Development Investment - Flat Riverfront Land
Just 3 minutes from Malacatos is this 8081 square-meter piece of riverfront land prime for subdivision and building homes! It is 100% flat.
As this area is up and coming for vacation homes, you could subdivide the land into smaller lots and sell them off to make back your investment.
A huge bonus is that this property is right on the river, so you can enjoy the river anytime you want.
Currently the land is being used to grow sugar cane, but you can easily clear it to start building.
Location: Malacatos, Loja, Ecuador
Property Size: 8081 m2 (2 acres)
Population: 7,114 (Malacatos)
Altitude (Town): 1,470 m (4822 ft)
Distance to Malacatos: 3 minutes by car
Distance to Loja: About 35 minutes by car
Distance to Airport (Catamayo): About 1.20 hour by car
Annual precipitation (Malacatos): 764 mm (30 in)*
-Estimated Closing Costs: $4,500
* 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 >