
Cuenca property is hot.
Actually smoking, baby.
But not just due to an increasing demand from foreign retirees, but also locals who for the first time since 2009 have access to reasonably priced loans form their local Social Security system, the BIESS.
According to Marco Rodriguez, the president of the Realtors association in Cuenca, the properties, particularly the condos on the Tomebamba River, Ordonez Lasso Avenue and Gran Colombia Avenue have increased in value year on year by a whopping 40%.
I’d agree, from my own market investigations, it seems most foreigners prefer to buy or rent right along the river, on the outskirts of the old town (not right in it), or along the upper class areas of Ordonez Lasso and the Gran Colombia.
Now, the president of the realtors association stated in an article by the Comercio recently the increase in these areas was due to foreign demand.
I’d agree.
This is where most foreigners in Cuenca prefer to be.
To be notified of the newest properties for sale as soon as they hit the market, sign up for my Weekly Ecuador Insider´s Newsletter, you can unsubscribe at any time:
Published by
Journeyman Jack Ecuador
Proudly serving Ecuador Expats since 2008,
My Services, web links, contact info
tel. #'s - US, CAN & EC. are all below:
Thank You,
Jack Abercrombie,
Cumbaya, Quito- ECUADOR S.A.
JourneymanJack.com@gmail.com
JourneymanJack.com@protonmail.com
#StrategicRelocationEcuador
"May your strategy be as dark as night and as
swift as a boulder rolling down a mountain." ~ Sun Tzu
"I'd rather prep 10 years too early than 10 minutes too late."
Strategic Relocation Ecuador: http://JourneymanJack.com/
Ecuador Real Estate: http://EcuadorRealEstate.org
Call Toll free from U.S. & Canada:
Mnts: 770-828-7913, & Coast: 770-988-4492,
EC. Off: 02-380-4088,
Ec. Cel Claro: 098-828-8953,
WhatsApp, Zello, Telegram, Viber,
Signal, WIRE, Element, Sessions:
+593-98-828-8953,
For Virtual Real Estate Tours, PreTrip Planning
Video Conference via Zoom, jitsi, "skype" user name:
"Jack.Abercrombie"-
https://join.skype.com/invite/B4plcVLSCGWk
Someone once said that Ecuador is a country that is:
•EASY to love-
•HARD to understand-
•Impossible to forget-
'All the Very Best on Your Endeavors in Ecuador-
View all posts by Journeyman Jack Ecuador