INVESTORS! ECUADOR CONDOS FOR SALE – $159,900.
Due to a 7.8 earthquake on April 16, 2016, this apartment is currently not available for sale. Repairs are in the works!
There are many Ecuador condos for sale, but this one is less than 100 yards to Chone River, at the mouth of the bay of Bahia de Caraquez. It’s just a few steps right to water’s edge. The view is magnificent and you’ll have warm ocean breezes year round. Come take a look and see why Bahia is fast becoming “the” destination spot on the coast of Ecuador. There is a reason for the large expat community here. Retirees from Canada and the US will tell you that this little town is the best spot on the coast to retire. Bahia has it all! You don’t need a vehicle. Walk several blocks to stores, restaurants and the local market loaded with fruit, vegetables, fish, shrimp, chicken, pork & beef . Then hail a tricyclo for just 50 cents to return home to these Ecuador condos for sale. Since December of 2014, Bahia also enjoys a Paseo Shopping Mall, complete with a food court (think KFC and Carl’s Jr.), hardware store, home goods store and super convenient grocery shopping.
Two for the price of one. Let me explain. This large, I should say huge, condo used to be two separate units and the original owners converted it into one large condo for their extended family’s beach vacations. It boasts over 200 square meters of living space; that’s almost 2200 square feet! It has 3 large bedrooms and 5 full baths! The spacious kitchen also has an adjoining maid’s quarter that could be converted into a large laundry room/ butlers pantry. Since this unit is on the riverside and not oceanfront, you’ll be able to enjoy the spacious balcony year round. This is a huge plus since direct Ocean front living usually brings strong cool winds from July – November during afternoons and evenings. There are many Ecuador Condos for sale that cannot offer year round balcony living.
ECUADOR REAL ESTATE
This condo was purchased by an investor from the states who planned to completely remodel it and put it back on the market. His stateside business is demanding more of his time than anticipated and he reluctantly is letting this project go. Now, someone can buy this condo and turn it back into two units and easily rent them or sell them. Remodeled condos are now selling for $1,200. – $1,400. per square meter making this an excellent investment opportunity for the right person. Just do the math! If you’re looking for an income stream just rent them out. There is pent up demand and short supply for rental units here in Bahia so finding tenants won’t be a problem. The good news is that labor and materials are cheap here and we know all the good maestros (construction superintendents) and we’ll gladly put you in touch with them!
Email us at info@EcuadorPropertyConsultants.com . You can talk directly with us one on one, or call toll free from the US 804-858-4289. Within Ecuador Contact Dave at 098-285-6951 or Miriam at 098-289-6208. Skype for Dave-dmcausey Skype for Miriam-mmmweaver
Click Ecuador Real Estate for our complete listing of properties for sale. Subscribe to get your FREE copy of the Expat Guide to Buying Real Estate in Ecuador.