Ecuador Real Estate Prices Are So Low That Ignoring Them Is Not A Wise Decision
1. Ecuador Real Estate Prices Are So Low That Ignoring Them Is Not
A Wise Decision
Ecuador is classified as a middle income nation. More than 35% of the country's population lives
below the poverty line. Agriculture, export of marine and petroleum products, timber, and gold support
the Ecuador economy. The major negative point in the minds of international investors is the sluggish
growth rate of the country in the past 2 decades. The various governments during this long period
had done precious little to improve the economy.
Still, this negative point itself is a positive for foreign investors. The prices of Ecuador for sale and
Ecuador rentals are very low, compared to several other countries. Hence, the international investors
would be able to buy a lot more property in Ecuador for the same amount invested in any other
country. The tourists to Ecuador feel that it is one of the most beautiful countries in the Americas.
The real estate in Ecuador is flourishing in areas such as Ambato, Atacames, Azogues, Chimborazo,
Chunchi, Cotopaxi, Cuenca, Esmeraldas, Galapagos, Ibarra, Imbabura, Ciudad La Troncal, and Loja.
Macas, Machala, Manabi, Manta, Milagro, Oriente, Otavalo, Playas, Portoviejo, Salinas, Sucua and
several other charming cities, towns, and villages also offer terrific Colombia listings, apart from the
capital city, Quito. Individual homes, vacant lots, farm lands, and beachfront properties are available
at unbelievably low prices, when international for sale prices prevailing in the US and European
countries are compared.
The prices of real estate in Ecuador had been improving in the last few years and the appreciation is
likely to continue during the coming decade. A two-bedroom condo in the historic center of Quito,
capital of Ecuador is normally priced below $55,000. In the city center of Cuenca, the same type of 2-
bedroom property would cost less than $40,000. This would clearly indicate that the Ecuador real
estate prices are among the most attractive in the international market. If you are thinking of Ecuador
rentals, a single bedroom, furnished apartment in the richest neighborhood of Cuenca, situated on the
Tomebamba River would be available for a monthly rental rate of $350.
A countryside land of 2.5 acres with several fruit trees, fresh water source, and a traditional 5-
bedroom house in areas like the Valley of Longevity, was recently purchased by an international
investor for $60,000. This clearly proves that any investment in Ecuador real estate for sale or in
Ecuador rentals is likely to be highly profitable venture. The investor should not look for overnight
property value appreciation and instant profits. If the investor takes a long-term view, then Ecuador
listings is the best option one could have on the international property market scene.
encina real estate