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El Salvador: House Prices, Rents, and Rental Yields

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Last Updated: Oct 10, 2005

Yields are excellent in San Salvador

Last Updated: Oct. 10, 2005
SAN SALVADOR - Houses COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
80 sq. m. 50,000 350 8.40% 625 4.40
100 sq. m. 90,000 750 10.00% 900 7.50
200 sq. m. 150,000 1,000 8.00% 750 5.00
300 sq. m. 190,000 1,300 8.21% 633 4.30
400 sq. m. 275,000 3,000 13.09% 688 7.50
500 sq. m. 500,000 4,000 9.60% 1,000 8.00
600 sq. m. 625,000 3,500 6.72% 1,042 5.80
700 sq. m. 900,000 3,000 4.00% 1,286 4.30
800 sq. m. 800,000 5,000 7.50% 1,000 6.30
Source: Global Property Guide

A 400-sq. m. house in San Salvador would cost around US$275,000; while rents are around US$3,000 per month, a rental yields of 13%. Rental yields for other sized houses or mansions in San Salvador are around 6.5% to 10%.

Most foreigners are located in the capital, San Salvador (pop. 2 million) and its surrounding suburbs due to the protection offered by gated villages (El Salvador is infamous for its extremely violent street gangs, known as ‘maras’).

  

 

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