Residential Construction: $12 Million Investment Expected

In Panama, on a 9.25-hectare plot of land located in the township of Anton, Cocle, a residential project is planned to be developed that will house 273 houses.

Monday, April 19, 2021

According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Inmobiliaria Hacienda El Mirador S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Hacienda El Mirador - Los Bambu".

Learn more about CentralAmericaData's "Commercial Feasibility Studies".

The urban development consists of 273 lots, with a minimum lot area of 195.74 m2, maximum of 457.94 m2 and lots of 200.10 m2 in general, with homes with a total area of 71.60 m2, with a closed area of 60.60 m2 and an open area of 11 m2.

The houses will be of a single model-Guayacan, with: three bedrooms, living room, dining room, bathroom, kitchen, laundry, entrance and terrace. All walls will be made of structural panels.

The project will have green areas, public use area, sanitary facilities, streets, wastewater treatment plant and adaptation of the Las Guabas riverbed, within the political and administrative limits of the semi-rural sector known as El Ciruelito, belonging to the township of Anton (Cabecera), district of Anton, province of Cocle.

The global reference cost for this project has been estimated at approximately $11.7 million, explains the EIA.

CentralAmericaData has information on construction projects planned in all Central American countries, with details such as estimated investment, project timing and phases, inputs and equipment required during and after construction, water treatment, parking structure, among others.

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More on this topic

House Construction: New Investment Planned

December 2020

In the capital of the province of Herrera, Panama, they plan to build a residential complex that will have 185 single-family homes and will require about a $7 million investment.

According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Inmobiliaria Corro Pérez S.A., presented before the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Residencial Costa Mar".

$9 Million in Residential Expected

July 2019

In Panama, a residential complex consisting of 197 homes is planned to be built on a plot of land of approximately six hectares, located in Coclé.

Housing Realty Group, S.A. presented the Environmental Impact Study (EIA) to the Ministry of the Environment to develop the project called "Los Molinos Village House."

Residential Construction Figures in Panama

February 2018

Apartment buildings and horizontal condominiums in different regions around the country make up the bulk of the list of real estate projects planned for the coming months.

The interactive system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are planned to be built in the region.

Residential Projects to be Developed in Panama

January 2017

A 236 units residential complex in Cocle, apartment towers and a 428 units residential complex in Chiriqui, are some of the projects to be developed in Panama in the coming months.

The information system "Construction Projects in Panama" prepared by the Business Intelligence Unit at CentralAmericaData, provides an up to date list of construction projects for which environmental impact assessment (EIA) studies were submitted to the Ministry of Environment of Panama in October 2016.

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