Sunday, August 29, 2010
A classic Costa de Oro (Gold Coast) sunset
Dear Reader,
If you're dreaming of owning your own place in the sun, but think your budget won't stretch to a beachfront home, read on...
We've found a coast with 1400 miles of seashore, and sapphire Pacific ocean. And on the southern shores of this coast, along the Costa de Oro (Gold Coast), the real treasure is low-priced beach property. For a beachfront condo, you'll pay just $57,600....or you can bag a 3-bed ocean view home for $68,000.
Until now, this country's southern coast...with miles of unspoiled, pristine beaches...was overlooked. But that's changing...
Some of The World's Most Affordable Beachfront
Here, you'll find mile after mile of breath taking beaches...washed by the deep-blue Pacific. You'll likely have the beach to yourself...and the warm tropical weather for enjoying a quick dip. And you won't have to sacrifice home comforts in this affordable paradise...
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Having spent many months exploring the length of this country's Pacific coast, we identified a number of small towns and beach resorts which offer the best values...including sophisticated Salinas with its exclusive marinas, sandy beaches and incredibly low-priced properties.
We'd like to offer you the chance to discover this stretch of coast for yourself...focusing on the bargain buys and hidden gems...at an unbeatable price. And you can save $50 on the ticket price if you reserve your spot soon. But more on that in a moment...
At Pathfinder, we search for real estate markets poised to boom. That could certainly happen here. Ecuador's coast reminds us of parts of the Pacific coast in Nicaragua and Costa Rica, before the real estate boom in those countries, triggered by an influx of foreign buyers.
Ecuador's coast is now on the radar of an increasing number of overseas property shoppers. Faced with economic uncertainty in the US, they're exploring more alternatives. They want a lower cost of living, and a lower-priced home. They want to cut costs without cutting their standard of living. Ecuador's coast fits the bill.
Right now, you can find some of the world's best-value beachfront here. Undervalued beachfront in one of the world's lowest-cost retirement havens... you can guess that won't be overlooked for too long...
A $57,600 Condo in an Exclusive Beach Resort
About 90 miles from Guayaquil, Ecuador's largest city, Salinas has long been a vacation home destination for Ecuadorians. This is Ecuador's "in" playground...perfect for sunbathing, boating, surfing, and sport fishing. Residents and visitors enjoy the sun and water sports during the day. The evening is for enjoying fine dining and the vibrant nightlife.
A jetty divides the beach almost perfectly in half, close to the docks of Salinas Yacht Club. The sandy half-moon bay on the north side, where most of the action takes place, is Salinas Beach, lined with upscale high-rise apartments, hotels, restaurants, and shops. To the south is Chipipe Beach, quieter and more family oriented.
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You can own a condo with an exclusive yacht club and sandy beach just steps from your front door...for $57,600.
The Puerto Lucia yacht club attracts an international crowd of sailors and sport fishers...and well-heeled Ecuadorians, seeking a quiet, upscale neighborhood to raise their families.
A development here, Spondylus, is minutes from grocery stores, a shopping mall, a country club, restaurants, and medical clinics. Plans for the condo community include 24-hour security, an oceanfront social area, a gym, pool, Jacuzzi, sauna, and secure parking. The first tower is nearing completion, and only a handful of units remain. Ocean-view condos in the development start at only $57,600, for a 650-square foot unit.
If condo living is not your scene, check out the quiet beach town of Ballenita, ten miles north of Salinas. In a private community, just across from the beach, is a 1250 sq. foot townhouse for $58,000.
And $120,000 buys you a beachfront 3-bed home... complete with furniture.
A Unique, Undiscovered Beach Town
Fifteen minutes outside Salinas, you'll find Ancon, an undiscovered, unique beach town. This town was a hit with some of Ecuador's earliest expats. It slipped into anonymity in more recent years, but is regaining its popularity.
For now, it's Ecuadorians based in the US that are buying second homes here...but expect a stampede of North Americans once word gets out about this place. An ocean-view home with 3-beds and 2-baths in a large lot is $68,000... a fully restored 4-bed 2-bath home on two-thirds of an acre, with more than 70 tropical trees, is $100,000...and a 3,000 square foot home with breathtaking ocean views is $150,000.
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To get an up-close look at some of the most exciting, best value properties in Ecuador's Southern Pacific, take a tour with Amy Pinoargote, one of the Spondylus developers. Amy runs real estate tours in and around Salinas. She's an expat herself, originally from the US, and married to an Ecuadorian. She uses her local knowledge and connections to find the best properties--at the best price. Amy won't give you a hard-sell sales pitch on the tour...instead, she'll help you uncover this amazing location, and give you the lowdown on what it's really like living here year-round.
You'll see all the towns we've mentioned, and the properties...Spondylus and the Puerto Lucia area (of course), properties in Ballenita, and Ancon, the former expat haven that's now home to some amazing bargain homes.
The tour costs $499 per person if you reserve by close of business on September 20th, and $549 per person if you reserve after that date. The next tour runs October 20th-24th, 2010. The tour price includes four nights' accommodation, transport and some meals. A welcome cocktail on the first night gives you the chance to meet expats who have made the move already, and get the lowdown on what it's really like to live here. If you'd like more details, contact Amy here.
Ecuador is the place to go to make your retirement dollars stretch even further...and this applies not just to lifestyle, but to real estate values, too. This is where you'll find some of the worlds cheapest beachfront... where you can still afford that rare opportunity to live just a couple of steps from the sand.
Currently overlooked, Ecuador's coastline will be next on the list for U.S. retirees and vacation homebuyers. These low values won't remain low for much longer. I strongly urge you to check out this affordable stretch of Gold Coast sooner rather than later.
Margaret Summerfield
P.S. Don't forget, reserve your place before September 20th to secure your $50 savings on the ticket price. Spaces are strictly limited...so don't delay, book today!
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