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Property in Volcan, Panama
2010-01-30 02:33:00 In Chiriqui,Volcan a relative of my father is selling this property. It fully entitled, it has approximately 300 hectares and it is for sale for 2 Million Dollars.If you havent heard about Chiriqui real estate, I can give you a brief description of this market.Boquete is one of the hottest areas in Panama, with several projects in development.The highland area wich includes Boquete and Volcan has an average temperature of 20.Please if you are interested, you can send me an email here. projectpanamarealestate@yahoo.c-omResellers would have 1% commission fee over the 2 M.Here are some pictures of the area. I will add video as well in the next days.
Panama attracts more foreign property buyers
2008-05-16 02:00:00 Panama is becoming more and more popular with foreign property buyers, according to industry experts. Analysts at Amberlamb stated that the "world and his wife" have become aware of the investment potential in the Central American country. However, the organisation recommended that investors avoid Panama City and consider places such as Penonome instead. Amberlamb said it is a highly accessible place which offers a number of lifestyle and financial attractions. The group commented: "It's already emerging as a tourism hotspot for city dwellers seeking the laidback vibe that Penonome really embodies." Furthermore, the region was said to offer attractive architecture, good scenery and relatively cheap real estate prices. Amberlamb added that property values are likely to "creep up" in response to growing demand, which means buyers could get a relative bargain if they enter the market early. This comes after the Foreign Property Buyer website reveal...
Propertyshowrooms.com reveals Panama as the new major hot spot
2008-05-15 02:00:00 May 24, 2008 Panama is one of the new property hotspots for international investors, according to Propertyshowrooms.com, one of the largest property web portals in the world. The company has unveiled its latest stunning development in Panama, as the country gears itself up to being one of the most attractive real estate areas in the world. The new development, which is ideal for investors, consists of a 58 storey designer tower situated on a waterfront location in the prime business district of Panama City – the most in demand area of the metropolis. “Panama offers a number of highly efficient tax exemptions and incentives, making it an excellent location in which to do business,” says Propertyshowrooms.com Operations Manager Gareth Milton. He continues: “Investment in the real estate sector is at record levels in Panama, boosted by the fact that the government there is actively encouraging foreign investment. This requires only the best residential and comme...
Panama City Homes for sale - Market update
2008-05-14 14:35:00 Here is some very good news from the Florida Associations of Realtors: ” ORLANDO, Fla. ? May 13, 2008 ? Florida Realtors reported positive signs in their local housing markets during first quarter 2008, noting a slower rate of expansion for inventory levels and an increase in pending home sales (based on contracts signed but not ...
Panama’s Santa Catalina Indulges Scuba Divers at Isla Coiba in the Ab
2008-05-13 07:00:00 Santa Catalina is unofficially Panamas Pacific Scuba Diving capital. Scuba divers, snorkeling, underwater photographers and underwater naturalists as well as a few deep sea divers, anxiously await their chartered boats leaving Santa Catalina for explorations in the coral-filled Pacific waters around the Isla Coiba and the Coiba National Park. Panamas one million acre ...
By: Resources zone
Panama City Real Estate - Website updates
2008-05-12 14:53:00 It’s been awhile since my last post due to lots of new business activity in Panama City, Florida, so here is my latest updates on what has been happening: As the Panama City Real Estate market enters the summer season, I am very pleased to announce my websites’ new look and feel has gone live. Please let ...
Learn to Sail with the Panama Sailing School
2008-05-12 14:41:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-12 10:32:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-12 10:32:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-12 06:29:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-12 06:29:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-10 04:51:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-09 11:28:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
New 3D Rendering of Whisper Dunes, Panama City Beach FL
2008-05-08 16:35:00 Ok, if this doesn’t get you excited, we don’t know what will! Continuing our efforts in being your number one source for Whisper Dunes updates, here are some brand new 3D renderings of the entry to Whisper Dunes, Panama City Beach, FL (click to view floor plans, images and more). Also included in the image are renderings of the pool area and finished town ...
Learn to Sail with the Panama Sailing School
2008-05-08 16:01:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Rembrandt en el Museo del Canal Interoceanico
2008-05-08 15:37:00 El domingo pasado visité el Museo del Canal para ver los grabados de Rembrandt van Rijn; exhibición hecha posible por cortesía del homónimo museo holandés, su embajada y la empresa privada.La exhibición constaba de dos partes: un montaje en sombras de su taller en conjunto con la presentación del video de su biografía y una galería de grabados que incluía dos planchas de cobre originales.Esta de más tratar de aproximar un análisis profundo sobre la genialidad de su obra, se lo dejo a los expertos, creo más apropiado alabar aquellos detalles que me impresionaron: la profundidad de sombras (Antiope y Jupiter) que escapa la capacidad del papel para contenerlas y por supuesto, el manejo de la luz (Lázaro); además las composiciones son claras (Las Tres Cruces), con personajes cuyas expresiones se manifiestan con pocas pero seguras lineas. Es por supuesto un honor y privilegio estar tan cerca de estas obras claves del arte mundial, esperamos que la próxima exhibición se de pronto, la vida...
By: Avarana
Learn to Sail with the Panama Sailing School
2008-05-08 13:46:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Kaplan: A Man A Plan A Canal. Panama!
2008-05-08 02:28:00 TV Newser: Ungentle giant Rick Kaplan sheds his temporary gig at CBS News "Early Show." Kaplan's been producing that and Katie Couric since psycho producerbabe Shelley Ross got the heave-ho.[I just felt compelled to use that palindrome headline...]
By: Chickaboomer
Incorporating Offshore Corporations in Panama Posted By : Marie Klidensfiel
2008-05-07 07:57:00 For those businessmen and investors who are interested in incorporating an offshore corporation there are many destinations to choose from. Of course, not every offshore jurisdiction is subject to the same tax and investment laws governing income derived offshore so it is of tantamount importance that you seek out the professional advice of a licensed attorney prior to making an offshore corporation formation or investment decisions. Are you looking for some inside information on income tax refund? Here’s up-to-date information on Taxes and personal finance and also on Taxes.
Learn to Sail with the Panama Sailing School
2008-05-05 04:20:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Learn to Sail with the Panama Sailing School
2008-05-05 00:13:00 Learn to sail within the beautiful ocean of Panama. Discover your dreams and control your future. Our philosophy is to teach you skills and techniques so you can expand your growth into the art of sailing. Let us teach you to become your own captain. Sail and discover Panama! Whether you?re a first time sailor ...
By: Pan-2007
Panama John McCain Promises His New Energy Policy Will Prevent Future Necce
2008-05-03 21:15:00 “Straight Talk Express” One Minute, “Doubletalk Express” The Next For Panamanian-Born U.S. Senator From Arizona “The Iraq war was all about oil”, suggested Senór McCain in one of his rare moments of honest-to-goodness, actual “Straight Talk” before a crowded townhall meeting in Denver yesterday morning… A very revealing “snippet” from National Journal’s Hotline On Call: McCain Suggests Iraq War Is About Oil At the conclusion of a town hall held this morning outside in Devner, John McCain decided to toss in a plug for his upcoming energy policy rollout. But as McCain decried the dangers of Americans reliance on foreign oil, he also seemed to suggest that this reliance caused the current struggle in Iraq. “My friends, I will have an energy policy that we will be talking about, which will eliminate our dependence on oil from the Middle East that will - that will then prevent us - that will preve...
Petaquilla versus Panama
2008-05-01 07:35:00 La minera Petaquilla ha decido ir en contra de la restricción enunciada por ANAM sobre la explotación minera de oro en Colón...Ahora no solo los ciudadanos -que no estamos ciegos ante los perjuicios que conyevan estas actividades- tenemos que preocuparnos por la permisividad gubernamental sino que las empresas pasen por encima de las regulaciones establecidas. El hecho es que los gobiernos de turno, ineficaces y corruptos escapan de cualquier tipo de penalización legal; entonces esta "debería" llegar por medio de nuestros votos. Pero ¿qué hay de las empresas? Estas harán lo que les parezca y luego pedirán perdón o pagarán alguna multa ridícula; escudadas tras la excusa de la generación de empleos, impuestos y "el desarrollo". No es dificil imaginar el triste final de esta historia: NO TIENE. Minera reta a Anam La Anam reitera que la compañía no tiene la aprobación de los estudios de impacto ambiental. ANCON pidió a las autoridades que impugnen la concesión minera por s...
By: Avarana
Panama : Hausse importante du fret entre 2004 et 2007
2008-04-30 22:00:00 La capacité de chargement total des cargos panaméens a augmenté de 33,8 millions de tonnes entre 2004 et 2007, a annoncé mardi l'autorité maritime du Panama (AMP). La capacité a atteint 164,8 millions de tonnes pour 7517 cargos en 2007, contre 131 millions de tonnes pour 6220 cargos en 2004, indique un rapport de l'AMP. Le Panama maintient toujours sa prépondérance dans le secteur du transport maritime international, a reconnu le secrétaire général de l'Organisation maritime internationale (OMI), Efthimios Mitropoulos.
5 European Investment Reasons for Panama
2008-04-27 22:15:00 Written by Matt Landau, The Panama Report, Wednesday, March 19 2008 With various crises in the US set to stifle the Panama real estate boom, Europeans are holding up the proverbial rear, crowding real estate offices around the country with their Capri pants, Spanish dictionaries, and crusty loaves of bread. I remember vividly a time when real estate in Europe was hot. I was studying economics in Madrid and my professor, a young German guy named Knut, described houses and condos as amazing like toilet paper. But since then, many of those great investments have disappeared like an elephant in a Houdini act, and today, Europe's investors are looking to Panama for answers.1. A strong currency: With the Euro recently flirting around record highs against the US dollar, Europeans are clearly more inclined to invest abroad. Using online agencies and a plethora of international banks, investing in Panama is even being done from the luxury of home, with seve...
Travel Photos from Gibraltar England Panama Morocco
2008-04-25 18:54:00 Travel Photos from Gibraltar, England, Panama, and MoroccoThe following are links to images that I have taken while traveling through Gibraltar, England, Panama, and Morocco. I am trying to create a huge database of photographs at Vagabond Journey Travel Photos as well as test Andy's experimental lifestyles project.Click on the below links to go to photos of Gibraltar, England, Panama, and Morocco:Gibraltar: Barbary Apes Macaques Gibraltar Barbary Apes Monkeys Gibraltar Gibraltar Monkeys British FlagEngland:Paddington Bear Station London EnglandPanama: Casco Viejo Miraflores Locks Panama Miraflores Locks Panama Canal Beaches in PanamaMorocco:Hassan II Mosque Moroccan People Images from Morocco Moroccan Perfume, Women, Cats Mosques in Morocco Mosques, Perfume, Olives in Morocco Sale Minaret Sweet Food Morocco Marrakech Morocco Riad Hotel Vagabond Journey Travel Photos - check out the places you want to travel to before you get there!Wade from Vagabond J...
Whisper Dunes Update - Panama City Beach, FL
2008-04-24 23:11:00 As your experts in Panama City Beach, FL real estate, we are pleased to bring you another update on Beazer Home’s newest community, Whisper Dunes. Recently, new 3D renderings and images of the town home and villas floor plans were released, and yes, we’ve got our hands on them! If you visit our main Whisper Dunes page, click on ...
Adding Panama to the Country Index
2008-04-24 05:54:00 I have tried to follow the instructions provided to get Panama added to the country index in the user group index, but my e-mail keeps coming back undeliverable. Any suggestions?
Audio: Panama - ICE_CREAM
2008-04-24 03:53:00 This one was submitted via our Upload Site. This is decent freestyle from PANAMA AKA DA SPANISH KID! You might recognize him from the hit HBO TV Series "THE WIRE" ON SEASON 4. He was the violent junkie that beat up Bubbles, and here is a joint he blessed us with via our upload function on our web site.Check his website at:http://www.myspace.com/daspa-nishkid Download The MP3 File
By: EG Radio Online
Dos astillas en la cinta
2008-04-23 16:32:00 La ley es clara, si las construcciones a la orilla de la Avenida Balboa obstruyen la ampliación vial deben ser removidas porque el interés de la mayoría debe prevalecer sobre el privado y agrego, porque lo dicta el sentido común. El Hotel Mirarama y el Club de Yates y Pesca son errores urbanísticos que se permitieron a costilla de nuestra mal llamada tolerancia, se apropian de un espacio público, complicarán y encarecerán los costos de la Cinta Costera más allá del debatible mérito e implicaciones económicas que su eliminación traería.Es cierto, en el caso del Hotel Miramar los costos serían muy elevados (demoler el Club y transladarlo a otro lado es mucho más sencillo), pero a la larga toda la ciudad y sus habitantes requieren utilizar este espacio por las razones de vialidad presente y futura, además el dinero malgastado en rodear y segregar estos espacios bien podría invertirse en más obras públicas o necesarios mantenimientos; esta debería ser suficiente razón para despejar el h...
By: Avarana
Incorporate Your Business Offshore in Panama Posted By : Fletcher Olfoggins
2008-04-22 12:05:00 The list of countries and jurisdictions for offshore incorporation of a business is probably as long as a person's arm. There are jurisdictions in situated in Atlantic and Pacific settings as well as the Caribbean, so the choices can be plentiful. It's a matter or due diligence and research on your behalf that will determine where you decide to locate your offshore corporation. A key component of personal finance is financial planning, a dynamic process that requires regular monitoring and reevaluation.
Panama City Beach Real Estate - A few updates
2008-04-18 13:55:00 Hello everyone,I know it's been awhile since my last post, but I've been extremely busy... And that is a good thing for us all!The market has heated up quite a bit lately, and I'm very thankful to all my new and returning customers for selecting me as their professional real estate agent.Look for my new blog category and upcoming entries on what's hot and what's not in the Panama City Beach real estate market.I've added a few new items to the website recently. Most notably is my addition of podcasts.You can download and listen to them at your leisure. As always, please share these with your friends, family and others interested in Panama City Real Estate.
Panama: urbanismo aleatorio
2008-04-15 21:57:00 Una de las causas del caos urbano, es la forma en que el trazado de la ciudad (propuesto en su momento por Belisario Porras en la llamada la Exposición y luego Calidonia) se fue dejando de lado en la medida en que se perdió el interés en planificar su crecimiento, abandonándose en manos del libre albedrío, ese dejar hacer que tristemente nos caracteriza.Al escuchar las ponencias del Foro -Una Ciudad para Vivir- constatamos que su "distribución" lineal se debe a los límites impuestos por la antigua zona del canal y la bahía, y como sus áreas más pobladas se encuentran en sus extremos: Arraiján y San Miguelito, mientras que las principales vías alimentan un sistema cuyo objetivo es la influencia y afluencia vehicular hacia el centro de la ciudad. Los corredores no hacen más que agregar flujos adicionales, sin una comunicación directa.En ese sentido, se observa -en mi opinión- la falla principal del sistema: la concentración de las áreas productivas en un espacio saturado, situación ex...
By: Avarana
Panama City Real Estate - new podcasts
2008-04-15 17:42:00 Hello everyone, I know it’s been awhile since my last post, but I’ve been extremely busy… And that is a good thing for us all! The market has heated up quite a bit lately, and I’m very thankful to all my new and returning customers for selecting me as their professional real estate agent. I’ve added a few ...
Why is This the Best Town in Panama
2008-04-13 07:00:00 Santa Catalina, the beautiful fishing village in Panama, has been catching the eyes of surfers and tourists for a long time now. The village has vast natural resources and beauty all around as the Pacific Ocean roars up on its black sand beaches. For many decades, surfers from across the world are drawn to Santa ...
By: Resources zone
Panama is Without Doubt the Hotspot for Investment in Latin America
2008-04-13 07:00:00 A welcoming community, safe environment, low crime statistics, excellent incentives, together with the natural beauty and ethnic diversity that is Panama, the isthmus of Panama appeals to the increasing number of baby boomers from North America and Europe who are looking for a different option for retirement, coupled with investors and adventurers the world over, ...
By: Resources zone
President Bush’s And “Panama John” McCain’s “
2008-04-11 06:48:00 FAA Oversights Serve To Prove The Republican “Troop Surge” Is Only As Effective As The [Under-Regulated] Capitalistic System Allows It To Be “We must SURGE ON”, pontificates Panamanian-born U.S. Senator and presidential candidate, Señor John McCain. “We’re winning! It’s working!”, he promises the country from the stump. And, with the slumping economy (please ...
Foro: Una ciudad para vivir
2008-04-08 17:20:00 Las ponencias de los miembros de la Alianza evidenciaron frustración ante la conveniente indiferencia del gobierno, el cual no esta dispuesto a asumir su papel de arbitro entre la voracidad de los desarrolladores y las necesidades reales de los ciudadanos; en su lugar vemos empeorar la calidad de los servicios públicos al saturarse los espacios públicos, sistemas de transporte y servicios más alla de su capacidad original, sin que exista una previsión o camino lógico que guie su crecimiento. Es claro que la miopía de la autoridades obedece a fuertes intereses económicos y políticos, escudados tras la fachada del progreso y tibias promesas laborales. Álvaro Uribe habló sobre como los proyectos urbanos masivos existen como islas, inconexas sobre un espacio limitado por las clases sociales, económicas, el cemento y el fantasma de la antigua zona del canal. Giulia de Sanctis y Eduardo Tejeira (DOCOMOMO) resumieron la pérdida de Bella Vista como barrio histórico y el saqueo de sus varied...
By: Avarana
A New Option for Real Estate in Panama
2008-04-08 07:00:00 In such situation, a new and reliable real estate investment alternative becomes quite convenient to adopt. Only an alternative of the existing residential real estate in Panama can secure high rate of return. Over the last few years, economy of Panama has seen a drastic upward trend. To supplement the high economic pace; population and cultural ...
By: Resources zone
Panama mortgage financing
2008-04-05 22:48:00 January 1, 2007The following are the average terms and conditions of mortgage banks in Panama. This mean that specific rates and conditions may vary from bank to bank.Financing: Between 60% - 70% of the purchase price or appraised market value, whichever is the lesser.Interest Rate: From 6.5%, plus FECI 1% per year.Amortization: Maximum amortization of 20 years divided into Five (5) years renewable at the Bank’s option for three (3) additional terms of five (5) years each. The maximum amortization period will be subject to factors such as Borrower(s) age and Net Worth.Security: First mortgage over the property.Insurance: Banks generally require that the borrower(s) contracts a life insurance policy for the amount of the loan, endorsed to the Bank, and a fire insurance policy with catastrophic extension for the amount of the loan, endorsed to the Bank. The insurance must be underwritten in Panama.Bank Commission: Approximately 1% of the amount of the loan payable at time of loan dr...
Panama real estate taxes
2008-04-05 22:47:00 Transfer tax must be paid by by seller at the moment of transfer of the property. A 2% real estate transfer tax is levied on the transfer of real estate based either upon (1) the sale price stated in the official purchase/sale document (sale contract) or (2) upon the official property value, which ever is higher. The taxpayer may choose to pay either (1) the 2% real estate transfer tax over the greater of the purchase price of the property or the oficial property value, increased by 5% per year of tenancy, or (2) to pay income tax at a 10% rate based upon the assessment value plus a 10% increase for each year of tenancy. If the taxpayer chooses this second option, no further taxes on capital gains on the transaction are levied. Sale of a new residential property is exempt from this tax if the buyer uses it as a personal residency.The real estate transfer tax can be offset as a direct credit against the income tax levied on a capital gain arising from the sale, if any. Income on capi...
The New Panama Island Law
2008-04-05 22:46:00 The New Panama Island LawThe day that President Martin Torrijos stamped his signature to Law 2 in the island of Bocas del Toro, an initial group of 7 projects for an estimated amount of US$732 million were unveiled. Now there are other projects in the pipeline in the Pearl, Veraguas and the Parida islands, showing that investors were awaiting this law.... INTRODUCTION During recent years, Panama has become a top destination for tourists, investors and retirees from all over the world. Most retirees or “pensionados†come looking for more friendly, secure and affordable communities, such as Boquete, Volcan, the Caribbean islands of Bocas del Toro, the Pacific beaches and, of course, cosmopolitan Panama City. Incentives for tourism investments were first granted by means of Law 8 of June 14, 1994. The enactment of this law began the process of branding Panama as a tourism destination, attracting investors and tourists alike, but mainly in the hospitality sector. In the last few y...
Dupont Towers Panama
2008-04-05 22:44:00 BP-499 Dupont TowersLast updated: 2008-04-05 Province/Town: Panama CityExact Location: Punta PacificaType: Panama City ApartmentsTransaction Type: SaleSale Price: $331,000.00Sale Price Terms: Between Wanting a piece of the Panama City skyline? This project is located in Punta Pacifica, one of the newest and most modern neighborhoods in the city with magnificent views to the ocean and the city skyline. With easy access to shopping malls, supermarkets, fashion spots, and an infinity of places around the city, along with all the amenities just a walk away.This project is on pre-construction. It has 42 floors. It has different sizes of apartments starting from: 166mts with 2 bedrooms and 2 bathrooms; 211.30mts with 2 bedrooms, family room and 2.5 bathrooms (maid’s quarters w/ bathroom); 265.60mts with 3 bedrooms and 3.5 bathrooms (maid’s quarters w/ bathroom)With an easy access to a different avenue, in 20 minutes you can be at the mountains, 1.5 hour at the beach, and 5 minutes fr...
Panama City Beach Real Estate - Market update
2008-04-05 13:18:00 I'm pleased to announce the Panama City Real Estate Market Summary for March, has been uploaded and posted for your convenience.I'm seeing quite a bit of movement in our market, as buyer inquiries have increased and mortgages continue to hold steady below the 20 year averages.The local condo investment market continues to climb as prices level out for water and gulf front units.For more information, please visit the Panama City Real Estate blog or Contact medirectly.If you'd like a free, no obligation Panama City home value report of your property please complete the form and I will send it to you promptly!
Panama City Beach Real Estate - Market Summary
2008-04-05 13:17:00 I’m pleased to announce the Panama City Real Estate Market Summary for March, has been uploaded and posted for your convenience. I’m seeing quite a bit of movement in our market, as buyer inquiries have increased and mortgages continue to hold steady below the 20 year averages. The local condo investment market continues to climb as prices ...
Shores of Panama Condominium - Price Reduction
2008-04-04 22:31:00 Yes, we have more great news for buyers! We just had a price reduction on Shores of Panama Condominium #405! It’s now the second lowest priced (furnished) unit and is priced to sell at $200,000. What a time to be a buyer! Shores of Panama is jam-packed with amenities. The most notable is its $4 million dollar ...
Panama Tourism Law Requires Work
2008-04-04 14:58:00 Source: La PrensaThe new tourism law passed by the National Assembly on Feb. 27, 2008 provided a framework for defining and regulating Panama's tourism industry but left many practical matters open for debate. In fact, the rules governing 16 articles in the new law have yet to be established and must be approved within the next five months before the law goes into effect. Government officials will have the last word on the rules and regulations, but the private sector has an opportunity to voice its opinions and make proposals.According to Jaime Campuzano, president of the Cámara de Turismo de Panamá (Camtur), "We have to regulate these articles. Otherwise, their interpretation and implementation will be in limbo."Camtur is organizing committees that will make suggestions to the government. Those committees will be made up of business people representing all sectors of the tourist industry that will be affected by the new law. The private sector is particularly interested in the r...
Wall Street Journal writes about Panama
2008-04-04 13:48:00 Whether it’s the mainstream media, or individuals who have discovered Panama, the praise for this tiny Central American country keeps growing. The travel book publisher Foot Print Books calls Panama one of the world’s “great crossroads.†In a July, 2007 article in Fortune Magazine entitled “Latin America’s real estate Panamania,†Fortune describes Panama as “one of the world’s hottest real estate markets.â€The Los Angeles Times, the New York Times, and National Geographic have published exciting pieces highlighting the undiscovered delights of Panama. The Wall Street Journal describes “the new breed of intrepid retirees (that are) branching out†to Panama. The Boston Globe calls Panama “an undiscovered tourist paradise.†One retired investor admiring the view from his apartment recently said, “Panama looked like a good investment and a place to have a good time. You don’t need a lot of sense to see that property will increase in value.â€Said one C...
The Panama Festival and Expo 2008
2008-04-04 13:37:00 The Panama Festival and Expo 2008 A Premier Trade Show. Come to PanaExpo, the world class 3-day trade show which exhibits investment and lifestyle opportunities in Panama, that runs from Friday May 2 to Sunday May 4 at the Toronto Congress Centre, 650 Dixon Road in Mississauga, Ontario. Mississauga is just west of Toronto, Canada. PanaExpo visitors will have the opportunity to ask experts about investment and retirement opportunities in Panama and how to enjoy this gem of a country. International Living magazine called Panama “one of the best places in the world for retirees today.†Frommer's listed Panama as the world’s number four travel destination in 2007. PanaExpo will also showcase Panamanian cuisine, culture, dance, and the arts. Exhibition space is currently available.
The Next Panama Real Estate Hotspots
2008-04-01 21:11:00 Source: costaricapages.comWith 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 most current ?in? and ?out? investment areas.OUT: Panama City ? Prices may not yet have peaked, but the glut of condos about to come on to the market has this writer wary that the upside may be shrinking?and fast. Many claim that new buyers arriving daily from places as diverse as China, Venezuela and Spain can keep this afloat, but I think there are safer bets out there. There is a silver lining: in the near-term, those who expect their pre-construction condos delivered soon will find the market for short and long-term rentals to be very appealing.Playa Coronado ? While proximity (50 mins) to the city would seem like a benefit, this location suffers from sharing much of t... |
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