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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 Panama real estate investment opportunities.

Panama

Panama is situated on the land bridge that connects North and South America. With Costa Rica on one side and Colombia on the other Panama is the narrowest point in the Americas. Fifty miles separate Atlantic (Caribbean) from Pacific allowing ships to pass from one ocean to the next via the Panama Canal in eight hours.

Panama has the highest rate of foreign investment per capita of any Latin American country and is investing heavily in its infrastructure. This degree of investment in real estate and otherwise, high levels of employment and a free market economy in a democratic country provide ideal circumstances for investment in Panama commercial real estate.

Real Estate in Panama

The Panama real estate market is steadily appreciating. With Panama's easy residency requirements and the ability of foreigners to own property here North Americans have made Panama their premier choice for retirement. Panama City's skyline is filling with high-rises and Panama real estate investment is prospering as North Americans flee the cold for a condo in a warm country with a first world infrastructure.

Little noticed by the "Norte Americanos" moving here is that the middle lower parts of the Panama real estate market are also booming. Investment here is leading to are more jobs, more immigrant Latin Americans looking for work and a continuing need for housing. It should be noted that when a Costa Rican, Chilean, or Ecuadoran computer programmer moves to Panama looking for work it tells you where the economic progress is in Latin America.

Commercial Real Estate in Panama

All of these folks moving to Panama as well as all the locals working at better jobs in Panama buy groceries, go to the upscale malls, and pass their money back into the economy. Thus the Panama commercial real estate market is booming as much or more than the housing market. The additional advantage to investment in commercial real estate in Panama is that there are no rent controls on commercial property in Panama.

Business Opportunity in Panama

Panama has a large number of real estate developments, mostly tailored to the housing market, hotels, and recreation.

However, Panama is a crossroads country with the Panama Canal and Pan American highway. There is always a need for storage, transfer points for cargo, shipping containers, and much more associated with the high volume of world trade that passes through Panama. This is especially true in the old Panama Canal Zone which is now open for Panama real estate investment, both commercial and housing. As a result colon real estate is also benefiting.

With increasing foreign investment expect to see vehicle assembly in Panama as well as assembly of any number of items. At the juncture of transport for the Western Hemisphere Panama has a decided advantage for receiving parts and shipping finished products. In addition, with the increasing cost of shipping from Asia and decreased value of the dollar Panama has an advantage that it is just now developing.

Any number of businesses associated with the position of Panama as an assembly point is bound to prosper and so will owners of property leased or rented to these businesses. Look for more and more Latin American training centers for international corporations to locate in Panama. This is another Panama commercial real estate investment opportunity.

If you are interested in investment in commercial real estate in Panama come see us at ABPanama. We have over 23 years experience managing real estate portfolios and would be please to help you prosper in Panama.