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Ecuador Real
Estate Archive II
Updated July, 23 2005
By
Gary Scott
To help you get a feel of Ecuador
real estate we have posted this special archive that lists many of the hundreds
of messages we have shared with our readers about Ecuador real estate this decade.
One of my most respected contacts
for Ecuador real estate is a banker. He has been correct about the economy there
again and again. Here is a message he just sent me.
"I think it may be turnaround time in Ecuador
now. Daily press leads me to believe the government may hang in there for a while
and dollarization implies rapid asset revaluation and falling implicit interest
rates."
Ecuador assets and Ecuador real estate are at
incredible bargain levels and now is the time to buy.
The article below from the May
12 issue of "El Universo", Guayaquil. confirms what I have been saying
about the Ecuador real estate bargains in Manta.
Ecuador Real Estate Enhanced by Warships in Manta
MANTA, Manabí (Edgar Ríos)
- This Manabí port, which last year became the center of war on drugs as
a result of the signature of an agreement with USA to use the airbase, witnesses
the expansion of North American power.
In only five weeks, seven US
Navy ships have docked in Manta with the purpose of reinforcing the controls on
narcotics and illegals in the Pacific Ocean. There is even mention of the possibility
of constructing a floating pier for this type of operations.
According to an expert belonging
to an organization related to the US Navy, who preferred to remain anonymous,
these operations are contemplated in the military agreement signed between Ecuador
and USA for the functioning of the "FOL" which is being built in the
Eloy Alfaro airbase in this city.
The source informed that there
is a program for constant arrivals of frigates, patrol vessels and a cruiser,
all of the US Navy.
The agreement contemplate the
provision of port facilities and coordination for the surveillance in this part
of the continent, added the expert.
If the military vessels return
soon it is because they have intensified the control of narcotics and illegals
in coordination with P3 Orion intelligence aircraft operating out of the airbase.
According to the source, because
of the frequency of the operations and above all, due to security requirements,
the Americans are studying the construction of a loating pier close to the Jaramijó
naval base. However, before this progresses, the agreement must be revised.
When a vessel arrives in a port,
their commanders go the Centro de Operación Aérea at the Eloy Alfaro
airbase, where they meet with the air surveillance pilots in the presence of Ecuadorian
officers who, according to the agreement, must be kept informed of operations.
Manta is a major Ecuadorian port
http://www.thebestofecuador.com/manta.htm
The arrival of these warships
brings important income to merchants in this city.
The main centers where foreigners
arriving on the frigate Samuel Eliot Morrison were attended were the waterfront
avenues (Malecon central y escénico) where the seamen ate, bought handicrafts
and drank abundant beer.
Depending on the size of the
vessel, the average bunker purchase is of 60,000 gallons, worth about USD 16,000.
The crews perform community tasks.
For example, the crew of the Morrison gave a computer to a neighborhood committee,
skates for a group of religious women, school texts, and firefighting equipment
for the local firemen.
We have continual Ecuador
real estate tours.
I hope to see you in Ecuador. Until then, good
investing!
Gary Scott
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ideas.
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