Maria Gudelis on International Real Estate Series IIIPosted Mar-14-08 15:24:30 PDT Updated Aug-02-08 07:55:51 PDT Staying on the country of Ecuador as a potential place to invest in real estate. One may be interested to know that you can still purchase ocean front property for as little as $15,000 per lot! I've personally toured a quant fishing village on the gorgeous coast of Ecuador and found some Americans where buying lots and residential homes on the ocean for 1/100th of what you'd pay here! One couple from TN enjoyed views of the ocean from their 3rd floor balcony and even caught glimpses of whales! Their second home is in Ecuador and it is right on the ocean! You can read more about Ecuador trends at my website, Maria Gudelis. Incredible 1,600 square foot new homes on the water, 3 stories high for as little as $50,000. Why is it so cheap? For one thing the cost of living is so cheap there so then the cost to build and construct a home is also far less than in America. One of the things I learned at the Enlightened Wealth Institute was to spot trends and economic shifts and indeed, even on my flight back from Ecuador, while talking to a flight attendant, she remarked how over the last year there has been a big increase in travellers flying to Ecuador to look at real estate in Ecuador. This tells me that it is time to serious research this for yourself and consider diversifying into Ecuador for your real estate or simply for your future retirement home in the mountains on a tranquill beach! Hope you enjoyed the Ecuador Real Estate info! Maria Gudelis |