Earn a good rental income in this overlooked colonial market

Earn A Good Rental Income In This Overlooked Colonial Market

Plus: Gated Communities vs. Condos

Cuenca, Ecuador, has been one of the world’s top retirement destinations for almost 10 years now. I retired there myself in 2001. And, like me, the vast majority of the expats in Cuenca were attracted by the lifestyle rather than by its investment potential.

Here are just a few of Cuenca’s big draws.

  • A former Inca capital, Cuenca is now one of the best-preserved Spanish colonial cities in the Americas, and, not-surprisingly, is a UNESCO World Heritage Site.
  • It enjoys year-round spring-like weather.
  • Health care is excellent and inexpensive, with a good selection of modern facilities.
  • Cuenca is a walkable city, where most expats don’t need to own a car.
  • The cost of living is super low. Probably the best quality of life you can find on a low budget in Latin America.
  • The cost of properties is still incredibly low, even after impressive long-term gains.
  • Cuenca enjoys one of the largest expat communities in the world today, with thousands of retires and part-year residents moving down during the past eight years or so.

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