Historic, colonial downtown home is great investment and super special

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

The home includes a furnished 3000 sq. ft colonial home that can be the owner’s home, the on-site managers living quarters, or a high-end family Airbnb suite. There are also 3 self-contained, fully furnished suites (which have access to a central garden and courtyard with a fountain and a shared laundry room). In the beautiful courtyard, you’ll also find a covered gazebo with electrical outlets so digital nomads and remote workers can enjoy a quiet, outdoor work experience in the heart of downtown.

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

Casa Tierra Cuenca is perfectly situated on Hermano Miguel in the Las Platos neighborhood of Cuenca (also known as Todo Santos)– an area that won the “Best Neighborhood” award from the local publication, Gringo Post, in 2016.

The property is 4 blocks from the city center and Parque Calderon and 2 blocks from one of the nicest parks (Parque de la Madre) and the city’s largest river, the beautiful Tomebamba. The Tram is 4 blocks from this home and Calle Larga (central bus lines) is only two blocks 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 from this ideal property, and just across the river is the new part of Cuenca, with additional restaurants, shops, banks, and hospitals.

The main unit of the home is a three-bedroom, three-bath 3,000 square foot apartment. It has its own entrance from the front of the house, as well as an entrance from the courtyard, its own private patio on the third floor, a very large custom kitchen (granite counters, dishwasher, center island and artisanal tile backsplash), a dining area with a large dining table and chairs, a balcony off the master bedroom, a large loft overlooking the formal living room and secured storage space. There is also a garage behind the house.

The three other suites come equipped with kitchenettes and full, en-suite bathrooms. They also have room-appropriate appliances, kitchen accessories, bedding, linens and everything needed for a long-term stay – all included in the purchase price. High-speed fiber optic Internet is in every suite and each suite has its own dedicated router.

The suites in Casa Tierra Cuenca are consistently occupied and receive rave reviews and oftentimes repeat tenants. The current owner bought this property to live in at one time, and so kept rental prices very low … especially after Covid. An investor or couple looking to make great money and put the time in could easily generate up to $5,000- $7000 a month. The cafe is rented out for $650 per month.

This popular downtown property was renovated by a North American couple with the help of esteemed Ecuadorian architect, Lourdes Abad, who is renowned for her work with preserving historic earthen buildings. A sought-out lecturer at UNESCO conferences around the world, Ms Abad is known in Cuenca for revitalizing famous landmarks including Puente Roto (Broken Bridge) and the San Francisco Church.

Casa Tierra Cuenca and the architect were awarded the coveted “Fray José María Vargas” Award for best historical renovation by the city of Cuenca and the home was featured in a publication of UNESCO Heritage renovations, making this an even greater investment and a cultural treasure for any buyer.

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

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

Address: Hermano Miguel, Cuenca.

Furnished, Negotiable, Pets are allowed.

Please mention GringoPost when inquiring about this property. Property ID: RE-1685124474

I am a real estate agent, Ecuador At Your Service:
Ashley@ecuadoratyourservice.com 099 547 5116