The project, which includes four residential condominiums, will generate about five thousand jobs both direct and indirect, said Alvaro Barraza, Commercial Manager of the project.
"According to Barraza, Portal Canarias is inspired by the Atlantic archipelago of the same name, and each condominium building - Puerta Gran Canaria, Allegranza, La Palma and Los Faros, aims to meet the needs of different types of families in El Salvador, but gathered together in an environmentally friendly space that will give all residents the opportunity to experience a fusion of nature, urban creativity and security", reported Elsalvador.com.
The first condominium building to be constructed, Puerta Gran Canaria, with 100 homes, will be finalized in 2013.
Source: elsalvador.com
More on this topic
May 2010
Portal del Casco is a new residential project by Urbánica, the real estate division of Dueñas Hermanos Ltda.
The project will comprise 92 lots over 30 squares, in a nature friendly environment. 60 lots will be up for sale in the first phase.
“$25.3 million will be invested in the project: $10 million in infrastructure costs, and the rest in land value. They will build ‘town house’ residences”, reported Laprensagrafica.com.
June 2009
In November 2009, Urbánica will begin construction of the “Portal La Ribera” 54-home complex, which they hope to finish by the beginning of 2011.
With a $15.3 million investment, the real estate developer Urbánica plans to complete the first set of homes for the project, which is located in the San Benito, San Salvador neighborhood, in May 2010. The prices of the homes will be between $275,000 and $300,000.
May 2010
Habitare Inmobiliaria will build a real estate project called “Puerta Grande”, featuring 65 residential units.
The company expects to deliver 40 units in 2010 and have the project completed by mid 2012, explained Rodrigo Arenas, company director.
“Construction started three years ago, on a 7 hectare lot located at kilometer 14.1 of the highway to El Salvador.
March 2011
Spectrum Real Estate presented its Alamedas de Santo Domingo project which will require a $ 26 million investment.
The project comprises the construction of 396 houses with six different designs, located at km 30.5 of the highway to El Salvador.
Rodolfo Fajardo, sales manager, told Siglo21.com.gt that housing "... will be for families with income greater than $ 2 thousand and prices will range from $ 92.000 to $ 116,000."
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