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Cozy Home with TONS of Space and Rental Opportunities

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Property Description

Welcome to this cozy home that is just waiting for you to move in and start living your dreams in one of the most cultural cities in Ecuador! This 590 square-meter (6000+ square-foot) house has three levels with separate entrances, allowing you to rent out different areas if you want residual income or you can simply have a super spacious private residence. 


The main level is the primary house area with three bedrooms, a studio, two and a half bathrooms, a living room, a large kitchen with cabinets, a dining room, a back patio, and warm wood floors in various areas.   


The uppermost level has a separate small apartment with two small bedrooms, a living area, a compact kitchen, and a dining area. This apartment has a separate entrance which makes it convenient to rent out.


The bottom level has been used as a day care and as such it has three large “classrooms”, an office, and two bathrooms. This bottom level nearly doubles the area of the main house level, so you could have extra bedrooms and living areas by using this as part of the main home. However, if you wanted some additional income, you could have this space be a daycare, training center, office space, or perhaps another apartment. It also has a separate entrance. 


Throughout the house you will find lovely wood finishes in accent walls and French doors that add texture and character to the space.


This property is conveniently located 5 minutes from the center of the city, so just minutes away from all the amenities. 


Price: 395,000


Property Data


Location: Loja, Ecuador

Property Size: 590 m2 (6000 ft2)

Construction Area: Approx. 560 m2 (6027 ft2)

Main Level - 3 br / 2.5 ba

Uppermost Level - 2 br / 1 ba

Bottom Level - 3 br / 2 ba

Population: 181,000 (city)

Altitude (city): 2,060m (6,758ft)

Altitude (property): 2,240 (7,349 ft)
Distance to Airport (Catamayo): 45 minutes by car

Distance to Vilcabamba: 45 minutes by car

Annual precipitation (Loja): 1,058mm (41.65 in)

-Estimated Closing Costs: $7,425

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