| ID | 2026 |
| Type | Condos |
| Sold | No |
| Contract | Sale |
| Status | For Sale |
Description
We offer a unique property for sale in the heart of the entertainment and restaurant sector of Cuenca’s historic downtown. One block from the Calle Larga, La Escalinata, Tomebamba River park, and the Iglesia La Merced, and five blocks from Parque Calderón. The building is restored as a replica adobe hacienda with an open-air patio. It currently functions as a profitable boutique hotel with four fully-furnished and -equipped apartments and two functioning commercial spaces facing Honorato Vazquez street.
The apartments have high ceilings and abundant light, and include sleeping and living areas and full-service kitchens, with modern and beautifully appointed bathrooms. The four apartments are 584 sq ft, 408 sq ft, 408 sq ft and 361 sq ft in area; the commercial spaces are 588 sq ft and 656 sq ft; the central patio and garden are 807 sq ft, with a broad entryway from the street to the patio of 248 sq ft. Property taxes and other city charges total less than $400/year.
This investment offers the dual advantage of a substantial monthly income from its 6 top-tier rental spaces, plus a location that assures steadily increasing property values.
$470,000.
