House in Quito for sale
A lucrative
real estate investment
in Ecuador:
Residential and commercial building.
The property is located
in a convenient location
near the international
well-known tourist area
“La Mariscal”.
Quito
Your Place in Ecuador?
Explore and decide!
This is the one!
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Administración Especial
“Turistica LA MARISCAL”
“Turistica LA MARISCAL”
Applicable building law/development:
Urban Development Use “APROVECHAMIENTO URBANÍSTICO (PUGS)”
Residential use zones where the development of amenities, businesses, and services at the neighborhood, sectorial, zonal, and metropolitan levels, as well as low-impact industries, is allowed.
Facilities and commercial, as well as service activities, can occupy 100% of the Total Floor Area Ratio (COS), and low-impact industrial activities can occupy 100% of the COS on the ground floor.
One property. Many opportunities.
For example, as a rental property in an attractive business location in Ecuador.
Building Law, Zone: “Residencial Urbano de Alta Densidad 3 (RUA-3)”
Floors: 8
Max. height: up to 32 m
Total building area (COS total): 400 %
Base of building (COS ground floor): 50 %
Front distance limit: 5 m
Lateral distance limit: 3 m
Rear distance limit: 3 m
Distance limit between 2 buildings: 6 m
An ideal real estate investment in Quito,
For example, as a long-term retirement provision
for locals and expats.
For example, as a long-term retirement provision
for locals and expats.
Utilization concept/structural use:
The building has been used as a hostel in recent years. The business inventory and the furniture of an operator’s apartment (separate apartment) can be taken over.
Variant of use for the hostal, also for investment communities: An international community of active seniors could enjoy the best of both worlds here – their own private home and at the same time the opportunity to cultivate social contacts and undertake joint activities. The hostal would create a warm family atmosphere. Thanks to its central location, numerous shops, bars and restaurants are within easy walking distance and offer an ideal base for a fulfilling and entertaining retirement.
With its 2 street fronts, the corner plot offers a wide range of planning and use options. Other alternative business concepts – due to the location and the associa-ted infrastructure – would be for example, running a day restaurant with a pop-up store or a café with an integrated travel agency and a coordinated event location could be possible.
A conversion to themed property for the art, culture or creative industries or as a serviced office/coworking center would also be conceivable.
It could also be converted into a prestigious residential and commercial building or a center for specialist training or concept property, e.g. for human, dental or small animal medicine or – with an eye to the future – an innovative AI “LearnHub”.
Conditions of purchase and methods of payment:
Taking into account tthe creditworthiness of the potential buyer, it is possible to accept alternative payment methods for the purchase price:
As your trusted point of contact in Switzerland, we represent the interests of the property owners. In Quito, we provide you with top-notch local real estate experts who are supported by experienced local attorneys and notaries. We are more than happy to take care of the seamless coordination of these expert teams for you.
No binding offer. No liability. Subject to prior sale. Our website provides users with email addresses to enable direct communication with us. If you contact us by e-mail, the personal data you transmit will be saved. There is no transfer of this data to third parties. This data is only collected to process your request.
March 2024 | S. E. & O. | Subject to changes and omissions.
“You have to take advantage of the moment that once only presents itself.“
Experience life in Ecuador: Quito must be felt….!
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