Located in the County of El Carmen in the Provence of Manabí this 233.5-acres (94.5 hectares) Ecuador Teak farm for sale has both current and future income potential from the Teak and Cacao.
Current cultivation includes 9.9 acres (4 hectares) of Cacao producing $3,000-$5,000 per month and approximately 15,000 Teak trees throughout the property measuring 27.5 inches (70 cm) and up.
Planted in cycles starting 18 years ago, a portion of the Teak are ready to harvest.
With a large quantity of flat and gently sloped land there are plenty of suitable areas for more cultivation.
The warm, semi-arid climate is ideal for cash crop like Bananas, Papaya, Mango and citrus fruits-all of which are currently grown in the area.
Accessible by 2 graded, gravel roads on either side of the property, it has the idea set up for getting your products to market.
Other features include a caretaker cottage with electricity, clear, fenced boundaries and irrigation for the section planted with Cacao.
This property has been in the same family for over 40 years. Due to family circumstances it is now on the market. Put yourself in a position to profit from their investment.
Asking; $649,000
