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 ...
01JUL25 - SOUTHCOM’s TMPI: Towards Integrated Deterrence in the Americas by Building Maintenance Capacity- #ECUADOR - "Analyzing Ecuador’s foreign policy trajectory over the past two decades is pertinent to illuminating the region’s evolving political and security landscape. During President Rafael Correa’s administration between 2007 and 2017, Ecuador pivoted by severing its military relations with the US.
This comprehensive shift included ordering the closure of the security cooperation office in the US Embassy and honoring but not renewing the lease term for the Manta Air Base, causing the withdrawal of approximately 300 US military personnel stationed there.
However, this period of strained relations was followed by the re-establishment of the Office of Security Cooperation (OSC) in 2018, signaling a potential shift that ultimately materialized with new military cooperation agreements signed with the US in 2023 under President Lasso and ratified in 2024 by President Daniel Noboa. ...
25JUN25 "Ecuadorian President Daniel Noboa announced this Thursday the capture of Adolfo Macías Villamar, alias "Fito ," considered the leader of the Los Choneros organized crime group.
"For those who opposed and doubted the need for the Solidarity and Intelligence laws : thanks to those laws, Fito was captured today and is in the hands of the Security Bloc," the president posted on the social network X.
"We have done our part to proceed with Fito's extradition to the United States , and we await your response. Have a good afternoon, Ecuador," Noboa added.
The criminal leader had been on the run for over a year and a half , after escaping from the Guayaquil Regional Prison and hiding his tracks while the country was engulfed in a spiral of violence, culminating in the brief takeover of a television station.
'Fito,' who was serving a 34-year sentence for organized crime, drug trafficking, and murder , escaped on January 7, 2024, as he was about to be transferred to La Roca, a ...
🚨US State Department asks all US passport holders to leave Iran by land- WN https://chat.whatsapp.com/JWtYVzaIHSjA3A8wkpTpmD
Telegram - https://t.me/WN_World_News
