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Ecuador MLS September 2010 Update.

The listing of the month is a Cotacachi house for sale.


Merri and I have been buying and selling real estate throughout Ecuador for more than a decade… and though recent trips have not been to Cotacachi… (we have Ecuador real estate in the cloud forests and on the coast that need attention also),  Cotacachi still holds a special place in our heart.  We have a hotel, and several houses and apartments there.  Cotacachi is where we call home in Ecuador.

House and condo builder, Jorge Quilambaci, also has a special closeness with us.  He built our first house in Cotacachi, of adobe, which we still maintain, so we especially stayed in touch with him as he built two more Cotacachi adobe houses like ours next door and just below our house.  We talked Jorge into adobe as this is the original Andean building material (and we believe) most comfortable and… natural as it breaths.

Checking out the construction of the new house last year with Jorge…



We especially like this construction since the view from our house overlooks these new houses.  Jorge is a master at making the gardens beautiful.


Here is Jorge in front of some of his gardening at Jardines de Pichavi where this Cotacachi house is located. This improved our views with the gardening.


Jorge added some specials in this garden including a cupola and…


sitting area designed to perfectly catch the sunrise.


Here is Jorge in the sitting area enjoying the morning.

Like our house… he put wonderful design in the ceilings…


finish and…

Jorge added some specials in this garden including a



Thus I was not surprised when this adobe house sold quickly.

Now one of these Cotacachi adobe houses is available for resale.  Owner Jim Lovell explains why in the paid advertisement below:

Cotacachi House for Sale

Gary, we would like to sell one of the two casitas in Jardines de Pichavi. We bought the house back in September and moved in the first week of March. We had all intentions on making this our Ecuadorian retirement home but as things have turned out we need more room. The house is absolutely perfect for two people but it might prove to be a bit cramped for more than that.


We have $90,000 invested in the house, actually a bit more than that, and this is the price we are offering.  All we want to do is get our money out of the house so we can build a larger place.

Here are some of the features:


* Two bedrooms

* Two baths

* Fireplace in living room (kiva style shown above)

* Approximately 1600 square feet under roof

* Balcony with custom wrought iron deck railing


* Unique 247 square foot bodega with 110v/220v power

* Oversize kitchen cabinets

* Custom vanities in both baths

* Glass block shower enclosure

* Granite counter tops

* Upgrade tile in both bathrooms

* Special order, oversized whirlpool tub in master bath

* All plumbing & electrical fixtures imported from USA

* Deep, recessed double ss sink

* Concealed perimeter lighting in all rooms

* Large built in dresser in master (12 drawers – 7.5 feet long)

* Two zone, monitored security system

* Direct TV

* Saltillo tile throughout (including bodega)

* Custom fireplace enclosure

* Special wiring


This is really a great house. Jorge did a bang up job on it and we are very pleased with the results.


For more information on this Cotacachi house for sale contact me… Jim Lovell at jrlovell@hotmail.com

If this house has not sold previously,  Jean Marie Butterlin will include this on upcoming Imbabura real estate tours. See the schedule at the end of this MLS update.

The properties below have been listed on our Ecuador Living Multiple Listing of Ecuador real estate.  This may be the first national MLS that shows Ecuador real estate in all parts of Ecuador.  Note that descriptions and comments come from the seller.

Ecuador Living subscribers can see the full password protected multiple listing service with full details and seller contacts here.

To lean how to subscribe and gain the password click here

Place your ad for Ecuador real estate for sale here.

Ambato Rental Units For Sale.


HERFREI I consists of four floors.  On the first floor there are three store fronts:  One is appx. 235 square feet, one appx. 255 and one appx. 319 square feet. The second and third floors are two bedroom apartments.   Apartment # 1 and # 3 are 689 square feet. Apartment # 2 and # 4 measure 825 square feet. The penthouse measures 1,431 square feet.


3 shops and five condos. $399,000.

Atuntaqui. 2.5 acre compound with two houses, dormitories, and spa with Turkish bath, sauna, hot tub, basketball court, football (soccer) field, plus an organic peach and citrus grove and organic beans and corn.

The asking price is $170,000 but the owner is seriously ill and asks for all offers.


san vicente-pedernales-real estate

Gated community of 1/4 acre beachfront lots with homes that start at $99,000 with underground utilities, tennis courts, swimming pool, clubhouse.  This is in the friendly Jama/El Matal  community on Ecuador’s beach.



Crucita Beach Lots

Two beach from lots.  12,000 square feet each.


Asking price is $70,000


Crucita Condos

Crucita Beach Condos


The floor plans include 1-3 bedrooms (see pricing table below for floor plan details), 2 baths, kitchen, living room and dining room, laundry room, and an ocean view balcony.


Annual taxes for your beachfront condo will be $40 or less.

Services such as Direct TV and internet are available. The cost for Direct TV is currently $120 for the installation and $30/month. Internet is also $30/month.

Photo taken February 2010.


Panoramic view, March 2010. Condos are bottom left on beach.



Brand new apartments near 5 Star Oro Verde Hotel are offered at just $42,000.


four blocks from the center of Cuenca.


Cuenca condo kitchen

Cuenca 10 unit gated community. Two townhouses.  The 1600 sq ft 3BR, 3 bath units have solid wood cabinetry, doors and windows and feature an open floor plan connecting the living area, dining room and kitchen for $89,900. These units are within walking distance of supermarkets, shopping malls and some great restaurants for which Cuenca is renown.




Cotacachi Houses for Sale

Cotacachi House in Primavera


Two bedroom, two bath… appx. 1,000 square feet. $69,000.

New development. 3 bedroom 2 bedroom Patricio Falconi homes.


These houses sell at a premium price… about $80 a square foot compared to the standard $65 a square foot but offer premium construction in an ideal location, privacy, excellent construction and design and exquisite views.

Famous Artist Construction

Cotacachi Estate.


A famous artist in Ecuador is moving and this estate is for sale. $599,000

San Miguel lots for sale.


Cotacachi Condos

Primavera II,III and IV

cotacachi real estate

3 bathroom, 2 and 3 bedrooms $46,500 to $54,500.

Quality & Style


Three size condos, appx. 1,300, 1,500 and 1,750 square feet…prices starting at $49,000.

Cotacachi Apartments

4,000 square foot building with three rental units… each earning $650 per month.


Central location and fantastic views.



Cotacachi townhouse condos. 1,200 square feet, two story.



Cotacachi Farm

Listing of the month.  Dairy Farm FOR SALE


There are 33 acres.


The house has…


seven rooms plus…






a charming…




bar area and…


charm… inside and…


out. Here are…


delegates on a recent real estate tour conducted by Jean Marie Butterlin.

The dairy operation returns appx. $250 per day from sale of milk.


Asking price $850,000

Cotacachi Organic Tomato Farm SOLD.

This six acre organic tomato farm near Cotacachi was sold.


Here is the Ecuador organic farmer with our driver Jorge, Alberto Verdezoto and Peggy Carper.


We are told this sold for $85,000.

Guayaquil House


2 story, 3 bedroom, 3 bath home.  Large European style kitchen, guest bathroom, foyer, living room dining room, laundry room and a very large backyard. Ciudad Celeste  is near the Babahoyo river.   Upgrades on closets, lighting and cabinets.

This is a gated community with tennis court, olympic size swimming pool, social area, gym. Maintenance fee is $55 a month.  The house is in a gated community with lots of green areas.  The house sits near a park. Internet and cable ready. The area is full of trees, palm trees, tropical plants.   It is located in Via Samborondon, km 10.5.  Call in the USA 718-343-4309 or cell phone 917-526-7012 email: Leonorabril17@aol.com.  Call in Ecuador. 208-7614, cell: 087911596 email: Souline1@aol.com.


Ibarra houses


Prices range from $70,000 to $90,000.

Gated development is about two miles from San Antonio de Ibarra. Three miles from Ibarra. It has very good quality construction, 24 hour security, and three floor plans.


Floor plan 1 is 1,130 sq. ft. 3 bedrooms, 2 1/2 bathrooms on a 1,200 sq.ft. lot at $49,760.

Ibarra rental cabins and golf course for sale. Includes indoor-outdoor  restaurant and six cabins on 22 acres currently used as a nine hole golf course with 900 feet of lake front (big lake) and a two bedroom, 1 bathroom house above.  Subdivision plans are partially complete. Here is the outdoor portion of  the restaurant.   The asking price is $860,000.


Ibarra 12 acre avocado farm. The avocados are flowering for their first crop and we are told they will offer a $50,000 a year income after two years… $25,000 potential this year.  SOLD


Asking price with two houses is $260,000.  SOLD

Ibarra 1,500 square foot house with three outbuildings and seven acres planted in alfalfa.


Asking price $80,000.

Ibarra Fixer Upper. Three bedroom house over 2,000 square foot house.


The asking price is $45,000 but as its in a bad area we are guessing that a $29,000 offer might even work.


Ecuador Luxury Villa in Loja, Ecuador

loja-ecuador-villa-for- rent tags

Accommodates 15 guests… perfect as B&B.  For sale or rent.

Malacatos, near Vilcabamba and Loja


The TV room at Timbuktu.


Timbuktu is in the valley of Malacatos which is a valley that neighbors Vilcabamba, (10-15 minutes by car).   The house is close to the village of Malacatos in the Landangui neighborhood in Loja Province.

This area has the best climate of the nine climates available in Ecuador.  It is warm year around… not hot… not humid. Temperatures range between 72 ºF and 86 ºF (22 ºC – 30 ºC) during the day and 54 ºF – 61 ºF (12 ºC – 16 ºC) during the night.

A 25-30 minutes drive reaches the capital of the province, Loja, which has modern supermarkets and all modern conveniences.

This is a superb house in one of the best climates in the world.


The building was built to high English building standards and received a plaque for quality of architecture when the building was finished in 2002.

.79 acres and has 8,600 square feet of construction including the villa in the back right-hand corner.

The house is at 5,000 feet elevation.  The swimming Pool is 60 ft. long.


Timbuktu has been used as a private home, restaurant, hotel, for wedding receptions and as a conference center. The guests have come mainly from the provincial capital of Loja..


The asking price of $575,000 is below the construction price…


Brand New Mindo House


Three bedroom, three bathroom house on river in Important Birding Area cloud forest 2 hours from Quito.

Fully furnished in gated at $245,000.  See more details here

Mindo House

The House has an incredible view, surrounded by nature. As you know Mindo is considered the paradise for birdwatching. Near the house is the Mindo Nambillo Protected Forest. Very nice. Another important thing is that the house is new.


The house is about 1,550 square feet and sits on a lot of 8,500 square feet. It has three bedrooms, three bathrooms, dining room, living room, kitchen and a porch. Utilities (electrical service, water, direct TV, internet and phone service) are available.

The owners are asking $55,000.

Montanita Beach Ecuador

This property offers living and investment opportunity available in Montanita, Ecuador.


Asking price is $285,000

Otavalo Real Estate.

Brand new houses for sale.  This Otavalo Ecuador real estate project ranges between $65,000 and $95,000 for very nice houses overlooking Otavalo.


The house we visited was 3.5 bathrooms, 4 bedrooms, two dens, living, dining and kitchen areas plus small back yard.  Approximately  2,300 square feet at $95,000 asking.

Otavalo 4,000 square foot mansion on four acres. SOLD


incredible garden acreage.


The next property is a 4,000 square foot mansion on four acres.


$400,000 asking… incredible gardens. SOLD


Otavalo Lake Property. Fully furnished house built in the 1970’s. 2,895 square feet construction in 4 bedrooms, 2.5 baths, 2 living rooms, 2 dining rooms, kitchen/nook area, game room, porch and balcony.  Care taker quarters are attached, plus a garage (for boats and car).  Land includes 900 plus feet of lake front.  SOLD


Otavalo View  property. Sloping 10 acre corn field with outstanding 360 degree views.


The asking price is $200,000.


Otavalo Hotel. 16 room hotel and restaurant in Otavalo.  SOLD

Quito Suburbs

Here is an Ecuador First class home for sale.  One of the most stunning communities … not just in Ecuador… but anywhere in the world and at prices most can afford… less than $91,105.


Economic conditions make it hard to earn safe income from savings now. Those on pensions and fixed income are squeezed. Everyone has increased risk. One way to resolve this problem is to live where costs are lower.

Ecuador is a safe country where prices are still low. You can own a nice home for $49,000 or go first class and live in paradise for less than $100,000.  $91,105 to be exact.

For those who want country living near a major city Pakakuna Gardens may be one of best places there is to retire.


If you are looking to live paradise, near a big city but amidst acres of private gardens then you should investigate Pakakuna Gardens on the outskirts of Quito Ecuador.  See more details here.


Five bedroom townhouse.  This is a small complex with cobblestone streets and a nice pool area.  It is about 1/2 a mile from the beach, conveniently located to shopping.




This is a 5 bedroom townhouse for resale in Spondylus I.  It is listed at $79,000.  It is a small complex with cobblestone streets and a nice pool area.  It is about 1/2 a mile from the beach, conveniently located to shopping.


Living area



San Clemente Beach

Ecuador B&B opportunity.  This is an Ecuador bed & breakfast for sale with a very low asking price (shown below). Hammocks and pool plus…


many wonderful features. Room to expand.


San Clemente condos


2 bedroom, 2.5 baths, ocean view 133 steps to the beach. $79,0000 t0 $89,000.

North Ecuador Beach Lots


New project on 153 acres that runs along the Pacific Ocean, and limited at the other end by the Highway called Ruta del Spondylus (formerly Ruta del Sol) offers more than 1500 lots from 150 to 500 square meters (1500 to 5000 square feet). Prices start at  US$5,000. ($2.50 per square feet) with 60 month financing and 25% deposit down or a 15% discount o


Low cost house near Vilcabamba. Located at 200 meters above the town of Malacatos in south Ecuador.  Six  minute car ride to Vilcabamba. Planned gated community on top of a mountain, with all the amenities and comforts, including the beautiful view of 5 hectares of intensive organic farming; ornamental gardens and local species reforested area, 3 km. of beautiful walk paths, 3 recreational areas, pools and much more.


Model II US$66,480 for this 1,087 square foot single family home. The price is  $37,500 for construction and  $28,980 for the lot.

Vilcabamba Estate

vilcabamba estate

The Main Residence is 5,300 square feet with an additional 2,972 square feet of porches and balconies. There is a large stone-walled slate-floor patio and three large fish (tilapia) ponds in front of the main house. One of the ponds has an island with a gazebo. The home features four bedrooms and seven baths with granite and marble counter-tops throughout.

On the first floor, a beautiful Great Room features, an original full-wall horse-scene mural, an extraordinary fireplace with a natural stone-wall backing, exposed beam wood ceilings and trusses, oversized windows and spectacular views. The large kitchen, with a cross-pattern wood-beam ceiling, has custom cabinetry, a separate pantry, and granite counter-tops. Hardwood and ceramic floors, custom windows and doors, crown moldings, and skylights are featured throughout. On the first floor are three bedrooms (one designed for a live-in helper), three full baths, a powder room, a laundry and mudroom. The basement features a stone-walled wine cellar and a beautifully finished additional room.

The oversized second-floor master bedroom and sitting area has exposed-beam wood ceilings as do the separate his and hers marble bathrooms with walk-in closets. Off the master bedroom is a large balcony with spectacular views of the Andes Mountains and Vilcabamba River. The balcony wraps around the side and back of the house. Also on the second floor are a video room, an office, massage room and gym (with full bath) all with great views, and a wrought-iron lined corridor that looks down on the Great Room.

The Main Residence is surrounded on all four sides by porches. The porches are 10-feet deep on the front and open to a large 30-foot radius half-circle stone-walled patio in front of the house, perfect for outdoor parties, entertaining and dancing. Multiple flower gardens bring splashes of color year round.

The beautiful 1,500 square foot Guest House provides a Great Room with two large original horse-scene murals, two bedrooms and two baths with granite counter-tops, a loft in one bedroom, a kitchen with custom cabinetry and granite counter tops, seven skylights, a pantry with a granite countertop, and laundry room. Ceramic and hardwood floors and exposed beam wood ceilings are featured throughout. Three ponds and flower gardens front the main house and guest house.

The separate three-car ceramic-floor garage features custom windows and doors, exposed beam wood ceilings, a large attached work room, attractive pavers in the large garage courtyard and a two-tiered flower garden in the center of the courtyard.

The stone-walled guest-parking area, adjacent to the courtyard, accommodates four cars with ample additional parking in the courtyard.

The garages, main residence and guest house are connected by porches and covered walkways with rich exposed-beam wood ceilings.

The beautiful indoor sky-lit solar-heated salt-chlorinated lap pool which is thirteen feet wide by fifty-two feet long, and accompanying large Jacuzzi, are in a separate building adjacent to the main house.

A very attractive outdoor brick-oven building, adjacent to the main house kitchen, is located off the walkway between the main house and guest house.

A plant nursery is located near the organic vegetable and fruit gardens with three tilapia ponds as a source of fresh fish. Mature fruit trees include banana, mango, papaya, and avocado.

The beautiful horse stable features ten spacious stalls, a tack room, bathroom, kitchen, maintenance room and food processing stall. Separately, there is a gazebo-type structure for social gatherings after riding.

The world-class clay tennis court is surrounded by beautiful stone walls and has flower gardens in each corner.

The three-court volleyball stadium seats 250 people and is probably the best in Ecuador and maybe in all of South America.

A large orchard has about 50 citrus trees including orange, tangerine, lemon and lime.

Three large fenced horse pastures are on seven of the acre.  Price $3,229,000


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