Property purchase costs in Ecuador compared to Latin America

The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).

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Venezuela 14.89%
Uruguay 14.00%
Nicaragua 12.75%
Costa Rica 11.76%
Brazil 11.50%
Mexico 10.84%
Argentina 10.79%
Honduras 10.65%
El Salvador 9.21%
Ecuador 8.31%
Panama 8.30%
Peru 7.99%
Paraguay 7.51%
Colombia 5.86%
Chile 5.35%
Bolivia 4.50%
Guatemala 4.15%

There are no house price statistics for Ecuador, and its statistical data is generally weak. The Instituto Nacional de Estad'stica y Censos is an ill-organized collection of stale data. The Banco Central del Ecuador is better, but alas has few downloadable time-series (data tends to be in 'press release' format). The monthly report on inflation is well presented.