A pound of fresh shrimp—$2.50.
Someone to cook and clean for you—$20 per day.
Property tax of $200-$250 a year on the beach homes below…
It’s easy to see why Ecuador tops International Living‘s Retirement Index. It’s a top spot for those looking for a comfortable lifestyle that won’t break the bank.
And Ecuador rates as one of the best-value destinations on my beat, too. On the country’s unspoiled Pacific coast, in particular, you get a whole lot more for your dollar. And that applies to real estate as well as your cost of living.
If you dream of a home close to the beach…with ocean views or perhaps a nice swimming pool…but didn’t think you could afford it…you should put Ecuador’s Pacific coast top of your shortlist. You’ll pay 30%-40% less for a home here than in better-known expat havens like Panama and Costa Rica.
And you won’t have to sacrifice home comforts. In one established resort city, you can shop in modern supermarkets or a big produce and seafood market…go to the mall…catch a movie…and dine in restaurants and cafes. This city also boasts two yacht clubs, a big plus for fans of sport fishing and sailing.
One of the in-city beaches is a pretty stretch of soft sand. And just outside town, the beaches run for miles, dotted with little surf towns and fishing villages.
So it’s a real surprise to see what you can buy on a budget of $100,000 (or even less) on the Pacific Coast…
#1. A new condo, two short blocks from a quiet beach
The building is a five-minute walk from a supermarket and a 10-minute drive to a lively resort city. Amenities include a swimming pool. The price for this three-bedroom condo? Only $80,000.
#2. A villa three blocks from the beach in a nice neighborhood
It’s a short walk to stores, restaurants, cafes and bars. The villa has a living/dining area, a kitchen with a breakfast nook, three bedrooms, each with its own bathroom, and two separate half-bathrooms. A patio area at the back of the home leads to a carport and a guest apartment. The villa would make a nice home or a small B&B. Price: $98,000.
#3. A town home very close to a pretty beach in an upscale community
On the ground floor there’s an open-plan living area that opens to a front porch overlooking the swimming pool. The master bedroom boasts ocean and beach views. Price: $100,000.
Editor’s Note: If you’d like to get a free report on this location, with details of the three properties above, subscribe here to The Pathfinder Alert, my free e-letter that brings the best in real estate values straight to your inbox.