Prime Markets: Safe, Smart Investments
Imagine owning your own property in a place where a three-course lunch costs $3.00, where you can hike during the weekends and walk along the beach in the evenings, and where the land holds hidden histories and limitless adventure. The beach towns, mountain lands and city developments of Ecuador provide ample opportunities for the creative, adventurous, and savvy investor.
Investing in Ecuadorian property now can result in both personal and financial gains. The right foreign property investment can, like real estate anywhere, benefit from capital appreciation over time and provide an annual yield between now and then. If you’re interested in more stable investments and in owning land in one of the most beautiful regions on the planet, Ecuador is the place to invest.
Diversification of assets in a growing market
Owning property in Ecuador translates to diversification beyond the U.S. or Canadian market. Ecuador adopted the dollar as its currency in 2000, making it easy to purchase, negotiate and manage financial investments. Quite simply, your dollar can go much further here. The appeal of this market is driving thousands toward the country’s beaches and city centers. The country’s surreal landscapes, inexhaustible natural resources, and remarkable health care system all contribute to the thriving market. Most importantly, with the dollar being so strong in Ecuador right now, it means it is an ideal time to learn more about investing.
Making a safe investment
Unlike stocks, real estate is a hard asset, something concrete that exists beyond the pendulums of markets. Investing in property in the up and coming cities of Jama, Canoa and Bahia de Caraquez, among others, is not only a smart investment move; it is also an opportunity to grow your assets.
Foreign property holdings are one of the few lasting asset classes that can be kept private. For example, Americans do not need to report foreign properties to the IRS, not even on IRS Form 8938.
Though any investment has advantages and risks, one of the most appealing factors in owning foreign property is that your property belongs to you. It is your space to develop, to visit for vacations, to rent to others. With time, as the property can grow in value, it also can offer myriad possibilities.
Possibilities in the future
It is important to own foreign property to diversify your assets and receive potential annual yield, but investing in property, especially in a country as beautiful as Ecuador, also provides the opportunity for ample personal enjoyment. Perhaps in the future the property can evolve into a retirement residence, or it can be used as a gathering place for family and friends.
Guidance along the way
When thinking about locations to invest, particularly in Ecuador, it is vitally important to work with someone who has your authentic interests at heart. Do you want a piece of beachfront property? Think about Canoa, a small beach town with a social atmosphere and endless opportunities for restaurant, commercial or land investment. Perhaps you’re interested in something similar to the California coastline, something tucked between the sea and the rolling hills. Jama, an up and coming city only an hour drive from Bahia de Caraquez, is a perfectly situated destination waiting for developers and investors who see creative potential. With nearly forty years of competitive real estate experience, John Vollmecke wants to help you find the perfect investment opportunity. He values integrity above all else, and he will work tirelessly to guide you in the process of selecting and securing your dream property in the mountains or along the coasts of Ecuador.