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Panamanian developers cater to the local market

13.10.2009
Homesoverseas.ru editorial office
83
Panamanian developers switched to the construction of luxury apartments designed for foreign buyers, on projects for the local real estate market, - said the president of the Panamanian Construction Chamber (CAPAC) Jaime ance. Now the bulk of investments goes to the commercial real estate market, mainly in the construction of office buildings and shopping centers. From January to August 2009, the number of applications for the construction, completion and repair of buildings suddenly rose by 15% compared to the same period in 2008. According to a study conducted by the Ministry of Economy and Finance, at the end of June under construction was 191 project. Most of the projects are realized residential building in San Francisco area, Bella Vista Park Lefebvre. On this Site primapanama.blogs.com
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