Puerto Cayo

$110,000

Believe it or not, this was my 1st purchase in Ecuador four years ago in the beautiful coastal town of Puerto Cayo. The town is located just 45 minutes south of Manta, the largest city on the coast, and directly on some of the most beautiful secluded white sand beaches in Ecuador. Look what the owner has to say!!!

We are selling our beachfront property in Puerto Cayo, Ecuador, and if you are looking for a beautiful, inexpensive property in a country where property prices are at the bottom of the S-Curve, this may be for you! See photos attached!

THE PROPERTY:

A gorgeous ½ acre beachfront lot, zoned Commercial/Residential, in the cute little fishing/tourist village of Puerto Cayo, which is a 40 minute drive south of Manta, Ecuador. This lot is at the end of the proposed future “malecon” which is the “beach stroll” for the town. Great future potential for appreciation & dwelling development! Construction costs are $30/square foot in Ecuador for beautiful construction!

This property also includes a second ¼ acre lot directly across the road (away from the beach)!

We have received a Title Insurance Commitment from First American Title and the title policy will be issued shortly.

There is electricity to the lot line, water pipes across the road, and easy access by road beside the property. Beachfront restaurants and the town center are about 500 meters away. Costa Rica beachfront lots are about $500,000 now. Nicaragua beachfront lots are about $150,000 now. Here you get a half-acre for way less! What do you think these prices will be in 5-10 years?

Check out www.internationalliving.com if you want to see what kind of future, in-migration and value Ecuador provides!

Price: CAD $110,000.00

TERMS AVAILABLE:

Some owner financing will be available. We are open to considering up to $50,000 as owner financing, over a few years, at a reasonable interest rate.

POSSIBLE TO BUY AN INTEREST FOR AS LITTLE AS $10,000!:

The title to the property is held in a Belize IBC and shares are sold to transfer ownership. You own half the shares, you own half the property! We are open to selling off a portion of the property at a time. For example, maybe you want to buy a quarter-interest. Then you would pay $27,500 and would be granted 12,500 shares, which are ¼ of the total 50,000 shares available. Or if there are 11 of you, each person puts in $10,000 and gets a 1/11th interest in the property!

Your Agent for this listing

Richard Parker
Owner
Mobile: 0980815951
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