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Here is a Bahia, Ecuador property update from Jean Marie Butterlin.

Bahia, the future Punta del Este of Ecuador

We just finished our last coastal tour of 2010 and delegates spent one and a half days in Bahia, San Vicente, Canoa and Jama.

By now everyone knows that the bridge above the Chone River is open, that the new road from San Vicente (just north of Bahia) to Pedernales is well underway and that the 4 lane road from Bahia to Manta should be finished within the next 2 years (which will put Manta at 45 minutes from Bahia), and that the airport in San Vicente is being upgraded.

All this new infrastructure has created a lot of interest so here is an update of what is happening on the real estate market front.

Bahia has maybe 20 apartments/houses for sale out of which about 10 are of any interest.  Prices are still lower than Manta at about $60 to $70/sq.ft.

Bahia-Ecuador

Here are delegates on our real estate tour looking at a 1,200 square foot Bahia condo offered at $76,000.

Bahia-Ecuador

The view is spectacular.  The completed bridge is seen in the distance.

Bahia has several new condo projects right on the beach. Three are in various stages of development, one sold out very quickly.  Another is 40% sold and construction will start in January for a completion in December 2011 at prices ranging from about $80/sq.ft to $115/ sq.ft.   This is a good option if one can wait.

I have negotiated some freebies with the developer for our delegates and Ecuador Living subscribers.

San Vicente-Canoa: There is growing activity in these areas right now.  Beach lots outside of Canoa run about $80/sq. m2 although there are distortions in this market.

canoa-Ecuador

Delegate at a Canoa beach…

canoa beach

restaurant.

For example we found two lots currently for sale in the $45/sq.m2 range.  These lots will be snapped is a deal that will be snapped up quickly.   Closer to Canoa and in Canoa lots can will cost anywhere from $100 to $200/sq.m2.

Canoa-Jama: There are 2 developments I like.  One in Coco Beach but all beach lots are sold so one must wait for resales.   One is in Jama where an Ecuadorian is buiding nice beach  houses in the $200,000 range with about 300 sq.m2 which have a nice terrace.

Jama-Ecuador

Here is a 3,000 square foot house on the beach…

Jama-Ecuador

in Jama for…

Jama-Ecuador

$180,000.

Back to Bahia and Rentals.

In Bahia there is a very good rental market and there are about 25 days of the year that earn such high rental returns that some owners make 6% to 7% of the condo’s value in less than one month’s renting!

Owners can then enjoy the condo for the rest of the year and have a nice income to cover some expenses.

Bahia has all the features to become the “Punta del Este” of Ecuador within ten years. I can see more and more of the nice yachts coming into the bay, the jetset flooding in during the Christmas season and more developments in the near future.

Bahia-Ecuador

Delegates on our tour viewed the yachts at the Bahia Yacht Club.

The town is clean, safe and has a brisk night life.  The views on the bay and the Pacific Ocean are just breathtaking.   There are not many places like this left in South America or elsewhere with such low prices.

We welcome you to come down,  Jean Marie.

The above note from Jean Marie on Mid Ecuador coastal real estate offers sun and sea… beauty and convenience from Manta to Bahia at a low cost.

Here are some of his tours:

Ecuador Mid Coast Property Tours

2011

Jan. 17-18-19

Feb. 25-26-27

Mar. 22-23-24

See details of these three days tours here.

Here is a paid ad for an Ecuador beach rental:  Montanita.

ecuador-beach-rental

For inquiries, please, do not contact me.  Please contact the owner, Kim Anh Whiting at whi06@co.henrico.va.us

 

You can see the entire offer at the owners’  Ecuador beach rental website  www.vrbo.com/299015

Ecuador Beach Rental Location: Montanita, Ecuador. (Guayaquil Airport) 184km/2.5 Hrs;La Libertad 1 Hr).

ecuador-montanita-beach-rental

Accommodations:  Villa, 8 Bedrooms + Sleeping Porch, 6.5 Baths (Sleeps 16-20).

This private Oceanfront Villa “Delfin Feliz” has eight bedrooms, six and a half baths, right on the beautiful Pacific beach between San Jose and San Francisco De Las Nunez. Located in a private, quiet, upscale gated neighborhood area 5 miles from Olon beach and 7 miles from Montañita; 25-cent bus ride from the front of the house takes 10 minutes. Montañita world-class surfing by day and restaurants/bars/dancing by night.

ecuador-montanita-beach-rental

Upstairs two master suite opens onto the huge balcony vista view to the Pacific Ocean. King-size beds.

Two more master suites downstairs, one opens to the huge veranda (can sit up to 30 people) with vista view to the Pacific Ocean. Total of four king-size beds downstairs and upstairs. Four more bedrooms downstairs with Queen and Twin and Single Beds. Full baths in between the rooms.

You will love this private villa. Great value for your money.

Beautiful landscaped yard with coconut palms, orchids, fruit trees, hammocks, and gardens. Surrounded by a wall for privacy with a gate to the beach; and brick wall with gate for car entrance.

ecuador-beach-rental

Our helpers, Francisco and his wife Nari, will greet you with a smile and make sure your vacation is most relaxing and enjoyable. They can help you bargain for fresh fish and vegetables daily on the beach side or in front of the house. Enjoy your vacation, leave the cooking and cleaning to them with a small fee, talk to them and they will do what they can to make your vacation a most relaxed and happy one.

Perfect place for a wedding on a private beach and family get together. The most beautiful vista view of the ocean for your surfing, swimming, sunbathing, biking, running and walking, or just relax on your huge veranda (seats up to 30 peoples) with beautiful bamboo cathedral ceiling. Let the ocean waves rock you to sleep or wake up to the sound of the humpback whales and dolphins.  Gaze at night hundreds of beautiful colorful stars for you to count.

The village of La Entrada, one mile to the north is where you will find a famous bakery.  Also you also will find small convenience stores and restaurants.

Our helpers can arrange taxi for you to visit Samai Spa, a 5 minute taxi ride from the house $3 dollars each way. Relax in the beautiful rain forest and have the best massage in the world.

Amenities:

ecuador-montanita-beach-rental

Washer

Dryer

Linens Provided

Covered Parking

Off Street Parking

Beds

King Beds (4)

Double Beds (4)

Twin/Single Beds (4)

Children’s Bed

Entertainment

TV (No Cable/Satellite)

DVD

Full Kitchen

Cooking Utensils Provided

Refrigerator

Dishwasher

Microwave

Catering Available: Contact Tania Turner at Samai Spa

Outdoor Features

Deck/Patio: Huge Oceanfront landscaped yard stepping down from veranda where you can sunbathe during the day and watch the millions of stars at night.

Balconies (2) : Beautiful vista view of the Pacific Ocean. Very private for your relaxation and intimacy moments.

Lanai: Huge Oceanfront veranda can sit up to 30/40 people. Beautiful sunset nightly.

View/Location

Beachfront

Oceanfront

Mountain Views

Other Amenities:

Helpers on site 7 days, 24 hours  a day and will perform housekeeping and cooking for additional fee.

Suitability

No Pets Allowed

Smoking Not Allowed

Activities (on site and nearby)

Shopping

Sightseeing

Restaurants

Rafting

Kayaking

Boating

Waterskiing

Parasailing

Shelling

Swimming

Snorkeling/Diving

Surfing

Windsurfing

Biking

Hiking

Fishing

Health/Beauty Spa

Other Activities:

Samai Spa/Massage/Restaurant 5 minute taxi ride, rock collecting on the beach.

Rent: 8 Brdm; 6 ½ Baths on the beach.

High Season (November through June)..$300/Night..$2000/Week..$7000/Month.

Whale Watching Season (July-Nov.)..$150/Night..$750/Week..$3000/Month.

Christmas/New Year Week (Dec/24-Jan/2) $4000/week.

Easter Week ($4000/week).

Payment Paypal Accepted.  Paypal fee = 4 percent add to the total payment.  Paypal account will provide at reservation.  50% down payment. Remainder: Must be Paid Before check in. NO CANCELLATIONS or Refunds. The above prices are for two people.

$50 weekly fee for house cleaning and linen change paid directly to the helpers as check out. Additional people and Long Term Rental Available for Special Prices.

Phone (804) 874-5276 or (804) 364-9198 (Virginia, USA)

You can see the entire offer at the owners’ Ecuador beach rental website  www.vrbo.com/299015

For inquiries, please contact the owner,  Kim Anh Whiting, directly at Kimmi0302@gmail.com

You may subscribe to the free Bahia report here if a form appears below or visit http://www.ecuadorliving.com/free-bahia-report.

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