Real Estate
The transformation that El Salvador has experienced in recent years is reflected in the great supply and demand for real estate properties for its different uses: housing, recreation, and business.
The range of costs according to the nature of the transaction (purchase or rent) varies considerably depending on the area in which the family or business wishes to be located. The most in-demand areas are currently the metropolitan area of San Salvador – due to the largest concentration of activities, typical of a capital – and phases 1 and 2 of Surf City – a national government tourism development program, where the most iconic tourism projects and activities in the country are currently located.
Costs for purchase-sale transactions
El Salvador
San Salvador Metropolitan Area
Santa Elena: $210 - $280
Nuevo Cuscatlán: $210 - $280
Colonia Escalón: $420 – $700
San Benito: $980 - $1400
Surf City
Mizata: $140
Front row El Zonte: $126
Second row El Zonte: $70 - $84
Front row Xanadu: $126
Second row Xanadu: $70 - $84
Conchalio: $70 – $84
Las Flores: $70 – $84
San Diego: $70 – $84
Amatecampo: $70 – $84
Surf City 2
Punta Mango: $70 – $84
Other properties in the area: $140
*These costs are variable and subject to market behavior – Date of update November 2023
Costs for rental transactions
Purchase transactions
The following are the standard requirements for purchase transactions, but each transaction may be customized according to the owner:
- Copy of personal identification document
- Employment certificate
- Copies of the last three bank statements
- Business incorporation document
- Credentials
- Current registration
- DUI and NIT of the legal representative
- Minute point where the purchase is authorized
- Solvency of the company's Treasury
- General administrative power
- DUI and NIT of the agent
Rental transactions
The following are the standard requirements for rental transactions, but it may vary according to the owner.
- Copy of personal identification document, residence, or work permit
- Employment certificate
- Copies of the last three bank statements
- Payment of a deposit equivalent to one month's rent, which will be returned at the end of the contract
- Business incorporation document
- Last 3 ISLR declarations
- DUI and NIT of the legal representative
- Minute point where the rent is authorized
Rental contracts are usually made for a minimum of 6 months and can be extended. The contract can be automatically extended for a maximum of 5 years if it is a natural person or 7 years if it is a legal entity; after these periods, a new contract must be entered into.
Costs for purchase-sale transactions
El Salvador
San Salvador Metropolitan Area
Santa Elena: $210 - $280
Nuevo Cuscatlán: $210 - $280
Colonia Escalón: $420 – $700
San Benito: $980 - $1400
Surf City
Mizata: $140
Front row El Zonte: $126
Second row El Zonte: $70 - $84
Front row Xanadu: $126
Second row Xanadu: $70 - $84
Conchalio: $70 – $84
Las Flores: $70 – $84
San Diego: $70 – $84
Amatecampo: $70 – $84
Surf City 2
Punta Mango: $70 – $84
Other properties in the area: $140
*These costs are variable and subject to market behavior – Date of update November 2023
Purchase transactions
The following are the standard requirements for purchase transactions, but each transaction may be customized according to the owner:
- Copy of personal identification document
- Employment certificate
- Copies of the last three bank statements
- Business incorporation document
- Credentials
- Current registration
- DUI and NIT of the legal representative
- Minute point where the purchase is authorized
- Solvency of the company's Treasury
- General administrative power
- DUI and NIT of the agent
Rental transactions
The following are the standard requirements for rental transactions, but it may vary according to the owner.
- Copy of personal identification document, residence, or work permit
- Employment certificate
- Copies of the last three bank statements
- Payment of a deposit equivalent to one month's rent, which will be returned at the end of the contract
- Business incorporation document
- Last 3 ISLR declarations
- DUI and NIT of the legal representative
- Minute point where the rent is authorized
Rental contracts are usually made for a minimum of 6 months and can be extended. The contract can be automatically extended for a maximum of 5 years if it is a natural person or 7 years if it is a legal entity; after these periods, a new contract must be entered into.
Points of interes
- Businesses that are established in already developed properties (purchase or rent) must ensure that they have the necessary permits for their operations. For this, we recommend contacting our sectoral specialists.
- To contact a real estate agent, visit our supplier directory in the respective category