$5 Million in Horizontal Urbanization Development

In Costa Rica, a subdivision will be implemented with developed infrastructure amenities, such as a soccer field, clubhouse, playground, among others, for the future residents, as well as access roads, security checkpoint, etc.

Monday, July 4, 2022

CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.

Learn more about CentralAmericaData's "Commercial Feasibility Studies".

"In San Jose, a residential condominium with all its basic infrastructure is planned to be built in four phases.

It is foreseen to develop 300 lots in an area of 65 thousand square meters, excluding works such as streets, right-of-way, security booths, sidewalks, green areas and children's playgrounds.

It will have a soccer field and a clubhouse as part of the recreational area, the total area of the project is 107,464 square meters.

Consult the construction platform for more information."

CentralAmericaData has information on planned construction projects in all Central American countries, with details such as estimated investment, project timing and phases, inputs and equipment that will be required during and after construction, water treatment, parking structure, among others.

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Weak Demand for Horizontal Properties

September 2018

Between the first seven months of 2017 and the same period in 2018, the registration of new horizontal properties went down by 19% in Panama.

According to figures from the Comptroller General of the Republic, new horizontal properties registered during the period from January to July reached their highest level in 2017, when 9,083 were reported, 19% higher than the 7,373 registered this year.  

Guatemala City Grows in Height

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During 2012 the construction of buildings dedicated to housing tripled in relation to 2011.

According to an article published by Elperiodico.com.gt, during 2012 the Territorial Control Directorate of the Municipality of Guatemala approved 12 projects in areas, 1, 9, 10, 11, 14, 15 and 16 for new buildings, mainly high rise apartments.

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