Over the years Montanita has developed into one of the coast`s best beach parties. 
Characteristics of the spot;
Quality Wave > Regional classic, don't miss it
Experience Required > Experienced surfers Frequency > on small to medium size day, good wave for beginers. Easy take off, specialy around high tide. Long board recomended on small days.
Wave Type Point-break Direction > Right Power > Fast close to low tide, fat close to high tide, powerful, very fun wave Length Normal Day Short ( Normal (50 to 150m) Bottom t; Sandy with rock at la Punta (the only clean spot on big days). sand bottom at the beach break, close out on big days.)
Tide & Swell Tide Position > Low and mid tide Tide Movement > Rising and Falling Tides Swell Size t; Starts working at 1.0m-1.5m / 3ft-5ft and holds up to 4m+ / 12ft+ Swell Direction; NorthWest, North, West, SouthWest, South, Wind Direction North, NorthEast, East, SouthEast,
http://www.lonelyplanet.com/destinations/south_america/ecuador_and_the_galapagos_islands/
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From Guayaquil:
Option 1: Take the bus to Santa Elena, then take the connection to Montaņita.(Direction Olon). About 4 hours ride.
Option 2:Take the direct bus with the cie CLP: 05:00: am, 13:00 pm , 16:30pm (About 4.50 US dollars). About 4 hours ride
From Quito :
Option 1: Take a flight to Guayaquil or Manta and then follow the instruction above.
Option 2 Ttake the bus direction Guayaquil and then follow the instructions above. A good idea is to pass by Banos, a great citywhere you can spend couple days before your surf trip. Actually, this is close to Puyo, the door of amazonia, it could be a little jungle trip before ... we did it, a great experience.
Option 3: Take the bus to Puerto Viejo (direction of Manta), then take the bus to JipiJapa (Spelled Hipi Hapa) and then the connection to Puerto Lopez.