Phone +503 2246 3072 | ||
 | ||
Profiles | ||
Edificio avante local 5 07 venta 725 000 00
Edificio Avante is a 64 m (210 ft) tall skyscraper currently under construction in the Santa Elena area of San Salvador, El Salvador. Construction started in early 2009 and was due to finish in mid-2010.
Contents
The US$30 million building will have a total area of 44,000 m2 (470,000 sq ft) and will have space for shops on the ground floor, offices on the nine floors above and six levels of underground parking – the deepest parking in El Salvador.
The building is financed by a Guatemalan investor, using a financing scheme called "tenant in hand", because they sell the space to investors, then Quality Real Estate is responsible for seeking a tenant for that space, so the constructors of Avante made sure all of their investors a safe return. Salvadorans who have been investors in Guatemala already know the model of Avante.
This building will help the economic growth of the country; due to the low quantity of office buildings in the country the building will help the economic boom of the city.