Earthquake rebuild update from Canoa, Ecuador

This week I had the pleasure to chat with a friend that has lived since June of last year in Canoa, Danial Turner (not a property owner there).

He said he’s noticed a lot of changes in the picturesque town of Canoa, Ecuador on the north Ecuadorian coast which happens to be one of the hardest hit towns by last years April quake.

Hard to get an official count, but many agree about 30-40% or more of the town’s buildings came down.

According to Danial, he said Canoa is rebounding nicely, with a lot of vacant lots where buildings/houses used to be.

No more tent cities now as was the case when he arrived in June of last year.

He said the enormous government project which was going to occupy a whole city block on the beach has now been nixed. (Thank God.)

He said basic services are now fine, electric and water outages are rare, and the town even has city sewage treatment, a service most places on the Ecuador coast lack (they use septic tanks).

Carnival last weekend, normally a holiday weekend that produces a packed house for the town, was underwelming but not bad.

Many businesses have re-opened like the Surf Shack, an expat mainstay, where they have gringo nights on Tuesdays and he himself cooks on Thursdays (Danial is a retired world-class chef).

Friday night try the Suki bar where they have a new cook from England who is doing a great job.

He said there is a big new grocery store in town doing well also.

And that many of the condos owned by expats to the south of town have been repaired and are occupied once again.

He said security is not an issue as a big gringo he has not had any incidents and that the waves are still as good as ever!

He said tourists and expats have started to trickle back but still not coming in the numbers they were before the quake.

Big, new construction projects are still generally non-existent. Sounds like the big money is still spooked.

So next time you’re in the area give Canoa (one of my favs) a shot! You’ll be glad you did.

Hasta pronto, if you liked this you’d love my Insider’s newsletter on living and investing in Ecuador,

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