What's New in Puerto Cayo: Updates on Grand Palmas
Sean and his wife Dahiana are the faces of Grand Palmas an oceanfront development just outside of Puerto Cayo, about 4 kms north of the center of town. Puerto Cayo is one of Ecuador´s ´sleeper´ beaches. It doesn´t aspire to be anything it´s not, and while development seems to roll lazily along, it is home to some absolutely stunning villas and properties. It is just a 30 minute drive from Manta, the economic heart of Manabí.
Grand Palmas features 144 lots, 2 clubhouse areas with tennis and volleyball courts, swimming pools, gym and a clubhouse, and its priced at a level that long term buyers are going to look back on it in 15 years and say wow, did we get a heck of a deal back in the day.
But it´s not just affordable prices that speak to Grand Palmas. These guys know what they´re doing. This is the same group that has already produced Delfin Villas, Las Palmas, and Palmera Beach. They´ve got an established track record, which is one of the most important things we look for when selecting projects to promote.
So what´s new in Grand Palmas – Perhaps the most important factor is that the project is now offering financing to the tune of only 25% down with monthly payments over the next two years of $500. For those of you just beginning your search for Ecuador real estate, 25% down is fairly unheard of here in Ecuador. As our friends David Morrill and Bernard Uhe noted in their recent New York Times piece – “If you have to finance, don´t come.”
Additionally, Grand Palmas is running a set of fall promotions to make buying even more enticing to celebrate their ground breaking earlier this year, with 3% off any purchases and additional $10.000 discounts off the purchase of any double lots.
Come visit over the holiday, and see why Puerto Cayo is becoming one of Ecuador´s premier second home markets.
...and if you buy, they´ll comp your two night stay in the luxurious Santuary Hotel.
For more information on Grand Palmas, visit their listing on MLS-Ecuador.