100% Large Flat Lot Outside of Malacatos
Two minutes from the paved road is this 6164 square meter (1.5-acre) completely flat property perfect for building your dream home!
Since this lot is quite large and fully useable, you can build more than one house on the property and rent them out to get return on your investment. Another idea for this property is to potentially subdivide it and sell lots since this area is growing and becoming a popular building location for nice homes on smaller lots. Or, with the extra space, you can simply grow beautiful gardens and put in a pool, making this property into a lovely villa.
The current owners have used the land to raise livestock and grow crops like guavas, mangoes, coffee, yucas (cassava), and bananas. There is a large open-air barn for livestock which can be converted into a storage building, a house, or something else. Canal water for irrigating the plants conveniently flows through the property and is available for your use.
The property has the basic utilities such as potable water and electricity. Fiber optic internet connections are nearby.
The location is great since it is about a 5- to 10-minute drive from the center of Malacatos. It is also about a 15-minute walk to the river.
Location: Malacatos, Loja, Ecuador
Property Size: 6164 ( 1.5 acres)
Population: 7,114 inhabitants (Malacatos)
Altitude (Malacatos): 1,470 m (4822 ft)
Distance to Malacatos: 10 minutes by car
Distance to Loja: Approx. 45 minutes by car
Distance to Airport (Catamayo): Approx. 1 hour by car
Annual precipitation (Malacatos): 764 mm (30 in)
-Estimated Closing Costs: $3,100
* Much of Southern Ecuador experiences a rainy and a dry season. The dry season is approximately June through September, while the rainy season is approximately October through May.
Although located just 35 minutes from Loja, the first thing you will notice upon your descent into Malacatos Valley is the change in temperature. Green, lush landscapes, affordable prices, and an average daily high of 77° F (25° C) make it the preferred second home and vacation destination of Loja. Read More >