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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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