Quito, Ecuador's capital city, has become a very popular place for foreign investors to purchase property. There is lots of real estate in Quito, Ecuador for investors to choose from, yet prices are still low compared to investing in many other parts of the world.
Quito, Ecuador has something for everyone. The city is vibrant and filled with plenty to keep visitors busy, whether it's enjoying the many fine restaurants, dancing the night away in a fun Latin American disco, or taking in the beautiful architecture in the old district.
But, as bustling as Quito is, it is full of beautiful blue skies, clean air and water and near perfect temperatures, too. So, even those who aren't interested in city life flock to this part of Ecuador. Many people who come for a short visit stay for a lifetime.
The reason that Ecuador attracts so many people who can't seem to leave is its wonderful combination of comfort and price. Real estate in Ecuador is far less expensive than in the US or Europe, so visitors can easily afford a little vacation home or condo. The cost of living is low, which attracts many retirees who love the idea of living out their retirement in warm weather without having to worry about going through their retirement savings too quickly.
Though real estate in Quito, Ecuador is slightly more expensive than in some smaller towns in Ecuador, it's still a fantastic value. You'll also find that there are more properties to choose from in Quito and more different types of properties, too. When you review the real estate listings in Quito, Ecuador, you'll notice that everything from small, inexpensive condos in the heart of the city to large high-end homes in the north part of town are available. Regardless of the feel you want or the budget you have, you can find a home in Quito.
The northern part of Quito is the most popular residential section. This is where you'll find the most new construction, and it is also the safest and most expensive part of town. You can find condos and small homes in the downtown area, including a few in the historic district. South of town is where you'll find the best prices on real estate in Quito, but the area is not as safe, and the homes are not as nice.
Your real estate agent can help you sort through the listings and visit the properties most likely to work for you. Once you decide on a property, you'll need your agent's advice on making a fair offer. Homes are often priced a little on the high side in Quito. The process for buying real estate in Ecuador is very much like the process in other countries, and your real estate agent should be able to help you navigate through the process fairly easily.
Taylor White is an international real estate investor and leading the charge at International Real Estate Listings the worldwide leader in Quito Ecuador real estate listings , Quito Ecuador real estate for sale , and Quito Ecuador real estate. Quito Ecuador real estate owners, agents, and developers are encouraged to create an account, upload an unlimited number of listings, write as much creative property details, include a You Tube property video, and it will be activated as a basic listing for 6 months, free.