Due to the price-to-rent ratio of properties in Cuenca it is hard to get a yearly return on investment of more than 5% from a rental unit. Some people think that it does not make sense to invest in a rental property when they can theoretically get twice as much ROI from a certificate of deposit.
During the busiest months of the year good rentals are hard to come by and demand has been increasing each year. It has gotten to the point where demand is exceeding supply during the busiest months and many renters are ending up having to settle for places that are not what they really want.
While the demand for more good rentals is undeniable, some investors have come to the conclusion that buying a rental property here would not be a good investment.