Real estate development funds alter the course after takeoff crashed. They had just slipped their moorings when the real estate investment trusts were met head on with the global financial crisis, which in most cases forced them to delay and reconsider the route works. The main variable was dented credit contraction since the funding is a key ingredient in these products,...

Construction will proceed at a slow pace and oversupply will push the price of rent. Although the real estate sector such as offices, industries and businesses already felt the impact of the crisis to see their occupancy levels have declined, adding more square feet supply is maintained with a slight growth and at worst cases, stable. For example, the business reported...

In Guanacaste the new applications fell by up to 70%. Sector recorded a 37% drop in permits processed in square meters during the first half of the year. In the vicinity of the roundabout is constructed of a flag Gastronomic Center, for the vicinity of the Indoor Club Curridabat rises in a bank and a shopping center and a service station. These projects are part of some...

In Garabito lowers the real estate wave and the municipality intends to take advantage of this pause. In Jacó, almost all the new condo buildings are completed and little movement is observed in the construction of the town faced, a little over a year, a spate of building projects. The economic crisis lowered the agitation of those investments and now gives him a respite...

Both activities contribute 50% of the flow of dollars. The development of large tourism projects and acquisition of luxury residences by foreigners is what is stimulating the flow of foreign direct investment (FDI) to our country. The country received $ 328 million investment in the tourism sector last year, more than double what it received in 2006. While in the real...

Public works are those that may have increased demand for companies that rent construction equipment and light machinery. Rental of construction machinery with a slight decline at the end of 2008. ALCO when the company started business of renting construction equipment, the market had a high demand today, CEO Emilio Valverde, acknowledged that the company had to diversify...

Investment in Costa Rica real estate by foreigners began to slow the pace in recent months. At the end of the first quarter of 2008 shows a fall of 35% over the same period of 2007. Central Bank data on foreign direct investment (FDI) show that investment in land and homes by foreigners was $ 103 million in the first quarter of 2008, nearly $ 60 million less than last...

The Municipality of Osa said in a communique that the majority of real estate projects in the area would have a low environmental impact. The council bases its claim on an assessment prepared by the National Environmental Technical Secretariat (Setena). According to the paper by the Secretariat, a total of 160 projects evaluated, 136 with the corresponding “environmental...

Continue to build despite the crisis. The construction of hotels and condominiums is stalled in the country might be inaccurate because in some places like Jacó do not stop. With a contraction as the current international financial architecture, it would be difficult to maintain the pace they had in previous years. However, there are positive developments. Such is the...

With the argument that the euro price is much better than before, Carlos Ricardo Benavides, Minister of Tourism, led to the hotel in Palma de Mallorca in Spain to invest in midst of economic crisis. To the minister, now also offers a good time to start new hotel projects in Costa Rica. Benavides met with businessmen Mallorcans at the Chamber of Commerce of the town, said...