I recently sent the following to a realtor but got no response, so anyone else able to take a stab at this?
I'm currently researching Nicaragua and Ecuador coast for real estate investment potential. For the sake of this forum I'll focus on Ecuador, unless you have enough knowledge to compare the two.
I'm leaning towards the coast, the Manabi and Guayas provinces. I recently posed the following to a fellow operating as a realtor in the area. So far I have not received a reply. Anyone else have comments or answers to the following?:
"I feel it is more important to understand selling prices than asking prices, to best understand current market, but it's hard to find that info. Naturally, the better the handle I have on the market, the sooner I am likely to buy the property that is just right for my needs.
I intend on making an income there through renting out nightly/weekly/monthly accommodations in hotel, cabins, tenting, etc. Ideally the property would have lots of building already on it to allow for near immediate income with relatively minor renovations and enough forested land that everyone (especially tenters) would have a sense of privacy or seclusion. I want my guests feel comfortable and relaxed and not shoe horned in. I prefer to tuck in amongst the trees rather that mowing them down. A coastal farm with 100 - 200 acres partially forested could be perfect. That sounds like fairly specific needs, but I am happy to spend many hours looking at any and all property info (with as many details as possible) you can throw my way. I'm not afraid of fixer uppers with lots of out buildings and that sort of thing.
What services, provisions, developments do you feel are missing from the coast that may be in demand now or in the near future?
In your opinion, where does the coast lie in rank when compared to the rest of the country now and in the near future, as far as:
1 - tourism
2 - infrastructure
3 - demand/growth
4 - land values vs. pricing
5 - foreign ownership
Do you know of websites that effectively compare these subjects?
What kind of plans are there for the coast that I may not know about? Nobody and nothing is perfect, so along with any good news, don't forget to include the bad. I'll expect it.
I've posed lots of questions to you today, I hope you are happy to answer them for me, or point me toward the best people or places to answer them."
Thank you in advance for any info whatsoever.
I'm currently researching Nicaragua and Ecuador coast for real estate investment potential. For the sake of this forum I'll focus on Ecuador, unless you have enough knowledge to compare the two.
I'm leaning towards the coast, the Manabi and Guayas provinces. I recently posed the following to a fellow operating as a realtor in the area. So far I have not received a reply. Anyone else have comments or answers to the following?:
"I feel it is more important to understand selling prices than asking prices, to best understand current market, but it's hard to find that info. Naturally, the better the handle I have on the market, the sooner I am likely to buy the property that is just right for my needs.
I intend on making an income there through renting out nightly/weekly/monthly accommodations in hotel, cabins, tenting, etc. Ideally the property would have lots of building already on it to allow for near immediate income with relatively minor renovations and enough forested land that everyone (especially tenters) would have a sense of privacy or seclusion. I want my guests feel comfortable and relaxed and not shoe horned in. I prefer to tuck in amongst the trees rather that mowing them down. A coastal farm with 100 - 200 acres partially forested could be perfect. That sounds like fairly specific needs, but I am happy to spend many hours looking at any and all property info (with as many details as possible) you can throw my way. I'm not afraid of fixer uppers with lots of out buildings and that sort of thing.
What services, provisions, developments do you feel are missing from the coast that may be in demand now or in the near future?
In your opinion, where does the coast lie in rank when compared to the rest of the country now and in the near future, as far as:
1 - tourism
2 - infrastructure
3 - demand/growth
4 - land values vs. pricing
5 - foreign ownership
Do you know of websites that effectively compare these subjects?
What kind of plans are there for the coast that I may not know about? Nobody and nothing is perfect, so along with any good news, don't forget to include the bad. I'll expect it.
I've posed lots of questions to you today, I hope you are happy to answer them for me, or point me toward the best people or places to answer them."
Thank you in advance for any info whatsoever.
