Ecuador for Investors – Page 162

Ecuador Economy Update

This week on the Ecuador Insider’s Newsletter I’ll uncover some interesting facts about the current state of the Ecuadorian economy…sign up below to be sure you get it (you can unsubscribe at any time):

What Would You Tell Someone Before They Buy in Ecuador?

Come visit first, stay in a travelers hostel if you want to meet people, doesn’t matter your age…see where you want to live, meet people, make friends… then begin your property search. That’s the best way to do it if you have the time for it. Also, my full guide explains how to find the best deals no one else knows about.

If you liked this you’d love my my weekly Ecuador Insider’s newsletter where I reveal everything a savvy investor must know before they invest in Ecuador, sign up below (you can unsubscribe at any time):

What Types of Housing Are Available in Ecuador?

OK, well, in the big cities only apartments are available near the city center, but towards the fringes you may be able to find a house.

In the countryside you can find just about anything you want from farms to raw land to houses (but not so many condos).

On the coast, in the towns/cities of Bahia, Manta and Salinas you can find condos with oceanviews. Everywhere else on the coast it is more rural and condos may be difficult to come by. Single family houses are the norm. Duplexes can be found just north of Salinas in small cookie cutter residential communities, but they are certainly not a common site yet.

Where’s Best to Live in Guayaquil?

Another good question. I have spent many months of my life happily living in Guayaquil. The city doesn’t look like much at first but it can really grow on you!

Now, you do have to pay special attention to where you live in Guayaquil, there are certainly some rough areas!

The rich locals prefer to live just outside of town, across the bridge in a yuppy area called Samborondon… urgh… Not my thing. If I wanted that I’d just stay in the States.

But I also want to be safe, so for me, the areas that still have character and life yet are still safe are the middle class areas of Sauces (kind of near the airport) and Urdesa (near the Mall San Marino).

Urdesa is a little quieter, both are very well located and close to everything… shopping, entertainment, sports.

I don’t recommend you live in the south of the city, or the city center near “Las Penas” or the beautiful boardwalk, “El Malecon”. During the day they are beautiful and reminiscent of Lisbon, Portugal…but at night the area gets a little shady.

Where’s the Best Area to Live in Quito?

Great question! Quito is kind of shaped like a straw, long and narrow. You can actually see from one side of the city to the other along the width, but to go from the northern end of the city to the southern end can take an hour or two (especially during rush hour)!

I’d recommend foreigners to live around or near the Carolina Park/ QuiCentro Shopping area in the north of the city, just south of the airport. I don’t recommend living in the bohemian backpacker area “El Mariscal” because although beautiful during the day, at night it can be a bit rough around the edges. That also goes for the colonial “el centro” area.

I don’t recommend living very high up the hillsides because the public transport doesn’t go there, you will need a car.

And I don’t recommend living in the valleys around Quito unless you like peace and quiet, I prefer city life.

If you liked this you’d love my weekly Ecuador Insider’s newsletter where I reveal everything a savvy investor must know before they invest in Ecuador, sign up below (you can unsubscribe at any time):

First Name
* Email
	* = Required Field

First Name
* Email
	* = Required Field

First Name
* Email
	* = Required Field

First Name
* Email
	* = Required Field