21 Hectares with Water Source
This 21.62-hectare (53.4-acre) property is a good option for those looking for an affordable property to invest in for their visa and do some small projects on. It is located in the quiet mountains near the rural town of El Tambo on the way to well-known waterfalls.
While about 75% of the land is steep and not usable, there are some parts that are semi-flat where you could build. Since this is near the waterfalls that people come to visit, you could even create a touristic site for people to stop at. Imagine building a restaurant or a couple cabins for overnight guests. You and visitors can enjoy great views from this property too, so incorporating the views into whatever you do would be a wonderful idea!
Perhaps one of the most priceless parts of this property is that it has a year-round water source near the top of the property!
There is road access on the upper part of the land allowing for easier access.
Price: $45,000
Ref. TAMBO5
Property Data
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$45,000
Location: Tambo, Catamayo, Ecuador
Property Size: 21.62 Hectares (53.4 acres)
Population (Town): 4,630
Altitude (Town): 1,500 m. (4921.26 ft.)
Distance to Malacatos: 40 minutes by car
Distance to Loja: Approx. 1 hour by car
Distance to Airport (Catamayo): Approx. 1 hour by car
Annual precipitation (Malacatos): 764 mm (30 in)
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-Estimated Closing Costs: $1,400
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* 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.