Monday, January 19, 2009

Property Development Expected to Continue in Panama

The UK’s Hot Property website recently reported about the advantages in owning property in Panama, claiming that the country could again show returns like in 2006.

Panama property offered spectacular growth in the property market from 2006 to 2008. In that time period, property prices were up 48%. In the back half of 2008 growth slowed slightly, but was still positive.

Significant growth is expected again in the near future as Panama is predicted to have long-term appeal to US residents. Currently, Trump Ocean Club condos are under construction and are slated for completion within five years. There is also another development under construction at one of the best Panamanian beaches Maria Chiquita Beach where one-bedroom condos are being sold starting at around $100k.

Are you looking for a land investment? Check out Panama!! Visit our website at panama-land-for-sale.com to see our beautiful, ocean-view properties for sale! Use our website as a resource for information about moving or relocating to Panama!!

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