A 207-home condominium estimated in $11 million in Costa Rica, and several apartment building projects in Panama and Guatemala, are part of the developments planned in the coming months in Central America.
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 coming months.
Explained by the increase in vertical housing construction, in Guatemala manufacturer’s report that in recent year’s furniture designed for confined spaces has gained popularity and has become a trend in the local market.
Businessmen in the sector agree that since 2015 this trend began to be noticed in the country and some local manufacturers estimate that the demand for compact furniture has increased 40% in the last four years.
In the metropolitan area of the country, there are an estimated 87 vertical housing projects for socioeconomic segment C, offering 5,963 apartments.
Representatives of the firm Global Inspections, detail that the 87 projects that are currently in the sale phase in the department of Guatemala, together accumulate a $874 million investment.
Offering more amenities in residential complexes and maintaining the discounts offered in housing fairs for longer are some of the strategies applied by real estate developers in Costa Rica to increase sales of new homes.
According to the most recent figures from the National Institute of Statistics and Censuses (INEC), between the first half of 2018 and the same period in 2019 the number of houses built in Costa Rica fell by 11% from 10,753 to 9,620.
In the first half of 2019, 178 environmental impact studies were presented to develop condominiums, apartment buildings and other housing projects in Central American countries.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
A shopping mall in Panama, a multi-purpose real estate complex in Guatemala and the expansion of a drinking water system in Costa Rica are part of the investments planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
A residential complex is planned to be built in the municipality of San Miguel Petapa, consisting of two towers of 12 levels each that will house 240 apartments.
Inmobiliaria y Desarrolladora D, S.A. presented to the Ministry of Environment and Natural Resources the Environmental Impact Study (EIA) to build the housing development project called "Torres Villa Hermosa".
An electric transmission line in Panama, a mixed-use building in Guatemala and the development of a residential project in Costa Rica are part of the investments planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
Vertical housing developments in Panama and Guatemala, and the development of a mixed-use project in Costa Rica, are part of the investments planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
Two vertical residential complexes are being developed in the country's capital, one that will be in Zone 5 and will offer 385 apartments, and another that will be in Zone 15 and will house 24 housing units.
The Modus Vivendi company will build a housing complex called "Barrio 5" in the Saravia neighborhood in Zone 5 of the capital, which will be made up of two towers that will house 385 apartments.
In the first quarter of 2019, 76 environmental impact studies were submitted to develop condominiums, apartment buildings and other housing projects in the countries of the region.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
The construction of a school in Costa Rica, urbanization works in Panama and the development of a vertical residential complex in El Salvador are some of the projects planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
The construction of a thermoelectric plant in Panama, a food processing plant in Costa Rica and a vertical residential complex in Guatemala are part of the projects planned for the coming months in the region.
The interactive system "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects that are expected to be built in the coming months.
A 37-story tower is to be built in Amatique Bay, Izabal, which will have a construction area of nearly 25,000 square meters and will house 120 luxury apartments.
Arbitrare, the developer of the project called "Torre Manatí", plans to invest $15 million in the construction of the 140-meter building. It is expected to be the highest in the country and the first of its kind to be built outside the city.
A 16-story building is planned in Zone 10 of Guatemala City that will have commercial premises, offices, apartments and an area that will be conditioned for a hotel.
Mercantil de Proyectos, S.A. presented the Environmental Impact Study (EIA) to develop the project called "Edificio B, Centro Corporativo los Próceres 13.50", which will be developed on a plot of land on the corner of the tenth and ninth streets and the fourteenth avenue.