Real Estate in Cuenca, Ecuador
Last updated on Apr 06, 2023
Summary: The most desirable neighborhoods in Cuenca, Ecuador are El Centro, El Vergel, El Batan, El Paraiso, and El Valle. On average, a nice 2 bedroom home in Cuenca costs around $100,000 USD, while a nice 3 bedroom home costs around $150,000 USD. These properties typically include modern amenities such as air conditioning, high-speed internet, and a fully-equipped kitchen. Foreigners are allowed to own property in Cuenca, but there are certain restrictions. For example, foreigners are not allowed to own land within 50 kilometers of the border. The best way for an expat to search for a home to buy in Cuenca is to use a real estate agent or a property search website. These agents and websites can help expats find the perfect home for their needs and budget.
How do I find a place to live in Cuenca?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"Through the internet we found a person whom totally misrepresented the rental market, however not knowing we were taken advantage of," remarked one member in Cuenca.
"One way to find a place to live in Cuenca is to look through online listings. Some popular sites include local classifieds, such as Encuentra24, and global rental sites like idealista and craigslist. Additionally, you can find locals willing to rent out apartments on Facebook Marketplace and Instagram. If you prefer a more traditional approach, you can ask friends or family if they know of any vacancies, or if they know someone else who is. Lastly, you can search in person by canvassing certain neighborhoods or checking out "se renta" (for rent) signs posted around the city," explained one expat living in Cuenca, Ecuador, Ecuador.
"We made an exploratory trip months before we decided to come and live in Cuenca, Ecuador. We did not really choose the neighborhood we just found the apartment absolutely fell in love with it and the price was just right and the view and everything. It seemed like a good neighborhood as well and we bought it within two weeks of being in this country. To date 18 months later we are still very very happy with our purchase. We have since found it is a great neighborhood close to all amenities but far enough from the centre of the city," said one person in Cuenca.
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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 Cuenca?
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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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