Sounds right to me. Personally, I’d choose Panama or Costa Rica.
After a good nap the city I was actually thinking of was Cuenca. I just sent in a request to join the Cuenca expats group on FB to get some first hand accounts on how they are doing.
I first started thinking about retiring overseas when we met a man in our poker league who had retired to a town called Vilcabamba, in Ecuador. He talked about how wonderful the climate was, all of the fresh fruits and vegetables he grew there, low cost of living, etc., and it got me to thinking and doing research. We settled on Spain because it was closer to our relatives we had in England. Costa Rica was looking to cash in on their good reputation and things were too pricey for us. Panama would have been a great choice if it wasn’t for Spain. My brother just retired to the Phillipines for pretty much the same reason I chose Spain. He married a Filipina and she has a lot of relatives there.