The no termites thing is a big deal. I would not build with wood in the jungles of Panama. At best some solid wood beams, hardwood, properly treated. For aesthetics.
Termites are a constant battle for my parents there in their concrete home. I can't imagine the carnage with a wood frame home.
It's fine. They still invade the home through any opening they can find, build nests in the ceiling, eat cardboard boxes, exposed wood and trim, and furniture. They don't eat concrete, thankfully.
I lost a piece of furniture there living in a condo, downtown in the city. The termites are industrious.
Termites are a constant battle for my parents there in their concrete home. I can't imagine the carnage with a wood frame home.