House Rental vs. Condo Rental in Cuenca Ecuador - Which is BETTER for You!

House Rental vs. Condo Rental: Each person and or family has different needs and preferences when it comes to renting abroad and this video shows you some of those differences that some people might like to know, such as advantages and disadvantages of renting either a detached house or a condo with 24/7 security. Only you can decide which is BETTER for you and your situation and preferences. 
        

10 Warning Signs You Might Be Paying Too Much for Rent in Cuenca Ecuador? Updated 2016

Some of you might think you got a great deal on your rental and maybe you have. However, we know that many expats in Ecuador are overpaying for their rental house or apartment. So consider the list below to see if you may be getting gringoed on your rent.

 

1. You procured your rental through an English speaking/ Ecuadorian real estate agent or online.  
2. You asked for any one of these amenities in your new place: views 2) elevator 3) by the river 4) near shopping 5) walk to Supermaxi.6) yard 7) a detached house.
3. You took the first price that was quoted and did not negotiate.
4. Your new place is a furnished one bedroom suite. (Tourist rental) 
5. Your landlord raised the rent after one year. (Illegal in Ecuador)
6. You paid two or three months rent upfront. (The locals do not do this)
7. You compared the Ecuadorian rental price to what you WERE PAYING in the u.s.
8. You brought your u.s standards of living with you.
9. You simply don’t care how much your rent is.
10. You’re paying more than $400 (now new gringo rate $600 to $1200 for a house) for an unfurnished 3-bedroom 3-bath house, or you are paying more than $350 for 3 bedroom 3 bath apartment that does not have 24 hour security or elevator.

None of these are a guarantee that you are getting gringoed, but we think you should use it as a gauge to see if perhaps you just might be over-paying for rent.  

Note: There are many variables that go into the price of a rental including but not limited to, whether bldg. has an elevator, square footage, foreign owners or local owners, etc. etc.  Houses have higher rents than apartments.

See our videos of beautiful homes in Cuenca for between $250 and $400!!              
We're an Expat Family of Five Living Frugal, Healthy and Happy in Cuenca Ecuador! Enjoy the blog!

Cuenca Modern Town House 200M (2,152') 4-Bed/3.5-Baths

Cuenca Modern Town House 200M (2,152') 

4 bedrooms and 3.5 baths.  

Town home is located in private gated community. The first floor has a big living room and dining room with access to the patio and garden area; also on the first floor is the kitchen and guest bathroom and a laundry area. The home has nice finishes and is bright.  

living room area

Second floor has a big master bedroom with walk-in closets and bathroom ensuite (bath tub). Also on floor two is 2 more bedrooms with built-in closets and full bathroom.
 
Third floor has 1 large bedroom and bathroom, plus storage space. 
 
Outside area has covered parking for one car and more storage space. The house is fitted with a whole house alarm system, phone line and ready for cable; just need to call them out. 

This Cuenca home is located in a super location near Avenida las Americas, grocery shopping (Coral Centro) and bus line. Monthly rent is (Asking price) $350 plus $20 for condo fees. 

*****

Large 200M (2,152') Cuenca Apartment 3/2

This nice four year old apartment is all on one level (no stairs) and is comprised of kitchen, laundry, green area, living room/dining room, master bedroom with bath and two more bedrooms and full bath. Bedrooms all have built-in closets.  The apartment comes with one parking space. Near to shopping and bus line. Asking price $370 per month!

These are the best value rental options in Cuenca today and they are available now.  Take a look at our Assistance Packages and choose the one that fits your needs; and we'll provide the priceless protection for your smooth transition abroad from Gringo Good Samaritans. http://www.gringogoodsamaritans.com