There are three distinct beaches in the Salinas Ecuador area
where you find the majority of ocean front condominium buildings: the Salinas
Malecon, San Lorenzo, and Chipipe. In the next series of postings we will
present typical condominiums for sale in each of the three areas.
Chipipe is by far our favorite of the three beaches. Its
wide, soft sand beach stretches from the tip of the peninsula to the Salinas Yacht Club. The condos
in Chipipe offer magnificent panoramic views of beach and ocean.
The condominium buildings in Chipipe are older, averaging
about 30+ years. However, the buildings are very well maintained. Despite there
being fifteen ocean front buildings, condos for sale in Chipipe are few and far
between. Rarely is a “Se Vende” sign posted on a Chipipe condo. The few that
are for sale are mostly offered by Ecuadorian Realtors. Making it a little more
difficult to inquire about but well worth the effort. This may change as more North Americans are expressing a
high desire to purchase in Chipipe.
The following condo is typical of what you will find for
sale in Chipipe.
Floor: 2nd
Sq. ft. Approx. 1700
Bedrooms: 3
Bathrooms: 3 ½
Overall Condition: Older remodel in kitchen and baths.
Original woodwork and doors with obvious and extensive termite infestation.
Social Area: No pool only lobby gathering area.
Parking/Storage: One covered parking space with storage
closet.
Price: $160,000 including all furniture.
Impression: Not currently a show place but, with a rehab of
approximately $40,000 mostly spent on the kitchen and baths, this condo could be impressive.
Being on the second floor hurts this unit if you desire sweeping views. The
furniture is older but looks good in the condo, definitely makes this one
instantly a good unit to rent out. Some renters may be put-off by the older
finishes. But would rent very well in the local market.
The building is very well maintained.
The living area has been extended past the original sliding
doors. Look closely at the wall jetting out on the right and the change of the
floor tile. This marks the original location of the sliders. This modification
is popular in area beachfront condos but eliminates a true outdoor living area.
The kitchen has an older rehab. While not attractive, it is
functional.
The master bedroom is in the front of the building offering
ocean views from the window.
Typical bedroom on backside of building with no views.
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