Luxury Caribbean Real Estate in Panama

Panama has excellent luxury real estate on its Caribbean islands and coastline. From Bocas del Toro down to Colon City there are excellent properties as well as exquisite parcels of untouched real estate suitable for building and living in luxury on the Caribbean in Panama. The Panama Caribbean is an excellent choice for luxury living. Panama does not tax US income of those who choose Panamanian residency. Purchase of property in excess of $200,000 qualifies one for a "person of means" visa renewable every five years. For those continuing to stay involved in a business life there are many business and investment opportunities in Panama.

Panama is in the midst of a sustained economic boom tied to investment in infrastructure, such as the Panama Canal expansion project and Panama's policy of subsidizing low income mortgages. Panama City has many high rise projects underway and Colon on the Caribbean Coast is next. Property values will continue to escalate for years to come making property an excellent ongoing investment. Investment in commercial property is especially good with the increasing wealth of the Panamanian population leading to increased spending on what for the average Panamanian used to be unobtainable or unaffordable items.

Values in Caribbean Luxury Real Estate in Panama, Bocas del Toro

Examples of Luxury Caribbean real estate in the Bocas del Toro Archipelago include a 50+ acre estate with 2000 feet of waterfront. This two story home is immaculately landscaped and the interior is newly redone with local hardwood products. The home has two bedrooms and two bathrooms and is going for $650,000.

Other beachfront Bocas del Toro luxury Panama Caribbean real estate finds are a four bedroom, three bathroom home going for $495,000 and a four bedroom, three bathroom home selling for $545,000.

All three of these luxury Panama Caribbean real estate items are well maintained and in excellent locations with world class views. In Bocas you will enjoy solitude on your luxury property and fun in Bocas Town only a short boat ride away.

Colon Province Luxury Caribbean Real Estate Opportunities

Farther down the Caribbean coast are fantastic opportunities for the prepared. The Colon Province coast is opening up. Large stretches of beachfront, previously accessible only by boat, are now connecting to Colon City as road improvements make their way along the coast from Colon. These tracts of land offer the opportunity to invest in property certain to appreciate with the continuing flood of Americans retiring to Panama and at the same time choose a prime location for building of a luxury home on your choice of real estate overlooking the Panama Caribbean.

A single example fits the pattern along the Colon Province coast. 80 acres of ocean front real estate on Panama's Caribbean coast is available for $6,000,000. Real estate surrounding the Caribbean Panama luxury in waiting gem includes an upscale hotel, a marina, a high end housing project, and several large estate purchases.