Now there is an extra value on Ecuador’s beach because rumors have scared some buyers away. This means that intelligent investors can take advantage of the truism, “Buy on the rumors and sell on the news.”
For example one reader just sent me this note.
Hi Gary, I am really interested in Ecuador and you seem to have so much information. I have been doing some research and found that the most recent President of Ecuador is thinking about confiscating beach properties from foreigners. If this is true and is only including beach front properties. I am interested in buying and living in Ecuador but also really want to live in a very warm to hot climate. I thrive best under these conditions. So could you tell me something about the political climate at this time. I am also interested in your import/export seminar as well as a real estate tour. But before I plunge head first into something I would like to be as well informed as possible. Thanks in advance.
Here is my reply:
I have never heard this and it seems highly doubtful. I suspect this is one of those many, groundless rumors that pop up on the internet. I have copied our friend and attorney, Floridalva Zombrano, who would know if this were so. Regards, Gary
Here is Floridalva’s reply :
Dear Amy and Gary, You are absolutely right, Gary. This is only a rumor without any legal basis. Going over our new Constitution I found that Art. 323 states: “All forms of confiscations are prohibited”. Amy, If you have any further questions on the legal aspects of buying real estate here in Ecuador, immigration issues, etc. I would be happy to assist you. Kind regards, Flori.
This is exactly the type of rumor (one that is opposite the truth) that creates the greatest opportunity. This rumor that the President is considering confiscation when the new constitution which he pushed for and strongly supported prohibits all forms of confiscation is exactly wrong…. also at a time when South and North American relations are getting better.
I am adding a stronger buy signal for Ecuador beach property and this week will run a series looking at Ecuador beach areas from Salinas to Esmeraldas as shown on an excerpt of this Ecuador map at www.worldatlas.com/webimage/countrys/samerica/lgcolor/eccolor.htm
Those who have been reading our messages for any length of time know that I have focused my efforts on the middle portion of Ecuador’s beach from Manta to Bahia in the province of Manabi.
You can see why I consider Manta the key to Ecuador beach growth here.
See why I like the San Clemente beach condos I have invested in here.
My condos have these views.
However there are many other great Ecuador beach areas I would like to share so I asked a few of the many contacts I have made, up and down the coast, to tell us more about the beaches where they are in Ecuador.
This series starts today as far south as one should probably go on Ecuador’s beach… in Salinas.
SEE SALINAS LIKE A LOCAL
Story and photos by Amy Pinoargote
The Salinas Malecon area has long been a favorite destination.
Salinas is one of the favorite in Ecuador for good reasons. It has beautiful beaches, with calm waters perfect for swimming, water sports, activities or just relaxing. Along the Malecon, or beachfront promenade, you will find a variety of restaurants, hotels, bars and other attractions. During the summer season there is even a giant sandcastle. If you “tip” the sculptor $1, he will take your photo. However, to really enjoy all that Salinas has to offer, you need to get to know it like a local.
Pose for a photo by the giant sandcastle
Salinas at a Glance
There are two seasons in Ecuador. Summer runs from December to April and winter from May to November. The summer in Salinas is usually sunny, with occasional showers. Daytime temperatures reach the low to mid 80s and nighttime temperatures run in the low 70s. The winter tends to be overcast to partially sunny, but not rainy. The winter is actually the drier time of the year and temperatures run about 10 degrees cooler than during the summer. Because Salinas is semi-arid, it doesn’t experience sticky, tropical humidity. This makes a comfortable environment for outdoor activities all year long.
As with most beach towns, the dress code in Salinas is casual. It is perfectly fine to go from beach to restaurant. Along with your swimsuit, pack plenty of shorts and short sleeved shirts, plus pants and long sleeves if you are visiting in the winter months. Have a sweater handy, as some days are cooler than others.
Where to Eat
The Salinas area is a prime spot to enjoy fresh fish and seafood, as well as other Ecuadorian specialties.
A great spot to sample those specialties is Delícias de Ecuador, located near the entrance to the Costa de Oro neighborhood on the main road that runs from Salinas to La Libertad.
Prices here are very reasonable. The daily lunch special or “Almuerzo” includes a soup, entrée and beverage, usually priced at $2.50.
Don’t ask for changes or substitutions on the lunch special; it comes the way it is. Other options include Seco de Pollo, which is chicken stewed in a tomato-based sauce, and Menestra, lentils or beans served with your choice of grilled chicken, beef or fish.
If a relaxing lunch at the beach, complete with a hammock for a post-meal siesta is your style, drive about 30 minutes north of Salinas to San Pablo. In this fishing village you will find cabana style restaurants right on the sand, specializing in fresh fish and seafood.
Las Manabas restaurant is one of the best. If you can’t decide what to order from the extensive menu, try the Chupe de Pescado (fish stew) or Corvina (a mild tasting sea bass), cooked to order. Most meals run between $3 and $5.
Ecuadorians typically eat a big meal at lunch and a light dinner.
Roca Parilla is the spot to enjoy an Ecuadorian style dinner. Located a block off the Malecon, it opens at about 6 p.m. Place your order at the counter, then take your receipt to the grill. Specialties, which are typically priced from 50 cents to $1 each, include:
Chuzos -shrimp, chicken, beef or sausage grilled on a skewer
Torta de Papa – potato pancake filled with cheese
Torta de Choclo – corn pancake (this one is usually a favorite!)
Muchín – a yucca croquet filled with cheese
No trip to Salinas is complete without a visit to the Cevicherías, casual outdoor eating areas a few blocks off the Malecon that specialize in ceviche. Shrimp ceviche in a tangy salsa is a good choice. Shellfish and fish ceviche are also available. Be aware that the shellfish or fish will not be cooked in the traditional manner. The citrus juice in the salsa is said to “cook” the fish. If you have concerns about eating uncooked fish, go with the shrimp version, which is cooked.
Things to See
If you want to browse for souvenirs, visit Mercado de Artesanias, an outdoor flea market in the Chipipe area of Salinas, where you can buy a variety of Ecuadorian handicrafts.
To get a glimpse of days gone by, visit the Museo de Sumpa. This small, but well thought out museum features exhibits of artifacts from the early residents of the Santa Elena peninsula, including the Las Vegas culture. It also features a Las Vegas burial site of the “lovers of Sumpa,” mummified remains of two people that appear to have died in an embrace. You can also tour a cane dwelling typical of those built by the early settlers.
Enjoy a relaxing evening drive a few miles across the Santa Elena peninsula to the Punta Carnero beach, where you can see some of the most beautiful sunsets in Ecuador. On your way back to Salinas, pass by the Malecon of La Libertad and stop for an evening stroll.
Whether dining, sunsets or beach activities are your idea of a fun time, you will find it in Salinas.
Gerardo & Amy Pinoargote spend their time between their home in Florida and Salinas and together with relatives are building and managing Spondylus II, a small beachfront development in the Costa de Oro area of Salinas, about 2 miles from the Malecon.
This is an area they like due to its privacy, great beach for walking, sunbathing and water sports. Yet it is just a short ride to dining and shopping in the central area.
Spondylus II is a family business consisting of three towers. Tower A1 is sold out, except for a ground floor ocean front 1000 square foot unit. Several one and two bedroom suites are still available in tower A2, priced from $49,500 to $50,500.
Larger 1300 square foot units are also still available, priced under $110,000. Tower B has just been release for sale and features larger units (1400 – 1500 square feet), in the $120,000 – $135,000 price range.
Spondylus II offers the following amenities… beachfront pool & social area, a workout center, 24 hour security and the Pacific Ocean as a front yard. All units feature granite kitchen counter tops, tile floors, tile baths, inset ceiling
light fixtures and wooden kitchen cabinets.
Information is available from Gerardo & Amy Pinoargote at firstname.lastname@example.org
Our 2-4-1 offer expires in four days.
Join us and visit Ecuador beach property with our 2-4-1 tours this May and July.
See great May Ecuador airfares here.
We have three Ecuador tours scheduled for May and July 2009.
Ecuador Coastal Real Estate Tour May 16-17
Imbabura-Cotacachi Real Estate Tour May 20-21
Ecuador Amazon Herbal Tour May 22-24
Merri and I will not be on these tours but we do want to meet you. So to make sure we can meet, we will let you attend these either one of the May real estate tours free if you enroll in one of our three International Made EZ courses, in July, October or November.
You get two courses for the price of one. Enroll in any of these courses that Merri and I will conduct below and choose either May real estate tour free.
July 24-26 IBEZ North Carolina + Tangled Web
Oct. 9-11 IBEZ North Carolina + Tangled Web
Nov. 6-8 IBEZ Cotacachi + Tangled Web
You can enroll in one, two or three of these courses below
Attend any two Ecuador courses or tours in a calendar month…$949 for one. $1,349 for two.
Attend any three Ecuador courses or tours in a calendar month…$1,199 for one. $1,799 for two.
Our 2-4-1 offer expires at midnight April 30, 2009.