Interested in starting your own business and pursing dreams of entrepreneurship? Cuenca may be the place for you. Unlike the United States, there seems an economic renaissance in Cuenca. Business seems steady, there are help wanted signs in windows and people seem to be living well. Today’s adventure in the Spanish was all about being the master of your own destiny.
Today was one of those days when we choose to be girly and get our nails done for $1.50 per person. My travel partner was excited since this is an activity we never engage in at home.
Here in Cuenca there are all sorts of businesses, from the extremely affordable to the “almost the same price as home”. That said, after are girly interlude, we were presented with the following proposition (in Spanish) – “Why not start a new hostel?”
Start a New Hostel/Restaurant/Cafe/Shop!
- There is a very strong tourist industry here and it keeps getting better as the reviews on Cuenca pile in;
- North American (ex Mexico) travellers, in particular, tend to feel very comfortable and gravitate toward “American” owned businesses;
- English speakers like to deal with English-speaking venues;
- There is a large permanent community of expats that patronize attractive, well-run businesses;
- Cuenca has visitors year round and profitable pricing for you may still be affordable pricing for your visitors, relative to their home country.
Are you interested? Well, these are the points that I was given, not by a real estate agent but by the owner of the property who happens to be one of the first Cuencanos I met here. Now, to be fair, I have no plans on investing in real estate at this moment; nor do I have plans to become a real estate agent…just for the record. But, I was curious. I love seeing traditional architecture and the use of space and like, and he did make some good points. Also, as the owner of the property, I think he was giddy about showing it to an “Americana/Gringa”. (Yes folks, just proves the point that it doesn’t matter what color you are, if you are North American (ex Mexican) you’re a gringo…not pejorative, just a fact.)
So if you have ever considered running your own bed and breakfast, hostel, cafe, bar, etc., etc. – here are some pictures of what you can pick up for an asking price of $275,000 (which after negotiations and write downs, could be a bit less).
Muy interesante! A little Spanish knowledge will get you very very far.