Panama: Residential Development for $26 million

Plans are underway to build a complex of middle income town houses in an 30 hectare area in the district of Chepo, Province of Panama.

Tuesday, November 17, 2015

In the Environmental Impact Assessment (EIA) for the "RESIDENCIAL QUINTAS DE TANARA" project, presented by Viviendas de Calidad, S.A. to the Ministry of Environment of Panama in August 2015, it is indicated that the plan is to build medium income single family houses.

The residential will be located near the Mall "La Doña", on the Panamerican Highway.

The project involves the adaptation and land leveling in order to make space for the 1,025 lots ranging from 120 m2 to 170 m2, for the construction of 1,025 units of detached, semi-detached and social interest row style houses, an area which will also include public use areas (neighborhood parks), playground, sports court, police station, landscaping, nursery center, chapel, community center, health center, wastewater treatment plant , on a contemplated area of ​​30 hectares. The sales prices of the houses will be approximately $40,000.

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More on this topic

Residential Construction: $30 Million in New Investment

November 2020

Calypso Developments announced that it plans to build a horizontal residential complex in the province of Limón, Costa Rica, which in its first stage will consist of 77 homes.

According to information released by the company developing the project, the new housing complex will be called "Condominio Hacienda Santa Rosa" and will be located in the Southern Caribbean, 15 minutes from downtown Limon, on the road to Cahuita.

Real Estate Fair: $180 Million in Business Agreed

September 2019

At the Expo Capac in Panama, 2,100 homes were sold, and mortgage transactions for nearly $180 million were achieved, surpassing the projections of the organizers by 50%.

This year was attended by 400 exhibitors who presented some 600 real estate projects and the support of 14 mortgage banks, public and private, which closed buying and selling procedures with thousands of visitors who came together during the five days of the fair event, reported the Panamanian Chamber of Construction (CAPAC).

Guatemala: Mixed Real Estate Development for $261 million

September 2016

A residential complex is to be built in Santa Catarina Pinula which will consist of single-family homes and apartment towers, with a total area of ​​200 hectares.

The report "Construction Project in Guatemala July-2016" by CentralAmericaData.com notes that the developer Inversiones Pavalco, S.A.

El Salvador: Homes for $40 million

March 2016

Plans indicate that the project by the construction firm Salazar Romero in the municipality of San Miguel will have 1,300 residential units, electronic entry systems, monitoring and an electrified fence.

The construction firm Salazar Romero has announced an investment of $40 million in the residential real estate project Metropolis San Miguel, which consists of the construction of 1,300 homes at the end of Seventh Avenue South, in the municipality of San Miguel (east of the country).

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