This prime 532 square meter Cuenca riverfront investment property is perfectly suited for commercial development or an exclusive luxury condo building in the heart of the beautiful UNESCO World Heritage site city of Cuenca.

This was the dream of the property’s owner, an American entrepreneur who is reluctantly putting this parcel of land up for sale due to other time-consuming business obligations.

The land has already been cleared and is ready for immediate development. It is located in one of the top neighborhoods in Cuenca … Puertas del Sol … on the Tomebamba River. With this exceptional riverfront property, your beautiful views are ensured forever.

Behind this riverfront property an exclusive new condominium building, Edificio Goya, is under construction by one of Cuenca’s top architects, illustrating the popularity of this neighborhood and its prime location.

The owner has already secured building permits (though they will require renewal) and has an architect/developer in mind that could build … and is familiar with the project.  Interior designers are also on board who have experience bringing in containers filled with furniture, rugs, and lighting from around the world once the complex is completed, should the investors be interested in a full, turnkey project.

The owner’s idea — La Toscana — was conceived of as a luxury building with six very large two-bedroom two-bath apartments with large terraces, and a penthouse plus underground parking and three commercial areas.

The land could accommodate a less exclusive apartment complex, with more apartments should the buyers choose to go that route and there is a possibility of adjacent land being available for sale —  which Ecuador At Your Service can check on — making the entire building area even larger if the investor is interested in a more expansive building project. This land could also accommodate a parking garage thanks to its proximity to the Tram, for people who want to leave their cars and ride into downtown.

However, having a high-end, boutique luxury apartment complex near the colonial downtown area, would draw wide appeal for both expats and locals.

Here is the vision for La Toscana:

Introducing La Toscana…even the name evokes “la dolce vita” – the sweet life

La Toscana will offer the discerning buyer a premier luxury lifestyle that is totally unique in the beautiful colonial city of Cuenca, Ecuador. This innovative concept will establish a new standard of high-end condo living and will appeal to discerning expats and locals alike.

The building’s design celebrates the warmth and charm of Old World European styling while keeping with the tradition of Cuenca’s Spanish Colonial heritage. Influences from Italy, Colonial Mexico, and California Mission-style add to the elegance and rich living environment.

La Toscana will offer all of the modern conveniences that select buyers expect … plus many extra features that you will not find elsewhere in Cuenca’s condo community. Features like fireplaces in every condo, beautiful imported tile, hand-scraped wide plank real wood and tumbled travertine flooring, handmade real wood cabinets with antique hardware, French doors opening onto beautiful wrought-iron balconies and massive terraces. Arches, beams, niches and unique architectural features complete this exquisite and totally unique property.

Each condo will have its own private outdoor living space and plenty of light throughout, along with a state of the art kitchen, high-end appliances and electronic security entry, as well as an underground parking space and an ample storage unit. The building will have 24-hour security services in the lobby. There will also be three commercial spaces on the ground floor.

Located on the gorgeous Tomebamba River in one of Cuenca’s premiere neighborhoods, La Toscana will offer views of the river, the majestic Cajas mountains, as well as the blue domes of the Cuenca’s Cathedral and historic downtown.  Set on a quiet corner of 3 de Noviembre, the building is conveniently located to the Las Americas shopping area and Cuenca’s largest grocery store SuperMaxi, as well as to Cuenca’s soon-to-be-completed Tram system, and is still within walking distance to the historic downtown area.

Floor plans have been formulated by the owner, as has a preliminary budget to build such a project. These are available upon request for serious investors only. The accompanying videos illustrate the vision of La Toscana, but the possibilities of projects that can be built on this land are limited only by the imagination of the buyer and investor.

These video renderings provide a more visual understanding of the proposed project — exterior and interior — which is ready for immediate development and a quick return on investment.

Proposed La Toscana Exterior: https://vimeo.com/377133517

Proposed La Toscana Interior: https://vimeo.com/376945768

The asking price for this prime Cuenca riverfront investment property, including all of the architectural plans, initial permits, and ideas is $450,000.

Property Features

  • Complete Architectural Plans Available
  • Great Cuenca Investment
  • Popular Puertas del Sol Location
  • Prime Riverfront Property
  • Turnkey Project for Right Developer