Paradise Exists - Mirador San Jose

Paradise Exists
Mirador San Jose
An ecological residential
and commercial development
on the Pacific coast of Ecuador
Brought to you by holaEcuador.ca
Welcome to the Mirador San Jose
…welcome to Paradise
With over 1600 lots to choose from, beautiful
turnkey or custom homes and endless
sunshine, the Mirador San Jose is the perfect
winter escape, investment and/or rental
property opportunity.
Managed by Canadian owners and investors, this master
planned, gated residential and commercial complex
blends harmoniously into the beautiful Ecuadorian coastal
environment.
The Mirador San Jose is located at the famous Playa San
Jose, just 60 km south of the port city of Manta. The
development runs along the Pacific Ocean and is
directly accessible by the Ruta del Sol, a beautiful, brand
new 748 km stretch of coastal highway. With kilometers
of spectacular beach, the Mirador San Jose lies directly
across from Isla de la Plata, often referred to as the “mini
Galapagos”, one of the many highlights within Machalilla
National Park.
Launched in August 2009, the development is phased over
5 years.
The complete project is being carried out respecting and in
harmony with the local environment and neighboring
natural areas. The native fauna of this zone, arid coastal
forest, is fully preserved, with the addition of other species
such as palm and fruit trees to create a tropical oceanfront
paradise.
Ecuador is the #1
retirement destination
(International Living Magazine)
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Site features and amenities include:
-
All
basic
underground
services:
water,
Architectural Building Schemes:
sewage, electricity
Zone A: reserved exclusively for poured
-
Domestic waste and sewage recycling
-
Common areas with swimming pool, soccer
stories with optional rooftop patio;
field, tennis, volleyball, green spaces
-
-
-
Recreational
area
/
playgrounds
for
poured
concrete
(white
or
coloured), maximum 2 stories with optional
Commercial areas for bars, restaurants,
rooftop patio, or rustic wood/bamboo, or
shops, etc.
mixed concrete and rustic wood/bamboo;
Medical centre for health care, pharmacy,
Private beach and boardwalk for residents
only
-
Zone B:
children
dentistry, orthopedics, eye care
-
concrete (white or coloured), maximum 2
Zone C:
All
construction
styles,
upon
approval of Mirador San Jose, with the
exception of ‘Cabanes de Caña picada’
Gated community with controlled access
and 24/7 security
-
Full ownership
1600 lots
1500 to 3760 sq. ft.
(150 to 350 sq. m)
Lots from
US $8,000 to $60,000
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In Harmony with the Environment
The infrastructure development
at the Mirador San Jose is being
carried out in harmony with
nature and respecting the
delicate coastal ecology.
All services are underground, and grey
water (kitchen, shower etc.) is recovered
and recycled for re-use in green space
irrigation.
Wastewater
is
collected
through
a
network of ecological septic tanks called
biodigesters. Solid wastes are transformed
into
organic
compost
for
organic fertilizer.
re-use
as
Our methods of recovery and
recycling of wastewater and
domestic refuse make the
project one of the first and
most advanced ecologically
friendly
urbanized
sites
in
Ecuador.
Biodigesters convert
organic wastes into a
nutrient rich fertilizer
(shown above: Rotoplas biodigester)
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Why Ecuador?
Investing in Ecuador
Over the next several years, it is anticipated
Diversity. Beautiful UNESCO cities, endless
that Ecuador, and in particular the Pacific
sandy beaches, the Amazon rainforests, the
coast region around the port city of Manta,
majestic Andes, the Galapagos Islands.
will be developing rapidly as commercial and
dozens of national parks. Ecuador is one of
residential expansion booms in a pattern that
the most bio-diverse and eco-responsible
has been seen in regions such as Costa Rica,
places on the planet.
Panama and the Dominican Republic.
Health Care. High quality, affordable health
But what makes Ecuador the ideal location?
Stability. The Ecuadorian government has
recognized
the
value
of
foreign
direct
investment and tourism. Foreign investors
benefit from the same rights and obligations
care is available at public and private
clinics throughout the country. In Manta, a
state-of-the-art private clinic will open its
doors in 2013, to complement the existing
public infrastructure (hospital and clinics).
as nationals. There are no capital gains taxes
Timing.
on the occasional sale of properties. The
Ecuadorian government announced the
country’s currency is the US Dollar.
injection of US $27 million to complete the
Low cost of living. The cost of living is
approximately four times less than in other
industrialized countries.
In
the
summer
of
2011,
the
final phase in its project to convert the
existing
domestic
airport
in
Manta
to
international. Direct flights from the US and
possibly Canada will mean you can be at
Climate. Moderate temperatures year-round,
your beach home one hour after stepping
without the extreme wet seasons that are
off the plane. This is anticipated to drive up
common to the tropics. Due to the location
land prices all along the coast.
at the equator, hurricanes and major tropical
storms are impossible.
Ecuador is one of 17 countries
in the world classified as
"megadiverse" by UNESCO,
with an incredible variety of
birds, mammals and orchids.
(Ecuador Ministry of Tourism)
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The buying process
Buying a property
In Ecuador, foreigners enjoy the same rights
Of course, you may also choose to come to
and
citizens.
Ecuador to complete the transaction in person
Foreign property owners/investors may hold
with the assistance of our legal staff, or under the
Ecuadorian land titles and own outright the
legal council of your choice.
land
obligations
and/or
as
Ecuadorian
properties
purchased
from
abroad.
The time period required to complete the entire
purchase transaction, including registration of
Our legal council in Manta, Manabí, Ecuador,
your land titles, is approximately 2 months. A
handles all the formalities of the international
draft copy of all documentation is sent to you
transaction (you may also work with a lawyer
electronically, for your verification in your home
of your own choosing), including verifications,
country. Following your approval to proceed
funds
and upon payment by cheque or bank draft of
transfers,
legalization
of
all
documentation, and registration of your land
the
titles with the Property Registrar Office of the
hardcopies of your land titles are sent to you by
City of Montecristi.
registered mail.
You do not have to be present in Ecuador to
How to Reserve a Lot
conclude the purchase transaction. All the
necessary
buyer
information,
including
a
scanned copy of the purchaser’s passport,
outstanding
amount
due,
original
A deposit equivalent to the greater of US $1000
or 10% of the land price is required at the time of
reservation.
can be provided electronically. Our lawyers
will then complete the purchase transaction in
Developer Financing available
your name and representation.
Financing on terms up to 3 years is available for
land, with a 30% down payment. Financing for
homes is not currently available.
Low up-front costs
Landscaping fees: US $50 per 50 sq. m. lot size.
Only in Ecuador can you climb
the tallest active volcano in the
world, kayak the rapids of the
Amazon rainforest, and
crisscross the Equatorial line on
horseback, all in one trip
(Ecuador Ministry of Tourism)
Legal and land registration fees: US $650 for cash
down purchase, US $850 for financed lots.
Association
fees:
US
$120
annually
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Model: Coco Bongo
1218 sq. ft.
2 bedrooms
1 ½ bathrooms
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Model: Casablanca
1490 sq. ft.
3 bedrooms
2 ½ bathrooms
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Custom Home Design
We can help you realize the beach
home of your dreams. No model is too
big or too small.
Our architects and engineers will work
with you to make your dream house a
reality, at prices that are a fraction of
what you will pay in North America;
luxurious homes can be built in Ecuador
for less than US $75 per square foot (land
fees separate).
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Frequently Asked Questions
Are there public spaces?
How much are municipal taxes?
There are parks, children’s playgrounds,
At the present time, municipal taxes on
swimming pool, tennis and basketball
land are calculated at 2% of US $4 per
courts, soccer field, and the Casa Club,
square metre. So on a lot that is 150 sq. m.
exclusive to friends and family of Mirador
you can expect to pay 2% x $4 x 150m = US
San Jose residents. The Casa Club will
$12 per year. Once a home is built,
include a bar, restaurant, meeting and
municipal
social event rooms, etc.
US $300 per year for a 1,000 sq. ft. home.
Why an annual association fee?
Are there school taxes?
For a modest fee of US $120 per year, the
No.
association looks after the recovery and
recycling of solid waste and septic,
taxes
rise
to
approximately
Is title insurance required?
watering and maintenance of the green
No, but it can be purchased. The Mirador
areas on the site, maintenance and
San
cleaning of the site and beach, and on-
administered through First American.
site, 24/7 security.
Jose
is
covered
by
a
policy
What are the costs involved in a private
Is the community gated?
sale of my property in the future?
Yes, the entire perimeter will be gated,
Legal fees usually start at around $450,
with
increasing with the value of the property.
controlled
access
at the
main
entrance and entrance via the beach.
There are no taxes on gains from the
occasional
How does land ownership work?
sale
of
real
properties
in
Ecuador.
In Ecuador, foreign investors have the
same rights and obligations as nationals.
What are typical costs for services?
Unlike many other southern destinations
When your home is inhabited, typical service costs
where
is
(estimate based on double occupancy) are:
owners
Electricity: US $0.13 per kW-h Water: US $5 per
taxes
month Gas (propane) for cooking, dryer, hot water
required,
(rights)
a
resident’s
foreigners
and
(obligations)
co-signature
can
be
pay
municipal
just
like
Ecuadorian
heater: US $10 per month
nationals. The land title is registered in the
name of the foreign investor.
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Frequently Asked Questions
What is the cost of home insurance?
Can I obtain resident status in Ecuador?
Similar to the US and Canada; depends on
Yes.
coverage required.
General for information. Resident status is
Is there a condominium ownership agreement?
An Owners Association will be formed when the
project is complete. Until then, the Mirador San
Jose will manage the project finances.
What is the weather like at the Playa San Jose?
The weather is mild year-round. The average low
temperature is 21 deg. Celsius and the average
high temperature is 29 deg. Celsius. There are
two main seasons: “dry” and “green” and the
average monthly precipitation is about 2 cm,
much lower than other tropical destinations.
Contact
the
Ecuador
Consulate
typically a straightforward process with a
real property investment of $25,000 or
more.
Is it possible to rent my property?
Yes, and a property management service
will be established to assist with all aspects
of your rental.
How do I get to the Mirador San Jose
from North America?
Currently, most major airlines fly to Quito or
Guayaquil. A domestic flight from Quito to
Manta takes about 30 minutes and costs
Are there grocery stores nearby?
approximately US $45. An international
There will be grocery stores on the development,
airport is under construction in Manta;
but there are also grocery stores in the villages 10
when completed in 2012-2013 there will be
minutes in either direction from the Mirador San
direct international flights from major North
Jose. There are major supermarkets in Manta, a
American cities.
45 drive from the development.
Do I need a Visa to visit Ecuador?
For Canadian citizens, tourist visas are not
required for stays under 90 days, and business
and student visas are not required for stays under
90 days, for stays once per year.
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About holaEcuador
HolaEcuador Property Development Inc. is owned and operated by Canadians with offices in
Manta, Ecuador, Trois- Rivières, Québec, and Ottawa, Ontario. Established in the Pacific Coast
region of Ecuador since 2009, we are perfectly in tune with the needs of our international
clientele. At the same time, we demystify and facilitate the international property acquisition
process. Working in harmony with the people of the region, local regulations, customs, cultures
and language, we make your dream vacation property, retirement home or investment
property a reality.
Copyright 2012 HolaEcuador Property Development Inc. Reproduction forbidden without written consent.
The materials, features, costs, fees and amenities described and depicted in this document are based upon
current development plans, which are subject to change without notice. No guarantee is made that the
features, amenities and facilities depicted by artists’ renderings or otherwise described will be of the same
type, size or nature as described or depicted. The development of the Mirador San Jose is progressive, and
is expected to take years to complete. The developer reserves the right to modify development plans at
any time and without notice.
For more information, please contact us.
1 866 283-8622
[email protected]
www.holaecuador.ca