Investment Opportunity - Three Lots in One

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This amazing property is divided into three separate titles and it boasts epic panoramic views – all while still being in a convenient location close to town. 

 

The land has a total of 7840.3 square meters which is divided into three separate lots on three separate titles meaning you can sell off lots individually if you would like to make back your investment. The individual lot sizes are: 2555 m2, 2572 m2, and 2712 m2. You could keep one lot and sell the others, keep them all as one property, or resell them all. 

 

There are several spots to build on the land and many of these areas have incredible panoramic views! 

 

There is irrigation canal water up above that is drawn from by tube and transferred into a water tank.  Electricity will need to be installed. 

 

The private internal road is a little overgrown because it hasn’t been used frequently, but that is something that can be easily cleaned up.

 

The property is in Taxiche, which is a neighborhood in between Malacatos and Vilcabamba. It is about a 5-minute drive to Malacatos or about 15 minutes to Vilcabamba. This area is a sought-after area for Lojanos to have weekend homes due to its proximity to both towns. 

 

Price: $182,884

Ref. LOJMAL79

Property Data

$182,884

Location: Malacatos, Loja, Ecuador

https://goo.gl/maps/hj1C8or6iQe4f7wAA

Property Size: 7840.3 m2 (1.94 acres)

Population: 7,114 inhabitants (Malacatos)

Altitude (town): 1,470 m. (4822 ft.)

Distance to Malacatos: 5 minutes by car

Distance to Vilcabamba: 15 minutes by car

Distance to Loja: 35 minutes by car

Distance to Airport (Catamayo): Approx. 1 hour  and 15 minutes by car

Annual precipitation (Malacatos): 764 mm (30 in)

-Estimated Closing Costs: $3,800

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.

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explore the area

 

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 >