They say “good things come in small packages” and that’s exactly what you’ll get with this brand-new, never-been-lived-in 601 square foot (56 sq. meters) one-bedroom studio apartment in El Centro that nearly doubles in size thanks to its 493 square foot (46 square meters) L-shaped terrace.

This is a perfect live-in city pied-à-Terre or investment rental property, thanks to its ideal location and modern amenities.

Located in the newly-constructed Casas del Ciprés, the condo is situated directly off the popular street, Calle Larga —  known for its fine restaurants, museums, markets, and shops. The building has a second entrance on the beautiful walking path of the Tomebamba River, so it is perfect for nature-lovers looking for a sense of calm and serene right in the heart of the city center.

The Casas del Cipres building recently won first and second prizes in design from Bienal Internacional de Arquitectura and the first prize for New Building Construction from the Municipality of Cuenca. The building has a beautifully manicured communal garden and water feature and was named after the ancient cypress tree located on the river bank and for the maintained trees found around and inside the perimeter of the complex.

Made up of 23  apartments and 3 trade premises on Calle Larga, the project was created by renowned property developer ISAM, who has designed six hugely popular buildings in the historic downtown area.

The much-anticipated building opened its doors in January 2019, and this condo is one of the very lasts units for sale in the building.

The airy modern, compact one-bedroom studio-type condo is bathed with natural light thanks to the huge sliding glass doors that lead out to the terrace. One portion of the L-shaped terrace is directly off the open concept living, dining and kitchen areas, and is perfect for putting your table and chairs out to view the red-tiled rooftops of the colonial UNESCO world heritage site city of Cuenca.

An enormous, secondary portion of the terrace is located to the left of the smaller patio area and has ample space for gardens, seating and lounging areas, and a barbeque or outdoor kitchen.

The efficiency kitchen inside the condo is perfectly designed and even has a small window for views and airflow. The kitchen comes with an induction stove-top and range hood and has room for a good-sized refrigerator, oven and a microwave.

The separate bedroom has floor-to-ceiling double sliding glass doors that lead out to the terrace. These double doors ensure a quiet night’s sleep and secondary insulation on chilly Cuenca nights.  The bedroom includes a queen-sized bed frame, closets and drawers and has blackout shades that come with the apartment.  There are also window treatments in the main living area covering the sliding glass doors for privacy at night.

The modern all-white bathroom is equipped with bathroom fixtures and a designer sink.  Approximately $10,000 of amenities and upgrades have been added to this apartment, including beautiful natural wooden floors and plants and planters for the terrace.

Please note, the condo requires walking up 6 flights of stairs, so it is not a unit for anyone with physical challenges. There is a dumbwaiter/small elevator that carries suitcases and groceries up for ease.

This unusual find, in the middle of El Centro, is priced at $126,000, non-negotiable. Fully-furnished the unit will sell for $136,000 including all furniture and decorative items, allowing you to move right in.

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