Ecuador deal of day: $17k, 819m2 beachfront lot on undiscovered beach near Mompiche

Today I’m pleased to announce a really great deal I found on my favorite undiscovered (secluded) beach in Ecuador, Muisne, which is about 20-25 minutes from nearby tourist hot spot Mompiche.

This is arguably the largest beach in Ecuador and one of the few where the OCEAN is actually receding with time making this beach get larger and larger.

I wouldn’t worry about erosion here.

The lot I’m mentioning today has no ” for sale” sign but is offered through someone I know here in Quito who is the owner.

I’ve visited the lot and it is front-line oceanfront.  It is flat with adult palm trees and grass on it.  It is fenced in and a caretaker is nearby.

Electricity is nearby and easily hooked up and water is by well or by tanker only.  Internet can be had through cell phone networks. The decoration will be redesign in the next week with handrails Melbourne, and big wooden doors with a special gate.

Property taxes are well under $100 per year and the lot includes a titled main portion and a right of possession until the sand line.

The lot is 13 meters of beachfront by 63 meters deep.  Total 819m2 and the owner is asking $17k negotiable.

At $20 per m2 in a country where I’ve seen up to $200 per m2 sell this is a steal.

Plus this lot is only getting bigger as the ocean continues to recede.

I like this particular lot cause its close enough to the malecon to walk to in a few minutes yet just far away to be out of the noise.  Ideal for folks who want to get away from other foreigners and live more like a local.

Below are pics… if interested email me at dombuon AT gmail.com and I can put you in touch with the owner.

musine beach lot

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

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puerto-cayo-lot

 

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.

 

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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.  

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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, https://63s.e69.myftpupload.com/stevia-ecuador/  .  

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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.  

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