El Salvador Real Estate Tips (don't miss these!)
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- Опубликовано: 5 фев 2025
- Are you considering renting or buying property in El Salvador but feeling overwhelmed by the process?
In this episode, I'll share my experiences and insights to help you navigate the real estate market and find your dream home.
As an expat, you might face challenges such as rising prices, lack of a centralized listing system, and cultural differences in negotiation and property maintenance. These obstacles can make your search for the perfect home feel like an uphill battle.
But don't worry! I'm here to guide you through the process and provide valuable tips to help you overcome these hurdles. From networking with locals and expats to working with multiple real estate agents, I'll share strategies to increase your chances of finding the right property at the right price.
You'll also learn about the importance of having a trusted Salvadoran lawyer on your side, negotiating effectively, and setting realistic expectations when it comes to property conditions and the timeline for closing a deal.
Join me as I draw from my personal experiences and those of fellow expats to provide you with a comprehensive guide to renting and buying property in El Salvador.
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Hi 👋🏼 great videos 🙌🏼❤️🙌🏼
Where do I find very affordable housing in El Salvador? Facebook marketplace seems to be not that good any more
Thank you so much, Jay! Networking at booths, on the ground, or in groups, and having a good network of agents is key. If you email me at elsalvadorinsiders@proton.me with what you’re looking for, I can try to help you.
-Francesco
I lived in Jacksonville Florida myself too.. That's where I raised my family. Now in Virginia Beach. I'm from El Salvador and considering moving back in the near future.
That’s awesome!
Start networking with the expats here in El Salvador in our group:
t.me/bitcoinersinelsalvador
-F
I think the prices reflect what Salvadorians would like to get for their properties. It is sort of like the "Make me move prices on Zillow." The prices, in my opinion, don't reflect or even come close to what the properties are worth. El Salvador is still a third-world country with a lot of dirt roads, and the main roads outside of San Salvador are mostly paved two-lane roads with a stripe down the middle. Traffic is horrible in San Salvador and less so in Santa Ana. Red lights are often a suggestion to stop. Most houses have shared walls with the neighbors with little to no backyards. All of these factors contribute to home values. I still am looking for some property but will negotiate hard. There is nothing worse than paying too much and owning a property you can't sell without taking a loss.
Hi, my name is Nicolas, I’m transferring from China to EL Salvador to finish up my medical studies. My wife doesn’t speak Spanish, after seeing your video, we would like to hook up with you. To know more things about jobs and getting an apartment in EL Salvador. Thanks you so much for your work, we appreciate your videos please reply me when you see my message.
Hey Nicolas! Thanks for reaching out and for watching the videos. I’m glad you found them helpful!
Transferring to El Salvador to finish your medical studies is an exciting move, and I’d be happy to help you and your wife settle in. No worries about her not speaking Spanish, there’s a growing expat community here, and plenty of people get by without being fluent right away.
When it comes to jobs and apartments, here’s a quick rundown:
Jobs: For expats, it’s usually best to have remote work lined up. Teaching English (check out tes.com for good employment opportunities) or working online can be good options. We can discuss specific opportunities depending on your background and skills.
Apartments: Depending on your budget and needs, you’ll find a wide range of options, especially in places like San Salvador, where there are plenty of furnished apartments available. Neighborhoods like Escalón and Santa Elena are popular with expats. For short-term rentals, check out our Telegram group, and if you're staying long-term check out our Facebook group (links in video description box).
If you're planning to visit or move soon, November is a great time to come, especially with the AdoptingBTC conference happening. It’s a good opportunity to network and get to know the country better.
Feel free to DM me on X or email me at elsalvadorinsiders@proton.me
Looking forward to helping you both settle in! 🤝
Prices , quality of construction is sub par !! There is a real estate bubble , I don’t mind a long Weekend but would get bored .. you can see most of the tourists spots in 3 days … beautiful Country and people
Real estate prices have risen everywhere due to monetary inflation caused by irresponsible fiscal policies. Additionally, El Salvador is experiencing an ultra-high demand status. Builders can't keep up, and given that it’s a small country with limited real estate availability, this surge in prices is not just a bubble-it's expected to continue rising for a while. The best way to protect ourselves from real estate inflation, often driven by investors using real estate as a store of value against inflation and central banking, is to study Bitcoin and transition to a Bitcoin standard as soon as possible.
-F
I was married in ES 2014 and my daughter was born here. One item that you should emphasze more is seeing the escritura (deed) and making sure who the real owner is. If you are serious about purchasing a property in ES "Buyer Beware". Recently principles of the firm Corporacion Argoz were arrested for not delivering escrituras over the span of at least 25 years. Property was sold to local Salvadoreno's. Arrestes were made, some assets seized. The case is now in the hands of the Prosecutors office.Although these were small plots of land, most of the people lost a good portion of their life savings.My main point is not to discourage anyone but due diligence is of utmost important. Ask questions and have a solid local contact.
Agreed! We’ll create more content about real estate, and we’re also working on an episode about scams. El Salvador is safe from violent crime, especially for gringos, but unfortunately, scams and dishonest business owners, lawyers, and engineers are still far too common.
Thanks for that well research good information, and thank you for doing the work and taking the time to do your podcast I really appreciate.
Thank you for watching, Jim! Let us know if you have any question or topic request 🤝
Love in the country side is much cheaper. The whole country is safe.
Live or buy I mean
True. The whole country is safe now. I got lost in Ciudad Futura and Apopa at night and had zero problems 🇸🇻🚀
i would recommend you visit the east side of the country (LA UNION). it’s beautiful. i will invite you to my house in conchagua when im in town.
That’s definitely on the list!
-F
We have to go to Bitcoin City indeed 😁
Thank you, great advises!
Glad it was helpful! 🙌
My guess is that natives are getting angrier by the minute w expats moving in and driving housing costs through the roof.
Luckily, that’s completely wrong, Steve.
From my experience here, and 100s of convo I had with Salvadoran from all socioeconomic classes here is what is actually happening:
Real Salvadorans are incredibly welcoming and appreciative of expats and Bitcoiners coming to the country to help rebuild, teach them skills to demand higher wages, and educate them about money and saving through Bitcoin.
The only locals getting upset are the woke ones from the upper classes (brainwashed in universities here), the former plutocrats watching their monopoly on the Salvadoran “plantation” crumble, and the so-called “Salvadorans” raised in Canada and US, brainwashed by Marxist colleges and propaganda, who apparently aren’t even considered true Salvadoran by the locals. (Interesting to see how this happens in any country, human nature right).
Also, it’s not the expats driving prices upit’s the Salvadoran diaspora returning to their homeland. These are people who were grateful for the help they received when they left El Salvador decades ago, and now they’re happy to give back just like we are.
I hope this give a different perspective 🤝
-Francesco
Hi. I’m moving at end of June to El
Salvador but I also have couple of uncles who live there. They are helping me find a place to rent but for $200/$250 not US prices
The real estate situation sounds like PV in Mexico - everything is gringo price 🤦🏻♀️
Why do we let gringos into the country. But when ES go to the u.s. they call us immigrants and are racist.
El Salvador is not the cheapest developing country in the world, but it is unique in that it is the only country that is actually developing. Everywhere else is decaying at varying and more or less noticeable rates.
However, you can still find very affordable options. Compared to real estate in the US and Canada, comparable properties here are 3-5+ times less expensive.
-F
Please send local relitors.
We have a lot of local realtors and listings in our Facebook group. It's a must-join if you're looking for real estate. Get in touch with me on Telegram (you can find me in the groups @moneydelics), and I can refer you directly to agents in my trusted network.
-Francesco
I want to buy a house there. I need a house with enough space to park a RV.
You can probably find that outside the city. Or you could buy a lot and build it how you wanted. How familiar are you with El Salvador?
@@ElSalvadorInsiders I was born in El Salvador.
I know a few people born in El Salvador who didn’t know much about it since they left the country as small children and never set foot here again until recently because of Bukele
-F
..but at least one sandwich at Subway doesn't cost 15$ there, right? Like in Canada
food is way cheaper here than in Canada, especially local food
@@ElSalvadorInsiders nice I bet it's healthier too
Sadly there are a lot of fast food chains here. Salvadorans love the US and they are very Americanized in many aspects of their life. Unfortunately, food is one of those.
Btw, we have a section about local food and gastronomy in our Telegram group:
t.me/bitcoinersinelsalvador
-Francesco
I think 11/12 bucks .. was there two weeks ago
@@ssuncin not much cheaper then
Is overpriced
It’s a "free" market. If the demand buys at these prices, the supply will keep selling at these prices. Value is in the eye of the beholder, after all 🤷♂️
- Francesco
@@ElSalvadorInsiders country where 95% are very poor in my eyes big scam.
Not good
What about exactly? Maybe we can talk about it more in a future episode.
It's overpriced
In some areas for sure. But the demands is so high that it keeps going up.
OFFER A PERCENTAGE, END OF THE STORY
Agreed! Keep everyone's interests aligned.
What will you do when the gangs start the BS again..
I don't think this will be a problem for El Salvador for a long time, if ever. But the sad reality is that gangs were primarily a real problem for the lowest economic classes in the country. Tourists, foreigners, and people living in the wealthier areas of the city may not have even noticed the gang problem (speaking from conversations I've had with them, by the way), and much of the country's elite even partnered with the gangs for employment and other "benefits."
So, what are we doing about it? First of all, we Bitcoiners are actively working to ensure this doesn’t happen again by educating the country about Bitcoin, self-sovereignty, and saving and planning for the future. If you don't understand what I'm talking about, I highly recommend reading The Bitcoin Standard by Saifedean Ammous (www.youtube.com/@saifedean).
-Francesco
You are talking nonsense. Those gang members encarcelated most likely will NEVER see freedom again in El Salvador under new laws recently implemented.
Agreed! And anyway, we can’t live in fear. That’s not healthy or productive. If things change, we’ll adapt and do the best we can in these uncertain times.