Friday, March 18, 2011

Location, Location, Location!

One of the questions we receive a lot is, "Where do we rent or buy?"

That's a difficult one to answer because some folks love to be in the center of town, others enjoy a view of the Cajas Mountains (El Cajas), and then there are those who love the sound of the river rippling outside their window. However, we've seen folks -- still in the honeymoon stage of their visit to Cuenca --buy up properties or rent places that may not be a dream come true, all because they didn't investigate the location!

This week Riverside Condos started their building process (14 stories) right next to the Palermo Edificio (18 stories). That means that the folks on the Palermo side with the stunning views of the Cajas will now be looking into their neighbor's bedroom windows (not to mention a loss of the gorgeous skyscape they once enjoyed).

We already know of folks trying to sell their condo or get out of their leases because for the next 2-3 years, they will have to listen to the sound of dump trucks, drilling and hammering.

So how did these folks know -- when they bought their condo -- that there would be another building just as large being built right next door?  The answer is simple: they didn't know! However, at the rate that Cuenca is growing and with all the Americans retiring here, it's a good bet if there is a large piece of land next to your current place, it just might be the next new high-rise.

It's a good idea to inquire -- if you're looking at a condo with a view -- what might be cropping up next door. If there is an empty piece of land, it's a great possibility that something might be obstructing your view in the near future. Also, visit the place during different hours of the day:  morning, afternoon, and evening to get a check on the noise level. We live 50 yards from the river which drowns out almost all the noise of traffic. We also knew that we wanted a balcony overlooking the river (it adds another dimension to your living). Our favorite part of the day is waking up and having our morning coffee out on the balcony.

And it could be that city living isn't right for you and you decide to live outside of Cuenca in one of the wonderful little towns nearby. During Carnaval we took a trip to SigSig, Gualaceo and Chordeleg with our good friends Miguel and Carmen. Along the way we saw some gorgeous properties and stunning views. Who knows, you just might decide on a little plot of land in the country!

Remember the old saying:  location, location, location!

Until next time,

P.S. Celebrating my 100th post!


Karen Kimbler said...

DITTO on that idea! I like the old adage, if the deal is only good for today... then maybe its not such a good deal.

Jim said...


You are so right! I have seen this kind of thing happen many times in Chicago during its condo building frenzy up until the economic slowdown of the last three years. People who had beautiful views of the city or Lake Shore Drive and Lake Michigan, only to have their view completely blocked out by new construction.

Connie Pombo said...

Karen, I remember running across the street all hours of the day to check the noise level of our new place. We didn't want to make the same mistake twice.

Jim, thanks for your comment! We were all surprised by this new "development" in Cuenca. We had heard there was to be no more high-rise condos, but I guess you just never know!

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