Can Foreign Investors Continue to Support Panama City’s Real Estate Boom?
Panama’s economy is continuing to grow. Panama’s growing economy can only mean good things for foreign investors, right? The country’s Gross Domestic Product increased by eight and a half to nine percent from 2006 to 2007. Much of this growth can be attributed to some major undertakings in Panama [...]
Filed under: Business, News, Real Estate on June 23rd, 2008 | No Comments »
Panama’s Minister of Tourism, Ruben Blades
Actor/Singer and Politician Ruben Blades recently replied to an article I wrote on Panama’s tourism industry. To anyone familiar with my writing, public speeches and opinions, these ideas are not new. Apparently however, both my ideas and persona are unfamiliar to Mr. Blades. Puzzling, given that he has met me on [...]
Filed under: Business, Politics, Real Estate on June 5th, 2008 | 7 Comments »
We often get questions regarding the future of Panama City as a viable capital city and international investment and travel destination. While few of us were around before the days Panama City rose to stardom, it’s sensible to ask whether, without the real estate boom and tourism surge, without the newfangled industries rising in the [...]
Filed under: Real Estate on June 5th, 2008 | 1 Comment »
Mistake #1: Your real estate agent tells you financing will be no problem or your friend who just got a mortgage a year ago says not to worry.
Solution - Don’t accept banking advice from anyone other than a bank representative: Chances are the advice your getting on mortgages is not valid or up to date [...]
Filed under: Real Estate on May 6th, 2008 | No Comments »
The restricted flow of honest real estate information in Panama is turning heads. In a developing investors industry, many foreigners are finding good information the hardest deal to come by. So, according to readers, here are the top 7 most useful and informative real estate resources on the web in Panama.
Filed under: Real Estate on May 5th, 2008 | No Comments »
Panama has been touted as a tropical yet familiar place for retirement or investment, especially for those from the United States where the real estate market is roughly as stable as the local psychiatric ward. And while sanitary gated communities and sleek high rises in Panama are no doubt luring comfort-seekers south, other, more alternative [...]
Filed under: Country Guide, Real Estate on April 30th, 2008 | No Comments »
In Panama, we’ve always found its better to be overly-cautious about real estate. So many projects and developments have changed (for better or worse) during construction, that it has proven, maybe more so than ever, to be better safe than sorry. Many are not upholding standards originally set and some have failed completely as we’ve [...]
Filed under: Real Estate on April 23rd, 2008 | No Comments »
Panama City’s Ever-Growing Skyline
An opinon piece appeared in this week’s edition of Panama’s premier financial newspaper, Capital Financiero by Alfredo Rivera Pizarro, Sales Manager for real estate franchise CB Richard Ellis. In this article, Mr. Rivera offered his views as to why the U.S. bubble market cannot be compared to the current Panama City real [...]
Filed under: News, Real Estate on April 1st, 2008 | 2 Comments »
Is the real estate party be over in Panama City, Panama?
With worries of Panama’s city condo market overheating, investors are looking to lesser-known destinations throughout the country where more affordable property prices exist. While an argument can be made for some of Panama’s established hot spots, the following is my personal list of the [...]
Filed under: Business, Real Estate on March 31st, 2008 | 5 Comments »
Panama City, Panama as seen from Casco Viejo
For a country at the center of global investment and tourism chatter, why are so many visitors to Panama getting a bad first impression?
The Republic of Panama, once only thought of as a tiny country with a canal, is now the home of Central America’s fastest growing economy [...]
Filed under: News, Real Estate on March 24th, 2008 | 1 Comment »
I can’t lie to you…I knew better.
But knowing better still didn’t stop me from renovating a beach house in a remote corner of Panama for use as a B&B. Every expat seems to dream of owning a B&B near the beach. I didn’t. After a decade of watching investors lose their butts in the developing world, I knew the [...]
Filed under: Real Estate on February 20th, 2008 | 1 Comment »
Much of the Panama real estate hype is centered around the big players in the game. Whether it’s famous developers or fully-developed communities, Panama’s real estate boom has drawn mainstream investors to places like Panama City, Boquete, and Bocas del Toro as hotbeds for development.
Filed under: Real Estate on February 18th, 2008 | 1 Comment »
