26AUG24- #QuitoValley - "The Value of Properties in Cumbayá and Tumbaco Has Increased Due to the Relocation of Schools to These Areas
Property prices have surged in areas like Cumbayá and Tumbaco because prestigious schools have decided to relocate there. The price per square meter for sale in these two areas fluctuates between $1,600 and $1,734.
The high appreciation in areas such as Puembo, Cumbayá, and Tumbaco has been a growing phenomenon in recent years, largely driven by the relocation of several of the capital's most prestigious schools to these areas.
The migration of these educational institutions could have a significant impact on real estate development and the quality of life for families living in these areas.
The decision of some of Quito's most recognized schools, such as Colegio Terranova, El Sauce, British School, and even Colegio Americano and Einstein, to move to Puembo, Cumbayá, and Tumbaco, is due to the search for larger, safer, and greener environments that favor the comprehensive development of their students, as well as the rapid urban development of these areas.
The relocation of these institutions has significantly spurred infrastructure growth, especially in Cumbayá, Tumbaco, and recently in Puembo, with the construction of new shopping centers, hospitals, and recreational areas.
Additionally, improvements have been made to access roads, facilitating mobility and connectivity with the rest of the city.
This has led to an increase in demand for properties, resulting in a notable rise in their real estate value.
For example, Cumbayá is the area with the highest average rental price, reaching $707 per month and $1,734/m² for sales. Tumbaco, on the other hand, follows with $673 per month for rentals and $1,651/m² for sales.
In the eastern part of the city, which includes these parishes, units priced below $100,000 continue to be the most in demand.
On the other hand, units priced above $250,000 are the least in demand, with a demand pressure between 38% and 48% lower than units in the intermediate segment.
At the other end, according to studies by the real estate portal Plusvalía, Iñaquito, in the north-central area of Quito, continues to decline in sales prices per square meter." -
https://www.lahora.com.ec/pais/valor-inmuebles-cumbaya-tumbaco-aumentado-reubicacion-colegios/
🤠iffin you gonna move down or remain in Ecuador on into 2025, get prepared for whats a coming down the pike🥷🏼its not and has not been just a Coastal & #GYE thang, its also a Sierra & Metro #Quito Thanggy as well👮🏻♂️💰
My 2025 NewYears Resolution is more time out on the La G range, zz style, 🎸🥁🎸 cuzz (imho) we gonna dang sure be a needin it🥷🏼if anybody wants to no longer be an outlaw? Call me to join our Qtowne Quito gun club and get legal to tote with a 55hr CCW Course,
now a days The CCW is pretty much streamlined down to this:
plan on about $300 for to join the gun club,about $200 or up to $300 for the CCW course,about $300 for psyche, psycho and toxico exams,
a 9mm Taurus for say $1200.
a 9mm CZ for say $1500.
aprox $80 to $100 for a box of 50rds 9mm FMJ
i see peeps now a days getting legally armed in about a 3-4 months time frame, kinda like a tuff assed visa process!
'Always be prepared' - BSA & SA,
"When guns are outlawed, only outlaws will have guns" - Louis L'Amour (1908-1988) Western novelist of ...
12OCT25 NEW Smart Casa🏠En Venta #EcuadorReport 3BR 2Bath 125m2 on a 100m2 Lote in Tababela #Quito✈️5 minutes Near to the #UIO🎒Quito International Airport for $79,950. (Nego)📉by JJinEcu🤠
MON 06OCT25 #ParoDay15#Ecuador #ParoNacional2025 #PUYO The community of Puyo, today marched against the government of Daniel Noboa. Strong repression and arrogance of the authorities is causing more and more sectors to join the National Unemployment protests. Today marks 15 days of protests." -
SUN 05OCT25 (11:03) #ParoDay14 #Quito #Ecuador Pres Noboa: "No one can come and take by force the capital of all Ecuadorians.
To those who choose violence, the law awaits them. To those who act like criminals, they will be treated as criminals.
We continue doing what is our duty: we will be in Pastaza tomorrow, together with those who truly build the country, helping those who need it most to produce more and get ahead." - (1/2)
"While some want to stop Ecuador, we propel it forward.
We will reduce the VAT to 8% during the holidays of October 9, and November 2 and 3, because this country is not going to grind to a halt because of a few who lost the business of smuggling and illegal mining.
To boost the local economy, on November 14 we will pay the thirteenth salary to public employees,
so families will have more money during Black Friday and Cyber Monday. We invite the private sector to join this initiative." - (2/2)
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