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Monday, July 11, 2016

Information for potential coastal property buyers in Ecuador. July 2016.

While Ecuador's cost is shaking 
21 after-shakes in 12 hours (in between 6 p.m. on Sunday, July 10th and 6 a.m. on Monday July 11)

Two aftershocks of a magnitude 6.2 and 5.9 struck Ecuador's coast late Sunday (July 10th, 2016) night.

The legal ground for requisition of private property is prepared. 
Decreto Ejecutivo No.1002
Google translation from Spanish to English:
Article 1: Executive Order 1001 of April 17, 2016, is extended to mean that mobilization is for the entire national territory, to address the magnitude of the natural disaster presented and there is also the requisitions** which have place to solve the produced emergency.
The requisitions will be made in case of extreme necessity and in strict compliance with the laws applicable to this situation.
Source: Executive Order 1002
** requisition - an official order laying claim to the use of property or materials
Keep these factors in mind if you still have desire to buy coastal property. 

Info for potential vacation rental property buyers

2 bedroom, 1 bath, totally remodeled
Centro Historico furnished apartment for sale or rent.
Anti-noise windows in both bedrooms
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