My North Quito apartment's YEARLY property tax is about $45 and association fee is $50 monthly
My Centro Historico Quito apartment's YEARLY property tax is about $20 and association fee is $15 monthly
Looting and arson is practically impossible in Quito. Apartment buildings, churches, houses, office buildings, etc, built with concrete (concrete will not burn) and are almost all fenced/walled. Sometimes there are electric fences, broken glass, metal spikes and other serious anti-climb measures on top of the fences and walls. Private armed security are everywhere: in the stores, apartment buildings, offices. Small businesses have metal gates or shutters over the doors and windows.
There is no illusion here in Ecuador that the police will protect private property. Everyone is responsible for their own safety.