The developer company, of Ecuadorian origin, chose Costa Rica thanks to its good economic reputation in Central America and because it is home to important multinational companies worldwide, which generates greater market confidence.

With an investment of US $ 45 million and the direct and indirect contracting of 200 people, the Furoinani Obras y Proyectos (FOP) real estate group starts operations in Costa Rica with its new Iconnia housing project, which will have two construction phases and the first of them will begin in next December.

The Iconnia complex consists of two residential towers and will be located in Sabana Norte, cataloged as the area of ​​greatest purchase interest for vertical developments. The construction of Tower A will begin in December and is expected to end in 2019 to make way for the erection of Tower B. It is estimated an investment of more than US $ 22 million for each building.

According to Galo García, International Business Manager of FOP, “part of our competitive advantage is the experience we have in developing housing, commercial, industrial and public projects. Therefore, our main consolidated competences throughout the history of the company are summarized in design, planning, project development and commercialization, all executed by highly qualified personnel, both inside and outside of Ecuador “.

The election of Costa Rica as the first scale of expansion of the Ecuadorian group is due to factors such as its important and stable economic reputation in Central America, its legal security, high levels of education, strategic commercial allies, a market receptive to innovation, its abundant culture and tourist positioning.

Additionally, that Costa Rica is the regional headquarters of a large number of multinationals generated greater confidence in the internationalization plan of the brand.

“The decision to internationalize the brand comes with the clear vision of specifying an opportunity to diversify the portfolio and maximize profitability through projects that contribute to sustainability, to local architecture, projects that generate quality of life and that are part of the growth of the chosen destinations. Something fundamental to our expansion in Costa Rica is that we visualize a long-term strategy. Iconnia has a time horizon of between 4 to 5 years; however, we are already in the preparation and development phase of new real estate projects, “García said.

Urban lovers

La Torre A will have 147 apartments, with areas from 48.7m² to 55.7m² of private area in one-bedroom apartments and, from 76.57m² to 96.35m² in apartments with 2 private rooms.

The housing development is aimed at urban lovers, people over 30 years old, with moderate payment capacity and who like a relaxed social life between family, couple, friends, sports, etc. And it stands out for its comfort, sophistication and quality, without leaving aside the feeling of personal well-being.

The Tower A project will have a heated pool, sports circuit, equipped gym, solarium, areas for Yoga, Tai Chi and meditation, green area or lounge, games room for children and adults, pet park, modules for Coworking, room for together, coffee break, among others.

With more than 50 years in the market, Furoiani Obras y Proyectos has established itself as one of the leading real estate companies in Ecuador, thanks to its more than US $ 500 million invested in projects and the construction of more than three million square meters, making inroads in the housing segments (+5000), residential projects (128) and commercial projects (54) in all geographical areas of the country.