Real Estate in Quito, Ecuador
Last updated on Jul 04, 2023
Summary: The most desirable neighborhoods in Quito, Ecuador are La Floresta, La Carolina, El Condado, La Mariscal, and La Pradera. The average cost to buy a nice 2 bedroom home in Quito is around $150,000 USD, while a nice 3 bedroom home can cost around $200,000 USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and security systems. Foreigners are allowed to purchase property in Quito, however, they must obtain a visa and register with the Ecuadorian government. Expats should search for a home to buy in Quito by researching the different neighborhoods, looking at listings online, and visiting the area to get a better feel for the area. It is also recommended to hire a real estate agent to help with the process.
How do I find a place to live in Quito?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One way to find a place to live in Quito is to use online resources such as Craigslist, Facebook Marketplace, and websites like olx.com. Additionally, you can consider contacting local real estate agents if you would like assistance in your search. Looking at local newspapers and digital listings can also be a great way to find an apartment in Quito. Finally, if you’re looking for an affordable option, you may find luck in negotiating with local landlords directly," said one person in Quito, Ecuador.
"Not easy... I was offered a teaching job at PUCE , then denied it when my papers came through very late but I knew the barrio where I wanted to live -- however, it has gone up in price and there were few options available. I walked around in the neighborhood I wanted to finally settle in and found what I need. This is a HIGHLY RECOMMENDED way to discover a good apt in Quito," said one expat who made the move to Quito.
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With Offices in BOTH Ecuador and the US, Ecuador Visas with Attorney Sara Chaca is the No. 1 Visa Law Firm for Your Move! Specializing in Ecuador Residency Visas plus converting from Temporary to Permanent Residency, Containers, Real Estate Closings, Wills and Estate Planning, Driver Licenses, Opening Businesses & Citizenship!
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What is a typical expat home or apartment like in Quito?
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About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
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