Anyone with a bird’s eye view is watching inflation and looking for ways to beat it.
Investing in good value real estate (anywhere in the world) is one good inflation fighting option.
Real estate holds value during inflation.
The trick however is to find real estate that offers extra punch…such as the Galapagos.
There are several reason for this, the main two being the incredible brand image of the Galapagos and the extremely limited amount of land. I have written about opportunities in land based investments in these islands several times over the past years.
First we looked at this extra value in 2003. See Property for 41 Cents on the Dollar?
Then again in 2004. See Galapagos Investment
We also looked at this inflation fighting opportunity last month. See Changes in Fight Inflation in Galapagos
Remember you heard it here first.
Last week a USA Today article about land based tours in Galapagos catching on by Gene Sloan says:
It has been more than 30 years since the first tourists began arriving in the Galapagos, the remote, animal-laden archipelago off the west coast of South America that famously inspired naturalist Charles Darwin to develop his theory of evolution. But until recently, nearly all of the tours unfolded by boat. Visitors would eat, sleep and travel from island to island on board one of 80 licensed vessels, with only short, tightly choreographed excursions to land during the day to see the wildlife.
Now a new type of Galapagos tourism is exploding: land-based exploration tours, where visitors spend their nights in one of the small, often spartan bed-and-breakfasts that are springing up on the four inhabited islands, and their days hiking, biking and horseback riding deep into the island interiors.
With more time on land, the tours allow adventure-minded visitors to glimpse rare tortoises and other wildlife in natural settings far from the coastal landing sites frequented by the boat-based tours.
“A couple decades ago, people would cringe if you told them they’d be hiking three hours to see tortoises in their natural habitat,” Meneses says as the group stumbles back from the 7-mile trek to San Cristobal’s remote colony of about 1,000 tortoises. “But now the trend is to more adventure, and that’s what vacationers want.”
The new land-based trips, which cost about the same amount as many of the better ship-based trips, have been made possible, in part, by the growth of the archipelago’s three main towns. By some estimates, the biggest, Puerto Ayora on Santa Cruz, has doubled in population to 15,000 in just five years, and there’s been a boom in little hotels and restaurants to cater to visitors.
The growth follows a tourism surge in the islands, which lie on the equator about 600 miles from Ecuador. As recently as 1987, they were drawing just 32,000 visitors a year. But arrivals have soared nearly 70% over the past five years, hitting 121,000 in 2005.
There is also a conservation issue involved! The article explains this and says:
While most of the archipelago’s 13 main islands and dozens of smaller islets remain uninhabited, and 97% of the land mass is set aside as national park, the growth has many conservation groups, including the non-profit Charles Darwin Foundation, worried.
But Meneses says they have little to fear from the new hiking tours, which tread lightly on the land. If anything, the trips, which rely more heavily on locals than the boat tours for transportation, home-cooked meals and guiding assistance, are providing an eco-friendly alternative line of work to Galapagos-born fishermen who once saw the island’s wild bounty as something to be harvested, not protected, he says.
“The land-based tours leave more in the community,” he says. “It’s changing the mentality of people who once lived by exploiting the land and the sea.”
You can read the entire article at usatoday.com
This is how bird’s eye view work.
We have written often this entire decade about the growing market for adventure.
We have written how technology is eliminating the dimensions of time and space.
A bird’s eye view sees five details (#1: Easy travel- #2 Adventure #3 Limited amounts of property, #4 Brand recognition and #5 Environmental concerns) and comes up with one picture. GOOD POTENTIAL VALUE.
You can learn more from Andres Cordova at firstname.lastname@example.org
Join Merri, Currency Experts from Jyske Bank and me at our next International Business and Investing Made EZ course in Ecuador. Review which current markets offer good value. Meet Steve, our man in Ecuador , and learn about products to export. Meet Dr. Andres Cordova and learn about owning real estate in the Galapagos.
Dr. Cordova with wife and friend in the Galapagos
Until next message may all your views soar!
P.S. A Super Thinking + Spanish course has now been scheduled for December 2006.