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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.

Where and What is Amador Real Estate?

Amador real estate is outside of Panama City in the county of Panama on the land bridge between North and South America. When the Americans dug the Culebra Cut during the construction of the Panama Canal they had to put all that rock somewhere. They connected Naos, Perico, and Flamenco islands in what was the Panama Canal Zone.

Today the causeway boasts paved walkways, great restaurants, a constant sea breeze and a gorgeous view of the Panama City skyline across the bay at night. Amador real estate is located on all three islands with projects under development.

Amador Real Estate and Panama City

A coastal city that does not get boarded up every year for hurricanes? A Latin American City that has never had to rebuild after an earthquake? How about the capital of a Latin American country with a forward looking, democratic government, increasing economic prosperity and the highest per capita United States investment in all of Latin America. That would be Ciudad Panamá (pronounced SEE oo dad Pa na MA) or Panama City, the capital of Panama.

We should add that with the longstanding US presence because of the Panama Canal there are many English speakers on the streets of Ciudad Panamá. And, since the Balboa, the local currency, and the dollar trade 1:1 US paper currency is Panamanian paper currency. Americans do not need to change their money at the airport when they arrive. You can pay for Panama City property in dollars.

These are boom times in Panama. Panama City real estate has become increasing attractive for the last ten years as increasing numbers of Americans have come to Panama to retire, attracted by the tropical climate, inexpensive property, and attractive residency requirements. In the same ten years Panama has had control of the Panama Canal for the first time. Foreign investment is high and Panama is pouring money into improvements of its infrastructure. For example, the Panama Canal Authority has started a ten year ten Billion dollar project to build a second, wider set of locks for the Panama Canal. Panama City real estate projects include many high rises on the Pacific and throughout the city.

Amador Real Estate

The Amador Causeway is part of the old canal zone and owned by the Panama government since 1997. There were 233,000 acres of potential commercial and residential real estate and over 7,000 building available throughout the canal zone. Many of the buildings and much real estate have been purchased. Amador real estate is available through several projects underway.

In addition a current example of Amador real estate available is a 334 sq. meter luxury condo with an asking price of $725,000.

A project underway is on land leased for 60 years, with options, from the government with asking prices starting at $250,000. This is an extensive marina, hotel, casino project.

If you are interested in Amador real estate or Panama City real estate, or other options such as commercial real estate in Bella Vista contact us at ABPanama for a list of available properties.