Av. Ordóñez Lasso

Av. Ordóñez Lasso is where Cuenca builds upward. The avenue running northwest from the historic core toward Cajas National Park is lined with modern high-rise condominiums, supermarkets, hotels and the city's highest concentration of amenity-rich new construction. It is a long-standing favorite for expats who want elevators, parking, security and mountain views without colonial maintenance headaches. This corridor commands Cuenca's top commercial pricing, around $1,300/m², with new two- and three-bed condos from roughly $110,000–$220,000. Turnkey modern stock rents readily to professionals and longer-stay expats at 7–8% gross yields. Because it offers the new-build product the heritage core cannot, it captures steady demand and supports 3.5–5% appreciation, all in a dollarized, foreigner-friendly ownership regime.

Av. Ordóñez Lasso in Cuenca, Azuay Province, Ecuador