According to the Associated Press, Panama’s new “pro-business” President is promising the country new jobs….
The new President, Ricardo Martinelli, 57, is a supermarket magnate that has gained wide appeal among Panama’s 3.3 million residents. Martinelli, who was sworn in on Wednesday for a five-year term, has committed to “start the biggest job-creation push ever in the country”.
Outgoing President, Martin Torrijos, was responsible for the $5 billion Panama Canal expansion, which obtained over $2 billion in foreign investment in order to accommodate large cargo ships. Martinelli has been a staunch supporter of the Canal’s expansion, but also wants to expand upon the country’s economic capabilities.
Panama has experienced a real estate boom that the President wants to recreate, amid the worldwide recession. The country is considered to be the best place for business in Latin America. Martinelli has committed to fighting drug trafficking, along with Colombia and Mexico, and also has a billion-dollar proposal for a train system for Panama City’s metro area.
Looking for investment opportunities in Panama? Visit Panama-Land-for-Sale.com to see properties, real estate and businesses for sale in Panama! Click here for more information.
Thursday, July 2, 2009
Wednesday, June 24, 2009
Retirees Look for Land for Sale in Panama
Ralph Smith of FedSmith.com penned an article this week entitled “Are you Part of the Retirement Tsunami? Where Will You Retire?”.
Smith points out that many U.S. retirees will be unable to afford the lifestyle that they had once envisioned. Many retirees are looking outside of the U.S., particularly to Panama, for a variety of reasons, including:
Interested in investment opportunities or land in Panama? Visit Panama-Land-for-Sale.com to see property listings and real estate for sale in Panama City and outer-lying areas. Click here for more information.
Smith points out that many U.S. retirees will be unable to afford the lifestyle that they had once envisioned. Many retirees are looking outside of the U.S., particularly to Panama, for a variety of reasons, including:
- Mild weather
- Low taxes (no property taxes for 20 years)
- Affordable cost of living
- Affordable medical costs at world-renown hospitals like Johns Hopkins
- Affordable property
- Discounts on a variety of different goods and services
- English is widely spoken
Interested in investment opportunities or land in Panama? Visit Panama-Land-for-Sale.com to see property listings and real estate for sale in Panama City and outer-lying areas. Click here for more information.
Friday, June 19, 2009
Green Real Estate Development Moving to Panama
As environmental and “green” initiatives have taken center-stage, Panama is cashing in…..
The Latin America Wind Energy Association (LAWEA) will be presenting their annual WIND EXPO in Panama September 2-4, 2009. This will be the second annual conference for the association. The conference will be held at the ATLAPA Convention Center.
The first LAWEA conference was held in Guadalajara, Mexico and resulted in great success. The continuing goal of the organization is to promote Latin American Wind Power business.
As wind power and environmentally-sustainable energy have gained popularity worldwide, WIND EXPO focuses on successful implementation strategies in order to integrate the energy into the mainstream.
Experts in the field, leading companies within the sector, developers, manufacturers, government representatives and financial institutions and investors are expected to attend the conference. Speakers will identify areas for growth and development within the sector.
Panama has begun to attract investors, environmentalists, entrepreneurs and retirees. Check out the reasons why at Panama-Land-for-Sale.com. Panama is one of few countries to offer significant business and land opportunities! Click here for more information.
The Latin America Wind Energy Association (LAWEA) will be presenting their annual WIND EXPO in Panama September 2-4, 2009. This will be the second annual conference for the association. The conference will be held at the ATLAPA Convention Center.
The first LAWEA conference was held in Guadalajara, Mexico and resulted in great success. The continuing goal of the organization is to promote Latin American Wind Power business.
As wind power and environmentally-sustainable energy have gained popularity worldwide, WIND EXPO focuses on successful implementation strategies in order to integrate the energy into the mainstream.
Experts in the field, leading companies within the sector, developers, manufacturers, government representatives and financial institutions and investors are expected to attend the conference. Speakers will identify areas for growth and development within the sector.
Panama has begun to attract investors, environmentalists, entrepreneurs and retirees. Check out the reasons why at Panama-Land-for-Sale.com. Panama is one of few countries to offer significant business and land opportunities! Click here for more information.
Outerlying Panamanian Areas Offer Real Estate to Tourists
The Examiner recently published an article about outer-lying areas of Panama, including the
Panamanian beaches of the Isla Iguana Wildlife Refuge – also known as Iguana Island. Iguana Island, located on the Pacific Ocean, is about 200 miles southeast of Panama City. The island, which is over 140 acres in size, was declared a wildlife refuge in 1981. The area was used as a bombing practice site during WWII, and eventually a sole resident inhabited the island in 1960.
Today, the area is home to beautiful white beaches and a variety of tropical animals including birds, hermit crabs, whales, sea turtles, and it’s namesake—the green iguana. The entry fees to Iguana Island range from $3-$5 per person, per day. Many people stay in Pedasi, about 5 hours outside of Panama City, which has many hotels, restaurants and shopping…..
Interested in land in Panama? Visit Panama-Land-for-sale.com to see properties for sale in and around Panama City, Boquete and Portobelo. Real estate prices in Panama have fallen—now is the time to retire or relocate to Panama! Click here for more information.
Panamanian beaches of the Isla Iguana Wildlife Refuge – also known as Iguana Island. Iguana Island, located on the Pacific Ocean, is about 200 miles southeast of Panama City. The island, which is over 140 acres in size, was declared a wildlife refuge in 1981. The area was used as a bombing practice site during WWII, and eventually a sole resident inhabited the island in 1960.
Today, the area is home to beautiful white beaches and a variety of tropical animals including birds, hermit crabs, whales, sea turtles, and it’s namesake—the green iguana. The entry fees to Iguana Island range from $3-$5 per person, per day. Many people stay in Pedasi, about 5 hours outside of Panama City, which has many hotels, restaurants and shopping…..
Interested in land in Panama? Visit Panama-Land-for-sale.com to see properties for sale in and around Panama City, Boquete and Portobelo. Real estate prices in Panama have fallen—now is the time to retire or relocate to Panama! Click here for more information.
Tuesday, June 16, 2009
Panamanian Real Estate to Level Out by Year's End?
According to the Association of Panama Realtors (API), in the first 5 months of the year, the demand for housing in Panama City fell 18%--good for buyers, and a temporary setback for owners……
According to Panamanian real estate analysts, the decline in property prices is a temporary situation. The past few months have resulted in an oversupply of inventory with reduced prices for potential buyers. However, real estate experts predict that recovery will come toward the end of the year as world economies strengthen. Large-scale development projects, while conducting business at a slower pace, are still under construction. Additionally, there ahs been a rise in investors from Central American countries, including Venezuela, Ecuador, Costa Rica and Colombia.
The latest real estate clientele in Panama are looking for economical apartments and hotel rooms, and maintenance and security are of primary concern. Experts claim that priorities and pricing will eventually level out….
Interested in economical properties in Panama? Visit Panama-Land-for-Sale.com to see properties, land, condos, and businesses for sale in Panama City! Capitalize on the development in Panama—Click here for more information.
According to Panamanian real estate analysts, the decline in property prices is a temporary situation. The past few months have resulted in an oversupply of inventory with reduced prices for potential buyers. However, real estate experts predict that recovery will come toward the end of the year as world economies strengthen. Large-scale development projects, while conducting business at a slower pace, are still under construction. Additionally, there ahs been a rise in investors from Central American countries, including Venezuela, Ecuador, Costa Rica and Colombia.
The latest real estate clientele in Panama are looking for economical apartments and hotel rooms, and maintenance and security are of primary concern. Experts claim that priorities and pricing will eventually level out….
Interested in economical properties in Panama? Visit Panama-Land-for-Sale.com to see properties, land, condos, and businesses for sale in Panama City! Capitalize on the development in Panama—Click here for more information.
Friday, June 12, 2009
New Developments in Panama Real Estate Market
Local Panamanian realtors have commented that some of the large free-standing homes and mansions have been put up for sale in recent months. Such properties are a rarity, due to the fact that most of the larger homes and mansions are passed down from generation to generation. However, due to a slight slowing of the condo market, and Panama’s increased profile as a “travel and investment hotspot”, these properties are selling very quickly as international investors look to Panama as a tax haven.
In Additional development news, this week, Hilton Garden Inn announced that it plans to enter the mid-priced Panamanian hotel market. The Hilton Garden Inn brand is one of fastest growing within the hotel chain. The new hotel will be a 17-story high rise on Calle Eusebio A. Morales and Calle Enrique Grenzier in the banking and commercial sector. The hotel has signed three multi-year agreements in Panama City--two management agreements and one franchise agreement.
Interested in investing in Panama land? Visit Panama-land-for-sale.com to see properties and land for sale in Panama. Click here to view properties, businesses, and land listings in Panama.
In Additional development news, this week, Hilton Garden Inn announced that it plans to enter the mid-priced Panamanian hotel market. The Hilton Garden Inn brand is one of fastest growing within the hotel chain. The new hotel will be a 17-story high rise on Calle Eusebio A. Morales and Calle Enrique Grenzier in the banking and commercial sector. The hotel has signed three multi-year agreements in Panama City--two management agreements and one franchise agreement.
Interested in investing in Panama land? Visit Panama-land-for-sale.com to see properties and land for sale in Panama. Click here to view properties, businesses, and land listings in Panama.
Monday, June 8, 2009
Good Time for Investment in Panama
Panama has gained international attention in the past few years, mostly due to economically-priced properties and a low cost of living…..
According to La Estrella, Panama’s real estate properties have begun to decrease, for the first time since the boom over the past few years. Buyers have become attracted to Panama due to the cost and quality of living.
Potential buyers may look to Panama right now to find significant deals. Although Panama has not felt the same effects as many countries suffering from the worldwide financial crisis, an estimated 99% of people have reduced the prices of their properties. Currently, properties are priced more realistically with the market. Luxury properties have declined within the city, but in the outerlying areas of Panama, prices have increased slightly. It is predicted that prices will level once demand increases, but investors
Now is the time to buy in Panama! Visit Panama-Land-for-Sale.com to view listings in Panama. Click here to view Panama land, businesses, and condos for sale in Panama.
According to La Estrella, Panama’s real estate properties have begun to decrease, for the first time since the boom over the past few years. Buyers have become attracted to Panama due to the cost and quality of living.
Potential buyers may look to Panama right now to find significant deals. Although Panama has not felt the same effects as many countries suffering from the worldwide financial crisis, an estimated 99% of people have reduced the prices of their properties. Currently, properties are priced more realistically with the market. Luxury properties have declined within the city, but in the outerlying areas of Panama, prices have increased slightly. It is predicted that prices will level once demand increases, but investors
Now is the time to buy in Panama! Visit Panama-Land-for-Sale.com to view listings in Panama. Click here to view Panama land, businesses, and condos for sale in Panama.
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