A new lending alternative for Gringos in Ecuador

Salinas Ecuador is on best value list

Even in a tough overseas housing market, wanderlust can still be accommodated for the adventurous, especially those willing to venture outside capital cities. Average prices for the 29 countries reviewed by Coldwell Banker came in under $488,000, with the high-priced destinations balanced out by deals in destinations such as Hanoi ($166,000); Maracaibo, Venezuela ($118,000); Gaziantep, Turkey ($173,000); and Tangerang, Indonesia ($146,000).
By far the best overseas deal going? Salinas, Ecuador at $69,375. The area, a former salt mine, boasts a 9.5-mile beach and is the starting point for the “Route of the Sun,” Ecuador’s own Riviera. Prices there have been rising after completion of another oil pipeline to sate the world’s fossil fuel thirst. But the online newsletter International Living, Read more

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