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Are you planning to buy an Ecuador real estate property anytime soon? A lot of expats come here to live out their retirement, raise a family or set up a business. While some of them decide to rent Ecuador Real Estate during their first few years, there is also a significant percent of them who end up buying their own Ecuador Real Estate. After all, there is a sense of security when you own the roof over your heads. Not only that, it is a great investment in Ecuador Real Estate as the value of Ecuador rises for being a developing country.
Thanks to the lower costs in the country, buying a real estate property is not a far off dream. In fact, the challenge is probably in deciding where exactly you want to live in Ecuador.
Advantages of investing in a Bahia Ecuador Real Estate
If you do not know where to start, then we suggest that you begin your search in Bahía. Also known as Bahía de Caráquez or San Antonio de Caraquez, this coastal city is located in the Manabi province. it is a sandy peninsula along the western coast of Ecuador. With around 30,000 permanent residents and a hefty traffic of tourists, this city may be the perfect place for you to invest in an Ecuador real estate property.
There are so many reasons why you will find this place to your liking. Here are 5 of the best reasons that we think will appeal to you the most for Ecuador Real Estate:
1. The climate is ideal. The location of Bahía is around 40 miles south of the Earth’s equator. Despite that proximity, the weather is not too hot and in fact, is quite comfortable. It has a low humidity that averages 80 degrees during the latter part of the year. The wet season, starting December to April, brings with it a certain level of coolness that is a welcome contrast to the warm and dry season. What makes it really great is the constant ocean breeze coming from the Pacific - which makes air conditioning irrelevant despite being a coastal city.
2. It is an eco friendly city. Another reason to invest in Ecuador real estate here is the fact that it is an eco-city. It is hailed as the cleanest coastal city which you can see in the way the beaches and the inner streets are maintained by the local government. Recycling, proper garbage disposal, sustainable practice - these are only a few of the initiatives that the local authorities have.
3. There are so many things to do. Living in Bahía will give you access to a lot of activities. You can enjoy the beach and the various water sports that it offers like sail boarding, fishing, water skiing or simply swimming. There is also a place nearby where you can go surfing or hang-gliding. You can also choose to go bird watching or simply to observe the local wildlife thrive. There is also an archeological site that you can visit for a historical immersion or a museum where you can enjoy the rich culture of the Ecuadorians.
4. Low cost of living. Since it is a smaller city compared to Manta, Quito or Guayaquil, the cost of living is much lower here. You can really save a lot when it comes to your daily expenses. That also means the Ecuador real estate prices in this city is not as expensive as the bigger coastal cities. If you are living off of your retirement money, you can really stretch your budget in Bahía.
5. The infrastructure is already developed. While there is still some room for improvements, the infrastructure in this city has connected it to the rest of the major cities. You directly go to the city through the 1.25 mile Bahía-San Vicente Bridge. You are much closer to the northern part of Ecuador like Manta or Portoviejo.
Buying Ecuador real estate in Bahía is a great investment because the prices are still considerably low and it will be expected to rise in value in the next few years. You might want to take advantage of that right now.
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