El Salvador is consolidated as a new attraction pole for real estate investment in Central America. This was stated by Michael Tarcica, CEO of Urbania, by announcing the start of operations of the Costa Rican firm in the country with its first international development: Amanelli, an ambitious project that represents an investment of more than 800 million dollars in the area of Lake Coatepeque.
“El Salvador is doing well. There is clarity, legal certainty, a receptive institutionality and a country vision that actively drives private investment. This combination is not common in the region. That is why we are here,” Tarcica said during the launch event, which was attended by government authorities, businessmen and clients.
Among the officials present highlighted Michelle Sol, Minister of Housing; Rodrigo Ayala, president of Invest in El Salvador; Paola Bardi, executive director of the DOT; Luis Rodríguez, Executive Director of Opaamss; Gerardo Henríquez, competence of competition; and Gustavo Acevedo, mayor of Santa Ana Centro.
A regional vision development
Urbania, recognized for its innovative approach in the real estate sector in Costa Rica, begins in El Salvador a new stage with a comprehensive proposal that combines sustainability, design and community well -being. “In Urbania we do not become obsessed with immediate profitability, but for delivering the best possible product. That has made us more profitable in the long term”explained his CEO.
Amanelli will be a mixed use project in one of the most emblematic natural areas in the country. It will include apartments, villas, a hotel, event center, offices, commercial spaces and public areas. Its concept is based on inclusion, integration with the community and a vision of long -term development.
According to the company, the reservation stage exceeded expectations: in just 10 days the projected objective for six months was achieved.
Positive impact for the community
One of Amanelli’s most outstanding elements is his approach to “Good neighbor”. The project includes infrastructure works that will benefit the population of the area, as well as accessible spaces for local residents such as restaurants, gyms, trails and a Lifestyle Center.
Likewise, a crystalline water lagoon will be built with an investment of more than $ 10 million, the first in its kind in El Salvador. This will serve as a recreational center, artificial beach and tourist attraction. The architectural design of the complex is inspired by the Santa Ana volcano and incorporates a biophilic approach that integrates vegetation into its facades and common spaces.
“We do not design to look good in a model. We design to work, and then make sure it looks incredible”Tarcica said when referring to the design team, made up of Salvadoran and international firms.
Institutional support and shared vision
During the event, Rodrigo Ayala, head of Invest in El Salvadorhe praised Urbania’s vision and stressed that “For economic development to reach a country, three key factors are needed: government commitment, an emerging demand and a clear vision like the one we see today with Amanelli”.
For his part, Luis Rodríguez, of Opaamss, explained that although the project is not within the Metropolitan Area of San Salvador, they provided support in the prefeasibility analysis as part of the vision promoted by President Nayib Bukele to facilitate investment throughout the country, regardless of its location.
“We believe in this country, in its people and in the potential it has to become a regional reference. Amanelli is only the beginning”Tarcica concluded.
With this bet, Urbania not only positions El Salvador as a new real estate investment destination, but also raises a development model that generates economic, social and human value.
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