ECUADOR REAL ESTATE

Cotacachi Real Estate For Sale

BY GARY SCOTT

Cotacachi and Ecuador real estate prices are on becoming higher. Construction material, cement, steel and wood have been skyrocketing in cost. Plus new duties imposed on imports such as pipe are raising material costs.

Our recent Cotacachi real estate tour looked at a number of Prima Vera II - to IV condos for sale from $46,500 to $54,500. Here is one of the four new Prima Vera blocks. This is Prima Vera III.

Bulding costs have forced the developer to raise prices on each building. The units are identical but each block has a higher price.

Here are the prices now for these Prima Vera units.

Prima Vera II

Prima Vera IV & V

Prima Vera IV & V

There are 13 units left here at the old prices. Learn here how to view the pricing and receive a 2% discount on the purchase as an Ecuador Living subscriber.

While viewing these condos we talked to American owner Bill Daily about the cost of living in Cotacachi. He and his wife live in a Prima Vera III first floor unit.

Here is Bill and his wife Jo.

This is their condo…with a comfortable view balcony

Two bedrooms.

One bedroom is used as an office…

plus a full kitchen.

Here is their living room.

We asked Bill about utility costs and he told us that property taxes were $38…a year.

Propane is $2.50 for 20 gallon bottle for cooking, heating and hot water. They use about $5…a month.

Water is $6 a month, electricity $20 a month….broadband $49…condo fees $100…so in all there basics are about $185 a month.

Until next message, good living wherever you are.

Gary