Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Ecuador.
Ecuador’s tourism industry has been growing steadily, and cities like Quito, Guayaquil, and popular coastal destinations are attracting both international and local tourists. Investing in properties in high-traffic tourist areas can yield high returns.
With increasing tourism and expatriate interest, especially in cities like Quito, Cuenca, and coastal areas like Salinas, the demand for rental properties is growing. This creates opportunities for high returns on investment through rental income or property value appreciation.
Ecuador is home to a growing expat community, particularly from the U.S. and Europe. Many people are attracted to Ecuador for its welcoming culture, lower cost of living, and diverse landscapes, which in turn increases demand for homes, especially in areas popular with expatriates.
Ecuador has laws that protect foreign investors, making it easier for non-citizens to purchase property. Additionally, foreigners have the same property rights as Ecuadorians, which can add confidence for international buyers.
Ecuador is strategically located in South America, with access to both the Pacific Ocean and neighboring countries like Colombia and Peru. This makes it a good choice for those seeking opportunities in trade, tourism, or cross-border business.
