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 price of each lot.
•
When could I start building a home?
Immediately, if you want! The
property is ready to go.
•
What would it cost to get utilities hooked
up?
Brand new electric lines are
installed throughout the property, with a
service junction available at the edge of
each lot. We anticipate that it will cost
an average of $500 to run individual water
line, and the local
municipality will charge approximately $500
for each new account, which includes a water
meter. Each home will require it's own
septic tank.
•
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 $50 per
year per lot. We expect general
maintenance will run 1.5 cents per sq. meter
per month - which would be a range of $50
for the smallest lot to $110 for the largest.
This amount would cover maintenance of the road
and public spaces, 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 to $50 per square foot (so a 2,500 sq. foot home
would be roughly $100,000 to $125,000 plus the cost of the
lot). Very nicely built homes can be constructed
for much less if you want a "local" style
architecture, and you can easily spend much
more if you want all imported materials.
• 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 the best beach area 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.
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