INTRODUCTION
Let’s start with an uncomfortable truth: The real estate boom in El Salvador is a reality, but so is the risk of “predatory” sellers who take advantage of the distance from the diaspora.
The Classic Mistake: Falling in love with the view or the price, signing a “Promise to Purchase” (Promesa de Venta), and making a down payment without any prior verification.
The Reality: A “Promise to Purchase” does not make you the owner. Only a rigorous Due Diligence process protects your investment and your peace of mind.
SECTION 1: THE 3 INVISIBLE RISKS
Risk 1: The “Owner” Who Isn’t the Owner. Individuals attempting to sell properties with unresolved inheritance issues, expired powers of attorney, or even forged documents.
Risk 2: The “Ghost” Property. The land physically exists, but at the National Registry (CNR), the boundaries are different, or the actual size is significantly smaller than advertised.
Risk 3: Hidden Encumbrances. Old mortgages that were never canceled, active liens (embargos), or easements (servidumbres) that might cut right through the middle of your future garden.
SECTION 2: THE BUFETE CÓBAR SECURITY CHECKLIST
✅ 1. Recent CNR Registry Abstract (Issued within the last 15 days): Never accept an old copy provided by the seller. We obtain a fresh, official record directly from the source.
✅ 2. Identity Validation (Seller): Does the national ID (DUI) match? Is the Power of Attorney currently valid and legally binding?
✅ 3. Cadastral Review (Physical vs. Legal): Does the official map align with the reality on the ground? We verify boundaries to ensure you get what you pay for.
✅ 4. Utility Feasibility (Water and Power): Critical for developers. Does ANDA have the capacity in that area? Does the local electric company provide service to that specific plot?
✅ 5. Municipal and Tax Clearances: Ensuring the property is free of debt with both the local municipality and the central tax authorities.
CONCLUSION & CALL TO ACTION (CTA)
Summary: The cost of preventive legal counsel is a mere 1% of the potential cost of losing your entire investment to a scam.
CTA: Do not make any down payments yet. If you already have a property in mind, send us the registration number (matrícula) today. Let us perform an Express Due Diligence to secure your capital and your future in El Salvador.
