Taxes & fees
Does El Salvador have an annual property tax?
El Salvador does not currently levy a recurring annual property tax on real estate. Instead, buyers pay a one-time transfer tax at the time of purchase (see our closing-costs answer for how Vivo Latam's calculator models it), and owners in some developments or municipalities may owe separate service or maintenance fees. Confirm any municipal fees that apply to a specific property with the seller or a notary before buying.
Related resource
Estimate the cash you need to close on a property in El Salvador: ITBR transfer tax, CNR registration, notary fees and your down payment, in one tool.
Related questions
- What are the closing costs when buying property in El Salvador?
For an ordinary USD sale, Vivo Latam's own mortgage calculator plans for a notary fee of about 1% of the price, a CNR registration fee (about $0.63 per…
- Can a foreigner buy property in El Salvador?
In general, yes — foreign buyers do not need Salvadoran citizenship or residency to purchase most property.
- How much down payment do I need to buy a home in El Salvador?
There isn't one fixed number. Vivo Latam's mortgage calculator lets you test a down payment anywhere from 5% to 50% of the price, because the minimum a bank…