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Affordable Panama Real Estate
- with Services to Help You Buy It
Affordable Panama real estate has become an extremely valuable commodity in the past few years. Why?
While Panama property values in places like Costa Rica have risen due to heavy speculative investing,
Panama property values have remained very reasonable in most areas. An investment in Caribbean, Pacific
or mountain Panama real estate (Yes, we have them all.) has proven to be very wise, whether for profit or a residence.
Condos, homes, farms and raw land are available in every province, giving you a wide variety of possible locations.
Panama real estate is a great for everyone - retirees, investors, and those who want real estate in a tropical climate.
In short, Panama real estate is for you.
Why is Panama Real Estate Valuable?
When you buy Panama real estate, you benefit from prices up to 50% lower than in the U.S., Canada or Europe.
Panama property has shown steady appreciation for the past 15 years. Foreigners not only have the ability, but they have the
constitutional right to buy Panama real estate. Because of these and other reasons, Panama real estate has become some of the
most desired property, not only in Latin America, but in the entire world.
As a result, thousands of Panama property seekers are touring this country daily.
How do you Buy your Panama Real Estate?
So, how do you get the best panama property deal for you before it's too late? Simple, use the ABPanama team.
We are foreign owned and, put simply, we understand. We can make your Panama real estate adventure easier for you.
Let us help you get started now. Welcome to Panama!
Many investors, families and retirees have turned to searching for Caribbean investments in Central America.
For many, they first searched Mexico, then El Salvador and Costa Rica, trying to find a combination of cost of living and
quality of life. In order to find the perfect mixture of these two qualities, many people have gone a little farther to the
south and discovered real estate in Panama. With Panama property, they have found that perfect blend that they were seeking.
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Welcome to a land of great living traditions, a land of history, a land of wonderous natural wealth. This land is Panama.
Panama is bordered to the west by Costa Rica and to the east by Colombia, and is on two oceans - the Atlantic and Pacific.
Panama is located between south America and central America and it is a bridge connecting two continents.
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Panama is becoming an ever so desirable place for North Americans to reside, whether young or old.
Many people who are captivated by the beauty of Panama are investing in the land and the tropical lifestyle.
A great way to look for property in Panama is by taking a real estate tour. A real estate tour is a very popular
way to explore the possibilities of your future investment in paradise.
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Why pay thousands of dollars to some of the "other" companies who offer Panama real estate tours and Panama real estate seminars?
We will be offering these for FREE. If you are planning on visiting Panama and want a real estate tour, contact us and we will
be happy to provide you with a tour to suit your needs.
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ABPanama is your best choice for a real estate agency for Caribbean property. We work throughout the
country. We can help you find the best property for you whether it is an island in Bocas del Toro or a
condo near Colon. Panama has great real estate opportunities and ABPanama will help you find them
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Buy real estate in Panama for retirement and investment. Buy here because the country is
growing and your property value will grow with Panama. Panama has many wonderful places
to live from the interior highlands to either coast.
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Real estate in the Panama Caribbean is priced lower than the US and likely to
grow in value. Besides providing great places to live real estate in the Caribbean in Panama
is an investment opportunity.
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Panama City real estate offers housing in an exciting city and the opportunity to
invest in a growing market. Panama City has many great real estate investment opportunities.
Come and live in this beautiful country and enjoy your real estate in Panama City.
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Despite price increases the last years property for sale in the Caribbean in
Panama still beats the US for comparable property. From island getaways in Bocas
del Toro to great real estate deals around Colon come to Panama for the best
Caribbean property for sale anywhere.
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Second home buyers, retirees, and investors are buying real estate for sale in
Panama. The prices are better than the USA and the economy here is growing. Expect
your real estate investment here to grow while property slips into recession in the USA.
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Panama has some of the best real estate in the Caribbean and at the best prices.
Panama has great weather and no hurricanes. Panama has healthy economy and a democratic government.
Panama real estate for sale in the Caribbean is a bargain. Come, look, buy.
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Panama real estate for sale has some of the best values available. Panama real
estate prices compare favorably to the US, Europe, and the non Panama Caribbean.
Panama is a great place to live. The country is democratic and prosperous. Expect
your real estate investment to grow for years to come.
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The Republic of Panama is alive and prospering. Real estate is booming and people are
about the business of better lives. After too many years of Latin American troubles Panama
along with the rest of Latin American is relatively tranquil and in Panama prosperity is
the order of the day.
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Panama is often said to be Costa Rica at half the cost. Now Panama has passed Costa
Rica and every other Latin American country as a retirement and second home destination. Prices
are good and there is plenty of property to choose from. Come look at property in Panama.
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There are still great deals in Panama real estate for sale. ABPanama will help keep you
abreast of the real estate market and help you find the property you want and need.
Expect you real estate purchase in Panama to grow in value for years to come.
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ABPanama is your right choice for a Panama real estate agent. ABPanama is competent, respected
and on your side. Ask ABPanama to show you real estate in Panama and lead you to the home
or investment of your dreams.
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Panama real estate has taken off in the last few years. About ten years ago American retirees began to "find" Panama real estate. The United States built and ran the Panama Canal from 1914 to 1997 so Americans are no strangers to Panama. More
Business is booming in Panama, the Central American country that is the location of the Panama Canal. Panama is a crossroads country with world trade passing through the Panama Canal and Latin American trade passing up and down the Pan American Highway. As Panama's economy expands so do real estate investment opportunities in this tropical paradise. More
The tropical country of Panama offers opportunity for investment in real estate. Panama is in the midst of an economic boom. Panama commercial real estate investment has been paying off for several years and promises to do so for many years to come. With the highest per capita investment from the USA of any Latin American country Panama is improving its already first world infrastructure. More
Panama is a democratic country with political stability and a thriving economy. The days of political turmoil, instability, and civil war in Central America are long gone. Manuel Noriega is serving his second prison sentence, in France this time. Panama does not want him back, ever. Things are too good here to even think of a return to a strong man dictatorship. The political discourse in Panama is active, labor strikes abound and everyone has money to spend. More
Investment in Panama is not limited to buying a house or real estate developments. Besides having a thriving tourist industry Panama is a major shipping point for the world. The infrastructure necessary for the Panama Canal includes a mature banking system, state of the art communications, and facilities for loading, off loading, storing, and tracking cargo containers. More
There is talk of a real estate housing bubble in Panama. Prices have steadily climbed for ten years as North Americans and other have made Panama a second home or taken advantage of Panama's easy residency requirements and retired in this tropical paradise. There is more to Panama than pretty scenery and white sandy beaches. Panama is growing and prospering as a trade and transportation center for the world. Panama is pursuing free trade agreements and plowing investment into its infrastructure. This promises to keep Panama's economic boom and investment opportunities going for years to come. More
Forty percent of Latin American container shipping passes through the Panama Canal. Panama expects a ten percent increase in container shipping volume in 2009 versus 2008. Panama is expanding its port facilities and China Ocean Shipping, owned by China, would like to build a new port on the Pacific entrance to the Panama Canal. Looking at Panama's continuing growth and development we believe that commercial real estate investment holds great promise in Panama for years to come. More
Panama has what is referred to as a "mixed-western" economy. This means its economy is mainly based on the services industry, namely banking, commerce, and tourism. Come to visit Panama and you will see that the construction industry is busy and has been ever since the turnover of the Panama Canal from the USA to Panama ignited a boom in the Panama economy. Investment in Panama is prospering and real estate purchases are expected to appreciate for years to come. More
There is a real estate crisis in vacation homes in Costa Rica. Will it spread to Panama. For those who want to see property in Costa Rica this is a problem. For buyers it is an opportunity. Will the same opportunity spread to Panama? Would a Panama real estate bubble be the best thing that ever happened for you? More
With the long US presence in Panama there is a substantial portion of the Panamanian population who speak English. In face, by law English is Panama's second language. The number of outsourced call centers in Panama testifies to the number of educated Panamanians whose English passes the test of conversation. Despite the large number of call centers in Panama there is a continuing need and opportunity for investing in call centers in Panama. If you don't want to run the call center you can buy the Panama real estate and rent to the expatriate entrepreneur who does. More
Remilitarization is a hot topic in some circles in Panama. Since the United Stated invaded and captured Manuel Noriega in 1989 Panama's new government reduced its military. The argument is being made that Panama needs to reconstitute its military to be able to defend the Panama Canal and to deal with drug related terrorism. For the potential investor in Panama real estate how will this scenario play out and who will benefit? More
Panama has a history of military interference in politics including military coups. Panama was ruled by two military strong men from 1969 to 1989. In 1990 one year after the ouster of Manuel Noriega Panama abolished its military. What follows is a brief history of Panama's military. More
Bank Financing of Panama Real Estate Projects is available to local and foreign investors. However, with the degree of property speculation of late in Panama the banks usually finance in stages to avoid being stung by investors selling out at mid project. More
The Panama economy is strong, prosperity is spreading throughout Panama society and investment in commercial real estate is reaping benefits. Since the United States handed over the Panama Canal in 1999 Panama has been developing the old Canal Zone. New ports and material handling facilities are being built and on the drawing boards. As the perception of Panama as a colony of the United States dissipates commercial real estate investment flourishes. More
In 2007 Panama benefited from roughly 1.7 billion dollars in direct foreign investment. This was about 9 percent of Panama's gross national product. Compared to Venezuela which is busy nationalizing private assets Panama attracts foreign investment. In fact, Panama is also attracting expatriate talent from elsewhere in Latin America as well as North America. Panama attracts business and Panama is prospering. More
For those looking for economic indicators to guide their investment in Panama real estate we suggest looking at car sales in Panama. According to La Prensa, September 12, 2008, over three thousand cars we sold in Panama in August. Panama lenders issued about 9,000 car loans in the first half of 2008. Cars sales have leveled off as expected after growing nearly thirty percent in 2007. More
The papers report an increase in crime in Panama. Despite the reports statistics show that only Costa Rica has a lower homicide rate than Panama. Is Panama becoming a dangerous place to visit or to live? Is Panama becoming a dangerous place for investment? More
Panama real estate has had a good ten year run based upon foreigners purchasing for second homes and retirement living. Now there is talk of a housing bubble in Panama. The seemingly overlooked aspect of real estate investment in Panama has to do with Panama's economy, trade, and high rate of foreign commercial real estate investment. The current negotiations for a free trade agreement with Canada are a case in point. More
An economic survey carried out by the World Economic Forum places Panama number 32 of 52 developed countries surveyed. In Latin America only Chile ranked higher. It is expected that Panama will weather the current global financial crisis based upon Panama's stable financial system and strong regulatory policies. Panama's high ranking in the economic survey give reassurance of Panama's economic strength which is encouraging for Panama real estate investment. More
British Airways may soon begin direct flights from London to Panama. Currently British Citizens need to pass through Spain to get to Panama. The easier access by British Airways could increase British tourism in Panama and then replicate the North American experience with tourists turning into second home owners and resident retirees. Panama real estate investment looks like an ongoing good idea as a new flood of home buyers and investors appears on the horizon. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. These measures of effective governance are considered strong indicators of a nation's potential for economic growth and prosperity. Panama has placed well in this survey, near the top of Latin American nations. This evidence of good governance is a strong predictor of success in investment in Panama business and the Panama real estate market. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. Among the indicators of good governance measured, Voice and Accountability are considered not only indicators of fair governance but strong indicators of a nation's potential for economic growth and prosperity. Panama places forth in Latin America in Voice and Accountability in governance. This evidence of Voice and Accountability in governance is a strong predictor of success in investment in Panama business and the Panama real estate market. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. Among the indicators of good governance measured, political stability is considered not only an indicator of good governance but also a strong indicator of a nation's potential for economic growth and prosperity. Panama places forth in Latin America in political stability. This political stability is a strong predictor of success in investment in Panama business and the Panama real estate market. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. Among the indicators of good governance measured, government effectiveness is considered not only an indicator of good governance but also a strong indicator of a nation's potential for economic growth and prosperity. Panama places forth in Latin America in government effectiveness. Government effectiveness is a strong predictor of success in investment in Panama business and the Panama real estate market. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. Among the indicators of good governance measured, regulatory quality is considered not only an indicator of good governance but also a strong indicator of a nation's potential for economic growth and prosperity. Panama places forth in Latin America in regulatory quality. Regulatory quality is a strong predictor of success in investment in Panama business and the Panama real estate market. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. Among the indicators of good governance measured, rule of law is considered not only an indicator of good governance but also a strong indicator of a nation's potential for economic growth and prosperity. Panama places forth in Latin America in rule of law. Rule of law is a strong predictor of success in investment in Panama business and the Panama real estate market. More
For every year since 1996 the World Bank has published a list of Worldwide Governance Indicators. Among the indicators of good governance measured, control of corruption is considered not only an indicator of good governance but also a strong indicator of a nation's potential for economic growth and prosperity. The only category in which Panama does not place forth in Latin America is in the control of corruption. Improved control of corruption will be a strong predictor of improved success in investment in Panama business and the Panama real estate market. More
A note regarding cost of living in Panama: The October 7, 2008 Wall Street Journal on line notes that US home owners can expect to pay more for their heating bill this coming winter. I am looking for my Panama heating bill for comparison. Oh, that's right I do not have to pay to heat my home in Panama! More
An August 12, 2008 posting in the on line journal, New Scientist, tells us that brightly colored bugs tend to be found on medicinal plants. This finding could well help researchers looking for antibiotics, cancer cures, or other pharmaceuticals. The article notes that such research requires intact ecosystems which are found in Panama. Eco tourism is popular in Panama because of Panama's untouched natural beauty. Panama residents have the unique opportunity to invest in real estate in natural settings and still be close to and invest in first world services. More
The news is full of the current global financial crisis. It seems as though everyone is wondering about real estate in the USA and how low prices will go. Panama, on the other hand, has had a great run in real estate appreciation and will likely continue to show growth based upon the strength of Panama's and Latin America's economies. For North Americans thinking of owning real estate in Panama this may be the best time to relatively cheap Panama real estate. The high end of the market has cooled off and Panama is still a wonderful place to live. More
The current pause in Panama real estate appreciation as brought a number of houses, apartments, and even whole projects up for sale at reduced prices. A subdivision near Boquete in Chiriqui Province, Panama is up for sale for $4,000,000. The property is 108 acres and has been approved for the first 24 one acre lots. The developer, who wants to sell, states that the property will eventually be worth $10 to $12 Million USD. More
Would you like to wake up to views of the Pacific Ocean and the Bay of Panama? How about a stroll along the ocean at sunset and dinner at a fine restaurant? Take a look at real estate on Amador Causeway. Once home to defense works for the Panama Canal this set of three connected islands combines an attractive location and close proximity to Panama City. More
Looking for Caribbean property? Take a look at Bocas del Toro property for sale in Panama. We have a tropical climate but no hurricanes. The Caribbean coast of Panama has unspoiled natural beauty in a country with a first world infrastructure. More
Come and look at Boquete, Panama real estate. Boquete is a city located in the highlands of Western Panama, in Chiriqui Province, near the border with Costa Rica. Because of its altitude (about 1,000 m above sea level) its climate is cooler than the lowlands in Panama. More
Foreigners are buying property in Panama every day. The only kind of property a foreigner should buy is titled property. Titled property allows you to get a mortgage. Untitled, right of possession, or right to use property is common in the interior of Panama and is very treacherous ground for the unwary. Title insurance is available and a must, especially when buying property in Panama, or in any foreign country. More
Panama has had a ten year run up in real estate prices driven by foreign second home owners and retirees and Panama's charging economy. There is talk of a real estate bubble. So, is there still cheap Panama real estate? If you know where to look the answer is yes. More
Looking for a great real estate buy in Panama outside of the capital city? Looking for an upland paradise with a little less humidity and heat but still in the tropics? Come to look at Chiriqui Province, Panama real estate. More
Colon City real estate in Panama is going to go up in price for years to come. Colon is the city on the Caribbean end of the Panama Canal. It is the site of the second largest duty free zone in the world next to Hong Kong. Colon is only 50 miles from Panama City where construction is booming and property values escalating. As Panama improves its infrastructure the interoceanic highway connecting Panama City to Colon will reduce travel time to less than an hour. Colon City real estate on Panama's Caribbean coast as well as the entire province of Colon is expected to benefit. More
A recent article in La Prensa, Panama reviews the results of a recent economic survey of Central American business in light of global credit concerns. In general Central America is in better condition to deal with the global financial crisis than during the last business downturn in 2001. Growth rates are expected to decline throughout the region and currency values will decrease versus the dollar. Panama is considered an anomaly in this study, probably because of its dollar based economy but also because of its strong banking system. More
Panama is the country that bridges North and South America. Between the Caribbean and Pacific its climate is tropical. This is a place where you cast little or no shadow at midday. How is it that real estate in Volcan, Chiriqui, Panama has temperatures of 50 degrees Fahrenheit in the evening? The highest Point in Panama is the extinct volcano, Volcan Barú. As part of the central mountain range that runs through Panama the summit of Volcan Barú is over 11,000 feet above sea level. The village of Volcan, Chiriqui, Panama in the province of Chiriqui sits on real estate at the base of Volcan Barú. More
American retirees discovered Panama real estate ten years ago with its great variety of choices from mountain hideawys to coastal retreats to penthouses overlooking the Pacific Ocean in Panama City. Panama links North and South America and is roughly the size of North Carolina. It combines jungle with mountains, scuba diving with walks along the beach, shopping modern malls with eating in fine restaurants. More
Where can you find upscale tropical Pacific coast property within easy driving distance from a major first world city? Where can you find this kind of property for substantially less than in the USA, Europe, or the Caribbean? Try Coronado, Panama less than an hour from Panama City, Panama. More
Is there a Panama real estate bubble? If so what will the effects be? Costa Rica is experiencing a real estate price contraction tied to Americans pulling their money out of Central American real estate. Will the same need to bring money back home to pay the mortgage cause a Panama real estate bubble to burst? More
Panama has been subsidizing fuel costs in an effort to blunt the effects of inflation. With retail costs rising 24 percent over twelve months the Torrijos administration expects to spend upwards to $40 Million USD for subsidies on electricity and gasoline. Reuters, June, 2008, notes that Panama, like other countries dependent upon imports, has been hit hard by the increasing costs of oil and food seen worldwide. An additional problem for the consumer in Panama is the boom in real estate prices and rental costs. More
Canada's new ambassador to Panama announced that starting in January 2009 Panamanians and Canadians will be able to fly directly between Tocumen International Airport and Toronto, Canada. Panama's efforts to expand its trade relationships with countries such as Canada are bearing fruit. The next round of free trade negotiations between Canada and Panama are scheduled to take place in Panama in December 2008. More
David, a city located in western Panama, is the third largest city in Panama and capital of Chiriqui Province. Located on the David River, David is a trade center along the Inter-American Highway. Located 45 minutes from the border of Costa Rica, David has a population of 124,500. More
On September 24, 2008 Moody's gave the Panama Canal Authority an A2 credit rating. This credit rating classifies the Panama Canal Authority as 'a financial entity in the 'upper-medium grade and subject to low credit risk.'More
Come to Panama to find island property in a stable country with a democratically elected government and the best roads, airports, and port facilities in Latin America. Find a slice of paradise along the Caribbean or Pacific coast of this nation bridging North and South America, home to the Panama Canal linking Atlantic to Pacific.More
Come to Panama for some of the best beach front property in the world. From Chiriqui to Panama City on the Pacific and from Bocas del Toro to Colon on the Caribbean, Panama has wonderful scenery, great fishing, surfing, and scuba diving. It is a flight away from any major US city to this country joining North and South America. From remote island hideaways in Bocas del Toro to vistas of the Pacific from condos in exciting Panama City. Panama has beach front property for any taste.More
Come to Panama to find island property in a stable country with a democratically elected government and the best roads, airports, and port facilities in Latin America. Find a slice of paradise along the Caribbean or Pacific coast of this nation bridging North and South America, home to the Panama Canal linking Atlantic to Pacific. More
Panama's employment numbers are good. Considering the mess most of the world is in Panama's 5.6 percent increase in employment through August of 2008 is spectacular. While the world sinks into recession Panama is still creating jobs. Panama's construction sector creates jobs as do the government infrastructure projects such as road and port improvements. More jobs have helped reduce poverty in Panama. The ease and cost of doing business in Panama along with Panama's ideal location for doing business has attracted multinational corporations to Panama creating even more jobs. More
In the midst of world wide economic turmoil Panama's economy is growing. As North America, Europe, and Asia have slid into recession, lost jobs, and are bailing out financial institutions Panama's economy has grown 9.2 percent through September of 2008. Real estate investment in Panama will be a great place to put your money while market values sink further across the industrialized world. More
Panama's banking district, the bancaria, is in the Obarrio neighborhood of Panama City. With a concentration of banks similar to Zurich Obarrio is the center of business in Panama. As the world sinks into a recession business in Panama is still strong. For those interested in doing business in Panama look to ABPanama for commercial real estate opportunities. We have over 23 years experience managing real estate portfolios and do business throughout Panama. More
Panama is currently dealing with a natural disaster of historic proportions. A cold front has stalled off the Caribbean Coast of Panama and Costa Rica. There has been extensive flooding of the coastlines of both countries. There is no damage reported in the Bocas del Toro Archipelago, however, we can expect there to be continuing bad press and a reticence to buy after the flood. From a real estate investment point of view, when the flood waters dry up and transportation is available would be a good time to look at real estate investment options out on the Bocas del Toro Archipelago or beachfront real estate on the mainland. More
The San Francisco neighborhood in Panama City, Panama borders on Obarrio, Panama's banking district. San Francisco has shaded streets with stately homes as well as high rises with views of the Pacific Ocean and Panama's mountainous interior. San Francisco has an urban park about two thirds the size of New York's Central Park. For those who would like to live in an established well to do neighborhood in Panama, San Francisco is hard to beat. More
GDF Suez plans to start construction of a hydro electric project on the Chirqui River in Panama with a capacity of 280 Megawatts. The project is meant to reduce the fluctuation in energy prices due to high petroleum costs. GDF Suez has already signed contracts for 100 Megawatts with power companies. GDF Suez already has a 51% stake in a thermoelectric plant at Bahia Las Minas built by Cicsa, Panamá, S.A. which is partly owned by Carlos Slim a wealthy Mexican investor. More
The long awaited drop in electricity bills in Panama will start January 1, 2009. The Public Service Authority is expected to announce this fact on December 18, 2008. The government has already announced that the electricity surcharge will be eliminated which will reduce electric bills 20 to 25%. Households using less than 500 kilowatts monthly have been receiving a subsidy. Those households will not see an extra reduction in their bill but businesses using more than 500 kilowatts a month will see a further reduction in their electric costs. More
Panama is seeing another bite taken out of inflation. Panama's president, Martin Torrijos announced the elimination of Panama's surcharge for fuel cost on electric bills. With continuing reduction of the price of oil Panama is eliminating to its fuel surcharge and expects to see a 20 to 25% reduction in electric bills starting in January of 2009. Panama may be seeing the inflation clock turned back to where foreigners moved here to take advantage of a low cost of living in the tropics. More
Another burden has been added on top of the global credit crisis for the people of Colombia, Panama's neighbor to the South. A gigantic pyramid scheme defrauded up to 500,000 people in Panama's next door neighbor. According to Colombia television returns of up to 200 percent were promised to "investors." The mastermind of the pyramid scheme fled to Panama where he was arrested and awaits extradition. More
Inflation is ready for deflation in Panama, but not for a few months. Lower oil costs have resulted in lower gasoline prices and will shortly result in lower electricity costs in Panama. However, retail prices including food will take a few months to come down. Food as well as retail items now for sale were produced during high fuel costs. Experts expect it to take five months to see prices at stores in Panama come down. More
Organic farming is catching on in Panama. Or maybe folks are just relearning how others farmed before commercial fertilizers and pesticides. A Miami Herald article, October 27, 2008, describes on farmer's journey back to organic farming in Panama's central highlands. As with many who have gone "back" to organic farming saving money on fertilizers and pesticides is an impetus. In the end the reduced need for tractors and diesel fuel, improved health of farm workers, and pesticide free crops are a bonus. More
In the last ten years a steady stream of foreigners has come to live in Panama. This democratic country of four million on the narrowest part of the Americas is the site of the Panama Canal. Panama is also the site of beautiful beaches on both the Caribbean and Pacific. Panama has a first world economy and up to date services. Panama has virgin rain forests a few miles from upscale malls and pristine beaches a few hours from North American cities. More
Perhaps the trendiest Panama City neighborhood is el Cangrejo (the crab). This downtown barrio is just off Via España. In el Cangrejo you are walking distance from banks, beauty parlors, book stores, car rentals, casinos, clothing stores, dentists, grocery stores, hotels, internet access, massage parlors, movie rental stores, movie theaters, office supply stores, realtors, lots of wonderful restaurants, and the University of Panama. If you would like to live in a cosmopolitan area in Panama pick el Cangrejo where well to do Panamanians rub shoulders with North Americans, Europeans, Asians, and other Latinos. More
Marbella is a Panama City, Panama neighborhood near Panama City's bancaria or banking district. This is a safe area close to Panama's excellent Punta Pacific hospital, large parks, a number of movie theaters and shopping malls. Marabella has great restaurants and is close to a number for upscale supermarkets. This is comfortable area with many amenities within walking distance of your house of apartment. More
Commercial real estate in Panama is a good investment. Panama's economy is not going into a recession. Panama is creating jobs. Panama commercial real estate is linked to the strength of Panama's small business community. One of the many neighborhoods in Panama City with excellent commercial real estate investment opportunities is Bella Vista. More
Costa del Este is on East side of Panama City, Panama. Costa del Este is a new part of the city with a lot of new construction as well as high rises in the planning stages. The area has shopping centers as well as office complexes and an industrial park. Costa del Este has easy access to main highways and, especially, Tocumen International Airport by the toll road. More
Come to The Republic of Panama to find island property in a stable country with a democratically elected government and the best roads, airports, and port facilities in Latin America. Find a slice of paradise along the Caribbean or Pacific coast of this nation bridging North and South America, home to the Panama Canal linking Atlantic to Pacific. More
Commercial real estate investments are doing well in Panama. Despite the financial troubles throughout the world Panama's conservative banks are not asking for bailouts and no one is laying off on the many construction projects going up in Panama City. The basis for Panama commercial real estate is much broader than tourism and foreign home buyers. Five percent of world trade passes through Panama and that percentage is likely to go up with completion of the Panama Canal Expansion. More
La Alameda, Panama is a quiet upscale mixed residential and commercial neighborhood off the main road of Tumba Muerto. Next door to the mixed residential and commercial area of el Dorado La Alameda, Panama is close to downtown entertainment as well as the shopping and commercial areas of both neighborhoods. More
La Cresta, Panama is well to do residential neighborhood on a hill near downtown Panama City, Panama and next door to the University of Panama. Housing in La Cresta ranges from older, nice houses to apartments in new high rises with lots of room and all the amenities. More
The Panama Pacific coast has activities and property for everyone. Look at property on the Panama Pacific coast for world class sport fishing, some of the best surfing on the entire Pacific coast of the Americas, and if you want to scuba dive among an incredible variety of marine life come to Coiba National Park on the Panama Pacific coast. Panama City is a first world city in the tropics on the Panama Pacific coast. Pacific property in Panama is still low priced compared the USA and Caribbean. More
Insurers are forecasting a 30% growth in insurance premiums in Panama by the end of 2008. This will include both personal and business insurance. Growth of the insurance industry in Panama as measured by premiums grew 22% in 2007. According to government figures in 2007 $607 million USD was paid in insurance premiums in Panama. The fact that Panama made car insurance mandatory has helped raise total premiums in 2008. More
A recent on line article in the South Bend, Indiana Tribune reminisces about layaway plans. The author writes about cost saving measures during economic hard times and how her parents always bought the kids' clothes on layaway. She notes that K-Mart has a layaway program and that layaway programs might be making a comeback in the USA. Layaway plans never left Panama. More
Punta Pacifica or Pacific Point in Panama is a slice of heaven on a point of land overlooking the Pacific Ocean. Punta Pacifica high rises have views of the ocean, Panama City, and Panama's mountainous interior. The neighborhood is home to the Punta Pacifica mall with first run US movies, great restaurants, and shopping to die for. Punta Pacifica Hospital which is affiliated with John's Hopkins International, offers state of the art health care by physicians trained and certified in the USA and Canada. More
Commercial real estate investment is alive and well in Panama. Commercial real estate investment is especially alive and well in well to do areas such as Punta Paitilla in Panama City. Despite the world's financial problems Panama's economy is not in a recession and business is booming. Commercial real estate investment in Panama will lock you into Panama's continuing economic growth. Panama's small business community is growing and needs retail space, offices, and warehouses. Invest in commercial real estate and enjoy your lease payments in Punta Paitilla, Panama. More
Punta Paitilla, or Paitilla Point, is a peninsula in Panama City, Panama. Punta Paitilla looks out onto the Pacific and back along the Bay of Panama toward the historic district of San Felipe. With views of the Cinta Costera project and Panama's bancaria in Obarrio, Punta Paitilla offers luxury living and close proximity to Panama's main business district. More
Panama's Darien is the province on its Eastern border with Columbia. The Darien is largely untouched tropical rain forest with scattered population centers. The Darien is popular for ecotourism and is the home of a large national park. A recent concern in the Darien is the alleged presence of rebels from Colombia fleeing a losing fight with Colombia's Special Forces. More
Real estate in Panama continues to be a good investment. While the rest of the world is in a recession Panama's economy has slowed but is still producing growth and jobs. Currently the high end of the housing market is in a pause due to temporarily decreased North American housing demand. This fact has provided an opportunity for some great deals in high end Panama housing. Panama's free trade agreement with the USA seems to be back on track along with a free trade pact under negotiation with Canada. Panama's continued success in foreign trade keeps Panama's commercial real estate market strong. More
The word is out. There are great deals in Panama real estate! Not only are individuals looking for great bargains in real estate in Panama but real estate investment funds are targeting Panama too. The recent real estate booms in Panama and elsewhere not only attracted retirees and expatriates looking for great real estate at great prices. The recent real estate booms attracted speculators too. Now, with the current pause in the high end of the Panama real estate market, speculators are getting out, often at a loss. Wise investors are looking for property in Panama now, before prices start on their way up again. More
An overhaul of Panama's antiquated 'Diablo rojo' bus system has been put off again. Panama's supreme court ruled to temporarily suspend the Transmovil project which was to have replaced the private bus system with a comprehensive citywide system with modern buses. For the time being the old US school buses with the colorful paint will continue to carry passengers and pollute the air and offend the ears. More
It appears as through port workers are being laid off in Colon. With a reduction in world trade and especially trade between China and the USA there appears to be less cargo passing through Colon's ports. The reports of layoffs are from the port workers' union. Officials at Colon report reduced volume but have not cited figures. More
The Panama Canal Expansion is progressing despite economic hard times abroad. In fact there are expansion and renovation projects all over the Americas in preparation for the completion of the Panama Canal Expansion project in 2014. In the background there excellent opportunities in Panama real estate. More
After three years of progressively higher food prices Panamanians are getting a break. The government index of food costs, the 'Canasta Basica' did not change between February and March of 2007. More
A combination of tourism and business traffic in and out of Tocumen International Airport rose nearly twenty percent in 2008. According to airport figures a third of passengers used Tocumen as a hub, thus passing through whereas two thirds stayed in Panama. More
Panama's Department of Municipal Works and Construction halted construction on a real estate development in San Felipe. The barrio is a United Nations World Heritage Site and has strict rules for development that were apparently ignored. More
Like a recurring echo out of the past the travails of Manuel Noriega keep showing up in the news. Mr. Noriega just lost an appeal to avoid extradition to France for money laundering charges. Panama is a different world without Noriega. Panama real estate investment has been strong and Panama's economy has grown steadily. More
One of the growing pains associated with Panama's growing economy, thriving business environment, and growth in real estate investment is that Panama needs to update its bus system. Panama uses old, OLD, US school buses for public transportation. These have been repainted from their original yellow and are locally known as red devils, 'diablos rojos.' More
The Melejon gold mine in Panama is producing gold. The mine is expected to produce 100,000 ounces of gold in its first year of operation. From a real estate perspective we are not promoting gold mining but rather making sure that you do not build a home down stream from a mining operation. More
Panama real estate, commercial real estate, and business are weathering the world financial storm. Recent published figures indicate that while only a small percentage of businesses are borrowing that only a tiny percent are selling assets to make do. Revised figures peg Panama's GDP growth at closer to 4 percent than 6 percent this year. More
Investment in real estate in Panama will benefit from Panama's strong economic growth. Both the World Bank and the United Nation's Economic Commission for Latin America and the Caribbean predict that Panama will not only weather the current economic crisis better than almost all other Latin American nations but that its economy will grow in 2009. More
The banana industry is in trouble in Panama. Crop damage from storms followed by dry weather this summer (December to April) have threatened banana crops in Panama's Chriquí Province. Banana production on Panama real estate has been in trouble ever since the fusarium fungus, "Panama Disease" started killing the most popular banana variety, Gros Michel. More
The Panama City to Colon highway or Interoceanic Highway is slated for completion soon. President Torrijos said April 15 which was the official goal but the minister of public works says June. In either case the drive between Panama City and Colon is about to become a commute. More
The largest business in Panama is the Panama Canal. The Panama Canal Authority (ACP) employs workers to run the canal and by its presence the canal provides jobs for many more in support services such as container shipping. The Panama Canal Authority also pays the national treasury of Panama one dollar for every ton of cargo that passes through the Panama Canal. Since 2008 ACP has paid $4 Billion in direct payments to Panama's national treasury. The state of the Panama Canal helps project the state of Panama real estate. More
Panama imports all of its oil. We are getting a breather right now with cheap oil but it will not last. Panama has $2.2 Billion with of hydroelectric projects in construction or on the drawing boards. Now we hear that projects in the works are having trouble getting local funding. To the extent that banks have the money and are being cautious that is shortsighted. More
The Panama real estate market has cooled off and settled into what would be a normal mode elsewhere while the worldwide recession slowly rights itself. Panama City has been a real estate boomtown for nearly ten years since the US left the Panama Canal to Panama. When will the boom re-ignite? More
Panama's energy authority has just presented a national plan for investment in the energy sector for the next fifteen years. According the Secretaría Nacional de Energía's plan Panama will invest $2.33 Billion over that time to stay ahead of increasing energy needs. Panama's economy is growing with foreign investment and the growth of the Panama real estate sector is placing higher demands on Panama's electric grid. More
Car sales are down substantially in Panama. It looks like folks are being careful about discretionary spending. In the press this is presented as a looming disaster. If you have a home in Panama, are a resident here, or do business here how does the drop in discretionary spending affect your business, Panama real estate investment, or residency? More
Panama real estate will be coming out of its slump by the end of the year. What is the shape of things to come in Panama real estate investment now that Panama has a new government and new plans? More
Labor unions in the United States are opposing the United States - Panama Free trade agreement on the basis that it will take jobs away from US workers. There are three flaws to this argument. The first is that expanded trade tends to favor all workers and competitive products. The second is that Panama already has favored trade status with the USA while the USA does not have favored trade status with Panama. Third, Panama is not a big industrial power. Panama exports cantaloupe and watermelon to the USA and it is the US agricultural states that are arguing in favor of the agreement! More
All of the worrying aside it appears as though Panama has added jobs since last year. Panama investment and Panama real estate are likely to do well in response to this information. The income tax figures for January through April for Panama show a more than ten percent increase in income taxes paid. In addition the Social Security Administration reports 60,000 more enrollees. The tax increase also tells us that the job increase is in persons earning more than $800 a month, where taxes kick in. More
A current theme in international financial circles is tracking down and eradicating tax havens. The Organization for Economic Cooperation and Development (OECD) has apparently gotten concessions from the Swiss to open up their banking systems a bit. Now lesser players such as Panama are under the gun. Panama is doing well because it attracts foreign investment. Part of why it attracts foreign investment is that it guarantees asset privacy. That could end. More
The "milk strike" is done in Panama. The union which represents workers in the dairy industry has come to an agreement with two Panamanian milk producers ending a week long strike. Now milk is back on the shelves and topic of conversation is the upcoming national elections. More
What do Panama real estate and a prisoner exchange in Colombia have to do with each other? The winding down of the decades long civil war in Colombia will reduce drug traffic if rebel groups become political parties. Trade between Panama and Colombia will increase and so will real estate values in both nations. More
The expected reduction in inflation in Panama is arriving. The Comptroller General of Panama released figures that show an adjusted yearly inflation rate of 4.3 for February of 2009. The fall in oil prices has translated to lower electric and gasoline costs. However, many consumer items, including food have risen. Panama real estate, however, has come down in price. More
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