International Retirement Migration: mapping the spatio-temporal growth of foreign-owned properties in Cotacachi, Ecuador
Marcelo Crespo,
Alexander Follmann,
Carsten Butsch and
Peter Dannenberg
Journal of Maps, 2022, vol. 18, issue 1, 53-60
Abstract:
International Retirement Migration (IRM) is a growing phenomenon in the Global South. Using the example of the city of Cotacachi in the Ecuadorian Andes, this paper analyzes the spatio-temporal growth of the properties acquired by foreign retirees. We have developed a multi-temporal map that visualizes the spatio-temporal patterns of foreign-owned real estate properties and explains them in the historical context of land tenure. As no official spatial data is available for foreign-owned properties in Cotacachi, the mapping was developed based on data triangulation from remote sensing, participatory mapping, document analysis (e.g. a cadastral database), and semi-structured interviews with key stakeholders. With this origin approach, the map reveals a significant growth in the number of properties and the size of the land acquired by foreigners particularly since the 2008 United States’ housing crisis. Most of the foreign-owned properties are located at the urban fringe and have been built on former colonial hacienda lands in direct proximity to existing indigenous communities.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:tjomxx:v:18:y:2022:i:1:p:53-60
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DOI: 10.1080/17445647.2022.2039310
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