4 Business Opportunities in Puerto Lopez
LiveTheLifeinEcuador | November 10, 2016
Puerto Lopez is one of the most beautiful cities in the entire world. Nestled in the quant and scenic country of Ecuador, Puerto Lopez offers both locals and tourists vast opportunities to establish and grow businesses in a thriving economy.
Here are four business opportunities in Puerto Lopez for anyone looking to build a business in a welcoming and vibrant community.
With a booming tourist destination like Puerto Lopez, the hospitality industry is one business that will guarantee success. From amazing jungle lodges, five-star resorts and serene bed and breakfast homes, there are plenty of business opportunities in the hospitality industry in Puerto Lopez.
With people flocking to the area to enjoy scuba diving, sport fishing, snorkeling and the naturally beautiful islands where humpback whales frequent the coast in the summer months, there is ample opportunity to invest in opening up a hotel or lodging location for tourists and locals alike. With the low cost of land and living in Puerto Lopez, opening and maintaining a hotel or bed and breakfast would guarantee a return on your investment.
#2. Palo Santo
The Palo Santo industry makes products used in folk medicine form the heartwood of trees. The production of Palo Santo oil, incense and scented soaps is a huge driver the economy in Puerto Lopez. The product is made from the wood of dead trees as to help end deforestation and keep the community full of luscious plant life and trees. This industry not only is profitable, but also gives back to the Puerto Lopez community.
#3. Cacao Farming
Dive into the business of cacao farming to produce chocolate bars, nibs and brownies. With plenty of sources and supplies available in the area, Puerto Lopez offers those looking to venture into the cacao farming business plenty to work with to become established. There is currently a French-Ecuadorian couple that owns Pacha Chocolate Boutique and gives chocolate tours and uses regionally harvested cacao to make the bars. As you can see, there is a well-established market for cacao farming in the area and plenty of room for growth in the industry.
#4. Real Estate
Investing in real estate in Puerto Lopez allows you to enjoy tax benefits, diversifies your portfolio, and enters you into a worldwide booming market. One of the benefits of investing in real estate in this community is that if you live in a property for two years, it becomes your primary residence and you get substantial capital gain tax deductions.
The government also allows you to deduct travel expenses from your taxable income. Real estate costs in this area are low compared to countries like the United States and Europe making it a great industry to enter in Puerto Lopez. Learn more about the advantages of investing in real estate in Ecuador here.
Explore Puerto Lopez Real Estate
Contact us today to learn more about the beautiful community of Puerto Lopez and to learn more about the investment properties offered in the area. Take a look at our blog to find all of the information you’ll ever need about Puerto Lopez.