Sunday, August 19, 2012
Dear Reader,
Today, we're going to look at what you can buy on a $100,000 real estate budget in Latin America.
That's not a very big budget. But it goes a very long way in some locations. In fact, it will buy you a condo in a colonial city or an ocean-view home if you know where to look.
Read on to find out just what you can get for $100,000, or less.
Pick #1. Pacific Riviera, Nicaragua. Lot: $75,000
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This coast is stunning. It's a mix of sheer cliffs, unspoiled sandy beaches, crashing surf and rocky outcrops.
This lot is in the premier community on this Pacific coast. It's established. It's already got a clubhouse, restaurant and pool, grocery store, equestrian center and organic kitchen garden.
You'll enjoy exploring the community's 2,700 acres of rolling hills and forest. And you'll love its five beautiful beaches where you can swim, surf, sunbathe and unwind. This ocean-view lot is close to one of those five beaches. It's priced at $75,000. You can get a full information package here.
Pick #2. Salinas, Ecuador. House: $79,000
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Salinas is a fun resort city on Ecuador's southern Pacific coast. But it's not just a resort city - it's full of year-round amenities, too. It's got supermarkets, a large produce and seafood market, restaurants and cafes, a movie theater, banks, clinics and hardware stores. And it's home to a small but growing group of expats.
This 1,400-square-foot house is only two blocks from a very nice beach in Salinas. It's well-maintained, with three bedrooms and an open-plan layout. You can find out more here.
Pick #3. Cuenca, Ecuador. Condo: $84,900
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The city of Cuenca sits in Ecuador's southern highlands. It's a pretty location, with perfect weather - warm and sunny by day and cool at night. The city hosts 200 cultural events a year, including opera, jazz and film festivals. And it's regularly voted the world's top retirement destination. Yet it's still very affordable. This two-bed two-bath condo comes with a private garden with views over the city. You can get more details here.
Pick #4. Jama, Ecuador. Condo: $87,600
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Ecuador's north Pacific coast is unspoiled and undeveloped. It's also undervalued - for now. A new road is opening this coast up to tourists and property buyers and we're already seeing prices start to rise.
In this small beachfront community, you can buy a condo for $87,600. You'll see the ocean and feel the ocean breeze from your condo. And it's only a short stroll to the beach in the photo. You can request more information here.
Pick #5. Las Terrenas, Dominican Republic. Condo: $75,000
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Las Terrenas is the perfect beach spot. You'll find gorgeous beaches, bright blue seas and plenty of coconut palms. But you'll also find gourmet restaurants, friendly bars, a French bakery, an ice-cream store and even a Turkish sauna in this cute little town.
This one-bed one-bath condo is centrally-located, in a complex with a pool. It's close to shopping, restaurants, cafes and pretty beaches. It's priced attractively for a new condo in this location. You can ask for more information here.
Pick #6. Arenal, Costa Rica. House: $95,000
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Arenal is pretty as a picture: a lush landscape of mountains, lakes, volcanoes and forests.
You'll find good food, a great outdoors lifestyle and an active expat community here - and some exciting real estate deals.
This newly-remodeled two-bed one-bath home comes with an additional two-bed cottage. The price has just been reduced to $95,000. Get more details here.
So, six picks that prove that a $100,000 budget will go a long way.
If you're interested in any of these properties, contact the brokers and developers today to get a full information package - before someone else beats you to it.
Margaret Summerfield
Posted Under:
appreciation potential, affordable, budget property
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