2006-08-29 10:38:16 · 3 answers · asked by Don K 1 in Travel ➔ Latin America ➔ Ecuador
what would you like to know about real estate in Ecuador?
As of the investing environment, building has cooled off a little bit since 2004s boom. Money from immigrants is pushing low priced housing in not-so-wealthy neighborhoods. Wealthy neighborhoods are getting pricier as money from Colombian drugs seems to be getting in and huge dividends from oil companies is paid to employees.
In touristic sites, lots of small houses are being sold to foreigners as they are cheap--USD50k a house.
Right now there's lot of uncertainty since we're right under a president election and all seem populists with left feelings. That has kept my money in the bank.
2006-08-30 03:34:54 · answer #1 · answered by bernieEC 2 · 1⤊ 0⤋
what do you want to know about the real estate in Ecuador? You can find some good deals down there but you must be careful when shopping around. It was easier for me to hire an attorney and let him do the searching and verifying of ownership because this can be tricky to say the least. Once you've found the owner, you can let the attorney negociate from there. Be more specific about the area that you want to look at and I can tell you more.
2006-09-01 02:44:54 · answer #2 · answered by marc30083 2 · 0⤊ 0⤋
yea and no...ma ecuadorians keeps it real but we not a state
oh my bad...um naw...not 2 good iight
2006-08-29 18:55:36 · answer #3 · answered by Dat Dude 2 · 0⤊ 0⤋