La Carolina

Quito's modern hub around its great central park, glass office towers, malls and high-rise apartments forming the city's most convenient, amenity-dense district.

Updated June 17, 202611 min read

About La Carolina

La Carolina wraps around Parque La Carolina, Quito's largest urban park, and forms the city's modern commercial and financial heart. The avenues here, Naciones Unidas, Amazonas, Shyris, are lined with banks, corporate towers, the Quicentro and CCI malls, and a dense stock of high-rise apartments. It is among the most popular districts for expats and professionals thanks to unmatched convenience. For investors, La Carolina offers liquidity and reliable, walk-everywhere rental demand. Modern apartments trade around $1,400–$1,700/m², with units from roughly $130,000 to $300,000, yielding a steady 6–7% gross to professionals and corporate tenants. The mix of park, offices and retail underpins durable demand and 3.5–5% appreciation, within Ecuador's foreigner-friendly, dollarized ownership system and well above the investor-visa threshold.

Location

La Carolina in Quito, Pichincha Province, Ecuador

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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