Where can i do some research on the topic?
509 sats \ 4 replies \ @drfred 18 Jun 2023
i was there this year. and many times before.
avoid all online offers. there are a lot of scams going on.
the el salvador real estate market is only accessible locally. you can either speak spanish or you take a native speaker with you. go out and explore the areas where you want to buy and look for 'se vende' signs. call the number in spanish and make an appointment. you can also hire a local real estate agent but unfortunately there are also many scammers. i recommend to qualify them locally.
in my opinion everyone who goes to a new country should rent first. rent for 6 months or for a year, then decide in which area you want to live. if you are sure that you want to stay, you should buy.
el salvador is not for everyone. i prefer mexico
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428 sats \ 1 reply \ @Atreus 18 Jun 2023
π This man is correct.
I'm from El Salvador myself.
It's a local-only market. Be cautious with anything you see online advertising property there.
This might change as external investment increases in coming years, but as of 2023, this is the situation.
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20 sats \ 0 replies \ @Jannostr 19 Jun 2023
Sounds like good advice.
And if you want to see what ppl are offering online/what's on the market for foreign buyers (i.e for the other side of the story), I have found this twitter account interesting:
https://twitter.com/HomeFinder_SV
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172 sats \ 0 replies \ @Briz 18 Jun 2023 freebie
Exactly. Rent first! This applies to any foreign country. Rent first to be sure of the area you want. Chances are very high you will get a way better deal (and avoid scams) by taking the time getting to know some locals. I've learned this first hand.
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0 sats \ 0 replies \ @Hypnagog 19 Jun 2023
Goodlife fixes all of these issues. Just bought a lot with them as third parties. Great experience.
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45 sats \ 0 replies \ @siggy47 18 Jun 2023
I have no answers for you, but if you find something please let us know. I'm also interested in investing there.
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36 sats \ 0 replies \ @faithandcredit 19 Jun 2023
(Real estate is not an investment its a consumer good)
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23 sats \ 0 replies \ @Hypnagog 19 Jun 2023
I just bought a lot with goodlife. Its ownded by one of the co owners of bitcoin beach. 100000% recommend. No scams, took care of UA from start to finish. Was a very smooth process. We now own a small lot in the mountains :)
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1 sat \ 0 replies \ @Busybe3z 18 Jun 2023
ππΌπ°ππ² ππΌ ? π€ π
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0 sats \ 1 reply \ @sudonaka 19 Jun 2023
If you arenβt living there then why would you own real estate and drive up prices for locals? Own Bitcoin and invest in mining
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0 sats \ 0 replies \ @mudbloodvonfrei 19 Jun 2023
Well the locals are also the ones selling the houses, driving prices up means the locals have more money.
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0 sats \ 1 reply \ @JustinGoldberg 18 Jun 2023
there are no brokers there. It's all fsbo.
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0 sats \ 0 replies \ @Hypnagog 19 Jun 2023
Goodlife is great, I just used them to close on a property. They went there and did skype call to view, etc.
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