The purchase of homes by Salvadorans abroad has increased by more than 50% in 2024.

Salvadorans abroad are frequent buyers of homes in El Salvador, confirmed William Velasco, co-founder of Porta Real Estate Boutique.

"We have easily sold 50% more this year in the first two months than last year in those same two months to distant siblings," the entrepreneur told Diario El Mundo.

Velasco assured that the increase in purchases is noticeable for both investment properties and personal use.

Distant siblings invest in land, beach and mountain houses, as well as apartments and residences in San Salvador. The trend also includes urban areas in Santa Ana and San Miguel.

A significant portion of the properties acquired by distant siblings for investment are allocated to rooms or houses for rent through Airbnb.