Located in the Canton of Paltas, known for its dry warm climate with amazing health benefits, sits 6.5 hectares (16 acres) of land with Municipal approval for a 51-lot subdivision.
Ideally located – around 20 minutes to Catacocha, an hour and a quarter to the airport in catamayo and two hours to Loja, this property is located off a paved road in an area sought after for health due to the dry, warm climate.
Around 40% of the property is flat, there are beautiful, lush mango trees, the property has both potable and irrigation water, amazing views, borders a small river and offers a bit of orange, lemon and papaya as well.
This property is ideal to continue the subdivision or turn into a health retreat or retirement community.
There is an approximately 80% ROI on the sale of the post-infrastructure subdivided lots.
Google maps link https://goo.gl/maps/skvgqAFGcjJpU3RN9
Elevation of the property: 2956ft (901m)
Distance to the closest town: 20 minutes in car
Distance to the Airport: 1 hour and 15 minutes in car
Temperature: 18º C (65º F)
Annual average rainfall: 1018 mm (40 in)
Annual property taxes: $17,10