This week, the prestigious International Living magazine’s Ronan McMahon featured an article on global real estate prices and where to find the highest yields. Panama City, Panama was listed as #1. The magazine claims that Panama is “delivering among the strongest and most reliable rental returns”.
The article also speaks in detail about hotels seeing such an influx of traffic that prices have been raised as high as 50-80% than that of a year ago. Panama has become a hot-spot for both Americans and Europeans.
The country has flexible options for those wanting to move to Panama, and the real estate prices are so economical that many business have begun to move to the region as well.
The magazine goes on to predict that the increase in visitors and residents will continue for the next five years.
The hotels are actually beginning to sell condo-hotels that are “suitable for short-term rental”. The hotel takes care of the premises, and profits between the hotel operation and owner are “as high as 70/30 in favor of the owner”.
This definitely speaks for the affordability that Panama warrants. Panama Land For Sale is offering affordable land deals that allow you to economically build the home of your dreams! Check out our website at www.panama-land-for-sale.com to check out our current specials. Come join us as a Panamanian resident!
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