Financing for housing and sustainable urban development will be the topics under discussion at the event to be held on August 22 and 23 in Managua.
The Chamber of Builders in Nicaragua and the Inter-American Housing Union are organizing the event, which will bring together professional financial real estate companies, developers and builders, banks and finance companies, savings and loans companies for housing, cooperatives, investors, and representatives of public entities.
How much does a house cost that is 200 square meters, 3 bedrooms and 2 bathrooms, in an area of 3,000 square meters, in a middle class neighborhood?
The Central American Home price Snapshot, coordinated by Reveal Real Estate and Global Property Guide, reveals the sales price of similar homes in 12 real estate markets in Belize, Nicaragua, Costa Rica and Panama.
In recent months the interest rates for new home purchases have declined from an average of 13.02% to 12.23%.
Banking institutions have added new options to their loan portfolios, such as funding for improvements and to buy a used house.
"Oscar Sequeira, coordinator of Statistics at the Construction Chamber of Guatemala (CGC), said that interest rates are down worldwide due to policies pursued by central banks and that has had an impact on reducing the level of fees charged for housing finance", reported Elperiodico.com.gt.
The service is called Alert Registry and will be available to owners of personal property (vehicles) and real estate (land). The annual fee to receive notices is $15 per year (7700 ¢) for each of the properties you want to put under surveillance.
Since 2008, more people have applied for loans to buy pre-owned homes than for new ones.
According to data from El Salvador's Social Housing Fund (FSV), in 2006 of 1,520 registered loans, 1,169 were for a new home. In 2008 the trend changed with more mortgage applications for pre-owned houses.
Comercialization of Urbanization
Commercial Mall construction and Comercialization
Construction and comercialization of Industrial and logistic buildings.
Housing Construction Projects
Operates in Honduras
Phone: (504) 2694241 - (504) 2694240
Latinamerica Title Co. is an agent of Chicago Title. Our company offers customers the most comprehensive and accurate title and escrow related services in the region, enhancing real estate transactions with a group of services that minimize the risk of investing in a foreign country.
Operates in Costa Rica and Panama
Phone: (506) 2256 9697 - (507) 830 5500
American Consult is a professional firm that provides fixed assets management and appraisal consulting services to private and state owned organizations
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (507) 390 4326 - (507) 6637 6681