MARKET TRENDS
Apartment Rentals: Interest in the Region IncreasesThursday, April 29, 2021 During the first four months of 2021, interest in apartment rentals, as evidenced by the number of Internet searches and mentions in conversations in the digital environment, increased in all Central American markets. Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project demand trends in the short and long term, for the different products, services, sectors and markets operating in the region. Shopping Centers: New investments in Costa RicaTuesday, April 27, 2021 The construction of a 23,500-square-meter shopping center that will house 135 stores and will be located in Ciudad Quesada, in the province of Alajuela, has been announced. The new property is called Plaza Comercial El Encuentro San Carlos and will be built by Desarrolladora Inmobiliaria Bambu in alliance with Nacascolo Holdings. The shopping center will begin construction in April 2021 and will open to the public in November 2022. Corporate Center: New Investment in Costa RicaThursday, March 25, 2021 Portafolio Inmobiliario plans to invest $11 million in the refurbishment of the Real Cariari Shopping Center, which will be turned into an office building to be called Cariari Corporate Center. The firm decided to make this change because in the areas near the building, competition among shopping centers is strong, as Paseo de las Flores, mall Alajuela and Oxígeno operate in the area.
MARKET TRENDS
Apartment Rentals: Consumers and InterestWednesday, March 10, 2021 During the first weeks of the year, interest in apartment rentals increased in Honduras, Panama, Dominican Republic and Guatemala, a situation that contrasts with Costa Rica and El Salvador, markets in which interactions in the digital environment decreased. Through a system that monitors in real time the changes in the interests and preferences of consumers in Central American countries, developed by CentralAmericaData, it is possible to project demand trends in the short and long term, for different products, services, sectors and markets operating in the region. Real Estate: Prices and Sales are DownTuesday, January 26, 2021 Although in the Nicaraguan market properties are priced up to 30% or 40% cheaper compared to the prices registered prior to the political and health crisis, sales have fallen considerably. Taking as a reference 2017, the year prior to the political and social crisis in Nicaragua, it is evident that currently real estate prices have decreased by up to 30% or 40%, assure businessmen in the sector.
MARKET STUDY
Housing: How is the Central American Market behaving?Friday, November 27, 2020 Between July and October 2020, the number of people in Panama looking for rental homes grew 56%, while in Guatemala, the number of people exploring options for renting a home fell 37%. CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with key data to understand their behavior, new trends and anticipate eventual changes in their purchasing patterns.
MARKET STUDY
Rental and Sale of Apartments: What is the Most Sought After?Monday, November 16, 2020 Between July and October 2020 the number of people in Panama looking for apartments to rent grew 34%, while the number of Honduran consumers looking to buy apartments for sale fell 5%. CentralAmericaData's interactive platform, Consumer Insights, monitors in real time changes in consumer habits in all markets in the region and in other Latin American countries, with key data to understand their behavior, new trends and anticipate eventual changes in their buying patterns.
MARKET TRENDS
Vacation Properties: Increasing interest in Central AmericaFriday, July 3, 2020 After an abrupt drop reported in March and April in consumer interactions associated with vacation properties, since the beginning of May in all markets of the region interest in this topic has rebounded. Through a system that monitors 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 that operate in the region.
MARKET TRENDS
Property Valuation: Rising Interest in Central AmericaFriday, June 26, 2020 In February, March and April 2020, interest in property valuation and inspection services fell in all the region's real estate markets, but from May onwards there was a considerable upturn in Internet interactions associated with the subject. A system developed by CentralAmericaData that monitors changes in consumer interests and preferences in Central American countries in real time makes it possible to project short- and long-term demand trends for the various products, sectors and markets operating in the region.
MARKET TRENDS
Real Estate Market: Interest in Commercial Investments IncreasesFriday, June 19, 2020 At the beginning of the covid-19 outbreak in most of the region's real estate markets, interest in commercial investments decreased, but in recent weeks the decline stopped and in some countries increases are already being reported. Through a system that monitors 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. Government Construction and DecisionsFriday, January 17, 2020 For businessmen in Costa Rica, the dynamism and growth that the sector can report in 2020 will depend largely on the commitment of the Alvarado administration in the implementation of a series of actions to ensure that this activity rebounds. For the Costa Rican Chamber of Construction CCC, the action of the Government represents the cornerstone for the sector this year. Big Data and Real Estate MarketFriday, August 30, 2019 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. Residential project works are reactivatedTuesday, October 9, 2018 After the Malaga City housing project was acquired by ALD Inmobiliaria in Costa Rica, the construction company has re-started work on the 1,600-unit condominium. In August, in order to reactivate the project under the name "Residencial Terra Verbena", the acquisition of the residential complex "Malaga City" located in Alajuelita by ALD Inmobiliaria from Rock Constructions was reported. Construction: $350 million in Residential ProjectsMonday, February 5, 2018 Apartment buildings and horizontal condominiums in Panama, Costa Rica and Guatemala feature heavily in the list of real estate projects planned for the coming months in the region. 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 for which environmental impact studies (EIA) were submitted to the respective institutions of each country in November 2017. Panama: More "Overdue" Bonds in Stock MarketWednesday, April 27, 2016 A $2.7 million issue made by the UHR Development Company which intended to build a boutique hotel in the area of Bella Vista has been declared overdue. In 2013 the company attempted to raise $12 million on the Panamanian stock market, but apparently, the issue was not attractive enough and they ended up raising only $2.7 million. Three years later, the issue has been declare past due, and should have been honored by UHR Development on 22 February 2016. |
|