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.
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.
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.
Businessmen in Nicaragua estimate that this year the sales of houses will not exceed one thousand units throughout the country, which is explained by the economic situation that the country has been living for fourteen months now.
Although in April 2018 the political and social crisis broke out in the country, builders managed to sell 3,108 homes last year, but the figure was 34% lower than the 4,738 homes sold in 2017.
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.
During November 2018, 26 environmental impact studies were presented in the countries of the region to develop condominiums, apartment buildings and other housing projects.
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 constructionprojects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
A 40% decline is estimated in the construction of social housing investments in the country, and in the case of middle and upper-class housing, the contraction reaches 70%.
According to figures from the Superior Council of Private Enterprise (Cosep), the value added in the construction sector will register a 25% decline, falling from $399 million in 2017 to $300 million in 2018.
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.
The union of builders is proposing creating an insured mortgage fund, to provide financing for those who can not meet the requirements demanded by banks.
The Chamber of Developers of Nicaragua (Cadur) announced that the fund could start with an initial seed capital of $5 million.The objective of the fund is to finance the purchase of new homes, and to facilitate access to financing for workers in the informal sector or clients that receive remittances from abroad.
The Guatemalan construction company Spectrum, started construction, in Managua, of a residential complex with 93 homes on two levels.
The guild of developers announced that the first stone was laid yesterday, of the project that will offer five housing models at prices that will range between $100,000 and $168,000.
The social interest residential complex that the developer La Riviera plans to build on a plot of 11 blocks in Rivas, will contain 300 homes measuring 60 and 80 square meters.
Apartment buildings, gated communities 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", by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects for which environmental impact studies (EIA) were submitted in September 2017 to the respective institutions of each country.
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