A. M. El Salvador’s economic sector is experiencing a significant boost with the recent unveiling of Amanelli, an ambitious housing project on the iconic Lake Coatepeque. This initiative, led by developer Urbania, represents an unprecedented investment of US$800 million, marking a milestone in the country’s private development.
The magnitude of this project goes beyond the construction of housing; it is projected to be an economic catalyst that will generate thousands of direct and indirect jobs. The $800 million investment is estimated to be equivalent to 20% of the projected investment in the Santa Ana district, underscoring its transformative impact on the western region.
Amanelli focuses not only on construction, but also on harmonious integration with the natural environment of Lake Coatepeque. The twelve-year planning has prioritized sustainability and environmental respect, combining cutting-edge design with the preservation of natural spaces.
This luxury development will include up to three-bedroom apartments, a high-tech artificial lagoon, beach club, sports courts, and extensive nature trails. Urbania’s vision aligns with the government’s strategy of economic dynamization, attracting collateral investments that will benefit various institutions.
“The typology of the project adapts to the area in every aspect, in terms of the environmental part and sustainability, as well as the care for design, management and public space”, said the Executive Director of the Oficina de Planificación del Área Metropolitana de San Salvador (OPAMSS), Luis Rodríguez.
The choice of El Salvador as the first destination for the regional expansion of Urbania, a leading Costa Rican real estate company, highlights the country’s growing attractiveness for foreign investment. This $800 million investment is a clear sign of El Salvador’s economic renaissance and its potential as a development hub.
