And did I mention there are MANY smaller properties available right on the beach for sale by private owner… front-line beachfront. Most have ‘for sale’ signs, some don’t.
One two-story house is asking $62k. Another is asking less than half that but it is a tear-down, only the beachfront lot is worth something. There is also a 14-room beachfront hotel for sale asking $200k (negotiable).
It’s a true buyers market, a low-priced hidden gem, which can’t be said for many beaches further south on the coast.
Did I mention, you’re also just a half hour from the nearest airport (in Esmeraldas)?
But is it safe being near Esmeraldas and so close to Colombia?
Well, this place is south of Esmeraldas, and Esmeraldas is actually much farther from Colombia than people realize, being several hours south of the border. So in my experience, you’re fine. Esmeraldas itself gets a bad rap but the locals are actually quite friendly and Sua is still a bit of a distance from the city itself.
One negative to buying beachfront here might be that for many of the properties there is a malecon or boardwalk between the property and the beach, but it does not have much traffic (if any) other than the occasional pedestrian.
Also, for most of the year it would be quiet but for Ecuadorian holidays it may get noisy towards the north end of the boardwalk when restaurants place boom boxes outside their storefront to attract Ecuadorian customers (I know us gringos aren’t!)
But overall, I see real short-term potential for growth for Sua as the spill-over from beautiful Atacames has to go somewhere (and it can’t go north, so it must come south).
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