Cuenca, Colonial House, It's A Great Investment, Airnbnb or Live In The Property

Cuenca
Furnished house • 7 room(s) • 9 bath. • 863 m² • 3rd floor
$565,000

LAND: 274.95 M2
CONSTRUCTION: 863.66M2
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Casa Tierra is a unique, turnkey, historic colonial home in the El Centro area of Cuenca and is a great investment, Airbnb or live in property. If you have ever longed to own a boutique, Airbnb colonial or an exclusive bed and breakfast.... or if you are a family wishing you could live in an award winning, furnished, heritage home in the heart of this beloved UNESCO World Heritage city while having immediate, built-in income...this fabulous 3 story property has it all.

The property is 4 blocks from downtown and Calderon Park and 2 blocks from one of the most beautiful parks (Parque de la Madre) and the city's largest river, the beautiful Tomebamba. The Tramway is 4 blocks from this house and Calle Larga (central bus lines) is only two blocks away giving tenants and owners access to transportation without the noise and pollution of being directly on a bus route. Everything the city has to offer in El Centro is within walking distance of this ideal property, and just across the river is the new part of Cuenca with additional restaurants, stores, banks and hospitals.

Casa Tierra Cuenca is a unique, turn-key, historic colonial home in the El Centro area of Cuenca and is a great investment, Airbnb or live in property. The list price for this fully furnished downtown gem is $565,000.

The home includes a furnished colonial that can be the owner's home, the managers living quarters on site or a high-end family Airbnb suite. There are also 3 separate, fully furnished suites (which have access to a central garden and courtyard with a fountain and shared laundry room). In the beautiful courtyard you'll also find a covered gazebo with power outlets so that digital nomads and remote workers can enjoy a quiet, outdoor work experience right in the heart of the city.

In addition, the property comes with a commercial space complete with kitchen, dining room, bathroom, indoor and outdoor garden seating, and a separate office. Currently, the commercial space is a highly successful cafe, popular with visitors and locals alike. As an Airbnb owner, there's nothing better than having a garden café with great tasting coffee and delicacies right on the premises.

The suites at Casa Tierra Cuenca are constantly busy and receive rave reviews and often repeat tenants. The current owner bought this property to live in at one time, and thus keep rental prices very low...especially after Covid. An investor or a couple looking to make great money and put the time in could easily generate up to $5,000-$7000 a month. The cafe rents for $650 per month.

This popular downtown property was renovated by an American couple with the help of esteemed Ecuadorian architect Lourdes Abad, known for her work in preserving historic earthen buildings. Ms. Abad is known in Cuenca for revitalizing famous landmarks such as the Broken Bridge and the San Francisco Church.

Casa Tierra Cuenca and the architect were awarded the coveted "Fray Jose Maria Vargas" award for best historic renovation by the city of Cuenca and the house was featured in a UNESCO Heritage renovations publication, making it an even greater investment and cultural treasure for any buyer.

During its renovation, the house and its owners were also featured in a special one-hour episode of the television show "House Hunters International Renovation" titled "Cuenca Calling" that aired in July 2016. A new roof, gazebo and fountain, and updates have been steadily implemented by the current owner.

Casa Tierra Cuenca is a unique, turn-key, historic colonial home in the El Centro area of Cuenca and is a great investment, Airbnb or live in property. The list price for this fully furnished downtown gem is $565,000.

Spaces

Rooms7
Bathrooms9

Surfaces

Living863 m²
Land274 m²
Catering kitchen
Common lounge
Common terrace
Dining room
Furnished
Garage
Intercom
Internet
Rooftop lounge
Terrace
Washing machine
Wine cellar

Cuenca

The agent has not provided the exact address for this property. You can request it here.
View on city
TypeHouse
Construction year2023