It was reported last week that numerous celebrities and other internationals are gravitating to Panama due to its charm and affordability. Panama’s unique proximity to both the Caribbean and Pacific are factors in allowing fabulous weather and scenery….
The Caribbean properties, in places like Portobelo, are waterfront and mountainous. Portobelo is an ex-Spanish fortress town that has attracted many new residents. People are also fascinated by areas like Casco Viejo, the site of many scenes in the new James Bond flick, Quantum of Solace. Companies like Nikki Beach and Hard Rock also have plans for large-scale developments in the near future.
People are drawn to Panama due to the fact that it is incredibly affordable, has a stable economy and low crime rate, as well as over 300 sunny days a year. It is the fastest-growing economy in Latin America and the 2nd largest free-trade zone in the world, slated to launch thousands more jobs. Property inquiries are up 150% from this time last year….
We have properties for sale in Portobelo and surrounding areas! Visit our site at panama-land-for-sale.com to view facts and figures about Panama, about relocating or retiring in Panama, and our unbelievable land deals!!!
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