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/biz/ - Business & Finance


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File: 53 KB, 1200x677, Flag_of_El_Salvador.svg.png [View same] [iqdb] [saucenao] [google]
58385372 No.58385372 [Reply] [Original]

Is investing in salvadorian real estate a good idea? They call it the next singapore

>> No.58385386

having been to both countries I can't even imagine who would call it the next singapore

>> No.58385396

>>58385386
Give it a couple years. People are loving salvador rn due to the president and cheap stuff and safety. Plus me as a canadian I want to leave this shithole.

>> No.58385439

>>58385372
What worries me with el Salvador is the fact that what's gonna happen with all the criminals they locked up?
Will they be kept behind the bars forever or will they get out and revenge.

>> No.58385453

>>58385439
Those who are confirmed gang members are gonna be lifers. Family members of alleged innocent people are still fighting to get them out

>> No.58385475

>>58385453
Okay.
It's going to be a fucking bloodbath when they get a shit president in the future who changes the view on this gang shit.
I really hope the criminals stay behind the bars for good.

>> No.58385495

>>58385475
I guess thats the speculation part. Bukele got reelected and he will most likely be reelected for a 3rd time. Who knows what the future holds after. But anyone suspected of being in a gang goes straight to jail they have absolutely 0 tolerance for it anymore.

>> No.58385504

>>58385396
maybe you should go on a little vacation there first

>> No.58385506

land is not a good investment if you are talking about returns. development can be, but it's not easy

>> No.58385508

>>58385504
Well ackshually my grandmother just came back from her month long vacation there. Ill ask her how it was

>> No.58385511

Isn't real estate a bad call in general, as almost no country is at a replacement birth rate so demand will decrease?
Or are you betting on the unlimited continued importation of the third world?

>> No.58385517

>>58385511
My bet is crypto people and well off foreigners investinf and living in the country in the future.

>> No.58385526

>>58385439
Once Bukakke is out of power they'll kill him and trash your inflated Salvadorian real estate.

>> No.58385531
File: 18 KB, 474x309, FB_IMG_1561808636301.jpg [View same] [iqdb] [saucenao] [google]
58385531

Kinda feels like America is going to decide that Bukakke is a brutal dictator and El Salvador needs to have some democracy bombs dropped on them if we ever manage to catch our breath. Our owners in Israel are keeping us kinda busy at the moment though.

>> No.58385535

>>58385531
we kind of have our hands full at the moment

>> No.58385536

>>58385531
His wife has some jewish blood so maybe they'll show some restraint? I heard theres actually around 100k salvadorian-palestinians in the country

>> No.58385586
File: 18 KB, 512x468, 72384827318372142321.jpg [View same] [iqdb] [saucenao] [google]
58385586

>>58385372
Bukele needs to kill all the criminals behind bars to consider investing in Salvador
Right now it doesn't worth a single SUPER token to invest in, their economy is still crappy

>> No.58385609

>>58385586
My biggest concern is healthcare desu. I guess private is a must

>> No.58385630

>>58385439
probably get sent to canada as refugees
lebanon did this to australia after their civil war

>> No.58386106

>>58385609
Lose weight you fat fuck

>> No.58388194
File: 68 KB, 592x790, 1620970431065.jpg [View same] [iqdb] [saucenao] [google]
58388194

>>58385372
no, wtf?
if you want to make some money get some MAGA TRUMP instead, that shit's printing money

>> No.58388220

>>58385396
if you think canada is a shithole you have no idea how bad things can get.
t. i'm actually from el salvador.

>> No.58388240

>>58385372
it's a gamble, it could easily go back to being the biggest shithole in the region just as quickly as it improved
what if nayib doesn't get reelected and they take a sudden left turn like brazil did?

>> No.58388284

>>58385372
I've been considering it for a while
Some things to consider
- There isn't much information online about listings like there is in north america. You will need boots on the ground and preferably some ability to speak spanish.
- The country is already kind of expensive. You would expect to find good deals since it's so underdeveloped at the moment, but thats not really the case. There are little shacks going for like 150k-200k+ . Again, youll need to know people to find the good deals.

there aren't many beautiful properties from what ive seen online. maybe it's due to the climate or god knows what. online listings are mostly clay looking houses with 1 floor and bars on the windows.

anyway, I don't think the values are going to shoot up tomorrow. it will take time for people to trust the brand and for infrastructure to catch up.