just took a quick look at real estate in el salvador and my hot take was that prices are going up significantly.
anyone have any direct experience with that marketplace?
would love to get the inside scoop. i'm very interested. its been 20 years since i lived within walking distance of surf and i'd really like to get back to that.
I have a friend who lives there and has property and I've traveled down there a decent amount and my hot take is that it's pretty overpriced.
Not too many places where you can buy land and walk to the surf for anything less than a couple of hundred grand but there are some spots where you can buy land and drive a short distance to the water and be pretty happy. Check out Cerro Mar for instance.
Everything I've seen near high-quality waves or water-front plots are over 300K and not developed at all. No water, no electricity, and sometimes don't have serviceable roads. Many of these plots are just in front of random beaches where there's no real surf.
El Salvador is an attractive real estate play for ex-pats because of the ease of purchasing (compared to Mexico), the stability of the government (compared to nica), and the investments the government is making in developing the coastal areas to turn it into a surf destination.
I'm inclined to say that Nicaragua actually has better deals, better waves, and the country is much better looking.