Bids Invited for Building Residences in Guatemalan Customs

Bidding invitations were published for building residential complexes in Valle Nuevo and San Cristobal customs offices.

Tuesday, September 1, 2009

Bids will be received by SAT, the Guatemalan Tax Authority, before November 4th.

"An economic figure is not available yet. Sources from the SAT's Infrastructure Department commented that most of the projects will be carried out through public bidding, and the economic figure could vary depending on where they are built", reported Prensalibre.com.

More on this topic

$58 million Residential Development Project

July 2017

Urbánica has announced that it is planning to start building the first of three 14-storey buildings and 112 apartments in Antiguo Cuscatlán at the end of this year.

The developer plans to start building the first of the towers later this year, and construction of a second and third will depend on the sales process. According to Alejandro Duenas, executive director of Urbánica, in the first phase of construction $24 million will be invested.  

Housing Construction in Nicaragua

January 2013

The Chamber of Builders and the government are working together to achieve the funding necessary to reach the target of 10,000 new homes every year.

Laprensa.com.ni reports that "After fulfilling the goal of building 4,000 houses and delivering them in 2012, the goal is to raise the annual figure by a thousand houses.

Two Offers Received for “Manuel Castillo” Residential Project

July 2010

The developers Ingeniería Rec S.A. and Nova S.A. were the only companies to bid for the $25 million project.

The contract is expected to be awarded in the first week of August.

“In the site visit five companies had an expressed an interest in bidding but only two have formalised their intention to stay in the project,” reports Prensa.com.

Guatemala: $70 Million Investment in Residential Tower

October 2009

Named "Condado La Villa" Condominum, it will be developed by company "Conceptos Urbanos" and located in the Guatemalan Capital.

The project includes 18 levels with 104 units. It will be located in Zone 14, and its prices will start in $79.000.

"... constructed 100% in concrete, its "H" design will allow all its apartments to have wide windows, saving energy and absorbing wind better, reducing the need for air conditioning", explained Mauricio Barillas, project architect.

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