Nicaragua Expects 56% Increase in Home Sales

Home Builders Chamber projects the sale of five thousand households in 2011.

Wednesday, January 12, 2011

The statistics given by the Chamber does not include government initiatives and only refers to the private sector.

"Alfonso Silva, vice president of the Nicaraguan Home Builders Chamber (Cadur), explained that the five thousand homes would be both social interest, or homes with prices below $ 30.000, and homes at prices above that number. However, 80 percent of the sales, or about four thousand homes, would be of the first segment." reported.

More on this topic

Nicaragua: $10 million in Housing Fair

November 2015

In three days of business activity builders and companies in the real estate sector closed deals worth $10 million.

Representatives from the companies participating in the fair stated that 112 homes were reserved worth a total of $3.5 million. Added to this another 200 people signed up to waiting lists and will be completing their reservation process in the coming weeks, explained Ricardo Melendez, president of the Chamber of Builders of Nicaragua (Cadur).

Panama: $180 million Traded at Expovivienda

April 2016

During the event 2,575 mortgages were sold, among which social and middle class housing stood out the most, with prices ranging between $40,000 and $80,000.

The figures provided by the Panamanian Chamber of Construction (Capac) again reflect the growing need for housing that exists in the country, mainly in middle class and lower class segment.

Housing Construction in Nicaragua

January 2013

The Chamber of Builders and the government are working together to achieve the funding necessary to reach the target of 10,000 new homes every year. reports that "After fulfilling the goal of building 4,000 houses and delivering them in 2012, the goal is to raise the annual figure by a thousand houses.

Real Estate Fair in Nicaragua

August 2016

During the event 50 housing products with prices ranging between $50,000 and $250,000 will be showcased, and it is expected that negotiations will exceed the $3.5 million traded at the fair in 2015.

The event is being organized by the Chamber of Builders of Nicaragua and will be held from September 9 to 11 at the Crowne Plaza in Managua.

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