Ecuador: House Prices, Rents, and Rental Yields
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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 |
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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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