26DEC24 "The average price per square meter in Quito has reached $1,215 in 2024, making it one of the most affordable cities in Latin America to purchase housing.
This is supported by the Latin American Real Estate Survey study, by the Center for Research in Finance of the Torcuato Di Tella University and Plusvalia, from the end of 2024, which reports the price per square meter of 13 cities in eight countries in the region.
The affordability of housing in Quito is determined by comparing it with prices in other cities in the region. For example, the price per square meter in Montevideo reaches $3,454, that is, almost three times the price in Quito.
In contrast, the average price per square meter in Mexico City is $2,706, and in Buenos Aires $2,540.
These are the cities that lead the ranking of the most expensive in the region. In Buenos Aires, prices have risen 5% in dollars, amid economic measures adopted by the government of Javier Milei to control inflation.
"In a context of high prices in the main cities of the region, the real estate market in Quito stands out for its relative accessibility and stability, which favors both investors and local buyers," says Plusvalia.
Gonzalo Rueda, general manager of the market consultancy firm MarketWatch, announced that the price per square meter in Quito has remained stable or decreased over the last year. He made this statement at a seminar with the brokerage firm Mercapital.
However, the phenomenon in Guayaquil is the opposite, with an increase in the average price being reported. What is the reason for the behavior of property prices in Quito?
Several factors influence this, including oversupply, which is evidenced by the fact that the number of completed projects on the market is increasing, especially in the case of houses, said Rueda."
🤠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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