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Ecuador Coastal Condo Value

Here is an Ecuador coastal value.

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Ecuador coastal condo.

This site regularly reminds investors that the three most important investing fundamentals are:

#1: To fulfill your purpose.

#2: To invest in what you know.

#3: To find value.

This is why we encourage investors to look at Ecuador coastal real estate. Despite rising prices and inflation, Ecuador coastal real estate still offers one of the best beach values of anywhere.  The Ecuador coastal condos below are priced so well, I asked twice… to be sure I was not making a mistake.

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This Ecuador coastal condo is large.  Actually it is two five bedroom condos each over 2,500 square feet.

Before we take a look at this condo here is a short reminder that Easter is near and fresh Ecuador lilies are available.

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See details on Ecuador Lilies for Easter here.

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This Ecuador coastal condo below is for sale… has great views and offers stunning value.

How to See Value

The March 1, 2012 Bloomberg Business news article entitled “Foreign Buyers Heat Up Miami’s Condo Market”  by Roben Farzad shows why Ecuador beach property represents such a bargain when it says:  In 2008 and 2009, with prices and the economy tanking, Miami’s new high-rises ended up with so many condos in foreclosure—and unoccupied—that a fishing boat captain said the city looked like a luxury war zone. Today the canyons of downtown, South Beach, and route A1A are hot again as international buyers rush to acquire pied-à-terre in what has long been considered the gateway to Latin America. Across the city, home sales jumped by a record 46 percent last year, the Miami Association of Realtors reports. And median monthly rents are up by 30 percent from 2009, to $1.97 per square foot, according to Condo Vultures, a Miami real estate consulting firm.

At least two dozen condo projects have been announced in the past 10 months, says Peter Zalewski, a principal at Condo Vultures.

Latin Americans, Europeans, and Asians, who Zalewski says represent as much as 80 percent of new buyers in the area, are willing to plunk down deposits of more than three-quarters of the price.

Zalewski predicts that Miami’s downtown condo market will reach full occupancy early next year, compared with 8 percent vacancy now—even as 4,500 new condos become available across South Florida. “The speculator seeking riches has always been the common thread in South Florida’s boom-bust cycles,” he says. “The only change today is the extent of foreign investors with strong currencies flooding in.”

That article included this review of new beach condo prices in Latin America.

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Based on these figures… the Ecuador coastal condo below is less than 1/6th Miami prices… about 1/9th Bogota prices… 1/15th Sao Paulo and 1/19th Rio prices.

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This Ecuador coastal condo has great patios and is offered at about $72 per square foot.

Jean Marie Butterlin head of the Ecuador Ateam on the coast sent this note about an Ecuador coastal condo near Salinas.

Here is a nice deal!

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This is a house in a private residential community in Capaes, near Salinas.

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The house comprises two 2500 Square foot condos.

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Each condo has 5 beds, 5 baths, covered garage, large kitchen – full (fridge, stove, micro, etc), large laundry room with W/D, a large full suite for guard and help.

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Here are…

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some…

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interior views.

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Price $180,000 per unit.

For more information contact Jean Marie at jean@ateamecuador.com

Learn Spanish in Three Days!

Gary

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.

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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.  

Existing members please go to your password protected page.

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.

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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.

You can read that article in Spanish here.

See a Google translation to English of the article here.

 

 

 

Read Business Week article Foreign Buyers Heat Up Miami’s Condo Market

 

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