Ecuador has sold a historic home for $30 million, according to local media.
The historic home in the village of Cascadero, built in 1892, is located in the city of Oaxaca, and it was built in a small house on a hillside.
The house was donated by the family of a prominent Ecuadorian economist who lived in the area, who was among the first to have it built in the early 1900s.
The property, located in Oaxacan, is owned by the Oaxacana Club, which is a nonprofit organization that assists Ecuadorians who need financial assistance.
The buyer will also receive an 18-foot tall statue of the famous economist who helped build the home, the Daily Mail reports.
The home was originally purchased for $1.7 million in 2015 by the owner of the land that the house sits on, the newspaper reports.
The home was donated to the Ouxacana by Ricardo Martínez, a prominent member of the OAXACA Club, who bought the home after his wife passed away in 2015.
Martíneses wife was a member of OAXACO, the local club, and the two lived together for decades.
The family owns the home on a large lot, according the newspaper.
The OAXOCA, the OCA (Oaxacan Chamber of Commerce), and the OBA (Obligado de San Agustin de Oaxaco) all donated $1 million to the project.
The building was built during the era of the U.S. embargo on the country, which lasted from 1917 to 1961.