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The Government of El Salvador, through the Ministry of Housing, announced that US$1.6 million has been released to families who received property titles. This corresponds to 163 lots that had been in legal limbo for years after being purchased in projects linked to the Corporación Argoz.
Housing minister Michelle Sol, along with representatives from the Fiscalía General de la República de El Salvador, led the distribution of these documents, which guarantee legal security for the families, some of whom waited up to 38 years to obtain legal title to their properties.
Recovering assets for families
The US$1.6 million represents the recovered property value for the families, who now have legal backing that allows them to fully own their land, pass it on to future generations, and ensure stability for their future.
The deeds delivered belong to families from 31 housing developments in 11 departments across the country, reflecting the national reach of the regularization process promoted by the authorities.
Focus on legal security and equity
One of the highlights of this delivery is that 54% of the deeds were registered in the names of women, which, according to the authorities, contributes to women’s empowerment and the strengthening of family assets.
During the event, minister Sol noted that this process provides peace of mind to the beneficiaries, allowing them to finally have a legal document that supports the property they have occupied for decades.
Interinstitutional collaboration
The legalization process has been made possible thanks to the joint work between the Ministry of Housing and the Fiscalía General de la República de El Salvador, which continues to investigate the fraud cases related to the Corporación Argoz.
The representative of the Prosecutor’s Office, Mariela Castro, indicated that the investigations are ongoing to ensure that those responsible face justice, including proceedings for crimes such as defrauding the public economy and money laundering.
National progress
Authorities also highlighted that, to date, more than 118,600 land parcels have been regularized, representing the recovery of approximately US$2 billion in assets for salvadoran families.
This progress is part of a strategy aimed at resolving long-standing cases of legal insecurity in land tenure, allowing thousands of families to legalize their properties and achieve greater economic stability.
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