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Beachfront Property
Starting at $75 per Sq. Ft. USD |
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Salinas, Ecuador |
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The
World Has Yet to Discover Delightful Salinas, an Affordable
Beach City in Western Ecuador |
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| Salinas (population 30,000)
is the western most city on the coast of
Ecuador and is a tourist destination with a
pretty half moon bay and a developed
infrastructure. Once a salt mining
town, these days Salinas caters to wealthy
Ecuadorian beach vacationers and sport
fishermen. Tall, white apartment
buildings line the sandy beach while the
village itself stretches inland. The
water is warm year round and beckons to
anyone seeking a laid back yet modern
seaside retirement. |
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Salinas' main road, which follows the bay's curve, is
dotted with enticing shops, restaurants, night clubs, pubs
and high-end hotels with casinos. This is a lively place
during the high season (December to April) when parties are
in full swing. The beach fills up with a colorful
assortment of umbrellas, families, couples and a few
expatriates. On the other side of the road, however,
it is quieter and more residential. The beach (Chipipe
Beach) is clean and well kept, but there are no shops or
boutiques, just glistening sailboats and motorboats moored
behind the upscale Salinas Yacht Club.
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foreigners have discovered Salinas yet; so far it still seems to
be a well-kept secret. It is off the beaten
path, roughly two hours from the closest international
airport, and the road to the city travels through some
unattractive brown scrub, caused by the mixture of salt and
sand in the soil. The entrance into town has dirt
sidewalks and small houses, which may deter some potential
buyers. Once past all that, though, the scenery
changes. The beach and modern buildings come into view
and beautiful Salinas stretches before the eye. The
city is not booming, but it is growing and has a healthy
tourism-based economy. Since the outside world has not yet descended, real
estate is still relatively inexpensive. Average condo prices
run around $75 to $100 per square foot USD for a home right on
the sand with uninterrupted ocean views. Modern,
luxury 3 bedroom, 2 bath apartments (condos) with 1,420 sq.
ft. just back from the beach are also for sale starting at
around $100,000 USD (and going considerably higher). Go to
www.thebestofecuador.com/phoenix.htm for more information
and pricing.
To become an expat retiree in Ecuador and receive a
pensioner visa, you must provide documented proof that you have an
income of at least $800 USD per month, plus $100 USD more per
month for a spouse or dependent. A
retirement visa will grant you nearly
all of the benefits of an Ecuadorian citizen. If you
do not have a pension, a $25,000 USD real estate
investment or bank CD deposit in-country will suffice.
You do, however, have to live in-country for 9 months in
each of the first two years you are in Ecuador.
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