Costa Rica: Boom in High Rise Housing

Eleven new vertical projects will see the light over the next two years in the Greater Metropolitan Area.

Tuesday, June 28, 2011

Aimed at the middle and upper classes, most developments are to the west of San Jose.

Among the projects, one that has already been started is Paseo Colón Torres, in which $28.6 million has been invested and will be finished next year.

El Financiero reported statements by Rosendo Pujol, director of the Research Program on Sustainable Urban Development at the University of Costa Rica (PRODUS in Spanish), concerning the reasons for this boom, which he said were "... insecurity, growing congestion on roads and significant increases in the income of a minority. "



More on this topic

Costa Rica: $56 million in Residential Projects

July 2016

Vertical and horizontal residential condominiums in the provinces of San José, Heredia and Cartago are some of the projects for which environmental impact studies were submitted in May 2016.

The report "Construction projects in Costa Rica in May 2016"  prepared by the Business Intelligence unit at CentralAmericaData.com, provides an updated list of major construction projects for which environmental impact assessment (EIA) studies were submitted to the National Environmental Technical Secretariat (SETENA) in May.  

Providing Security is Key to Real Estate Development

January 2013

Billed as a "private city", Paseo Cayalá is the first of several complete urban projects to be developed outside of the capital of Guatemala.

The complex located about seven miles from the capital and is the first of several to be developed which include, in the same place, different types of houses, boutiques, supermarkets, restaurants, parks and even a church, all with security service included.

Over $190 million in Residential Towers

August 2012

The boom in vertical housing continues in the capital of Costa Rica, where the trend of living near to the down town area is a response to the serious problems of road traffic.

Condominios 6-30, Torres del Lago, Torres Paseo Colón, Vistas de Nunciatura and Condominios Nara are some of the residential-commercial projects currently on offer in the city of San Jose.

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Camara Costarricense de Corredores de Bienes Raices

Organization that operates in Costa Rica.
Phone: (506) 22830191 - (506) 22832891

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