an art form, fresh squeezed juice, granola or quinoa, eggs and bacon or ham, bread and coffee tea or herbal tea is $5. Jimmie.¡±
England eating out seems to be double of that in the US . The hotel where we recently stayed at in Leeds charged
29 pounds for a breakfast for two¡delivered to the room. That¡¯s $58, before the tip¡.for a good breakfast.
Jimmie¡¯s breakfast in Denver for two was $29.
Prices in Ecuador seem to be between a quarter and third of US prices. A really great breakfast at our hotel El Meson de Las Flores (which is the second fanciest hotel in town ¨C the top is the Relais and Chateaux, La Mirage -$395 a night versus our $49) for two would be $10.
North America has become so expensive that many people are moving to South America for more sun and so they can eat and live better!
This is just one reason I believe Ecuador real estate will rise in value over the years.
Ecuador real estate will benefit from a demand for natural products as well. Green and environmental investing is hot! I know, the green portfolio we maintain and track with one of the larger and safer banks in the world is up over 200% in nine months this year!
Ecuador real estate in Cotacachi is special because the Andes offers so much in the way of nature, adventure, mysticism and natural health. Look for example at Ecuador wine and song. Cotacachi is the music capital of Ecuador . Musicians from this part of the Andes are seen in city centers around the world and they are everywhere here. This group is performing for our courses delegates at our hotel.
How about wine? Down the road there is some very interesting Ecuador property I have been watching¡an organic vineyard. This particular vineyard is not for sale now, but I have observed readers getting into the wine business in South America at real estate prices no longer available up north.
This vineyard is about ten minutes from El Meson de las Flores and is owned by a doctor from Quito . We often take our groups for organic wine tastings. The vineyard currently produces 10,000 bottles year divided into white, red and rose, but is expanding to 40,000 bottles. Here are some of our courses delegates visiting the vineyard.
This is not all. The doctor has created an organic Swiss cheese factory. On our last trip, Merri and I sat on a broad veranda, looked over lush mountains and enjoyed a glass of wine and some of this delicious cheese that is identical to Emmenthal. The doctor even brought a Swiss cheese master in to set up the operation and train the staff. He even built a rock cave with controlled temperatures for the cheese. We do not drink alcohol often nor eat a lot of cheese, but that was a rare treat!
We served several wheels of this organic cheese at our annual New Year¡¯s celebration. Here is Chef Santiago, head of Caf¨¦ Quinoa, at our hotel serving!
The area is also surrounded by natural beauty and health resorts. Nearby is Lake San Pablo and Peguche Falls . Here is the lake and the falls.
The Ecuador house for sale is in the province of Lake San Pablo .
This Ecuador property for sale is also not too far from Peguche Falls
Here is a shot of the just completed Ecuador home for sale in the San Miguel project. This property is owned by Ed Conley an attorney in Texas . Ed started building this house and then became involved in developing a vineyard in Argentina . He desires to put his money there now.
This Ecuador house for sale includes:
1. Outside perimeter- 2500 sq ft.
2. Inside dimension- 1700 sq ft.
3. covered porch- 400 sq ft.
Extras include clay tile from Cuenca throughout. Three full bedrooms. Two extra large bath rooms with huge showers. Four fireplaces. There is a large 7¡ä x 7¡ä pantry and a plumbed outside storage/ laundry room.
Here is another shot from a different angle of a similar house in the project.
Ed¡¯s house is brand new but here are some interior shots of a similar house in San Miguel where Ed has his San Miguel Ecuador house for sale.
Recently two delegates from Tampa who come to Ecuador to escape the summer heat stayed at the San Miguel project and wrote:
¡°We got up early one morning in San Miguel and were greeted with these marvelous views of Cotacachi….Thought you would like to see them. Regards,¡±
Other benefits in this area include its proximity to the wonderful Cotacachi market (five minute walk). Here one can buy incredible vegetables. Those huge cabbages are between 50 cents and a dollar. You can buy more of those perfectly vine ripened tomatoes than you can eat for a greenback.
The fruit is outstanding as well. This is why Ecuador real estate for sale offers such great value.
The Ecuador property that Ed is selling is also a short drive to Quicocha Crater Lake.
Plus Chachimbiro Volcanic thermal pools are near by. We take our delegates there often.
Pure water is one of Ecuador ¡¯s great assets so we usually end up taking our friends and delegates to soak at Chachimbiro Spa, just over the mountain from our El Meson hotel in Cotacachi.
This is a wonderful natural place where we can celebrate and immerse our selves in the pure water of Ecuador . When we visit the water¡¯s of Chachimbiro early morning weekdays, we are the only people there.
Here we are enjoying the purest of Ecuador water with one of our groups as we soak for health and longevity in the Chachimbiro thermal springs.
The Ecuador water comes hot out of the mountains and has one of the most healing blends of minerals in the Americas . The Ecuador water is super hot at the top, about 120 degrees.
Ecuador real estate for sale in our area offers numerous health opportunities and this property for sale is special because the San Miguel property is next to La Mirage, one of the most luxurious spas in South America.
This is an incredible place where you can stroll over to relax and enjoy life as well as improve health.
There are ten to fifteen uniquely decorated treatment rooms at La Mirage, with a well trained staff ready to serve.
Enjoy swimming in the indoor pool, or relaxing on a chaise lounge in a private garden.
Whether you are dipping into a Jacuzzi or enjoying a cozy fire in one of the many beautifully decorated rooms, you will find fresh roses everywhere. It seems that no detail has been overlooked at this beautiful resort, and not surprisingly, it hosts guests from Hollywood and senators from Washington , DC .
Even the Queen of Spain chose La Mirage during her stay in Ecuador .
Rich, culinary delights await you in the dining rooms. The chefs are world class, and presentation is at the top of their list. Appetizers are served in individual wooden music boxes, soup is poured hot into your bowl when served and each plate is a work of art. Don¡¯t pass up the homemade, rose ice-cream dessert. Each tiny ball of rose ice-cream hides in the center of a blossom of sugared rose petals. Eating here is an experience of the highest class, yet a typical check for a full, satisfying dinner for two is typically less than $40.
There you have it, Ecuador real estate for sale in an incredible area to live, full or part time, filled with fun and pleasure at an $11,000 reduction!
I hope to see you there!
P.S. Ed has been asking $110,000 but has just reduced the price to $99,000 for this Ecuador house for sale in Cotacachi Ecuador .
Full details about this property in Ecuador : Ed Conley at email@example.com