El Salvador: inexpensive housing prices
| Last Updated: Oct. 26, 2013 | |||||
| SAN SALVADOR - apartments |
COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 120 sq. m. | 143,160 | 1,013 | 8.49% | 1,193 | 8.44 |
| 225 sq. m. | 269,325 | 1,944 | 8.66% | 1,197 | 8.64 |
| SAN SALVADOR - houses |
|||||
| 150 sq. m. | 117,450 | n.a. | n.a. | 783 | n.a. |
| 350 sq. m. | 268,450 | 1,757 | 7.85% | 767 | 5.02 |
| Districts researched San Salvador: Colonia Escalón, Ciudad Merliot, Maquilishuat, San Benito, Santa Elena, San Francisco, and San Salvador Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
|||||
San Salvador is not an expansive city, and buying an apartment there is not pricey. An apartment would typically cost around US$1,200 per square metre (US$115 per square foot).
Gross rental yields are a generous 8.5%, which means it generally makes much more sense to buy than to rent, and to be a landlord than a tenanct.
Stay updated with global real estate markets
Get the data behind 88 countries for $99 per month.
Latest Market Reports
Rental Yields
House Price Indices
Rent Price Indices
Square Meter Prices
Median Property Prices
Median Rent Prices
Mortgage Rates
Property Taxes
Quarterly Trackers
Quarterly Market Overviews