Cotacachi Real Estate ResalesCotacachi - gated - community
This is why the San Miguel project has done so well.
There are four buying pressures in the Cotacachi area.
First the locals have a booming economy and are building on their Cotacachi real estate.
Second, during the late 1990s many Ecuadorians left their homes and moved abroad for better jobs. They come back once a year and invest their hard earned savings into Cotacachi real estate.
Third, the Spanish and Italians are catching on and are investing in Cotacachi real estate. See more on this at multi currency inflation.
Finally, North Americans are moving down to live. Cotacachi real estate is great value.
Food costs are low. For more on this see Cotacachi Stores - Supermarket
Heating is barely required so energy consumption is minimal. Gas is $1.50 a gallon and the lifestyle is wonderful! Why not move to Cotacachi?
One successful gated development is called San Miguel.