Financial Freedom for Life, How? Reside in one and lease out the remaining five.
![Financial Freedom for Life](https://cocobongohostel.com/wp-content/uploads/2023/11/property-for-sale-bahia-de-caraquez-ecuador15.jpg)
Who comprises your target audience?
- Expats
- Intern nurses and doctors usually have a budget of approximately $200 per room. They are sent here to undergo a 1-2 year internship at the new hospital.
![Financial Freedom for Life](https://cocobongohostel.com/wp-content/uploads/2023/11/property-for-sale-bahia-de-caraquez-ecuador-manabi.jpg)
![Financial Freedom for Life](https://cocobongohostel.com/wp-content/uploads/2023/11/property-for-sale-bahia-de-caraquez-ecuador-view-of-bridge.jpg)
In the current market, you can expect to fetch rents ranging from $300 to $450. Let’s consider a conservative average of $350, totaling $1,750 per month for the five apartments.
![Financial Freedom for Life](https://cocobongohostel.com/wp-content/uploads/2023/11/property-for-sale-bahia-de-caraquez-ecuador3.jpg)
The estimated cost of living for an individual is approximately $675 per month, while for a couple, it’s around $855 per month. For a more detailed breakdown of the cost of living in Bahia de Caraquez, CLICK HERE.
Still interested? Take a look at Bridge View Apartment Suites
$5,000 Referral Fee
If you’re aware of anyone considering a move to Ecuador, this property might catch their eye. It’s an income-producing property with six apartments – live in one and rent out the other five. If you refer them to me and they buy the property, I’ll gladly offer you a $5,000 referral fee. If you have any inquiries, please don’t hesitate to reach out to me.