View from the Ecuador beach condo club house dining room.
The first view is that Ecuador has a perfect position in the new energy era ahead. The New York Times Magazine article by Mark Svenvold entitled “Wind-Power Politics” says: “The kind of awakening which most environmentalists believe we are all headed for is a collective recalibration of what it costs to keep the world up and running. It began with the restructuring of the state’s electricity market and the subsequent removal of price caps which had kept electricity prices artificially low. Everything skyrocketed.”
The weather is so great in Ecuador on Ecuador’s beach and in the Andes that most places do not need air conditioning or heat. Ecuador also has perpetual intense sunshine…great for the development of solar power.
There is also a lot of wind off the Pacific and in the mountains…plus there are no hurricanes on the equator…all good conditions for wind energy generation.
The next generation of productivity enhancing technology is most likely to come in the form of wind and solar power!
Ecuador beach bird life view from the condos. The birds float on the wind and hang in the ocean breeze.
The second view is that Ecuador will always have plenty of food. The Vistazul condos are in San Clemente, a fishing village near Bahia. Here are fisherman going to work in front of the Vistazul club house.
Sun and sea assure a rich, fresh food supply. Chances are that a lot of this food will be healthy as well. Merri and I buy fresh fish right from the boat as it returns. These shrimp were so large that two provided a meal and the clubhouse chef grilled them for us.
In addition the Vistazul Ecuador beach condos the developer is planting 5,000 fruit trees (for just 63 beach condos) and an organic garden. (No, that was not a typo….it is five thousand fruit trees.) The people of Ecuador are in touch with the environment. So much so that in their new constitution (70% of the country approved this two days ago), plants are given inalienable rights…just as humans are. More on this in a moment.
Vistazaul sunset view from highest units.
My third view is, and has been for generations, that my future is best served by helping my readers prosper. I do not make a penny if you buy one of these condos or not.
Again and again I have mystified readers by plugging the heck out of some idea that I believe will give my readers an extra advantage even though it appears to be at my loss. This simple truth? When I spot a good investment I know it helps my business if I make sure my readers find out about it.
Take for example one time years ago, I sent my readers a message about a real estate auction I had unveiled in Crested Butte, Colorado. The story revealed that a Savings & Loan had repossessed a number of condos near a ski lift and I mentioned I was bidding $50,000 for one of these units myself. My readers outbid me and racked up huge profits! The lowest bid by readers was $51,000. I totally lost out yet did not mind a bit. Merri and I are happy any time we can share good investing ideas with readers. This has created a loyalty and wonderful feelings for over forty years that is worth more than any profit on a real estate deal.
I received this note one day from one of the readers that outbid me. He wrote:
“Hello Gary, If you’re looking for interesting real estate possibilities, you might want to revisit Crested Butte, Colorado. I bought our first unit there at the Plaza after reading about the auction in your newsletter (in 1991). I have since sold it as our family grew, and bought a new 4 bedroom townhouse, then a second after the first turned out so well
and then a 3 bedroom condo built by the same developer at another nearby property.
Prices in Crested Butte go up, plateau for a while, then go up a bit more.”
That reader made a fortune. Did I lose? Not from my point of view. My loyal readers have paid me through their subscriptions and course fees more money than I imagine possible…because they learn I genuinely am looking for ways to give them useful, interesting information and contacts that make their lives better.
This is why I urge developers and sellers of real estate to give my readers special prices and discounts that far exceed the subscription fees I charge. In the case of Vistazul condos, $89,000 for a condo with a great Ecuador beach view, $89,000 for a two bedroom, two bathroom condo is already a great price. The $10,000 discount (last reservations for this are today) makes this a price (for this quality of construction with this much green space) that you may never see again.
Vistazul beach view.
Prices have risen on these condos, but still offer an incredible value, plus until October 1, Kjetil is offering the original price (a $10,000 savings) to Ecuador Living subscribers
This is not a pie in the sky deal. The club house is complete and the first 19 units are well on their way to completion.
Vistazul clubhouse swimming pool and tennis court view.
View from the first unit of six units that Merri and I purchased.
For answers to questions or more details, send a note to Thor Anderson at thor@sanclementeecuador.com
Finally my view is that these Ecuador beach condos have been enhanced, by the overwhelming approval of Ecuador’s new constitution.
As mentioned this constitution had a first for constitutions.
One passage says: “Nature has the right to exist, persist, maintain and regenerate its vital cycles, structure, functions and its processes in evolution.” How novel and refreshing!
Perhaps this will be a first small step for mankind so our children and grandchildren can enjoy unspoiled views like this as well.
There are numerous other reasons why this new constitution may help the value of these Ecuador beach condos grow. See why here
Until next message, may all your views be good
Gary
I’ll also reviewing Ecuador real estate, my entire portfolio and all my economic views for the months ahead next weekend. October 3-5 in North Carolina at our International Investing and Business Course. Why don’t you join me.
The course was fully booked but we had many late applications and have have moved to a larger meeting room so still have space.
Join me with Thomas Fischer of Denmark’s Jyske Global Asset Management, who was a currency trader for years to review our multi currency portfolio thinking for the year ahead.
To help our subscribers meet and learn, we are giving all delegates at the North Carolina course a FREE year’s subscription to our online multi currency course. This is a $249 value.
This will not be all work-no play. We selected this particular weekend as the most likely to be beautiful with the autumnal leaf change. The colors are glorious.
Here delegates at a previous course chat during a coffee break.
Gary
Join us in North Carolina next week end October 3-5 and save $249. Enroll here.
Or join us in November to inspect Ecuador property for sale
Our September 17-20 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour was sold out as was our September 28-29 Imbabura Real Estate Tour was sold out.
Our Oct 14-18 Ecuador Import Export Course only has a couple of spaces open.
https://garyascott.com/catalog/ecuador-import-and-export-tour
We still have space in November
Join us in Cotacachi at El Meson de las Flores.
Nov 7-9 International Investing and Business Made EZ Ecuador
https://garyascott.com/catalog/international-business-made-ez-ecuador
See these condos at $46,000 in Cotacachi.
Nov 10-11 Imbabura Real Estate tour
https://garyascott.com/catalog/ecuador-real-estat
See the Vistazul sunsets like this.
November 12-15, 2008 Ecuador Coastal Real Estate Tour; Quito Real Estate Tour
https://garyascott.com/catalog/ecuador-coastal-real-estate-tour