Real Estate Rental Market in El Salvador

The rental market remains dynamic, with supply adjusting to smaller corporate and residential budgets.

Monday, February 1, 2010

With the end of the crisis at sight, real estate agents update their properties, modernizing them, remodeling them and creating new spaces.

Elsalvador.com published 5 articles (in Spanish), analyzing this market from different perspectives:

The voice of the experts
“2009: In commercial space we moved to lower-priced stores, but in residences the market remained stable”.

Corporate Rental
“The most sought after properties are those with the best technology services”.

Offices/warehouses
“For companies and individuals interested in storing their belongings, warehousing is an option”.

Where to look for rental opportunities
“Inmobilia.com is a specialized website with real estate sales and rental listings”.

Moving companies, the ally of the Real Estate market
“Moving houses, offices or businesses is not easy; there are companies who specialize in these services, making moving easier and safer”



More on this topic

Change in Lifestyle vs. Rental Prices

May 2020

It is estimated that the increase in online sales and the greater trend towards telecommuting will result in a lower demand for commercial premises and offices, exerting downward pressure on the price level of rents in the long term.

The quarantines decreed in the Central American countries because of the covid-19 outbreak, have caused a transformation in the operations of the companies, in the ways of working and in the models of business and sales.

Industrial Warehouses: Lower Rental Prices

September 2018

Between January and June the average rental price per square meter requested from warehouses in Panama City dropped from $8.95 to $8.40, due to a slight increase in the supply of available spaces.

According to a report prepared by the CBRE, at the end of the first six months of the year, average rents requested from Class A warehouses decreased slightly from US $8.95 per m² per month, to US $8.40 per m². 

Panama: High Supply and Demand for Offices

March 2016

Although construction of office space keeps rising, the real estate union has projected that rental prices will remain steady this year without any significant changes.

The union of real estate in Panama City believes it is not yet time to speak of a "glut" in the office market, although the inventory continues to grow, without having a direct impact on rental prices.

Office Space Market Recovers in Costa Rica

April 2011

Vacancy rates for office real estate have stabilized, staying below 10%, which indicates that there is no oversupply.

The data comes from a summary of Costa Rica's office space real estate market for the last quarter of 2010 by NAI Costa Rica.

Supply increased slightly from 849,500 m2 to 856,500 m2 while vacancy rates dropped from 9.9% to 8.5%, due to increased occupancy in UltraPark II, Torre Mercedes and Forum I.

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