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 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.
The Municipality of Panama tenders the improvement works of 12 residential complexes located in the Corregimiento de Calidonia.
Panama Government Purchase 2021-5-76-0-08-LV-013845:
"The work includes the supply of materials, tools, equipment, accessories, labor and all that is required to carry out the painting of facades and common areas and repair of roofs and balconies of 12 residential complexes in the Corregimiento de Calidonia, District of Panama.
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.
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".
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".
Open spaces in the condominiums, green areas and enough rooms to accommodate a home office, are aspects that Guatemalan consumers consider when buying a residential property.
As a result of the covid-19 outbreak, the population in Guatemala was subjected to strict quarantine, which caused changes in people's behaviors and modified tastes and preferences.
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.
In the first semester of 2020, 85 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", of the Trade Intelligence Unit of CentralAmericaData, includes an updated list of public and private construction projects that present environmental impact studies (EIS) to the respective institutions in each country.
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.
Entrepreneurs in the real estate sector estimate that in the Panamanian market the prices of homes in inventory could fall between 5% and 10%, due to the economic crisis resulting from the outbreak of covid-19.
Although the construction industry is currently paralyzed because of the health emergency and the supply of new housing is not increasing, entrepreneurs anticipate a fall in the prices of residential property.
After the Preferential Interest Act was modified and the maximum limit for applying preferential interest to the purchase of homes was raised to $180,000, an 11% decrease in the inventory of available homes was reported.
The construction is planned to start in the municipality of Santa Tecla, El Salvador, a residential complex of 39 houses of two floors each, which will have three rooms and two parking lots.
The project called "Residencial Vía del Carmen", whose reserve in plans is 30%, will begin to be built from the first quarter of 2020 and will be developed by the real estate company "3 Torres".
About 60% of the apartments in the district of Santa Ana, Costa Rica, have prices per square meter that range from US$1,500 to US$2,000.
An analysis of the real estate supply by area, prepared by the Trade Intelligence Unit of CentralAmericaData, shows interesting results on the behavior and distribution of prices per square meter in the sector of Santa Ana, in the province of San José.
In Costa Rica, Concasa announced that it plans to invest $73 million in the development of four housing projects, which will be developed in the course of 2020 and 2021.
Company executives reported that the first project they will develop is called "Monte Alto", which is a complex of nine apartment towers, located in Curridabat and construction will begin in January 2020. For this project the company will invest $40 million.
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.