An ecological residential and commercial

An ecological residential
and commercial development
on the Pacific coast of Ecuador
Land purchase and construction
at Mirador San Jose :
www.holaecuador.ca
HolaEcuador presents the Mirador San Jose
Welcome to Paradise!
With over 1700 lots, 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 Spondylus, 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 planned to
be completed by the end of 2015.
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)
2
Summer 2014 : 1000 lots sold
Site features and amenities include:
-
Architectural Building Schemes:
All basic underground services: water,
Zones A and B: reserved exclusively for
sewage, electricity, Internet connectivity
poured
with Fiber Optic service to the home
maximum 2 stories with optional rooftop
-
Domestic waste and sewage recycling
patio;
-
Common areas with swimming pool, soccer
field, tennis, volleyball, green spaces
-
Recreational area, playgrounds for children
-
Commercial areas for bars, restaurants,
shops, etc.
-
Medical centre for health care, pharmacy
-
Private beach and boardwalk for residents
Zone C:
concrete
All
(white
construction
or
coloured),
styles,
upon
approval of Mirador San Jose, with the
exception of “Cabanes de Caña picada”
which are not permitted. Maximum two
stories.
only
-
Gated community with controlled access
and 24/7 security
-
Full ownership
Lots at the Mirador San Jose
1700 lots
700 available
1500 to 3760 sq. ft.
(150 to 350 sq. m)
Prices: US $17,000 to $60,000
3
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)
4
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. In 2014, Bloomberg Magazine
But what makes Ecuador the ideal location?
Stability. The Ecuadorian government has
recognized the value of foreign investment
and tourism. Foreign investors benefit from the
same rights and obligations as nationals. Very
low capital gain taxes on the occasional sale
ranked Ecuador the 13th country in the
world
for
health-care,
well
ahead
of
Canada and USA. High quality, affordable
health care is available at public and
private
clinics
throughout
the
country.
Manta has a brand new medical center.
of properties. The country’s currency is the US
Timing. Ecuador’s popularity is growing
Dollar.
steadily and the currently low prices for
Low cost of living. The cost of living is
approximately three times less than in other
industrialized countries.
properties won’t last forever. In the fall of
2014, the Manta Airport welcomed its first
international flight. In a few years, direct
flights from the US and possibly Canada will
Climate. The Pacific Coast has moderate
mean you can be at your beach home one
temperatures
the
hour after stepping off the plane. This is
extreme wet seasons that are common to the
anticipated to drive up land prices all along
year-round,
without
tropics. Due to the location 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)
5
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 3 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,
can be provided electronically. Our lawyers
will then complete the purchase transaction in
your name and representation.
outstanding
amount
due,
original
A simple reservation agreement provided by
your HolaEcuador sales representative and a
deposit of US $1000 plus property registration fee
(see below) is all that is required to hold your
property. Contact us now to reserve your piece
of paradise!
Developer Financing available
Financing on terms up to 3 years is available for
land, with a 40% down payment. Financing for
homes is not currently available.
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)
Low up-front costs
Environmental fees: US $50 per 50 sq. m. lot size.
Legal and land registration fees: US $650 for cash
down purchase, US $800 for financed lots.
Association fees: US $120 annually.
6
Turnkey model home:
Mariposa
MARIPOSA, OPTION 1
(894 sq.ft., outside stairway)
Exterior finish : Rustic
Exterior finish : Modern
The Mariposa (“butterfly” in Spanish) is a bungalow with two bedrooms, a full bathroom, a functional kitchen with an
original dining room, a living room and separate laundry room. It also features a nice covered front porch* for staying in the
shade on hot days. And of course, a rooftop terrace* to maximize outdoor living space! (*optional)
7
Turnkey model home:
Front door on wide facade (1270 P.C.)
Cotopaxi
Front door on narrow facade (1270 P.C.)
Ground floor*
Second floor*
Named after the famous Ecuadorian volcano, the
Cotopaxi will impress you by its straight lines and its
impressive volumes. This two story house includes an open
concept main floor to create a multi-purpose living
space. On the second floor, you’ll enjoy three bedrooms
and two full bathrooms with a functional layout to
accommodate all the guests. The Cotopaxi is available in
two configurations to accommodate all shapes of
property. *Floor plans show option with front door on wide
façade.
Rooftop terrace*
8
Build your dream home with HolaEcuador
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. All the preparation steps will be made
from Canada, which represents a reassuring
advantage: you will have a Canadian contract in
hand. Additional fees applicable for personalized
design. Please contact your sales representative
for further information.
A few members of your HolaEcuador team who will be working on your project in Canada and Ecuador
9
Frequently Asked Questions
How does land ownership work?
How much are municipal taxes?
In Ecuador, foreign investors have the
At the present time, municipal taxes on
same rights and obligations as nationals.
land are calculated at 2% of US $4 per
Unlike many other southern destinations
square metre. So on a lot that is 150 sq. m.
where
is
you can expect to pay 2% x $4 x 150m = US
owners
$12 per year. Once a home is built,
required,
(rights)
a
resident’s
foreigners
and
(obligations)
co-signature
can
be
pay
municipal
just
like
taxes
Ecuadorian
municipal
taxes
rise
to
approximately
US $350 per year for a 1,000 sq. ft. home.
nationals. The land title is registered in the
name of the foreign investor.
Why an annual association fee?
For a modest fee of US $120 per year, the
association looks after the recovery and
Are there school taxes?
No.
Is title insurance required?
recycling of solid waste and septic,
No, but it can be purchased. The Mirador
watering and maintenance of the green
San
areas on the site, maintenance and
administered through First American Title.
Jose
is
covered
by
a
policy
cleaning of the site and beach, and onsite, 24/7 security.
What are typical costs for services?
When your home is inhabited, typical
service costs (estimate based on double
occupancy at current rates) are: Electricity:
US $0.13 per kW-h, Water: US $15 per month,
Gas (propane) for cooking: US $5 per
month.
10
Frequently Asked Questions
Are there public spaces?
Can I obtain resident status in Ecuador?
There are parks, children’s playgrounds,
Yes.
swimming pool, tennis and basketball
General for information. Resident status is
courts, soccer field, and the Casa Club,
typically a straightforward process with a
exclusive to friends and family of Mirador
real property investment of USD $25,000 or
San Jose residents. The Casa Club will
more.
Contact
the
Ecuador
Consulate
include meeting and social event rooms,
etc.
How do I get to the Mirador San Jose
from North America?
Is the community gated?
Currently, most major airlines fly to Quito or
Yes, the entire perimeter will be gated,
with controlled access at the main
entrance and entrance via the beach.
Guayaquil. A domestic flight from Quito to
Manta takes about 30 minutes and costs
approximately US $45. Good news! The
Manta Airport welcomed its first international
Is it possible to rent my property?
flight in the fall of 2014. In the next few years,
there will be direct international flights from
Yes.
On-site
property
management
major North American cities.
service companies assist you with all
aspects of your rental.
What are the costs involved in a
private sale of my property in the
future?
Legal fees usually start at around $450,
increasing with the value of the property.
There are very low taxes on gains from
the occasional sale of real properties in
Ecuador.
11
About holaEcuador
HolaEcuador Property Development Inc. is owned and operated by Canadians with offices in
Manta, Ecuador, as well as Trois-Rivières and Gatineau, Québec. 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