Ecuador deal of the day: $8,900 Puerto Cayo lot 100m to beach




Today I’ve got an interesting deal offered by a friend of mine in one of the top up-and-coming expat areas on the coast, and a place where I’ve invested too (so you can’t say I don’t put my money where my mouth is) Puerto Cayo.

Puerto Cayo is a quaint, safe fishing village about an hour south of Manta and 30 minutes north of Puerto Lopez.

There are islands just offshore making the ocean views really spectacular and arguably the best in Ecuador.

I met the seller of this lot, Chris a Canadian, about three years ago when he was renting my house in Manglaralto which I’ve since sold.  Since then he has purchased a few properties on the coast of Ecuador and has now decided to sell this one.

Its 212m2 and flat, good for building.  It has road access and is a short distance to both the main paved road of the coast and in the other direction the beach.  It is not beachfront but is a short 100 meter walk to the beach.

There is not an ocean-view from ground level but if you built a 2 story place with a rooftop terrace Im sure you could see the ocean from there.

He is normally asking a very reasonable $45 per m2 considering beachfront in the area is going for around $80-200m2.

So the total asking price is (45×216=) $9720.

But for three days starting today, Tuesday JAN 26, he has agreed to make a special offer to my subscribers for just $8900.

At the bottom of this email are pics.  the beach pic is of the beach out front but not from the lot directly. Contact Chris at Ecuador phone 0989273671 or email  [email protected] .  I have no affiliation with this property or seller so your own due diligence as always is important.


To be the first to hear about deals in the future, please sign up for my Ecuador Insiders newsletter, revealing everything you need to know BEFORE you invest in Ecuador. Unsubscribe at any time:

First Name
* Email
* = Required Field

How to get water to your crops in Ecuador

Many agricultural lots in Ecuador, like mine, get their water from a "sei-key-ya" which are tiny canals that have been spliced off a nearby river.  

But to actually get the water to your lot you have to go point by point down the sei-key-ya and redirect the water so it reaches your lot.  

The annual fee to participate is minimal, like $20 a year, but you are required to participate in "mingas" which are "clean-ups" of the mini-canals.  

Most folks then have resevoirs they fill then water their crops at their leisure.  

You then have to close the "sei-key-ya" to your lot and let it flow through or you could flood your lot, like I already did once cause I forgot to close the sei-key-ya once my resevoir was full.  

Sound complicated?  It´s not.  

A pain, yes, a little bit.  Glad I just leased the lot I´m farming until I learned this, much better to have your own direct water source like an on-site river or lake.  

To continue reading please sign up for my Ecuador Insiders newsletter, revealing everything you need to know BEFORE you invest in Ecuador. Unsubscribe at any time:

First Name
* Email
* = Required Field

pH setback with land in Ecuador

"I've never seen a pH like this." The part-time Stevia specialist said to me looking over the results of my soil analysis.  

The pH is over 8.  That's very alkaline.  Too high for a plant like Stevia.  The plant would grow but not produce as much as it should, he continued.  

The ideal, and what most soil has in Ecuador is around 6.8-7 which is a neutral soil that plants can thrive in.  

Now, there is a way to correct the pH in the lot, by injecting about a ton of sulfur, which would cost me around $500.  But there's no guarantee that would fully correct the problem.

So for now, another option I think I'll go with is another crop that is a bit more resistant to the pH.  

But I jumped the gun, live and learn I guess, and have already put a deposit down on the Stevia plants.  

I'm still VERY interested in Stevia, but now I have a bunch of plants due out the nursery and no where t put them.  

40,000 of them to be exact, at 30 cents each.  You can fit them all comfortably on about 8,000 meters of land.

In Ecuador they grow best under 2400 meters in altitude and if there is a daily or semi-daily water source.  

And now I need to find a new home for them, aka, another lot to plant them or someone who would like to buy them?  I paid 30 cents each,  could offer a nice discount depending on how many you buy, just trying to recoup my money here.  

So, learn from my mistake, wait for the soil analysis to come back before making decisions on which land to buy (or lease) and which crops to grow!  

Any takers on the perfectly healthy, ready to produce and live 6 years Stevia plants?  

They produce every three months and I already have a buyer in Quito lined up.  Please refer to this link for the specific production expectancies,  .  

To continue reading please sign up for my Ecuador Insiders newsletter, revealing everything you need to know BEFORE you invest in Ecuador. Unsubscribe at any time:

First Name
* Email
* = Required Field

How much do farms cost in Ecuador?

Good question.  

Sometimes in Ecuador it seems like the people actually selling their farm have no idea how much to ask as prices are all across the board.  Asking prices can be particularly high once a crop is already producing.  

But you can find a lot of farms for sale for under $1000 per hectare (2.2 acres).  

But when you inquire further or actually visit the farm you realize why they are so cheap.  

No road access.

Or very poor access in that you literally have to travel for a while on rough dirt road that will often get washed out during the rainy season.  Even still, some farms will force you to park and walk because they can not be reached by car.  

On the flip side, farms near a major highway (say within 15 minutes of driving) yet down an unpaved side road reachable by car usually go around $3-6000 per hectare.  

While farms with direct highway access usually ask around $5-8000 per hectare.

Next up, water.  

Does the farm have a river or two on or bordering the premise?  If it does, it´s worth something, if not forget about it as "well water" might suffice for building a residence on a property but not for actually growing crops.

Following that, overall remoteness, electricity, cell phone coverage and more play into it…  Like, how close is the farm to the nearest town where you can actually find workers and take your crops to market?  Important, indeed.  

For instance, this week, I was in the Santo Domingo area, about half way in between Quito and the coast in the coastal plain lowland region of Ecuador, and through a friend I found one interesting buy.  

A 16 hectare farm with direct highway access and several small rivers in a green, rainy area, electricity and minutes from a large town asking $60,000.  That´s just over $3500 per hectare.  

The owners inherited the property and have no interest in it and just want to liquidate.

In my experience, this is a good deal, having direct highway access gives you a lot of options like possibly building a restaurant (paradero) or guesthouse down the line.  

The area has a sub-tropical, mild, yet humid climate due to the median altitude of 950 meters (3100 feet).  

Many both cold and warm weather crops can grow here like sugar cane, citrus fruits, Cocoa, Stevia or more local varieties with local demand like Naranjilla, Palmito and Borojo. Also, coffee is a possibility.  

To continue reading please sign up for my Ecuador Insiders newsletter, revealing everything you need to know BEFORE you invest in Ecuador. Unsubscribe at any time:

First Name
* Email
* = Required Field

Which Ecuador residency visa option is best for you?

My brother is married to a Thai woman.  

Even still, when they go to live over there for part of the year, he still has to do "border runs" every month or so.  Even for him, residency is complicated!

Other countries, like the Philippines, or Colombia don´t force you to leave the country but every month or so you have to keep paying and paying to renew your tourist visa.  

Ecuador is not like that.  

Ecuador is one of THE EASIEST countries in the world to get residency, no doubt about it.  And after three years of legal residency you could apply and get a South American second passport which opens up the whole continent to you making it much easier for you to live in Colombia, Peru, Brazil or any of the other countries down here.  

But which visa is the LEAST hassle for you?  
Got a pension or disability income of at least $800 a month?  Or $900 if you want to bring a spouse?  Go for the 9-1 Rentista (Pensioners) visa.  This is the most hassle-free visa there is if you qualify.

Don´t have a pension or steady income for life you can prove?  

You could go for the 9-II Investors visa by investing at least $25,000 USD in a real property or a CD in a bank in Ecuador.  A mere pittance compared to the $500,000 USD the USA requires as investment to gain residency there.  Even other latin countries like Panama and Costa Rica require a much larger investment.  
But what if you don´t have or don´t want to put $25,000 down?

No problem, go for the visa I´m on, and the one that opens Ecuador wide open to young people with no pensions… the 9-V Profesional visa.  All you need is a four year degree from a university on their long list of accredited universities.  Then you need to get that degree vaidated by the Ecuadoran Institute of Higher Education, the SENESCYT, and apply, that´s it, you´re in!  And if your university is not on the list, no problem, you can still apply, but you just have to do an extra step to get your university put on the list.  No other country I know of has this visa option for literally ANY career type!  

What if you have no degree?  
I didn´t know this until I talked to an expert on the subject while preparing my Guide to Ecuador Residency due to be released in about a week, but you could also apply for the 9-III Investor in a personal business visa.  For this visa, you have to show investment in a business located in Ecuador in the "exporting, or industry or agriculture fields".  

​You place a value on all the inventory in the business equalling at least $30,000 USD.  Like my "$3000" lap top I´m writing on now.  Oh yea, and my "$20,000" car. This could include your home office.  A bit more complicated, sure, but it´s covered in my guide and the experts recommended therein could help you see it through.  Tough to do this one on your own but It´s an option if you don´t qualify for any of the other above visas.

To continue reading please sign up for my Ecuador Insiders newsletter, revealing everything you need to know BEFORE you invest in Ecuador. Unsubscribe at any time:

First Name
* Email
* = Required Field