Ricaurte is a growing suburban parish about 15 minutes northeast of Cuenca's center. Known for its proximity to the Baños thermal baths and hot springs, it offers a more affordable alternative to central neighborhoods while still providing good access to the city.
The area features a mix of traditional Ecuadorian homes and newer construction. Ricaurte has its own central plaza, market, and local restaurants serving traditional fare. The famous Baños de Cuenca thermal springs are just a short drive away, making it popular with health-conscious expats.
Housing costs are significantly lower here — expect to pay 30-40% less than El Centro for comparable space. The trade-off is less walkability and fewer international amenities, but a more authentic Ecuadorian living experience.