Residential Construction: New Investment in Guatemala

In Zone 14 of Guatemala City, the company Desarrollos Quinta S.A., plans to build a 23-level apartment tower that will have a construction area of 40,285 square meters.

Friday, September 25, 2020

According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Desarrollos Quinta S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called "Avita Quinta".

Learn more about CentralAmericaData's "Commercial Feasibility Studies"

The study presented to the authorities last August explains that the development of the project will require the demolition of previous infrastructure with a total of 501 m2 and earthworks for the construction of basements with a magnitude of 37,000 m3.

The document specifies that the project area is 5,519 m2, the occupation area is 2,717 m2 and the construction area is 40,285 m2.

In the four basements that will be built there will be a parking area with capacity to park 292 vehicles and in addition there will be spaces for the location of 55 warehouses.

According to the EIA, this project is expected to require an investment of approximately $5.2 million.

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

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More on this topic

Apartment Building: New Investment Planned

October 2020

In Zone 10 of Guatemala City, the company Iquique S.A. plans to build a 12-level tower, with apartments of three rooms each.

According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Iquique S.A., submitted to the Ministry of Environment the Environmental Impact Assessment (EIA) to develop the project called "Menara".

Vertical Housing Supply Continues to Grow

October 2018

A 20-story residential building is planned in Zone 15 of Guatemala City, which will accommodate 70 apartments and will have six basements.

According to the interactive information system "Construction in Central America" of CentralAmericaData, Niko 10, S.A. expects to build a residential tower with apartments of between 73m2 and 93m2.

Guatemala: $55 million in Residential Projects

October 2017

In August 2017, three construction projects were processed, comprising seven towers with 547 apartments, all to be developed in Guatemala City.

Data from the interactive information system "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData.

$61 million to be Invested in Real Estate Development

September 2017

An environmental impact study has been submitted for the construction in San Miguelito, Panama, of a mixed complex consisting of six apartment towers and a tower for commercial use.

Data from the Interactive System "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, indicates that in June Inmobiliaria Panamá Bella S.A. submitted an Environmental Impact Study (EIA) to the Ministry of the Environment.

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