I am a transplant from US, residing in Quito. I have furnished condo for rent in Centro Historico Quito, few blocks from Plaza Santo Domingo, in between La Ronda with its galleries, shops, cafes, restaurants and El Parque Urbano Qmandá, cultural and fitness center with adjoining urban park. The best location in Old Town! For more info, check
La Ronda is just around the corner
Thursday, October 24, 2013
Buying condos in Quito, Ecuador. Part three. October 2013.
Real estate prices in Quito, Ecuador, gone up substantially since 2006 (when I started
to visit Ecuador). For example, in 2007 I bought 2br/1ba, 4th floor (nice view)
condo in Centro Historico for $20K. In 2011 another norteamericano bought
3br/1ba, 2nd floor(no city view) condo in our conjunto (association) for $40K.
Still, if you have money, it makes sense to
buy place, condo or house, here in Ecuador, because
tax in Ecuador is one-tenth of US property tax.
association fees are much less (unless you manage to buy property in certain
3) No air-conditioning (in the mountains),
no heating required, utilities are cheaper than in US.
4) Ecuador bureaucracy
is not as intrusive(yet) as in US, there are much less rules in Ecuadorian
conjunto (unless you buy property in gringo community) and it is easier to rent
your place out.
rental in Quito, for tourists and expats. We
have a 2 bedroom, 1 bath totally remodeled Colonial
Quito, furnished apartment for rent. For
booking, pictures and more info http://quitorental.blogspot.com