Improved Housing Market in Guatemala

Despite the crisis, prices remained stable and now a recovery in sales is detected.

Friday, December 3, 2010


©image:

The decline in interest rates is a key factor in improving the dynamics of the housing market, allowing operators to look at 2011 with optimism.

Lorena Alvarez's article in Elperiodico.com.gt, reported that Oscar Sequeira, of the Department of Statistics of the Construction Chamber, believes that "the end of the second half of this year could represent a growth of 10 to 20 percent from the first 6 months because in the last quarter there is a greater demand for housing.”

During 2010, Guatemala City municipal authorities granted construction permits for over one million square meters.

More on this topic

Real Estate Rental Market in El Salvador

February 2010

The rental market remains dynamic, with supply adjusting to smaller corporate and residential budgets.

With the end of the crisis at sight, real estate agents update their properties, modernizing them, remodeling them and creating new spaces.

Elsalvador.com published 5 articles (in Spanish), analyzing this market from different perspectives:

New Property Price Index

October 2012

The Costa Rica Real Estate Chamber is preparing a specialized index for land prices.

As by explained Aleyda Bonilla, director of the Chamber, the indicator will combine information from the public registry, municipalities and inspectors and will initially serve to determine the cost of lots and then, in a second stage, will be used to list houses.

Costa Rica: Saturation of Office Buildings Indicated

September 2016

It has been reported that the vacancy rate in the office segment in the real estate market now exceeds 10%.

Nacion.com reports that "... an analysis by Colliers International shows that the office market is undergoing a period of greater caution, since the vacancy rate is above the 10% threshold for defining market saturation."

Costa Rica: Office Market in September 2016

November 2016

At the close of the quarter, there was an increase in the total inventory with the new supply of 53,067 square meters of rentable offices.

From a report by Colliers Costa Rica "Office Property Market September 2016":

The office property market in recent quarters has demonstrated a positive picture regarding new supply, as developers are starting projects to meet demand. Gross absorptions also look healthy and the vacancy rate of office space is slowly showing a decrease in its percentage.  

 close (x)

Receive more news about Infraestructure & Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Luxury beachfront house for sale in Costa Rica

9 Bedroom residence in beachfront community, Hermosa Palms, only 14 minutes away from Jaco beach, Central Pacific.
9 BDRM $1.59 Million in Costa Rica Central Pacific's...

Stock Indexes

(Mar 27)
Dow Jones
-0.22%
S&P 500
-0.10%
Nasdaq
0.20%

Commodities

(Mar 28)
Brent Crude Oil
51.15
Coffee "C"
141.55
Gold
1,253
Silver
18.02