ECUADOR REAL ESTATE 

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Ecuador Real Estate: Cotacachi, San Clemente, and Mindo, Ecuador

 

 

 

Ecuador Real Estate

 

Value in Ecuador

 

 

 

Ecuador real estate values reflect the cost of living in Ecuador which is very affordable. From the cost of utilities, health care, gasoline, to real estate the prices are all in line. Read our past newsletter about the cost of living in Ecuador. But don't think because prices are cheap technology is sacrificed. From the state of the art electrical grid to all the latest medical techniques Ecuador is very much in the mainstream among developed countries. High speed internet is readily available and everybody has cell phones. Real estate is the going thing for many foreign investors. Not only because of the prices, but because of the cost of living as well as all the amenities Ecuador has to offer. Value is also added by the relatively straight forward purchasing process. All of this is further aided by Ecuador's use of the Dollar for it's currency. A convenience for American ex pats. The International Living magazine has ranked Ecuador second in the world's top retirement spots. Foreigners have all the same property ownership rights that locals do. In fact it's guaranteed in Ecuador's Constitution. There is something for everyone in Ecuador as there are four distinct regions. If you like nature there is the attraction of the Galapagos islands with all it's unique creatures and landscape. Those who prefer the mountains like me there is the Andes. For beach lovers there is the coast, and adventurers there's the Amazon. The economy is still growing in spite of a glitch in exports due to the global economic crisis. All of this contributes to good value for potential real estate investors.