Feed on
Posts

Colonial Quito real estate for sale offers some excellent values.

This is the ground floor view of an excellent Quito apartment just being finished and for sale. More pictures are below.

colonial-quito-real-estate-for-sale-ground floor

Quito is a fascinating and beautiful city that lays in a narrow valley just a few miles south south of the equator. At 9,300 feet Quito is one of the highest capital cities in the world. Weather is magnificant with mean daily high temperatures average in the high 60s and low 70s year-round. The city can still get chilly at night but the weather is usually so perfect that most homes do not have air-conditioning or heating.

The city is vulnerable to earthquakes, and it sits at the base of the Guagua Pichincha volcano. Luckily, the crater angles away from Quito, offering protection from anything more than ash and mudslides.

Quito used to be called the Paris of South America and it’s most recent history began in 1534, when the Spanish conquistadors marched into what had been an Incan stronghold. The Spaniards began work on the San Francisco church and monastery almost immediately.

Since then, Quito has been a city dominated by the Catholic religion and its architecture features a series of gold-gilded churches decorated by the artists of the Quito School, a distinguished tradition that incorporated indigenous elements into European styles.

Colonial Quito is part of that original city and is a very different area from the more northerly modern part of Quito.

An ongoing urban renewal project has moved most street vendors to centralized markets, attracted new restaurants and imposed order, but old Quito retains its colonial flavor.  The area’s working-class atmosphere can add a dimension to its appeal: Unlike cathedrals in Europe, Quito’s churches are used as much for worship as for tourism.

This area was declared a world heritage site by UNESCO in 1978. From this date on, the old colonial buildings, the churches, the squares have all been protected against destruction and degradation. In the afternoon we move to the modern part of Quito and visit the museums at the Casa de Cultura and El Ejido Park, famous for its outside artisan market.

The government and community have brought  back residential qualities in colonial Quito with an organized and well structured architectural recuperation plan, providing office space, residential apartments, parking spaces and additional luxury hotel accommodations.

Colonial Quito is a spectacular maze of narrow streets, centennial churches, cobblestone plazas. There are many spectacular views such as this one seen from the patio of  these Colonial Quito apartments for sale.

colonial-quito-real-estate-for-sale-view

Here is the patio,

colonial-quito-real-estate-for-sale-patio

These are romantic investments with excellent profit potential.

This is the type of property we are seeing on the Colonial Quito portion of our Ecuador Coastal-Quito real estate tours.

These are larger than normal apartments converted from a girls school on 20,000 square foot lot.  They offer the typical style of Old Quito renovation in that they have modern interiors but with with renovated Spanish Colonial exteriors.

Here is the upstairs exterior.

colonial-quito-real-estate-for-sale-second floor floor

And interior.

colonial-quito-real-estate-for-sale-interior

Views from the interior.

colonial-quito-real-estate-for-sale-interior view

There are 4 two bedroom apartments apartments of appx. 1,100 square feet for sale at $85,900.  Thee are also 4 three bedroom units of appx. 1,600 square offered at $139,000.

A 4% discount is offered to cash buyers. These units may seem  inexpensive as they seem are actually at the high end in price.

Here is the ground floor inner court yard.

colonial-quito-real-estate-for-sale-inner court

These units are still in the final stages of construction but many have sold out.

Since they offer a brilliant example of fine finish and good value we’ll view any unfinished units on the next tour Ecuador Coastal Quito real estate tour .

We invite you to attend our next real estate tour. See details below.

Gary

Imbabura Real Estate Tour

Coastal-Quito Real Estate Tour