The residential project will be carried out in a 24-month period, with a construction of 18 thousand square meters, for 13 floors and four basements, with the capacity to offer 75 apartments with different typologies.
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 Guatemala, a luxury apartment complex is being developed with 25 thousand square meters of construction, eight stories below ground level and 18 stories high, in addition to different amenities that residents will be able to enjoy.
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.
In 2019, 426 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", of the Trade Intelligence Unit of CentralAmericaData, includes an up-to-date list of public and private construction projects that present environmental impact studies (EIS) to the respective institutions in each country.
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.
During 2018, 435 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 Trade 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.
On October 6th and 7th, 30 real estate development projects focused on the high socioeconomic population will be presented in Guatemala.
The projects to be presented at the event called Luxury Real Estate Guatemala are part of the top class and are located in the 10, 13, 14, 15, 16 and Muxbal areas.
Apartment towers in the capitals of Costa Rica and El Salvador, and a horizontal residential condominium in Panama, are some of the housing projects that are planned for construction in the following 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 which are planned to be built in the short and medium term.
Apartment buildings, condominiums and complementary works in Panama, Costa Rica, Guatemala and Honduras are some of the construction projects planned for the coming months in 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 in June 2017.
Apartment towers in Costa Rica, Guatemala and Panama are some of the residential construction projects planned for the coming months in 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 in April 2017.
Most of the premium housing supply is located in the Eastern region of the metropolitan area, where spaces are offered measuring approximately 200 square meters and are priced from $150,000 upwards.
The Guatemalan Chamber of Construction (CGC) states that "... the market for premium housing in the country hovers around 15%," where the alternative to luxury apartments shows an upward trend.
The increasing preference for residences in central areas of the capital is generating business opportunities for developers in areas which have not yet been exploited.
Real Estate companies say that although there is a good distribution of the supply of high rise and traditional houses in the capital, "... development is needed of zones 3, 6, 7, 8, 9 and 12, which have access and services."
How much does a house cost that is 200 square meters, 3 bedrooms and 2 bathrooms, in an area of 3,000 square meters, in a middle class neighborhood?
The Central American Home price Snapshot, coordinated by Reveal Real Estate and Global Property Guide, reveals the sales price of similar homes in 12 real estate markets in Belize, Nicaragua, Costa Rica and Panama.