El Salvador Real Estate: Stunted by Bad Reputation

Despite its undesirable reputation, there is a small but slowly rising interest in investing in this country of seven million.

Tuesday, August 19, 2008

There are visitors who have stumbled onto its beautiful forests, mountains and beaches and have fallen in love with its people.
It must be said that these are not people following international property trends. If they were, they would have, instead, bought in Costa Rica.

El Salvador, unfortunately, has a very bad international reputation, mainly due to the war and human rights atrocities that took place during the war...” Phill Davies, a British engineer who lives in San Salvador, wrote in an article for Escape Artist. “The people are very friendly, and helpful, and they remember what the war years were like, and do not want to ever go back to that time.”

“I believe I have found something very special here,” said Carolyn Robinson, a Canadian who has been in El Salvador for two years.

More on this topic

El Salvador: Housing Potential in Southeast

March 2016

A rise has been indicated in commercial, residential and hotel developments in areas of Santa Tecla and Antiguo Cuscatlán thanks to its geographical and topographical advantages.

The proximity to the coast and its topographical features make the southwest area of ​​El Salvador an attractive area for real estate development, particularly for commercial, residential and hotel developments, reports Elsalvador.com.

Focus on Commercial Development in Guatemala

October 2012

In Muxbal, between markers 10k and 13k from the old road to El Salvador, three new shopping centers will soon be opened.

Elperiodico.com.gt reports that " Grupo Pucom is building the ‘Vista a Muxbal’ complex at kilometer 9.5; Grupo Tir is developing Minuto Muxbal at kilometre 13, while MU Inmobiliaria (Mauricio Urruela) is constructing Shops at Muxbal at kilometer 13.5. '

Further Complications for Trump Tower

December 2011

A real estate company has filed a lawsuit against the developer for breach of contract.

The delicate situation faced by Newland International Properties Corp., developer of the Trump Ocean Club International Hotel & Tower complex, has been further complicated by a lawsuit filed by a customer, which adds to three other lawsuits filed by other five clients.

Property market reviving in Nicaragua as worries over political regime subside

July 2008

Property investors from the US are no longer buying in Nicaragua, but European investors are stepping into the breach and the country's property market is starting to recover from a spartan period.

'You have to be somewhat of a contrarian to buy real estate in Nicaragua right now,' said developer and advisor Jeff Cassel.

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