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Punta Paitilla, Panama Commercial Real Estate Investment
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 allow you gain from 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.
Punta Paitilla, Panama
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.
The Punta Paitilla neighborhood is well to do with many shops, restaurants, and all manner of services. Besides retirees enjoying the tropics Punta Paitilla residents include business people from all over the globe who are in Panama working for multinational companies.
The wealth of Punta Paitilla supports a thriving business community. The Punta Paitilla business community supports real estate investment with its rental and lease payments.
Panama Real Estate
Panama residential and commercial real estate have been good investments for the last decade or more. Panama’s economic boom continues despite a growing financial crisis in North America, Europe and Asia. Panama has a first world infrastructure with the best roads, airports, ports, and telecommunications in Latin America. Panama City neighborhoods, or barrios, such as Punta Paitilla offer tropical living, first world services, and prices that beat North America and Europe.
Punta Paitilla, Panama Commercial Real Estate
Punta Paitilla commercial real estate listings include 41 square meters of office space for sale for $50,000. Retail space in one of Punta Paitilla’s newest malls is renting for $3,100 for 94 square meters.
Punta Paitilla has shops, restaurants, pharmacies, and every other type of service you might like. All of these businesses need retail, office, or warehouse space. As there are no rent controls on commercial real estate in Panama you can expect to charge what the market will bear for lease payments. And, as Panama’s economy keeps growing in the ten percent per year range, you can expect to see a substantial appreciation in Punta Paitilla commercial real estate too.
If you are interested in investing in commercial real estate in Punta Paitilla contact us at ABPanama. We have over 23 years experience managing real estate portfolios and would be pleased to help you live and prosper in Panama.
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