Property Description

 

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.

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$800,000

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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

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Ref. PALCAT1