El Salvador: Housing Potential in Southeast

A rise has been indicated in commercial, residential and hotel developments in areas of Santa Tecla and Antiguo Cuscatlán thanks to its geographical and topographical advantages.

Wednesday, March 23, 2016

The proximity to the coast and its topographical features make the southwest area of ​​El Salvador an attractive area for real estate development, particularly for commercial, residential and hotel developments, reports Elsalvador.com. The region includes the entire metropolitan area southwest of the country including Santa Tecla and Antiguo Cuscatlán.

See also: "El Salvador: $16 million Shopping Center"

"... Carlos Guerrero, president of the Salvadoran Chamber of the Construction Industry (Casalco), said Santa Tecla and Antiguo Cuscatlán are the two areas with great potential, as developers such as Tuscania, Urbánica and Adebien continue to make investments there. He added that they are also looking to the north of San Salvador, where there is a massive potential for urban growth. "

See also: "El Salvador: Corporate Center for $36 million"

"... These companies are moving toward more integrated urban development concepts, such as mini-cities. 'In 10 and 20 years we will have a very interesting development center. This includes the expansion of the road to Puerto de La Libertad. That will generate connectivity between the area's tourism development and the capital' said Giuseppe Angelucci, president of Tuscania. "

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More on this topic

New $8 million Residential Investment

November 2018

The tower planned to be built in Antiguo Cuscatlán, in El Salvador, will have nine levels and will house 94 apartments.

Inversiones Bolívar, the company developing the project, reported that this new tower, which will be built in the Lomas area of San Francisco and will be called "Avitat Joy", is the third part of the series of condominiums, as "Avitat One" is already sold completely and Avitat Fit will be completed in 2019.

$14 Million Investment in Residential Complex Announced

October 2018

It is expected to invest $14 million in the infrastructure of an apartment building, which will have 109 housing units and will be located at kilometer 16 of the road between San Salvador and La Libertad.

The project, called AtLoft, will be developed by Tuscania Corporate & Business Park (TCBP), and according to its representatives, the complex will include a total area of seven blocks.

More High Rise Housing in El Salvador

April 2018

Construction work has started on a residential complex estimated at $60 million, which will be composed of three apartment towers and will be located in Antiguo Cuscatlán.

The housing project being developed by the construction company Urbánica is called "Puerta del Alma". It will have 304 apartments and 709 parking spaces which will be distributed in an open area and two basements, and the condominium will be located on Calle El Pedregal in front of the Multiplaza shopping center.

El Salvador: Corporate Center for $36 million

July 2015

It has been announced that a corporate complex will be built as part of the Tuscania, a development project on the road to Puerto La Libertad, in the city of Zaragoza.

The office building is designed to complement the residential and commercial project now operating in the complex of Tuscania, which will require a total investment of $66 million.

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