$18 Million for Isla Saboga in Panama

Grupo del Sol, GVA & Asociados and the Evergreen Institute are investing in a real estate development that includes condominiums, residences and boutique hotels.

Wednesday, July 1, 2009

Located 35 kilometers from Panama City, the 755 hectare Isla Saboga is part of the Las Perlas chain of islands.

The development plan includes initiatives for roads, water, treatment, and electricity following the necessary regulations to preserve the natural environment.

Pa-digital interviews Armel González, president of Grupo del Sol: “…all the phases will be built along the coastline of the island, less than a third of the land will be used and the rest will remain intact. Our promise and commitment is to preserve the natural beauty, the charm and the history of the island while we create an international community.”



More on this topic

Tourism: $350 Million Investment Announced

December 2018

Mariott International, The Luxury Collection, W Hotels and Ritz-Carlton Reserve, presented to Dominican Republic authorities their plans to develop luxury tourism projects in Puerto Plata.

From the statement of the Presidency of the Dominican Republic:

December 11th, 2018. A group of foreign investors met today with President Danilo Medina and expressed their interest in transforming the country's northern coast into a luxury tourism destination.

Luxury Homes in Nicaragua

March 2014

The Chamber of Builders has recorded eight projects for luxury housing in the country with retail prices ranging from $100 thousand to $450 thousand.

The Chamber of Builders of Nicaragua (Cadur), argues that housing designed for more affluent people have had good sales. Currently there are eight projects of this type recorded in Managua and there are an estimated eight more that are not part of Cadur, with prices ranging from $100 thousand to $450 thousand.

Panama: $ 300 million Ocean Reef Islands Project

October 2010

With the presence of President Ricardo Martinelli the Ocean Reef Islands project was launched.

Ingenieros Civiles Asociados (ICA), contractor and builder Grupo Los Pueblos developer of Punta Pacific Islands, will invest approximately $ 300 million.

Martinelli considered this project visionary as the investment is purely Panamanian capital (approximately $ 300 million) and allows to project confidence to other investors, domestic and foreign, to continue to position Panama as a nation with first world infrastructure.

$57 Million in Touristic Project in Panama

March 2010

It is called ‘Paseo de las Casas’, it is located in the province of Coclé and includes luxury residences and a golf course.

Construction of the first phase has already begun, comprising 4 apartment buildings. As for the golf course, it will feature 18 holes, and is expected to cost $18 million.

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Grupo Williams

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

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