A residential and commercial complex is being developed in Costa Rica on a 21,000-square-meter site, which will include amenities for condominium owners.
CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
In Costa Rica, a 17-story apartment building will be built on a 20,000 square meter site, with commercial and recreational areas.
CentralAmericaData's "Commercial Feasibility Studies" includes an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
In Panama, a residential megaproject will be built in an area of 195 hectares to provide residential housing, apartment buildings, duplexes, commercial premises, and spaces for institutions that provide neighborhood services.
CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
Guatemala City is expected to have a mixed commercial-housing project with a commercial area and apartments of different typologies with one to three bedrooms, providing options for those interested in residences.
CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
Construction is planned for the first quarter of 2022 of a residential complex for 23 apartments and a penthouse in San Pedro Sula, with amenities for condominium owners.
CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
In the first quarter of 2021, 35 environmental impact studies were submitted to develop condominiums, apartment buildings and other housing projects in Central American countries.
The interactive platform "Construction in Central America", from CentralAmericaData's Business Intelligence Unit, provides an updated list of public and private construction projects that have submitted environmental impact studies (EIA) to the respective institutions in each country.
In Costa Rica, the Saxum business group plans to build an apartment tower categorized as luxury, which will be located in Barrio Dent, in the Montes de Oca canton.
The project, called DEN7, will house 12 luxury apartments that will have a market price of $560 thousand each, will have three bedrooms and a size ranging between 180 m2 and 200 m2.
The residential tower, which will begin construction in January 2022, will have nine floors and its last three floors will be reserved for penthouses.
Businessmen estimate that between 750 and 800 houses were sold in Nicaragua during the first four months of the year, a figure that would be far from the sales reported prior to the socio-political crisis of 2018, but would exceed the sales of the last three years.
In 2017, before the political and social crisis broke out, 5,000 houses were sold in the country per year.
Construction began on the second building of the Torres Los Yoses residential complex, the new building will have 19 levels, will house 119 apartments and will require a total investment of approximately $18 million.
According to information provided by Grupo Inmobiliario Del Parque, developer of the project, which is located at the entrance of Los Yoses neighborhood in the country's capital, the new tower, whose groundbreaking ceremony was held on February 19, 2021, will have about 16,500 square meters of construction and the building works are expected to be completed in January 2022.
In Zone 16 of Guatemala City they plan to build a residential complex composed of ten apartment towers, which will house 225 housing units of different types.
According to the interactive platform "Construction in Central America" of the Trade Intelligence area of CentralAmericaData, Inmobiliaria Las Lomas S.A., presented before the Ministry of Environment the Environmental Impact Study (EIS) to develop the project called "El Socorro Fase I".
In Zone 9 of Guatemala City, a residential tower is planned to be built that will house 281 apartments and have a parking lot with capacity for 541 vehicles.
According to the interactive platform "Construction in Central America" of the Trade Intelligence area of CentralAmericaData, Las Orquideas S.A., presented before the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "LOZ 9".
In Panama, tenders have been invited for the rehabilitation, maintenance and improvement of 71 multi-family housing buildings, located in the district of Barrio Norte and Cristobal Este, in the district of Colon.
Panama Government Purchase 2020-0-03-0-03-LV-040649:
"The Contractor shall supply all labor, management, materials, energy, lighting, fuel, water, tools, instruments, equipment, supplies and other means of construction necessary or appropriate for the execution and completion of the work, as requested in the tender document, shall obtain and pay for all permits and shall employ construction methods that will ensure prompt and satisfactory completion and that are compatible with the safety of life and property.
In the district of San Felipe, province of San Jose, Costa Rica, the company Monte San Miguel AOE SRL, plans to build a residential complex of three apartment towers of eight levels each.
According to the interactive platform "Construction in Central America" of the Trade Intelligence Unit of CentralAmericaData, Monte San Miguel AOE SRL, presented to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Monte San Miguel Condominium".
Although the Guatemalan economy has almost stagnated in recent months, during the first half of the year the number of loans granted for the purchase of residences grew 3%, and by 2021 it is predicted that sales could be similar to those of 2019.
The social distancing measures and the prohibition of several economic activities decreed by the authorities due to the covid-19 outbreak, caused considerable negative effects to the Guatemalan real estate market.
Although at the beginning of the covid-19 outbreak in all the markets of the region the interest for the rent of apartments of residential use diminished, at the beginning of April the fall stopped and in some countries an incipient rise is reported.
Through a system for monitoring changes in consumer interests and preferences in Central American countries in real time, developed by CentralAmericaData, it is possible to project short and long-term demand trends for the different products, sectors and markets operating in the region.