GringoPost | Ecuador: Own a slice of heaven... and $400k in free equity

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Own a slice of heaven... and $400k in free equity

La Villa Encantada is truly an oasis, and one that can be yours for a fraction of its appraised value. This property was built as the owners' dream home, but health issues are forcing them to move to lower elevation.

For this reason, the sellers are motivated to sell this property as quickly as possible and have agreed to reduce the price to $750,000. A recent appraisal (available upon request) has this property valued at more than $1.15M, which means the buyer will be getting more than one-third of this property's value as free equity.

Located just a few meters south of the Tomebamba river and within easy walking distance to Ordonez Lasso, this is as close to quiet country living as you can get without sacrificing the convenience of the city. The Villa comes fully furnished, including gym equipment and restaurant-quality kitchen appliances.

Some of the property's fantastic features and amenities include:

*Nearly 700 square meters of living space
*Spacious primary kitchen with industrial quality American appliances
*Secondary kitchen with walk-through pantry
*Outdoor kitchen with built-in gas BBQ and huge wood-fired brick pizza oven
*Large working fireplaces in living room and master bedroom, with US standard smokeless chimneys, and gas starters so you never need kindling
*Four bedrooms, three with private baths
*Walk-in closet in master bedroom, additional modular closet and seating area, en suite master bath with heated floors, towel racks, his and her sinks, and linen closet.
*Five and a half baths in total
*Fully equipped gym, separate from the main house, with machines, free weights, bands, and traction sling
*Dry or steam sauna, wired for sound and with fully customizable temperature and humidity settings
*Heated floors in the kitchen, master bathroom, living room, and gym
*Modular storage and shelving in bedrooms and office, fully customizable and removable, with the look of classic built-ins
*Custom-designed Ecuador-themed stained glass throughout
*Full dining room with open-plan for optimal light and a relaxing atmosphere
*Huge skylights and windows throughout
*Home theater with stadium seating couches for 7 and flat screen TV, separate from the main house for quite screenings
*Separate laundry room with stackable washer and dryer and built-in storage

Beyond the main living space, this property continues to deliver surprises and value:

*Separate guesthouse with iron pot-belly stove, fully-equipped kitchen, and unique stained glass accents
*Large storage area on the first floor of the guest house building - Could easily be converted into a second guest space or two-story guest house.
*Groundskeeper's cottage, currently used as a workshop, but fully plumbed for a living space with full bath and kitchen
*Separate two-car garage with ample storage and covered walkway leading to the main house
*Automatic irrigation system
*Functional well
*Rainwater collection system
*Multiple water supply systems, so you'll never be out of hot water
*Generator capable of running the entire property
*Israeli-built security system
*Electric gate, with separate service gate for large trucks and gas canister delivery right to your door
*Automatic lights throughout the property for added security after dark
*Sunny front patio with high-quality furniture

Whether you're looking for your own dream home, an amazing event space to rent out, or a compound-style airbnb, La Villa Encantada is the deal of the century.

**Cuenca Realty is the exclusive agent for this incredible price, but any and all agents with potential buyers should please get in touch (commission share available)**

Contact us via email at, by phone via Whatsapp at 098 738 8735, or via our Facebook page @CuencaRealty.

Furnished, $750,000, negotiable. Pets are allowed.

Address: Calle del Tahaul, Cuenca, Cuenca.

Please mention GringoPost when inquiring about this property. Property ID: RE-1547224326

I am a real estate agent, Claire Boyte White: 098 738 8735. Call after: 9 AM.