How to sell your property in Ecuador… Fast

salinas property

A view from the front of the lot. 

For six weeks I put the sale of a beachfront lot I purchased for resale on hold while I built 3 tiki-style beach huts on the southen coast of Ecuador on a different oceanview lot in time for the upcoming rentals high-season here (late Dec- early Apr).

Now as I mentioned earlier this week, I’m finished building so I’ll focus back on selling the beachfront lot I purchased to resell.

It’s a good lot.

In an area with great potential for short-term growth, flat, on a small bluff elevated about 15 feet over the ocean, 475 m2 (5112 ft2), right on the beach with no road in front, 25 minutes from Salinas in a small, non-commercialized fishing village right in town near water/electricity and I’ve decided to ask only $16k with hopes to sell it quick.  That’s roughly $33 a square meter which for beachfront is a good deal in this area of the Ecuador coast where I’ve seen similar beachfront lots sell anywhere from $35-200 per m2 for smaller lots like this one. For power washing decks, one needs to have perfect knowledge and research work. Power washing or power cleaning decks done with the help of an expert concrete company brings good results. It is as good as invested money brings nice returns but any mistake done by you or the professional can lead to heavy damages. Therefore I suggest giving this work in the hand of some experienced and old company. There are four stages in pressure washing deck. First step is obviously choosing the right concrete company for carrying out the task, second step is choosing supplies, third step is spraying and the last step includes additional techniques and methods. If all these steps are performed well and with expertise then your money invested on pressure washing deck gives great result. Power Washing Experts | H&A Power Washing Queens have the tools needed to clean all fencing and decking materials. Whether you’re dealing with a wood deck or a vinyl fence, you can guarantee that we’ve got you covered. We’ll find a way to clean up the mess for you no matter what.

My initial marketing strategy will be three-pronged, simple and inexpensive, we’ll see if and how fast it works…

1. List with 1-2 local real estate agents in the Salinas area.
– Exclusivity is neither expected nor respected in Ecuador by most property sellers, sellers usually sell a rental property through multiple agents list and promote their property and pay the commission to whoever sells it first.  I’ll aim to get the lot listed by a few of the Salinas agents who I know really sell properties, and there are also some other resources which you can find in this Homepage which can help you selling your house.  Not all agents in Ecuador actually can sell!  Property corner also provides the best agents that helps very efficiently and may be best agents for you.. I’m happy to offer 3-5% if an agent can help find me a buyer and show my lot, well worth it.  I value marketing and sales cause I’m a marketing guy myself!

2. Publish ad in the major local newspaper.
– I plan on taking an ad in the Sunday classifieds of El Comercio, the major local paper in the area, in Spanish targeting the local market.

3. Post on the net (in English) targeting the English-speaking market abroad.
– On my own site EcuadorRealEstate.org where I let anyone selling property in Ecuador under $50k publish for free, or for $20 a month if they are looking to promote a property asking more than $50k.

– Publish ad on Craigslist in English aimed at the foreign market interested in Ecuador property.  It’s free and it’s popular worldwide and a great way to get the property in front of more eyeballs looking for real estate in Ecuador.

– Post on Viviun.com , Its a high ranking site where I can pay a small fee to get my property for sale in front of even more eyeballs looking for Ecuador land.

Hopefully in one of my next updates you’ll learn as I learn through the sale… 😉

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