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Oceanfront Real Estate on Panama's Caribbean Coast
Ocean front real estate on the Caribbean coast of Panama is still available and still inexpensive compared to similar properties in the USA and elsewhere in the Caribbean. In addition, Panama tax laws and attractive residency requirements make Caribbean oceanfront real estate in Panama too attractive to ignore. Check out the magical islands of Bocas el Toro, the seclusion of the Pacific coast of Veraguas, or the white sandy beaches and sailing off the coast of Colon Province. The Caribbean coast of Panama has oceanfront real estate for you.
Great Oceanfront Real Estate Values on the Caribbean in Panama
An 80 acre oceanfront property on the Caribbean coast with sandy beaches lined with palm trees is offered for $6,000,000. This fully titled property is suitable for building a home in paradise in beautiful privacy. It is also suitable for development with a nearby marina and residential project.
A 47 acre oceanfront piece of real estate on the Caribbean coast near Portobello in Colon province is being offered for $2,850,000. From the hills on the property there is a gorgeous view of the Caribbean.
A beautiful five bedroom beachfront home in Colon on the Caribbean goes for $225,000. The home is 500 sq m. and the lot is 2000 sq m.
$70,000 will get you 600 sq m. of Caribbean real estate on the beach in Colon City.
Oceanfront Real Estate on the Caribbean in Panama
Panama has first world infrastructure and the beauty of the tropics. Caribbean oceanfront real estate has great weather and no hurricanes. You will not pay taxes on US income if you live in Panama. Caribbean oceanfront real estate is free of property taxes for up to 20 years on new construction. In addition, Panama's laws make residency here easy and reasonably inexpensive.
If you are looking for Caribbean oceanfront real estate in Panama you have the choice of the world famous islands of Bocas del Toro or the beauty and sandy beaches of Colon Province. There are Caribbean oceanfront properties in and around the city of Colon the on Caribbean end of the Panama Canal that are close to the Duty Free Zone. This is an easy place to live, retire to, or invest in. The economy is booming with many construction projects and the addition of a complete new set of locks to the Panama Canal. Expect you investment in Panama to continue to appreciate for years to come.
Retirement to Caribbean Oceanfront Real Estate in Panama
Panama makes retirement here easy and offers many benefits including discounts of prescriptions, health care, visits to the doctor, restaurants and your own "jubilado" (retired person) line at the bank. For as little as $500 a month plus $100 per dependent you can take out papers and stay in your Caribbean oceanfront property in Panama indefinitely. If you are not retired but purchase Caribbean oceanfront real estate in excess of $200,000 this qualifies you for a "person of means" visa and long term residency.
Buy Caribbean oceanfront real estate in Panama and enjoy paradise.
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