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Francisco Tamariz y Abelardo J. Andrade

Cuenca, Ecuador

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CP#1757 A RARE INVESTMENT PROPERTY READY TO START MAKING YOU MONEY
$530,000 USD.

Description

There was a time when Cuenca was the perfect place to buy an investment property. Prices for older buildings were low, workers were easy to get, wages were low, and inventory was vast.

While those days are gone, there are still rare chances to get a great deal on an investment property that someone else has already done all the work on.

And that’s what we have here, a perfect investment opportunity that is ready to start making money. Now it just needs an entrepreneur to turn it into a great return on investment.

This property sits on 2,500 square feet of land on El Centro’s “main drag,” Calle Larga. And you’ve probably seen it before as it is only steps away from the Escalinatas!

It’s a beautiful 5,000 square-foot, 3-story building that has two store fronts and up to 6 full suites! That’s right, the rental opportunity here is enormous!

Right now, there are 5 suites that already have kitchens, bedrooms and bathrooms in them, and there is room to set up a larger presidential suite in what was once the formal living room. The rooftop suite even has a terrace with some of the most beautiful views in Cuenca!

There is even a communal kitchen and laundry area that could be used for a variety of reasons.

So, imagine owning this building with the opportunity to rent out all of these units, and maybe even taking the top unit for yourself! There are so many opportunities with this property, so call us today for a showing before this rare chance for a great investment property in Cuenca is gone!

The asking price for this property is $530,000

  • Property ID: CP#1757
  • Price: $530,000 USD.
  • Property Size: 5000 sqft
  • Bedrooms: 6
  • Bathrooms: 6
  • Garage: 6
  • Garage Size: 200 SqFt
  • Year Built: 2016-01-09

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