Vistas de Cataviña FAQ's
Here you can find additional information on the Vistas de Cataviña
property development. Please feel free to
Contact Us if you have additional questions.
Go to:
• Lot Map 1 - with Topographical Overlay and Price List
• Lot Map 2 - with suggested home construction sites
• Return to Property Description Page
General Development Information
What is the pricing of the lots?
See the Price List for
exact size and prices for each block of 5 lots. Lots 11 - 15
includes a small greenspace area where the drinking water tank
is for the property, and lots 16 - 20 includes the upper
reservoir. The total land area also includes the roadway.
How long would it take to develop this
property?
The work should take six to nine months for all the
infrastructure development (roads, power, water, phone,
landscaping of public areas, etc). Home construction could
potentially start before the infrastructure is completed if you
are eager to start building your dream home.
What would it cost to develop this
property?
Depending on what type of road surface you would like, what
type of septic installation, and how much landscaping of the
public areas you would want to do, the total costs would run
between $1 and $3 per sq. meter. The high end price would also
include street lighting and walking paths.
What will be the annual property taxes
and monthly maintenance fees?
We have not registered the new parcel numbers for the
individual lots, so we don't have exact amounts for the property
tax - however, we expect that it will be less than $25 per year
per lot.
We expect general maintenance will run 1.5 cents per
sq. meter per month - which would be a range of $23 for the
smallest lot to $73 for the largest. This amount would cover
maintenance of the road and public spaces, the sewage system,
and power for streetlights and other common utilities.
Are there any restrictions on the size
or style of house that can be built in the development?
No. You are free to build homes to suit your tastes.
Will you require that we start
construction in a certain timeframe?
No. You are free to purchase lots as an investment
and wait as long as you desire before building. You will
probably want to maintain the grounds to reasonable standards so
it does not get too overgrown.
Is financing available?
Bank financing may be available to qualified buyers for the
purchase of lots and construction of houses. We can make an introduction to a local bank, but we will not provide any
bank guarantees or letter of credit on your behalf.
What are the average costs for
building a home here?
Prices will vary, depending on the style and design of the home,
finishing's, etc – but in general we expect that a typical
"American style" high-end home will cost about $40 per square foot (so a 2,500 sq. foot home would be roughly $100,000 plus the cost of the lot).
Very nicely built homes can be constructed for much less, and you can
easily spend much more.
Is internet and satellite TV service available?
DirecTV is available starting at about $30 per month for
basic service. Internet service is currently available
using "point to point" wireless service - which provides a very
good high-speed connection. A commercial service can be
set up to provide a shared internet connection to all the homes in the development.
General area Information
What towns are in the area?
The biggest towns in the Yunguilla Valley are Santa Isabel
(population 20,000),
about ten minutes drive from the property to the South - and Giron, which is about a 20 minute drive to the North.
These are both medium sized towns with relatively good shopping
and services. For major shopping, you will need to go to Cuenca
(45 minutes to an hour away) or Machala (1.5 hours away).
The closest communities are Asencion, Cataviña, and La Union.
These are all less than 5 minutes away, but are quite small.
La Union, however, has some very nice restaurants, a well
stocked hardware store, and a garden/landscape supply store.
How far is it to the beach?

The closest beach is in Machala, about an hour and a half
away - however, this is not usually considered one of the best
beaches in Ecuador. For a nicer weekend vacation you will
want to go to Playas or Salinas, about five hours by car.
How about healthcare and schools
All of the towns in the Yunguilla valley are fairly small.
There are good medical clinics and a private school in Santa Isabel,
but you will need to go to Cuenca for major medical procedures
and better educational facilities.
Do you have other information
about the Yunguilla Valley
See our article on
Yunguilla that was published as a Daily Postcard by
International Living Magazine. This is a growing area,
with better than average long-term appreciation potential. Please feel free to
Contact Us if you have specific questions.
|
|
|