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Why Cuenca is one of the top cities to retire in
Ecuador Cities: Retiring In Cuenca & the Cuenca Ecuador Real Estate market
When people are looking at Ecuador cities to retire in, one of the first recommendations that they will get is Cuenca. This city is one of the top retirement havens in the country and an article from ABCNews report that there is an estimated 40,000 American expats in Cuenca in 2013. The number just keeps on growing and it pays to know why this is the choice of retirees as their retirement destination. Cuenca Ecuador Real Estate as well has continued to remain an opportunity market for expats as prices remain affordable even though they continue to appreciate. This mean Cuenca Ecuador Real Estate represents a solid investment market that can be entered into at the right time.
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The city that lies on the Andes Mountains is home to around half a million people. The scenic views and the low cost of living are only among the reasons why people from all over the world flock this city.
When you are retiring in any place, your major concerns include your budget, fitting in and the availability of amenities and services that is vital for a retired individual. Fortunately for you, these and more can be found in Cuenca. For more on the Cuenca Ecuador Real Estate listings, you can see here as well:
Why Cuenca is one of the top cities to retire in
First time visitors of Cuenca are usually captivated by the scenic views first. The mountain views in this highland city is just breathtaking. Unlike the coastal cities, it is a lot more chilly in this part of the country but when the sun is out, the climate is just as warm.
Being the third largest among the Ecuador cities, you can expect that it can offer you the modern amenities that you would require as you live out your senior years. In the past, the first few retirees say that you can live comfortably for $600 a month in this city. The slow and steady arrival of retirees from other countries have changed that. The costs have gone up since then but do not fret because it is still quite affordable. In fact, it is said that you can live quite comfortably for less than $1,500 in Cuenca. If you are more frugal, you can slash this number further. That even includes paying for household help that can take care of some of the tedious chores that you hated doing around the house.
Healthcare, is one of the primary concerns of retired individuals and you should be happy to know that this place has one of the highest standards in the country. But despite that, the cost is not too high. A doctor’s appointment will only cost you $20 and even house calls will only cost $30 to $40. Minor and major operations is also not cost as much as it will in your homeland. And those who have reported to have an operation in Cuenca is satisfied with the result and the treatment that they received.
Since Cuenca is one of the biggest Ecuador cities, you can expect that the living arrangements for the Cuenca Ecuador Real Estate market will be a bit more costly compared to other places in the country. But despite that, you can still consider them to be quite cheap. A fully furnished penthouse can be rented for $700 per month. A simple apartment for two, also fully furnished can be as low as $400 a month. The more luxurious the home, the more you have to pay for its rent.
The same is true for properties for sale in the Cuenca Ecuador Real Estate market. Depending on where you are looking, you can find great properties for less than $150,000. A 3 bedroom home in a small gated community can cost less than $100,000. A townhouse can cost $120,000 and so does a 4 bedroom home. It all depends on where you will specifically reside in the city.
In terms of your lifestyle, the presence of the state and municipal office in the city makes everything quite convenient. You have a lot of restaurants that range from fine dining to the more casual hang out restaurants. A meal can only cost you around $2-$3. Theaters, the orchestra and other festivals happen quite often and they will make you feel the rich culture of Ecuador. If you do not like to buy your own vehicle, a regular taxa will cost you $1.50 to $2.50. Most of the establishments are easily accessible so you can find that a lot of expats do not own a car. They love to walk anyway and since it is good for your health, this could be your choice of transportation too.
The culture in most Ecuador cities is very rich and this is what retired individuals would love to explore. It is actually listed as a UNESCO World Heritage Trust Site because there are a lot of historical buildings that are still standing.
You will love the people living in this city because they are family oriented and live in a leisure pace. It is common for workers to go home to eat lunch with the family and then go back to work in the afternoon.
Among the Ecuador cities, Cuenca has that perfect mixture of history, culture and modernism. It is worth exploring is you are still looking for a place to retire in.