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Panama: "Costa Verde" Urbanization Moves Forward

The project includes basic services, roads, areas for residences and commercial and recreational developments.

Friday, September 4, 2009

©image: Costa Verde

It is located in La Chorrera district and investment in infrastructure is estimated at $120 million.

To date, 20% of its total available area has been sold, said Ramón Arias, Project Director, who added that "this can't be seen as an urbanization, as it really is a city".

Source: estrelladepanama.com

Key entities

Costa Verde Hacienda Limón Ramón Arias Ministry of Housing (Panamá) Ministerio de Obras Públicas (Panamá)

Countries

Panama

Insight

housing development housing development mall home sales investment Real Estate Tourism Infrastructure and Construction

Housing Project proposal by the Roble Group in El Salvador

October 2008

Development Poles. This is how the Roble Group describes the housing projects it is carrying out in El Salvador.

The Miramar and La Hacienda housing complexes, both located 20 kilometers from the road to the La Libertad port, have brought development to the area and some inhabitants from the surroundings have had the opportunity to obtain direct employment, said Ruth Hasbun, Marketing Manager at the Roble Group.

New Real Estate Projects by Inversiones Bolívar

July 2009

The Salvadoran company has three new projects in El Salvador, where it will build housing and divide entire areas into lots.

Inversiones Bolívar projects comprise 469 blocks. Diego de Sola, CEO, announced that while the projects haven't started yet, everything is planned and en route.

New 'Home for Everyone' Projects

September 2010

El Salvador's 'Casa para Todos' scheme supported by president Mauricio Funes will be relaunched on 9 September with five new projects.

With financing coming from the People's Housing Fund (Fonavipo) and the Social Housing Fund (FSV) the five new projects will provide 942 homes for which construction is expected to be completed by the end of 2011.

“Inmobiliaria Spectrum” Invests $70 Million in Guatemala

March 2010

The real estate development company will invest in 5 housing projects and a shopping mall in Zone 18, Guatemala City.

The residential projects will be started on mid-2010, and will be located in the metropolitan area of Guatemala City. They will require between $25 and $30 million to be developed.

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