Increase in Construction Costs in GuatemalaThe increase of 13 % compared to 2012 is mainly due to changes in international prices of construction materials.Thursday, November 28, 2013
In the capital city the cost of construction of an apartment building is about $1267 per sqm, while in the metropolitan area and its surroundings the cost is $1,169 per sqm." In relation to 2012 , the increase is 13 %, because in that year, what was paid in the city was $1,112 and $1,042 in the surrounding area", reported Prensalibre.com. Source: prensalibre.com ¿Busca soluciones de inteligencia comercial para su empresa?Real Estate Market: Ambitious Projections for 2018April 2018 This year in Panama realtors expect to sell 9,000 homes and generate $1.146 billion, which would be a 34% increase compared to the value sold last year. Guatemala: More Real Estate Development in the CapitalSeptember 2014 The increasing preference for residences in central areas of the capital is generating business opportunities for developers in areas which have not yet been exploited. Panama’s Residential MarketDecember 2012 The residential market in Panama City remains stable, with slightly increased demand for Class A buildings at 74%, up 2% on the prior period. Vertical Housing in GuatemalaJuly 2012 An increase in car traffic has contributed to the trend of living in apartments in buildings located near workplaces.
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