Colonial Quito real estate and investment tours
Excelsior Tour’s Colonial Quito real estate and investment tours are designed to give you an in depth view at not only opportunities but also the market scenario and the proposed plans for the area. Colonial Quito was the first city to be named a World Heritage site by UNESCO and is widely acknowledged to be the largest, oldest and best preserved colonial centre in Latin America. We offer our tours for three nights as we believe this will be sufficient time to understand the potential here.
Quito has been undergoing a substantial, albeit slow, redevelopment process for the past three years. UNESCO along with the City of Quito have drastically improved the area and have partnered up together for large shopping areas, condominium projects, renovation of historic landmarks, and offering modest financing for developers. The proposed future projects consist of………..
- Two new five star hotel developments to be completed by 2007
- Cable Car system to top of Panacillo Mountain
- Development of La Rhonda (oldest street in Quito) for restaurants, bars and cafes
- Elimination of Public Busses by 2007
- More pedestrian streets and limited automobile access for non Property owners
- Five new mid range and upscale condominium projects being offered by the city of Quito to be completed by 2007.
The advantage for our clients is the knowledge of these developments and to take advantage of them. Colonial Quito’s main attraction now is tourism but we believe it will become a more attractive location for people to live. A part from the efforts of the city of Quito and FONSAL, foreign investment from the private sector is what is driving the developments in Colonial Quito.
