Costa Rica: Housing for the Middle Classes

A proposal issued by the National Congress for Construction in Costa Rica, suggests building high rise accommodation on sites where infrastructure already exists.

Monday, June 20, 2011

A press release by the Costa Rican Chamber of Construction reads:

CONGRESS PROPOSES ALTERNATIVE HOUSING FOR MIDDLE CLASSES

The country's housing deficit amounts to 187 000 households, according FUPROVI.

The Seventh National Congress of Construction "Densify: A country with room for everyone," organized by the Costa Rican Chamber of Construction and Social Housing Committee, ended with very positive results and clear proposals, which require work by both the public and private sectors in order to meet the objective that middle class people can own their own homes.

4 topics (land use and management, alternative standards for densification, technological systems for densification and non-traditional financing models) were discussed in workshops during the congress, each generating proposals.

More on this topic

Demand For Homes Exceeds Supply

March 2012

Every year the demand for housing in Nicaragua grows by 15,000 families, but only 10,000 new housing solutions are built.

In Nicaragua, some 25,000 houses are needed annually to meet increasing demand, which increases by 15,000 families each year.

Over the last two years, the annual deficit has fluctuated between 5,000 and 15,000 homes according to business owners in the construction sector, while the accumulated historic deficit is about 700,000 housing units.

Costa Rica: Boom in High Rise Housing

June 2011

Eleven new vertical projects will see the light over the next two years in the Greater Metropolitan Area.

Aimed at the middle and upper classes, most developments are to the west of San Jose.

Among the projects, one that has already been started is Paseo Colón Torres, in which $28.6 million has been invested and will be finished next year.

Vertical Housing Potential in Guatemala

June 2011

Guatemala City offers great opportunities for vertical housing development.

The high price of family housing, the lack of extensive land in the capital or on the outskirts of the city, are some of the motives behind the construction of apartment complexes.

"Xavier Andrade, president of the National Association of Home Builders (Anacovi), said that vertical complexes are a necessity for a city like Guatemala, because as time goes on cheaper land ends up further and further away from places of work, which means higher costs in terms of transport", noted an article in Prensalibre.com.

Guatemala: $8 million for Real Estate Project

June 2011

The Scena Business & Medical Center will contain offices, medical clinics and apartments

$8 million has already been invested for the completion of the first of four stages, expected to be completed in ten years. The total investment will be $50 million.

The corporation Madreluz is in charge of the first stage of the project, which involves the development of ten stories, a commercial floor and nine floors of offices and medical clinics.

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