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Ecuador's housing market is pulling in different directions — rents are rising faster than sale prices, the construction sector is growing 4.1%, and affordability is becoming a concern in popular expat areas. Here's where things stand.
Ecuador's rental market is tightening sharply in Cuenca, Quito, and Guayaquil, with rising demand from both locals and expats pushing monthly rates higher. Meanwhile, property sale prices are firming up after years of stagnation, with condos and gated communities in highest demand.
Lonely Planet's Best in Travel 2026 features horseback riding among Ecuador's chagra cowboys near Volcán Cotopaxi as one of 25 must-do experiences worldwide. The recognition comes as tourism numbers approach pre-pandemic levels and Cuenca rents climb 20% in central neighborhoods.
Once overlooked by foreign buyers, the Pacific coast city of Manta is now one of Ecuador's hottest real estate markets, with beachfront property values climbing 25% in the past year alone.