Ecuador: House Prices, Rents, and Rental Yields
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Last Updated: Oct 14, 2009
Prices low, yields good
| Last Updated: Oct. 14, 2009 | |||||
| QUITO - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 75 sq. m. | 69,750 | 511 | 8.79% | 930 | 6.81 |
| 120 sq. m. | 116,760 | 833 | 8.56% | 973 | 6.94 |
| 200 sq. m. | 180,200 | 1,146 | 7.63% | 901 | 5.73 |
| 300 sq. m. | 234,300 | 1,599 | 8.19% | 781 | 5.33 |
| 500 sq. m. | 427,000 | 3,000 | 8.43% | 854 | 6.00 |
| QUITO - Houses | |||||
| 150 sq. m. | 117,000 | 743 | 7.62% | 780 | 4.95 |
| 250 sq. m. | 191,000 | 1,098 | 6.90% | 764 | 4.39 |
| 350 sq. m. | 241,500 | 1,593 | 7.91% | 690 | 4.55 |
| 450 sq. m. | 335,700 | 2,412 | 8.62% | 746 | 5.36 |
| 750 sq. m. | 572,250 | 3,810 | 7.99% | 763 | 5.08 |
| 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 |
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Apartments in Quito have yields of between 7.6% and 8.8%. Prices are attractive at well under US$1,000 per square metre, with the average being around US$900 per square metre. Houses are less expensive, at around US$690-US$790 per square metre.
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