“It’s a lot less than I would have paid in California for beachfront property,” a client confided in me after paying about $600,000 for a beachfront property in Canoa.
“Wow,” I thought.
That’s the totally WRONG way to think about prices when property shopping here in Ecuador.
It’s like comparing apples to oranges, Ecuador has no comparison to USA property!
You’ve got to learn the market and sub-markets here before investing!
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