Looking down onto Puerto Lopez
In March 2001, I posted the following at our www.garyascott.com site.
Waves crash on black haystack rocks that grind an aquamarine Pacific into foam and mist of white. It is early March, near athe coast of Puerto Lopez, Ecuador. We head due west. Merri and I are with friends, sitting on a gleaming 35 foot cruiser. Warm salt air massages our sun drenched skin as we race west, hypnotized by a sleepy drone from twin Yamaha 115s.
Whale watching cruise at Puerto Lopez
There are many economic opportunities to share in this message, but first let me answer the question that was meandering gently through my mind. “What really is paradise?” I almost nodded off then looked across the sea once more. Eleven shrimpers glowed white as they bobbed on the horizon. Their bird covered arms trailed nets that looked like spidery webs of white. The ocean turned deep indigo as the continental shelf dropped away. Our destination? Isla de la Plata, the Silver Isle, little known but like Galapagos, the home of rare birds ( we saw loads of blue footed boobies in their rookery) and animal life not known elsewhere.
“What really is paradise?” I pondered once more. Walking a broad beach at sunrise to join the villagers for the morning’s catch, which included a monstrous snook? The soft murmur of young lovers as they stroll on a warm evening, holding hands? A billion stars on a clear night? A native market piled high in mangos, papaya, pineapples, custard fruit, bananas in yellow, red and green, blackberries, ovos, plums, beans, potatoes, corn, tomatoes, peppers, cabbages bigger than a bread basket, flowers and other delicious fruits and vegetables, you can’t even imagine as they are endemic only to Ecuador! All swollen with vine ripened goodness and priced so low they cost nothing? A cook who prepares these treasures with love and serves them on an open air balcony cleansed by a sweet breeze from the sea? An afternoon sleep in a hammock, soothed by a gentle salt breeze? Riding through a tropical forest? Fresh ground juice at night on the terrace where we can see forever? Village laughter in the darkness heard from a comfortable bed? Friendly, happy faces everywhere?
First, let me make a point. If you want the sanitized version of life, switch off now and go to a web site that lists Disney World and places like this. Or go visit American coastal cities like Naples where Merri and I have left. Manta, Puerto Lopez and the other Pacific villages Merri and I savored on this trip have dusty roads, unkempt beaches, dogs walking the beach and the people appear poor. Plastic and various other types of debris often line the roads. The water where we bathed was only lukewarm. There are some pathetic sights and pungent smells. Life is rich, ripe and real here, no street signs, no life guards and no lines in the middle of the road.
Yet consider this. In Naples, Florida, I just looked at buying a very small beachfront lot because it was cheap at one and a half million bucks. Here I was looking at a 38 acre tract of coastal land on a brand new highway with a half mile of wide, empty, clean Pacific beach for $15,000 bucks!
In Naples I’ll get fined for parking, taking a dog, glass, or fire on the beach. I’ll be patrolled, warned and controlled by more rules and regulations I can keep track of. Here it’s purely Laissez Faire. Merri and I are pioneers and we love untidy, rambling, ramshackle places. We have made millions buying in such places and then watching them grow up. But you have to love this type of disorder to enjoy the process.
To us this is where the real adventure is・long with the best investment potential. So having said this let’s spend a moment talking about the cash.
Several years ago I began bringing investors to Manta and onto Puerto Lopez telling them it was one of the hottest places around. Merri and I didn’t especially like Manta but saw its potential. I continued bringing investors here through the worst depression in Ecuador’s history, a Presidential impeachment, then a bloodless coup, countless social demonstrations and even a couple of kidnappings on the border. The worse events grew, the more excited about the potential I became. Now places in the south of Manta that were scrub vegetation and wild are gleaming apartments and housing developments with really attractive and grand homes. Prices for land have quadrupled. There is a new road, new water system and though prices in Manta are still much lower than they will become, the miraculous bargains some of my delegates have enjoyed are gone. Some investors have seen their investments grow two, three, even four times in this last two years and values will rise much more! Yet the changes are just beginning. South of Puerto Lopez, Metropolitan Tours have built a new 15 room hotel. This is built by Barro Viejo the same architects that designed who Merri’s and my house at our Andean plantation Rosaspamba.
This hotel has a charming design and sits high up cliffs with commanding ocean views. There are whale watching and fishing tours (the fishing is great – snook, snapper, sea bass, the world record Marlin was caught nearby) plus there are cruises to Isla de la Plata and in season, whale watching where spotting the humpback whales guaranteed. Last year we were able to cruise around huge humpbacks at a range of just a few yards.
Puerto Lopez is surrounded by over 100,000 acres of national park and there are also hiking and riding trips in the dry and humid tropical forests of the park.
I recommend this for sea lovers. Real estate in Ecuador is an incredible opportunity now.
Real estate is not the only outstanding business opportunity in Ecuador at this time. Each day we research here, we uncover more great deals. Gary
A Decade Later
Wow a decade later this advice has been proved. Prices have risen dramatically but are still at bargain basement values.
Now a project named TRANQUILO, a four unit housing enclave has started in Puerto Lopez Ecuador.
Tranquilo is a small project consisting of four residential apartments in two buildings.
All units face the beach in Puerto Lopez , a fishing village /tourism town of 15,000 souls on the Pacific coast of Ecuador. Puerto Lopez is unique along the 650 mile coast .
It is on a crescent bay, between encapsulating headlands,well protected with limited expansion potential. It has an inherent energy not found in other seaside villages.
Fresh caught fish, Puerto Lopez
Shops for all basic needs, a bank, postal station and a selection of decent restaurants and watering holes.
Fresh fruit in 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.
John Fisher is an accomplished and experienced professional with a record of successful projects in Canada and the United States.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.
The project has acquired all necessary permits for commencement of construction which is scheduled to begin in September 2011. Only three units will be available for purchase,the owner-architect retaining one unit for his personal residence.
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.
The intermediate floor separating the units has a concrete sound-barrier to ensure quiet enjoyment and privacy for both units.The ground floor unit enjoys direct beach access,with fifty steps or so to the shore. A private ten by thirty foot wood deck patio and front garden provide the perfect setting for hammock-dozing or sunset cocktails.
The interior has a modern kitchen with large breakfast-bar and all appliances. Tiled baths with Euro-glass showers, exotic wood floors and nine foot high wood-beamed ceilings with bamboo inlay provide a luxurious and comfortable plantation-style setting. Two bedrooms with en-suite baths, guest powder room and stacked washer-dryer combo are designed to North American standards.
The living-dining area and master bedroom are both beachfront with an abundance of light and cooling Pacific breezes. The apartment also has separate air-conditioning units for Living and Bedroom areas. This is a one-of a-kind beachfront home with a secure private garage, all modern amenities and a tranquil setting only a five minute walk from town.
The elevated rear building “ Ocean View” house is situated on a plateau sixteen feet above “Beach House”.
It consists of two side by side duplex units separated by a sound-barrier masonry wall.The units are staggered to provide ultimate privacy for outdoor living spaces.The building has four lower-level individual parking garages,one for each unit in the complex. The “Ocean View House” units have an entry-level bedroom floor with two bedrooms,with en-suite baths, laundry and large master-bedroom balcony.
The second floor Living-Dining-Kitchen area has a powder bath and large ocean view balcony. The third floor is an oceanview covered roof terrace, perfect for hammock-swinging, sunset cocktails or quiet enjoyment of the surroundings.The interior finishing is equivalent to “ Beach House”.
There is also entry-level parking from the rear access road providing ease of entry and convenient off-loading of groceries for “ Ocean View” residents. These exclusive “townhome” units cannot be found elsewhere in Ecuador, let alone Puerto Lopez.
Apartment living space in square feet:
Ocean View . Living-Dining and Bedroom floors : 1200 s.f. Roof Terrace : 800 s.f. Balconies (2) 240 s.f. one car garage+ storage
Total indoor-outdoor living area ; 2240 s.f. ( + garage-storage area):
BeachHouse : Ground Floor Unit ; 1470 s.f. Covered Terrace 300 s.f. Total indoor-outdoor living area : 1770 s.f.
Pricing and estimated completion dates to be released shortly.
To see complete floor plans and additional pictures contact John Fisher email@example.com
Join an Ecuador coastal real estate or coastal agricultural tour and add an extra day to see Puero Lopez. Jean Marie Butterlin can make transport arrangements for you.
New 2012 tour dates set. See Jan. Feb. and March 2012 tours below.
Manabi Ecuador farm house. Prices range from $800 to $1,500 an acre for valuable farm land.
Ecuador Real Estate Mid Coast Tour
Mid Ecuador coastal real estate offers sun and sea… beauty and convenience from Manta to North of Bahia at a low cost.
Here are delegates overlooking Crucita.
Ecuadorliving.com was the first website to recommend Ecuador real estate nearly two decades ago and we continue to assist Ecuador Living Club members in arranging Ecuador tours as the most efficient way to learn about Ecuador’s real estate market.
Ecuador real estate markets have evolved to the point that group tours are counter productive. When Ecuador Living began, there was not enough property… easily reached… for sale. Little English was spoken and the properties were often hard to reach and spread far apart.
Ecuador real estate group tours helped readers reach these properties.
Today there are many properties and group tours can inhibit zeroing in on specific wants and needs.
Ecuador Living’s Real Estate Tour service helps its members create custom tours that fit each person’s schedule and particular desires.
The personalized tours are like AAA Trip Tics and help in three ways.
#1: The dates of your tour can be set to fit your schedule. Ecuador Living makes sure you don’t book a tour on holidays or times when you would not be able to see property.
#2: The tour service helps you zero in on your particular needs in real estate so you do not want to spend time viewing properties that are not of interest to you. Once we have your tour dates and specifications, we contact brokers, developers and sellers of real estate in advance to help focus your search.
#3: You can turn these tours into adventures and overall Ecuador introductory tours so you see many different areas of Ecuador as you wish.
Ecuador Personalized Real Estate Tours are the most efficient and inexpensive way to get an overall view of Ecuador real estate.
Because we are publishers who owe our loyalty to our readers and not real estate agents, you can be assured that the tours are based on your wishes, not on any broker’s desire to sell a specific property. Ecuador Living does not participate in any proceeds, commissions etc. from real estate sales.
For example if you only want to view farms with acreage and want to see farms in three areas… such as Cuenca, Imbabura and the coast we can help you organize a tour for this.
A recent article entitled “Building a charming destination” by Paola Vellejo in the Bienes Raices Clave (Key Real Estate), Ecuador’s leading real estate magazine shows how experienced we are in Ecuador real estate.
You can see this article below.
Organizing the tour is a three step process.
#1: This is a service unique to our Ecuador Living Club members. To begin, become a member here.
If you are already a member please go to your password protected page at the link below.
#2: Once you have enrolled please use the real estate tour page to describe your real estate needs and email to us.
#3: We will research the trip… airfare and internal travel costs… hotel… food… guide and time required for each aspect of the trip.
To begin the set up of your tour please join the Ecuador Living Club here.
The article entitled “Building a charming destination” by Paola Vellejo in the Bienes Raices Clave (Key Real Estate), Ecuador’s leading real estate magazine shows how experienced we are in Ecuador real estate.
A translation of the article says: In conversation with Britain’s Steve Marchant, familiar with the housing boom of Cotacachi, you can see the origin of the phenomenon of its growing popularity as a destination for retirees is the result of the sum of a series of coincidences that inevitably arise from one person: Gary Scott. Scott was the spark that ignited the housing boom of Cotacachi for retirees.
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