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Cotacachi Real Estate:

 Properties for Sale in Cotacachi and Surrounding Areas

Cotacachi Real Estate Presented by Gary Phillips

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Primavera II Condominiums in Cotacachi: 
Urban Garden Living

Condos in Ecuador

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Linda and I are excited about this Ecuador real estate development project, not only because it is fun to work with the indigenous developer, Jorge Quilumbaqui, but also because of the incredible value and beauty this project offers to prospective buyers.
 
Jorge’s favorite reading material is Architectural Digest.  We have come to discover that his primary goal is to create a project that will be a legacy for this beautiful city. 

Ecuador Real Estate GardensCotacachi Condo ConstructionCotacachi Condo Furnished

The project, when completed, will contain four 8-unit, four-story condominium buildings, three or four two-story town houses, and perhaps a restaurant for his son, who is in chef’s school.

In addition, the complex may include a coffee shop/delicatessen where residents can hang out with their neighbors and enjoy their surroundings. The major element of this project will be more than an acre and a half of manicured gardens. These gardens will include fruit trees, flowers, walking paths down to the creek, barbecue huts for community and family gatherings, and meditation areas will make this development one-of-a-kind.

Prices: 2 & 3 bedroom units, 1,200 sq. ft. each. Price $46,500

Contact Gary Phillips for more information on this property.


Private Home in San Miguel Homes and Gardens

Ecuador Real Estate

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This choice piece of Ecuador real estate is reluctantly offered by the owners due to health reasons.  At 2,400 sq.ft construction area, with a landscaped lot of approximately .65 acres, this is one of the premier homes and lots in San Miguel.  

It is being offered fully furnished with several hand-carved tables by local artisans.  Everything goes, right down to the lamps and dishes, so you can move into the house and begin housekeeping the day you close the purchase.  

The house has two large bedrooms, fireplaces in every room as well as gas heaters, internet and direct TV.   
 
San Miguel is a gated community of North Americans.  Thirty-one of the thirty-four lots have been sold and 12 houses are currently in place.  Some of the residents are living full-time in Ecuador.

The community has a community room, central laundry, and large hot tub in the barbecue area.  Association fees run approximately $110 per month, which includes complete gardening, armed security, maid and laundry service, water, and house maintenance. 
San Miguel CotacachiCotacachi Real EstateCotacachi ViewEcuador Real Estate Cotacachi

There is even a wonderful man who will come by and light your fireplace in the evening!

Asking Price:  $139,000, negotiable.

The owner also has a 1,100 sq. meter corner lot in San Miguel for sale with septic tank installed and dirt hauled in for the house pad, ready to begin construction. Price is $24,900.

Contact Gary Phillips for more information.

Colonia El Baton:  Hand-Made Adobe Houses
Make Living in Ecuador a Joy

Home in Cotacachi Ecuador

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Two brothers, Marcelo and Jimmy Penafiel of Cotacachi, have joined forces to create a beautiful development with houses that are 100% hand-made—no power tools are used at all.  Every person we have shown these houses to has marveled at the comfort, simplicity and artistry of these beautifully-designed homes.  

The architect, Jorge Escheverria, gained his degree here in Ecuador, and then took an advanced 4-month course in adobe house construction in Santa Fe, NM.   
 
While design and styling are great, the prices represent a significant bargain, even in low-cost Ecuador.   

The houses are selling for $45 per sq. ft., including the more than 1/3 acre lot!  At the minimum house size of 1,500 sq. ft., this works out to $67,500, a bargain by any stretch of the imagination.  
Cotacachi Real Estate House
The first house sold here, a 3,000 sq. ft. beauty, was delivered to the owner on time in 5 months.  In a country where manana can mean anywhere from tomorrow to infinity, this is a rarity!

Marcelo worked for 18 years as a petroleum engineer for Exxon Mobil in Washington, D.C. so he understands North American demands for timely delivery and attention to detail. Garden tub and custom tile work, huge master suite with fireplace and two covered patios, washer and dryer connections, large kitchen with all-wood custom cabinets, hand-laid adobe tile floors--just about everything the discerning homeowner desires can be incorporated into these exquisite homes.

Contact Gary Phillips for more information.



San Miguel Homes and Gardens Villa’s Offer the Perfect Solution
For Light Living in Ecuador


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The developer has only three lots remaining in San Miguel Homes and Gardens.  Two of these lots are being offered by the developer as villa homes. 
 
In other words, the developer will construct a 1,000 sq.ft., two-bedroom villa, with front and back porches, on a 1,200 sq. meter lot.  This is just under 1/3 of an acre.
San Miguel Villa
These houses offer beautiful full or part-time living, with all the amenities San Miguel has to offer—full-time security guards, full landscaping and maintenance, laundry service, maid service, security fence and use of the hot tub and club house. Their proximity to the 5-star La Mirage Resort and Spa will also make them highly desirable as choice vacation rentals. 
Cotacachi San Miguel Homes
 
Total price:  $60,000 complete. 

On the third lot, also at 1,200 sq. meters, the new owner can construct any size house desired  The lot is priced to sell at $25,000.

Contact Gary Phillips for more information.



Pachamama Gated Community:  An Architects Delight

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On a beautiful hill over-looking Cotacachi lies an incredible piece of property that left one lot buyer with this comment:  “Pachamama didn’t just take my breath away, it stopped my breath. I have never seen more beautiful views anywhere in the world.” 
 Ecuador Gated Community
This woman, who is from Washington D.C., recently purchased 2 of the 11 available lots and is going to construct her dream house, a contemporary architectural wonder.  One other lot has been sold as well, leaving 8 lots unsold.
 Real Estate in Ecuador
This Ecuador Real Estate development is being created by the same developer who built San Miguel.  While San Miguel has a consistent architectural design in all the houses, houses constructed in Pachamama can be of any design the owner desires, as long as they are limited to two stories.  Construction costs start at $37 per sq. ft. 

The remaining half-acre lots are offered at $25,000 each.

Contact Gary Phillips for more information.



Land and House for a Gentleman Farmer

We are not going to tell you much about this property. It is truly a gem waiting to be polished so that its true worth can shine!  A short distance from Cotacachi, one turns into a gracious covered entry garlanded with vibrant fuchsia-colored bougainvillea.   You will gasp in wonder at the visible charm and potential of this highly-productive finca.  The stunning views recall Italian or Swiss hillsides.
Cotacachi Home
The property has 40 acres of land for farming or for building a few houses.  The main house is a three-story house built as a Swiss chalet, in remembrance of the owner’s climb of the Matterhorn when he was a young man.
 
The land is fully irrigated and has an 80 meter by 20 meter pond.  The property includes  about 8,000 sq. meters of greenhouses that have been used for producing tomatoes.  The owner says that this has the capability of generating nearly $100,000 in income annually.
Cotacachi Farm Property
Additional buildings include a two-story brick with full one bedroom apartment on the second level and a 4-car garage below.  There is another brick building envisioned as the owner’s gym and library, which requires interior finish work.

The owner is highly motivated to sell this property, telling us to bring all offers because he requires surgery in the U.S.  He is also willing to sell half of the property, either with or without the house.

Contact Gary Phillips for more information.



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