An innovative 4-story home with a personal elevator and a potential income stream is now for sale in the historic, El Centro area of Cuenca.

Newly built from the ground up in 2014, this special property features 4 floors – each 323 square feet  — for a total construction area of 1,292 square feet.

Floors one, two and three each have a separately keyed entry door and include one bathroom and one kitchen, making them suitable as studio apartments or rental units, should the new owner want an investment, income property.

If the buyer prefers a single family dwelling, this unique space can easily be converted to a dazzling 4-story condo with an elevator … something rarely found in downtown properties.

The current owner, who is the single occupant, has designated each floor as a different room in his home – the ground floor (floor 0) features a workroom, the first floor is used as a living room, and the second floor as a bedroom. Both the first and second floors have exterior balconies with views of the downtown Cuenca and the Tomebamba River area, as well as the newer part of Cuenca across the river. The top floor has a bathroom, enclosed laundry area, and an outdoor terrace with a hot tub/spa.

The floors throughout the home are a combination of tile and bamboo. Floors 0 and 1 are protected by an alarm system, and the first floor balcony has an electrified security fence.  All cold and hot water supply lines are copper and an emergency water supply tank is installed on the roof.

The property is located on a pedestrian walkway over looking Rio Tomebamba, right off the popular street, Calle Larga where some of the top restaurants, museums, and shops are located. A large and colorful Mercado (fruit and vegie market) is four blocks away, as is Parque Calderon and the center of downtown. Conveniently located just off the river, it’s an easy walk across the river to the new part of town as well, with its Supermaxi grocery store and many fine restaurants.

This exceptional property comes with the spa tub, patio, refrigerator, microwave, range oven and hood, built-in bookshelves, an infrared wall heater, window shades, ceiling fans, a wall mounted flame heater, carbon monoxide detectors, propane gas detectors, alarm system, balcony security fence, and much, much more. A detailed list of inventory items is available upon request.

Whether you’re looking for a stunning home or an investment opportunity, this property has it all.

The listing price is $139,000.

Property Features

  • 3 Terraces
  • Great Views