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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.

One of the many promising real estate investment opportunities is in La Alameda, Panama. 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 restaurants and entertainment as well as the shopping and commercial areas of both neighborhoods.

Real Estate Investment in Panama

Panama is the land bridge connecting North and South America where the Panama Canal connects Atlantic and Pacific. 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 and a flood of North American retirees attracted by easy residency laws.

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. However, the basis of Panama’s economy is more broadly based than just tourism and foreign home buyers. Panama City’s skyline is filling with high-rises and Panama real estate investment is also prospering as Panama small business community and its middle class prosper.

La Alameda, Panama Commercial Real Estate Investment

La Alameda has commercial real estate for rent and La Alameda has commercial real estate to buy. Commercial real estate in La Alameda, Panama will rent for about $20 or so a square meter. Commercial real estate in La Alameda will sell for around $1,800 a square meter. Twenty dollars a month per square meter is $240 for the year. Thus your return on investment for commercial real estate in La Alameda will run about 13% a year on leased real estate. Because business in Panama is still strong commercial real estate continues to appreciate in value.

Investment in Real Estate in Panama

Panama has had a ten year long run of excellent returns on real estate investments. Panama is not only a beautiful place to live but it has had low prices and inexpensive real estate. Right now, as North America and Europe sort out their credit problems, is a great time to buy residential real estate as the high end of Panama’s housing market has flattened out. Now is a great time for commercial real estate investment as Panama’s economy is still growing while North America, Europe, and Asia deal with recession.

Despite financial problems elsewhere Panama still is adding jobs and has a growing economy. Panama’s conservative banks did not go for sub prime mortgages like in the USA and still are solvent. Panama is probably an excellent place to wait out the world’s financial difficulties. And, while you are here, Panama still offers excellent real estate investment opportunities. More so than residential real estate commercial real estate in Panama is tied into Panama’s thriving economy and Panama’s unique position in world commerce. Commercial real estate investment in Panama does not have to deal with rent controls like the low end of the rental market.

If you are interested commercial real estate investment in La Alameda or investment in real estate throughout Panama, or Panama Island properties come to see us at ABPanama. We have over 23 years experience managing real estate portfolios.