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Ecuador Rent Control

Learn about Ecuador rent control here.

Merri and I used to have rentals in London where rent control was extremely strict…we learned a lot about this in the UK and watched for problems there.

We have five rentals in Ecuador. In the Andes and…

ecuador-banks

on the sea.

Ecuador beach rentals

 See all our rentals here

So we were very interested in this note an Ecuador Living Club member sent this question about Ecuador rent control.

He wrote:  My wife and I would like to join your November Coastal and Cuenca real estate tours.  We are looking for residential real estate that would serve two purposes.  The first purpose is to generate a reasonable rental income immediately.  The second is to provide a suitable place for us to live after retirement if we so desire.

First, does Ecuador or do the applicable local governments in the Coastal region and Cuenca have rent control or other tenant rights legislation?

I immediately asked our friend and attorney, Floridalva Zambrano, about Ecuador rent control. Here is her reply.

Hi, There is not rent control in our area (Manabi province. Including Manta, Bahia, not to mention smaller towns like San Clemente). Cities like Quito, Guayaquil and Cuenca have such controls when you rent to national people since they would require the invoice in order to report to tax authorities and get deductions. This applies more to long term rentals.

There is, of course, tenants’ rights legislation which is applicable when necessary. I hope this helps!  Regards,
Flori

Learn more about investing in Ecuador rentals here.

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Owning Ecuador real estate is one way to store wealth as the global financial system is shaken.

Learn three other EZ ways to store wealth in a risky world.

Gary

Join Jean Marie and Pascale Butterlin in Ecuador.  Learn how to earn with Ecuador agriculture.

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Learn how to Earn with Ecuador Agriculture.

Manabi Ecuador farm house.  Prices range from $800 to $1,500 an acre for valuable farm land.

Or Join Bonnie Keough September or November 2011 or February 2012 and learn how to earn with Ecuador exports.

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Learn how to Earn with Ecuador Exports.

 

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