Santa Elena

Modern corporate-and-residential zone in Antiguo Cuscatlan, home to office towers, malls and gated communities.

Updated June 17, 202611 min read

About Santa Elena

Santa Elena, in the municipality of Antiguo Cuscatlan just southwest of San Salvador proper, is the metro area's modern corporate and upper-middle-class growth zone. Glass office towers housing multinationals, the La Gran Via and Multiplaza retail-and-dining complexes, and a wave of new gated condominiums make it the natural home for executives and dual-income professional families who want newer stock than the older capital districts. Investors are drawn to Santa Elena's new-build inventory and corporate tenant base, with condos pricing around $1,200-$1,800/m2 for the newest towers and yields near 7%. Proximity to the Escuela Americana, top hospitals and the highway to the airport supports strong, stable long-term rentals at $1,000-$2,000/month, while steady 6-8% appreciation reflects sustained corporate relocation demand into one of the metro's safest sub-markets.

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Location

Santa Elena in San Salvador, Departamento de San Salvador, El Salvador

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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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