Salvadorans Demand More Used Housing than NewSince 2008, more people have applied for loans to buy pre-owned homes than for new ones.Monday, September 13, 2010
According to data from El Salvador's Social Housing Fund (FSV), in 2006 of 1,520 registered loans, 1,169 were for a new home. In 2008 the trend changed with more mortgage applications for pre-owned houses. Source: laprensagrafica.com ¿Busca soluciones de inteligencia comercial para su empresa?Insecurity and the Real Estate MarketSeptember 2017 In some areas of El Salvador, the difference between having or not having a security gate can vary the price of a used home that is for sale by up to 30%. Housing Credit Down 55% In El SalvadorSeptember 2013 Up to June banks had only provided financing for housing projects worth $14.36 million, while in the same period last year it had already reached $32 million.
Guatemala: VAT on Buying Second Home PurchasesJanuary 2012 A proposal has been made to remove the Value Added Tax on transactions performed in the housing market. El Salvador: 6.300 Housing Loans in 2011December 2010 Out of $ 99 million in loans it is estimated that 53% will be invested in new housing.
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