Grupo Roble announced that in June 2020 will begin construction of an office tower that will have a profitable area of about 14 thousand m2, which will be located near the Multiplaza shopping center.
Representatives of the real estate company Grupo Roble, reported that the project to be developed from next year is called "Roble Corporate Center", which will be located between the Multiplaza shopping center and the apartment complex of Torre El Pedregal.
Since October 1st, the payment of the Real Estate Transfer Tax Declaration can be made through a digital platform.
Elmundo.sv reviews that "... Alejandro Zelaya, Vice Minister of Revenue, reported that not only will there be a reduction in time, but also these 'procedural aspects' will reduce the economic cost of users, such as the elimination of payment to messengers who make the different processes for tax declaration.
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.
Businessmen are looking to districts such as Arraiján and La Chorrera, as the improved connectivity brought by the Fourth Bridge over the Canal and Metro Line 3 will bring a wide range of business opportunities.
These districts, in which considerable growth is expected in the next few years, currently remain among the main areas attracting investment in the construction sector, since according to figures from the Comptroller's Office, between January and July of this year, the costs of new works, additions and repairs reported in La Chorrera and Arraiján, totaled $79 million and $58 million, respectively.
Laurentino Cortizo approved the law that had previously been voted by the Assembly, which contemplates interest rate benefits for home purchases of up to $180,000.
Although the construction of houses in Nicaragua is depressed because of the crisis that the country is going through, entrepreneurs in the sector see business opportunities in the resale of real estate and land.
Identifying the best areas to invest in, knowing what type of property is in demand in each area, whether you are looking for more rentals or sales, homes or offices, or in which segments of the population there is more demand for each type of property, is part of what can now be analyzed using modern Big Data techniques.
The real estate market is not alien to the new reality focused on analyzing large volumes of information and making business decisions based on data.
The number of available apartments in Costa Rica has increased in recent years, a rise explained by the current economic situation and the high prices of some vertical housing projects.
Although sales are still on the rise, the number of apartments available in the Costa Rican market has increased, from 888 to 1,213 between 2017 and 2018, and up to June 2019 the figure reached 1,418.
In the coming months, a new 12,000-square-meter shopping center will be built in Cobán, Guatemala, and an existing one, Plaza Magdalena, will be expanded.
Executives of the developer Courban informed that in a few weeks they will begin the construction of a new shopping center called "Plaza del Parque", which will have 48 stores, restaurant area, spaces for banks and will also house a supermarket.
In Jacó and its surroundings, in recent years there has been an upturn in construction, mainly because of the development of residential projects.
Data from the Federal College of Engineers and Architects (CFIA) indicate that since 2016 the number of square meters of construction processed in the cantons of Esparza, Puntarenas, Garabito and Quepos, all of the central Pacific, have remained high.
In Costa Rica, it is estimated that rental housing with the best rates of return can be found in Escazú, Santa Ana, Sabana, Rohrmoser and the North of Heredia.
Estimates from Colliers Internacional detail that in the case of the office warehouses, the areas close to the Airport, the Coyol in Alajuela, and the Uruca, Heredia, Valencia, Lagunilla, San Francisco and Ochomogo, are the areas with the best profitability.
In San Miguel, a 200-block lot is being built as a complex that will offer spaces for industry, commerce and residences, a project for which an investment of $21 million is projected.
P&D Desarrollo Inmobiliario, is the Salvadoran company that executes the project called "Desarrollo San Andrés", which is located in the municipality of Quelepa, about three kilometers from the city of San Miguel.
For real estate developers, combining offices, residences and businesses in the same project reduces the risk of losing profitability, as lower demand for one component can be offset by higher demand for another.
With the aim of reducing investment risks, Costa Ricalas companies prefer to build multi-purpose projects, which combine residences, offices and shops.
Because of the difficult political and economic situation that Nicaragua is going through, it is estimated that with respect to 2017, sales in Managua declined more than 50% during 2018.
According to the firm Keller Williams (KW Nicaragua), which brings together nearly 200 real estate agents throughout the country, sales have fallen because of uncertainty in the country, coupled with job losses in the local economy.
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