Canecua Services
Real Estate Services
We can help you find your dream home in Ecuador, regardless of whether it is a beachfront villa or a mountain cabin.
We do have a refundable fee for showing properties. Our fee is $75 per day plus food and accommodations if on a multi-day trip. The fee is refundable upon the purchase of a property through us within one year of your initial viewing (minimum purchase of $75,000, maximum refund of $2,000).
This may seem unconventional to real estate buyers, but the real estate industry in Ecuador is very different from other parts of the world. There is no multiple listing system in Ecuador, so finding properties to suit your needs is more difficult. Renting a car and going on your own is also quite expensive - count on a minimum of $60 a day for a comfortable vehicle - plus you will need to find your way around and have to speak Spanish to get any information.
With our knowledge of the Ecuador real estate market, we guarantee we will save you time and money in your Ecuador property search.
Mortgages in Ecuador
We have partnered with a lending organization in Ecuador offering mortgages to foreigners.
This is an Ecuadorian mortgage from an Ecuadorian bank. The standard 10.75% with repayment periods of up to 15 years is offered. Minimum 30% down. The property serves as collateral.
The legal status of the property is vetted by the bank so you can be sure there are no unexpected legal issues hidden in the deal.
They will also evaluate the property so that you can't unknowingly overpay for the property.
To apply for a mortgage, you need to provide the following
1. Passport
2. Past three years of tax reports from your home country
3. Your credit score sent directly to the bank
4. Police report
Contact us for more complete details on a mortgage on property in Ecuador.
Customized Real Estate Tours
There are a few Ecuador Real Estate Tour operators, but none like Canecua offering customized tours to suit your needs and wants. Most tour operators work in certain areas or with certain developers - they basically take you where they want you to go.
With Canacua, we listen to your needs and preferences and we will take you where you want to go. With our extensive knowledge of Ecuador, we can also recommend areas based on your needs and preferences.
Your relationship with Canecua can start the minute you land in Ecuador as we can provide airport pickup service in Quito or Guayaquil.
The fee for our Customized Real Estate Tours is $75 per day plus food and accommodation if outside of our home area. We can accomodate up to four people with our tours. The fee is not per person.
If you purchase an Ecuador property through us within one year of your Ecuador Real Estate Tour, the tour fee is refundable (minimum purchase of $75,000, maximum refund of $2000).
Translation and Interpreter services
When settling in Ecuador - whether permanently of for an extended vacation - you will likely need an interpreter on occasion.
If you are renting or purchasing property, contracts in Ecuador are only legal if they are in Spanish. You may also need your English documents translated into Spanish for certain legal services.
We have a team of Spanish-English speakers to assist you with your translation or interpreter needs. Canecua can also assist you with translation services.
Legal Needs
Canecua does not provide legal services, but we can recommend lawyers and/or paralegals to help you.
Purchasing, Registering and Insuring a Vehicle in Ecuador
The process of purchasing, registering and insuring a vehicle in Ecuador is a little more complicated than it is in the US or Canada - particularly the registration process.
Canecua can assist you in the process of purchasing a new or used vehicle. We also have people who know the ins and outs of registering your vehicle in Ecuador. Insuring is relatively straightforward, but we can provide you with recommendations in insurance providers.
Mechanical services and repairs
If you have a vehicle in Ecuador, you will eventually need a mechanic. We have a list of mechanics we know, trust and recommend.
Home and Garden Services
If you have purchased a home in Ecuador, you will likely need a plumber, electrician or other tradesman. Canecua has a list of recommended tradespeople and general handyman service providers.
