Insiders Guide to Ecuador
By Domenick Buonamici / Nov 09 • Categorized as Ebooks for Expats •
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According to author Domenick Buonamici Ecuador is the last property bargain basement in Latin America, especially if you want to buy beachfront real estate. And this report systematically and simply lays out why he thinks this. He has a compelling argument. Ecuador has not yet been over run by expats, retired or otherwise, looking for a little bit of paradise.
But, he advises, buy soon to avoid disappointment.
This eBook guide to looking for and buying property in Ecuador is well constructed, simple, and covers every possible aspect of buying in Ecuador from looking at properties, through negotiating a price to finance. The information is supplemented by online tutorials – where to find the best listings, where to find the best lawyers and agents, househunting tips and basic skills for learning Spanish.
No stone is left unturned when it comes to listing the pitfalls to avoid….and his most important piece of advice….take your time, visit Ecuador, get to know your way around, and don’t expect to find your dream home in two weeks or you will come unstuck.
It’s a beautiful country, with an all year round tropical climate and stunningly beautiful sandy beaches. The author cautions you to look beneath the surface, and to check and double check everything before parting with your hard earned money, (even though it may not be very much money) according to his take on the price of real estate.
He gives an insight to the Ecuadorian culture too; as in most Latin American countries, a foreigner is seen as rich right from the start, so enlist the help of a local to avoid the price being doubled at the sound of an English speaker. And get into bargaining mode….. “Remember, local sellers expect to bargain like crazy”. The author gives you a step by step guide on how to play this particular game.
With a comprehensive list of the best beachfront areas to look plus advice on how to reach the best price, you cannot afford to go shopping for real estate in Ecuador without this report.
The author is not a real estate agent, so he gives an objective opinion. He has lived in Ecuador and been through the buying process himself; he doesn’t recommend particular agents or lawyers but he provides you with the tools to choose your own. This is as unbiased a report as you could possibly get.
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this country is trending strongly to socialism….not a good idea to have private property there and expect it to be protected if things keep going the way they are.
All of Latin America is trending strongly towards socialism. It is the affect of years and years of oppresion from right wing, corrupt administrations that basically only look out for their own personal interests.
But Ecuador is VERY laid back, as well as the people…and is very American friendly and capitalist. Like anywhere there are risks, but Ecuador has respected individual property ownership and does not show any signs in changing that.
I agree with Domenick. We have lived in Cuenca for over two years and also on the coast for 4 months at a time. We and others have bought properties in Cuenca and other parts of Ecuador and we certainly have no fear of our properties being taken by the government. I am Australian but there are many Americans, Canadians and Europeans in this country and more are buying properties.