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Ecuador: House Prices, Rents, and Rental Yields

Last Updated: Sep 23, 2008

8.77% on average for Quito apartments

Last Updated: Sept. 23, 2008
QUITO - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
120 sq. m. 98,400 719 8.77% 820 5.99
360 sq. m. 280,080 2,077 8.90% 778 5.77
QUITO - Houses
250 sq. m. 177,500 983 6.64% 710 3.93
600 sq. m. 463,800 2,766 7.16% 773 4.61
CUENCA - Apartments
175 sq. m. 100,450 n.a. n.a. 574 n.a.
CUENCA - Houses
200 sq. m. 102,600 n.a. n.a. 513 n.a.
550 sq. m. 276,100 n.a. n.a. 502 n.a.
GUAYAQUIL - Apartments
200 sq. m. 107,200 1,136 12.72% 536 5.68
GUAYAQUIL - Houses
215 sq. m. 128,140 1,109 10.39% 596 5.16
630 sq. m. 266,490 n.a. n.a. 423 n.a.
Districts researched
Quito: Cumbaya, Tumbaco, Quito Tennis, Gonzalez Suarez, Bellavista
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Prices for 120-sq. m. apartments in Quito are around US$100,000. This size apartment could probably be rented for US$720 a month, giving the landlord a rental yield of 8.77%.

Houses in Quito are priced around US$710 to US$770 per sq. m. Rental yields of houses are lower than that of apartments with a range of 6.64% to 7.16% for properties of 200 and 600 square metres respectively.

Apartments and houses in Guayaquil tend to yield 12.72% and 10.39% for available figures.

 

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