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Oct 31, 2011

Ecuador: Low prices, reasonable yields

			Last Updated: Oct. 31, 2011
QUITO - Apartments	COST (US$)		YIELD (p.a.)	PRICE/SQ.M. (US$)
QUITO - Apartments	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
75 sq. m.	81,000	583	8.63%	1,080	7.77
120 sq. m.	114,960	756	7.89%	958	6.30
160 sq. m.	153,120	1,011	7.92%	957	6.32
225 sq. m.	202,275	1,364	8.09%	899	6.06
400 sq. m.	335,600	1,500	5.36%	839	3.75
QUITO - Houses
150 sq. m.	129,900	1,013	9.35%	866	6.75
250 sq. m.	203,000	1,488	8.79%	812	5.95
350 sq. m.	273,000	1,740	7.65%	780	4.97
700 sq. m.	511,700	3,640	8.54%	731	5.20
Districts researched Quito:Bellavista, Condado, Cumbaya, Gonzales Suarez, Iniaquito, La Carolina,Montesserin, Quito Tenis, Tumbaco Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Neither prices nor rents of apartments or houses in Quito have changed much over the past year in US$ terms (the US$ has been the official currency of Ecuador since the year 2000).

Apartments tend to cost around US$900-US$1,000 per square metre (sq. m.) or US$80-US$95 per square foot. Houses tend to cost around US$700 to US$820 per sq. m., or US$65 to US$75 per square foot.

Gross rental yields of apartments in prime districts tend to range from 7.7% to 8.5% Houses have similar yields, or perhaps half a per cent less.

Ecuador - more data and information

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