Buying a House in Ecuador - Everything you need to know!

Рет қаралды 3,871

10 ай бұрын

We are moving to Ecuador. Join us on our Expat life in Ecuador. We love nature photography and this channel will focus not just on our new lives in Ecuador but also on us capturing this amazingly diverse country. Are you thinking of maybe moving abroad? Are you ready to move out of your comfort zone? Well maybe its time to "Live the Life you Love"
Gabi's contact information is intiluzproperties@gmail.com +593 98 588 9132. Also her website with Real Estate listings for both rentals and homes for sale is www.ecuadorcoastproperties.com/

Пікірлер: 61

@jessicahenry3929 10 ай бұрын

Gabi is the best! Highly recommend, even if you're looking to rent and not buy. She helped us find an awesome rental!

@KrisandMike 10 ай бұрын

Rental video out Tomorrow. Will you recognize when you are mentioned lol?

@KrisandMike 10 ай бұрын

Thanks for watching. Gabi's contact information is intiluzproperties@gmail.com +593 98 588 9132. Also her website with Real Estate listings for both rentals and homes for sale is www.ecuadorcoastproperties.com/

@kathywilson9257 10 ай бұрын

Kris and Mike i love your adorable doxies. Best dogs ever.

@KrisandMike 10 ай бұрын

The reason they are on our laps is they were in bark mode and we had to stop filming a bunch of times. Lol. But yes we love them 💕

@whacked00 10 ай бұрын

Wow great video. Thanks!

@KrisandMike 10 ай бұрын

Thanks 👍

@2sianalexander 10 ай бұрын

Hello Kris and Mike, thank you for all your information! Great video on the weather across Ecuador, we really understand more about what it's like in different parts of the country. We decided to check out Ecuador next year instead of Puerto Vallarta, Mexico, mostly because of the weather. Mexico is getting too hot and expensive for us! We were wondering if you could make a video in regard to safety in Ecuador. Gabi mentioned that safety was not an issue where you live, but it would be if you lived in Guayaquil. The latest political events can be concerning. Recently, I watched a KZfaq video about an increase in crime in various cities with expats and tourists (like Manta, homes broken into, cartel increased activities...) I can't wait to see and experience Ecuador, but my husband needs a little more convincing 😉🙏 You two are so inspiring! I hope we meet someday.

@KrisandMike 10 ай бұрын

Thanks for watching. We have two videos on crime. Check them out. Also I would suggest coming down and see for yourself. Most people are and feel safe here. However a visit will determine how you feel.

@2sianalexander 10 ай бұрын

Thank you, maybe I've seen those videos... But, yes of course got to see it for ourselves.

@JonJohnsDad 10 ай бұрын

fantastic info and great video.. sty well.

@KrisandMike 10 ай бұрын

Thanks 🙏

@2ndSprings 10 ай бұрын

This is was such a great video. Thank you!!!

@KrisandMike 10 ай бұрын

Awe thanks so much. Glad you enjoyed it.

@2ndSprings 10 ай бұрын

@@KrisandMike, hoping to retire in 6 months and end up in southern Ecuador soon after that. Your transparency and authenticity are inspiring to my wife and me.

@aylex1974 7 ай бұрын

Nyc the electric bill is 120 to 160 without pool. Good luck cristina

@KrisandMike 7 ай бұрын

👍

@BarqueCat1 10 ай бұрын

So timely! I'm considering making an offer on a condo very soon, so I'll likely come back to sign two PoAs- one for the property and another for my Visa facilitator.

@KrisandMike 10 ай бұрын

Great. I have seen a few good deals recently. I hope it all works out.

@rvdareyet7201 10 ай бұрын

I honestly cannot see any upside to buying versus renting here in Ecuador. It's so easy to buy, yet so many have a great deal of difficulty when they want to sell to recoup their investment. Given the political instability and the potential need to move elsewhere, we prefer to travel light and not get entangled.

@MichaelANelson 10 ай бұрын

@@rvdareyet7201 Certainly for an investment point of you I totally agree. But there are many other reasons why people would like to own a home. Check out our video on why we bought a house and not rent. People are different thank goodness 🙏. Thanks for watching

@user-qv5ix3bi3c 7 ай бұрын

❤❤❤

@KrisandMike 7 ай бұрын

🙏

@Curious859 10 ай бұрын

Thank you so much for doing this video! There aren’t many, if any videos like this as far as I’ve researched. Too bad the agent is located in Olon. Finding reliable, informative people is difficult anywhere, especially in a new country. I tried to search your channel for the other “Buying a property”. You mentioned you have another one and it’s doing great. Do you mind sharing the link with me? I have a couple of more requests for your next videos; hiring a contractor to either fix your house or build your house. How would one go about finding a reliable trustworthy contractor? Also, there isn’t any video, again as far as I’ve researched, on banking in Ecuador. I’m from Canada as well, and I’m confused and scared because I really don’t know what are the methods, options, etc for transferring your money to Ecuador, their banking system, the charges, etc. So, it’ll be great to hear your experience and knowledge on how you planned before moving to Ecuador, what bank you used, what kind of account do you wire, use debit card, credit card for everyday shopping, and any information that could help people who want to move or travel to Ecuador from Canada. Thank you so much for helping us.

@KrisandMike 10 ай бұрын

Thanks for watching. Here is a link to the actual channel. Here you can see all 30 of our our videos. youtube.com/@KrisandMike?si=b1HeqTRWPq-y3OWx We also have a video coming on building or renovation.

@debraprescott6144 10 ай бұрын

A Canadian banking tips and knowledge would be great!!

@bigroundwatermelon6456 10 ай бұрын

But what if you wanted to buy a property to become self-sufficient or to build a home on out in the countryside, or you wanted to buy a “doer-upper” i.e., buy a home in a suburb and renovate it yourself or pay someone to help you?

@KrisandMike 10 ай бұрын

Thanks for watching. We will be having an upcoming video all about building and renovations your home. Stay tuned.

@PhoenixBeI 10 ай бұрын

Loved the video, thank you. These laws change so much from country to country. I have a favor to ask. Would it be possible for you to give us weather reports for when El Niño hits? I'd like to know how that area is affected. I know that there will be flooding in coastal areas, and Id loke to get a better feel of the Olon-Ayampe area. Thank you!

@KrisandMike 10 ай бұрын

Sure we will have a few videos when it hits. Expect November to maybe March. So far effects have been positive in this location. Normally this time of year is heavy clouds and cool. It is warmer and sunnier now. When the rains come in December which usually happen at night. They will be much harder and stronger. Thus flooding and washing out roads and possibly landslides.

@PhoenixBeI 10 ай бұрын

@KrisandMike awesome! On a real-estate-non-truly related question: do you know if sewer water is treated by where you live? Or do they just shoot raw sewage into the ocean? If so, would anyone in your circle know long would this pipe be? Thanks!

@MichaelANelson 10 ай бұрын

@@PhoenixBeI My understanding is it is somewhat treated. Some places better than others. Outside the towns people use septic tanks.

@PhoenixBeI 10 ай бұрын

@@MichaelANelson awesome! Thank you. I've been wondering for some time. 🙂

@gregoriopuro 4 ай бұрын

Hi Mike, you mentioned POA for your Visa .. can you recommend an ATTORNEY who specializes in Expat Visas for Ecuador ?

@KrisandMike 4 ай бұрын

I have a couple. One on the coast and the other in Quito. What would you like?

@gregoriopuro 4 ай бұрын

I'll be arriving in Guayaquil

@jessiesheldon-huffey1824 9 ай бұрын

Can you provide the link to view Ecuador MLS?

@KrisandMike 9 ай бұрын

mls-ecuador.com/en

@JulioGarcia-rn2lb 8 ай бұрын

license or not doesnt matter in ecuador its a free for all

@KrisandMike 8 ай бұрын

Yes most do not have a license. Thanks for watching

@canadianeasybid 10 ай бұрын

How do you get the money from Canada to Ecuador to put down on a house?

@KrisandMike 10 ай бұрын

Wire transfer with your Bank. The biggest issue is getting a good rate on the exchange. Players like Knightsbridge provide this service.

@BPe-ie9je 10 ай бұрын

Do dehumidfiers cost as much to run as AIR C ?

@KrisandMike 10 ай бұрын

Many air conditioners have a dehumidifier mode which runs cheaper. It is great for this time of year.

@myalterego2878 6 ай бұрын

What's your opinion on Ecuador itself? Is it a tourist economy?

@KrisandMike 6 ай бұрын

Pretty diverse for a small country. Oil, mining, agriculture cocoa, bananas, shrimp and tourism.

@myalterego2878 6 ай бұрын

@@KrisandMike interesting, you also mentioned earthquakes and flooding? Ecuador have a monsoon season or something?

@Nobody-r8c 24 күн бұрын

whats the best method of paying, i'd assume in ecuador, people want cash?

@KrisandMike 24 күн бұрын

Yes for a house. Cash. Thanks for watching

@jameskelly9243 10 ай бұрын

On the states realtors only Rep. The seller unless buyer contract's a agent called a buyers agent.

@KrisandMike 10 ай бұрын

👍

@BPe-ie9je 10 ай бұрын

James, True. most buyers dont know that.

@BPe-ie9je 10 ай бұрын

properties very negotiable ????? Curious how much you paid for your house?? if you want to divulge ?? it was an ABnB ??? affects price ? People wanted out ?

@KrisandMike 10 ай бұрын

Sorry not sharing price but yes houses are negotiable. And depends how motivated sellers are. Some more than others.

@BPe-ie9je 10 ай бұрын

@@KrisandMike $70k-$1m doesnt say a whole lot! When visa complete, selling a drop dead gorgeous farm in Northern MI. Area being discovered. (buyers from CA, AZ, TX, FL, GA. want out of crazy weather, crazy politics) Lovely young (MI) family wants to buy farm. All I need is enough, later, to buy a place in EC. Everybody says: rent rent rent. Then over time you see Amelia and JP moved out of their rentals for this and that. Once I know exact area I want to live in I want to buy. Like you, I loved on a lake in MI. Now a gorgeous farm. Lived in MTs of Colo. Hope altitude and I get along in EC. Selling farm, I'm not greedy. I want darling young family to be able to afford it and prosper on it.

@MichaelANelson 10 ай бұрын

@@BPe-ie9je We did go into more detail later in the video around pricing but check out what you can get on the listing websites. Enjoy, it's fun looking at the possibilities.