Diaspora Investment Drives Real Estate Boom in La Unión Region
Property values across Intipucá and the broader La Unión department have risen significantly over the past five years, driven primarily by investment from the Salvadoran diaspora in the United States.
For decades, remittances from diaspora communities — particularly from the Washington D.C., Maryland, and Virginia corridor — have been the economic lifeline of Intipucá. But increasingly, that capital is moving beyond day-to-day support and into long-term real estate investment.
New homes in established neighborhoods now sell for $40,000–$120,000. Land near the Gulf of Fonseca coast commands a premium.
"My parents sent money home for years," said one second-generation Salvadoran American from Maryland. "Now that they're retiring, they built their house in Intipucá. That's what they always planned."