How long have you spent in Ecuador?
Buying is a big commitment, so let's be sure you're here for the long haul.
I've researched the local market and understand the process and risks?
It's a very different market than your home market.
If I'm considering an off-the-plan development...
These are high risk as many projects start and do not finish.
If I choose to leave Ecuador, I'll be ok financially if the property takes 2+ years to sell?
Property can take a looong time to sell in Ecuador. You can't rely on the same market forces you're used to.
I think renting in Ecuador is...
Rental yields are relatively low in Ecuador. 3-5% is not uncommon.
Your Result:
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Please repeat the quiz and try different answer combinations.
I should stick to renting for 6-12 months first
What's your rush? Relax and enjoy cheap rent whilst you make a decision. Feel free to get in
contact if you have any questions on renting in Ecuador.
Show me all the properties, I'm ready to buy!
You certainly are ready to buy. What areas are you looking at? Feel free to
contact us if you have any questions on the process or just want some tips on potential areas to look at.
A question that many expats ask themselves on the start of their journey is whether they should buy property in Ecuador or rent first.
The decision can be made even more difficult when the excitement hits as you learn the price of property is a lot cheaper than in your home country. But, does this mean that buying is better than renting?
We've put together a simple, but hopefully thought-provoking quiz to answer this question. We think it's particularly useful for those considering taking the plunge and buying property in Ecuador.
Feel free to leave any constructive comments below!
This is certainly not meant to be financial advice.
