$95 million Traded in Real Estate Fair

Preliminary results from the Housing Expo 2017 in Panama show banking transactions worth $95 million.

Tuesday, April 25, 2017

The goal of the Panamanian Chamber of Construction is to achieve $160 million in transactions and about 40,000 visits. This figure could be reached once the data for Sunday 23 April has been included. 

See also "Housing Market in Panama: What to Expect in 2017"

Alejandro Ferrer, president of the organizing committee of Capac, explained to Prensa.com that "... this exhibition represents for the Panamanian economy an opportunity for housing developers to undertake new projects. "The amount of sales that are generated here allows projects that are waiting for a certain amount of presales to be made so that (the promoters) can start the works."



More on this topic

Real Estate Boom in Eastern Panama

December 2017

Greater mobility provided by Line 2 of the Metro in the East of the capital explains the growing attractiveness of the area for real estate development, especially for residential construction.

As of October 2013, the total amount of area processed for new residential buildings in the province of Panama amounted to 903,000 square meters, while in the same month in 2017, just four years later, the figure exceeds one and a half million square meters.

Nicaragua: Real Estate Fair Announced

January 2017

The event to be held from February 17 to 19, will showcase 50 housing projects with prices of between $20,000 and $100,000, and it is expected that at least 500 homes will be sold.

The Housing Construction Chamber of Nicaragua (Cadur) is the organizer of the event, which will take place at the Crowne Plaza Convention Center in Managua. 

42 sqm Apartments for $74,000

August 2016

In Costa Rica the real estate market has started to respond to the demand for lower middle class homes which typically have minimal sizes and are in buildings or condominiums.

Apartments measuring from 40 square meters for single people or small families at prices starting from $65 thousand have started to make up a large part of the real estate supply in the country, where until now there has been a predominance of real estate developments which are larger area and cost more, aimed at the middle class and upper class middle segment.

Ideas for Building More Homes in El Salvador

August 2016

Analysis is being done on the concept of a leasing and a housing trust fund to facilitate greater access to bank financing for the construction industry.

The Salvadoran Construction Chamber believes that its financial capacity to develop more projects could be expanded through the use of trusts. Its president, Jose Antonio Velasquez, told Laprensagrafica.com that   "... at the moment banks lend to housing developers 'against their balances'. By using the concept of trust loans, the bank takes control of the project and would be able to lend more".

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Latinamerica Title Co.

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

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