La Ronda is just around the corner

Thursday, July 5, 2012

Unfavorable changes in Ecuador. Part one. July 2012.

Part two

Part three

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