Ocean Front Duplex for Sale and Rent in Canoa, Manabi, Ecuador

Ocean Front Duplex W/ Beachfront Land: Business Opportunity

Casa Maracuya is a two storey house that can serve as two seperate apartments [a 1 bed with garden and a 2 bed with stunning Ocean views].

It can either be a very spacious family home or a very lucrative investment opportunity. A potential purchaser could live in one apartment and live very comfortably from the rent of the other apartment. The going rate for a one bedroom apartment in this area is $600 and a two bed $750 per month. The apartments are in high demand because there are currently few rental opportunities in the area.

The home is situated on a quiet stretch of beach, 1 kilometre from the trendy surf / fishing village of Canoa in a small cluster of homes with friendly neighbours. The house has been constructed to stringent US building standards and has been designed in a contemporary style, with spacious rooms and very large windows to maximise ocean views, light and of course ventilation.

Now, it comes with a further 1000m2 garden in front and 700m2 behind so it can easily become a cabanya style hotel, restaurant or both.

Canoa is located 1 1/2 hours North of Manta Airport that will soon be getting International flights from the U.S. San Vincente airport [10 minutes from Canoa] is under renovation and will soon be receiving regular scheduled flights from Quito. They have extended the runway and are almost complete with the Arrival Departure building renovation.

A new shopping mall is being constructed in nearby Bahia de Caracas, so the area is fast becoming a very comfortable location for foreigners to live, and there is a thriving community. The cost of living here is a fraction of what you’d spend in US, Canada or Europe.

Canoa and Bahia de Caracas are becoming increasingly popular as places to retire. The are numerous facilities nearby – tennis courts, gyms, swimming pools, paragliding, riding, yoga and paddle boarding, restaurants & spanish schools.

The areas economic growth has been boosted recently with the construction of the longest bridge in Ecuador, across the river Chone between San Vincente and Bahia de Caracas.

Casa Maracuya is for sale at a price that is unprecedented for this area, since the owner is keen to sell in order to return to Europe, following a career change.

The gardens are fenced with Maracuya [passion fruit] and there are hybiscus, borganvilla, crotos, papaya, orange and lemon, banana trees planted offering a beautiful tranquil feel and free fruit.