Via Tertia Invests $59 Million in Building Projects

The economic crisis led the Spanish company to expand its real estate projects in Panama, where it will build two residential projects.

Friday, June 5, 2009

One project will be done in Nuevo Arraiján and it will have 600 housing units. In the other one, in La Chorrera, the real estate developer Via Tertia will construct 950 homes.

According to the website, Higinio Javier Escaso, director of Via Tertia in Panama, said that "ground breaking will begin this week and delivery of the first homes is expected in the coming months of November and December."

More on this topic

$5 million Residential Project in Honduras

July 2013

In the northwest of the city construction will take place of Ciudad Maya, a luxury residential complex which integrates a commercial area, a corporate area, an apartment building, and other recreational areas.

William Hall, a member of Inmobiliaria del Valle (Invalle), and project manager, said one of its additional attractions is that it will have a road bridge which will provide singular access to the complex.

A Great Opportunity for Costa Rica

March 2016

The very feasible expansion of the San José-Caldera highway will increase the success of a route that has favorably changed the prospects for real estate development in the west of the capital, and logistics and tourism in the Central Pacific.


An editorial in reports that the concessionaire of Route 27 has now presented "... an expansion project with six lanes between La Sabana and Ciudad Colón and four on the rest of the road which goes to the port of Caldera."

David, Capital of the Province of Chiriqui, Panama

July 2011

Construction has been growing like wildfire, so far this year more than $13 million has been invested.

The housing shortage experienced by the province of Chiriqui may slowly disappear, if the rapid pace of construction continues.

In just five months, residential and commercial buildings costing $13.8 million have been developed, and it is projected that the figure could exceed $49 million by the end of the year.

New Real Estate Projects by Inversiones Bolívar

July 2009

The Salvadoran company has three new projects in El Salvador, where it will build housing and divide entire areas into lots.

Inversiones Bolívar projects comprise 469 blocks. Diego de Sola, CEO, announced that while the projects haven't started yet, everything is planned and en route.

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