Real Estate in Guayaquil, Ecuador

Last updated on Apr 15, 2023

Summary: The most desirable neighborhoods in Guayaquil, Ecuador are Las Penas, Urdesa, Samborondon, and Kennedy. The average cost to buy a nice 2 bedroom home in Guayaquil is around $100,000 USD, while a nice 3 bedroom home can cost around $150,000 USD. These properties typically include modern amenities such as air conditioning, a fully equipped kitchen, and a private balcony or terrace. Foreigners are allowed to purchase property in Guayaquil, however, they must obtain a visa and register with the local government. The best way for an expat to search for a home to buy in Guayaquil is to use a real estate agent or search online for listings. It is also important to research the area and the local market to ensure that the property is a good investment.

How do I find a place to live in Guayaquil?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Researching and finding a place to live in Guayaquil is a challenging but possible task. There are a number of options available, including short and long term rentals, as well as purchasing property. You can search online for places to rent or buy, or you could find real estate agents that can help you explore options in the city. Additionally, there are many neighborhoods and areas in Guayaquil you can research to understand their unique amenities and offerings. It is recommended that you visit a few of these areas and get to know the city before making a decision. Additionally, asking around online or in person can be a great way to gather local knowledge that may help you make an informed decision on where to live," said one expat in Guayaquil, Ecuador.

"Fortunately, my company hired a relocation firm. Sanborondon is the upper class, safe, and happening nearby suburb of Guayaquil. It was almost a given that I would live there as an expat with Company-provided housing. The Company also hired a realtor for us who helped with our search options (furnished, gated community, 3 bdrms, spacious, pool). Newspaper ads weren't very helpful at all. Word of mouth or realtors are the way to go," remarked one member in Guayaquil.

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.