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British Airways Opens Direct Route from London to Panama
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.
The online British real estate site Homes Overseas notes the possibility of direct British Airways flights from Heathrow to Panama in the near future. The magazine speculates that easier access to Panama by British Airways would promote British tourism in Panama and perhaps home sales too. Currently without direct flights British citizens need to connect to Avianca in Spain, KLM in Holland or American and Continental through New York to get to Panama.
More Tourists and Panama Real Estate Investment
An obvious observation is that people tend not to purchase real estate in places they have not visited. When North Americans started coming in greater numbers to Panama as tourists the flood of second home buyers and retiree residents followed. As Panama real estate is still priced below real estate in Great Britain and on the continent visitors will be attracted to the prices as well as Panama’s beauty and first world services. Looks like there might be another flock of investors on its way.
Panama
Panama is the narrowest point in the Americas where the Panama Canal connects Atlantic and Pacific. This tropical country has untouched rain forest and pristine beaches on both the Pacific and Caribbean coasts. Panama also has a first world infrastructure with the best roads, airports, ports, and telecommunications in Latin America. Panama is currently enjoying an economic boom fueled by foreign investment.
Over the last ten years an increasing number of North Americans have moved to Panama, gained residency, and retired here. Panama has relatively easy residency laws. Purchasing real estate in Panama is possible for foreigners and Panama grants the same discounts to foreign retirees as to its own seniors.
Panama Real Estate Investment
Business is booming in Panama. 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 Panama real estate investment opportunities. Panama’s infrastructure projects pump money into the economy creating jobs and helping drive the local housing boom. With the highest per capita rate of foreign investment in Latin America Panama maintains its first world infrastructure thus enhancing investment and real estate value here.
ABPanama does business throughout Panama. We have over 23 years experience managing real estate portfolios. Come to see us to find the best current opportunities in Panama real estate investment. Come and stay with us for expert real estate management in Panama’s thriving economy.
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