La Ronda is just around the corner

Thursday, July 5, 2012

Unfavorable changes in Ecuador. Part one. July 2012.

Part two
http://dayinquito.blogspot.com/2012/07/unfavorable-changes-in-ecuador-part-two.html

Part three
http://dayinquito.blogspot.com/2012/07/unfavorable-changes-in-ecuador-part.html

The cost of real estate has gone up.
Condos in our apartment building were sold (in 2009-2010) two bedroom for $57K and three bedroom for $69K.  Now, a three bedroom condos are listed for $85K.
In January 2011, a three bedroom townhouse, where some acquaintances live, cost $95K.  Now similar units in the same development are selling for $120.    

Around Parque Carolina, in January 2011, brand new two bedroom condos were selling for $110K -$120K, now they are selling for $135K -$150K.



Monthly rental in Quito, for tourists and expats.
3 bedroom, 1 bath remodeled
Colonial Quito, furnished apartment for rent.
For booking, pictures and more info
http://quitorental2.blogspot.com