Spanish Group Invests in Region's Hospitality
The group, known as OHL, plans to build hotel and residential complexes in Costa Rica, Panama and the Dominican Republic.
Thursday, September 3, 2009
Through alliances with hotel chains, the group has already constructed hotels and residential villas in the Mayan Riviera, and intends to replicate this scheme in the region.
At the end of 2012, the luxury Class A apartments accounted for 78% of the units under construction, while the Classes B and C together accounted for 22%.
Buenaventura Group has announced details of its "Puntarena Ocean Village" luxury beach homes project.
Grupo del Sol, GVA & Asociados and the Evergreen Institute are investing in a real estate development that includes condominiums, residences and boutique hotels.
In 2013, homes priced over $120,000 accounted for 20% of all units, while in 2012 the figure was 12%.
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