Despite the global recession, experts continue to have a positive outlook on the real estate market in Panama and its future in 2009.
The international website, Property Abroad, has reported that “Panama’s property market is proving to be one of the world’s most resilient to the global downturn”. The company’s director of overseas property claims, “Panama's economy stayed strong throughout 2008 and it is widely expected to stay the same for 2009”.
It is predicted that development will continue, with projects like the new Trump and Nikki Beach developments in the works.
For those unfamiliar with Panamanian real estate, The Panama Report makes the suggestions that those entering the market realize the type of property they desire and view the property as an “end-use” property. The argument claims that “unobstructed ocean views are always sought after properties”.
Use our site to view the Panamanian properties we have for sale, including mountain, river, and ocean view properties. We have properties located in Panama City and near Colon and Portobelo. Visit panama-land-for-sale.com for more information.
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