As of July 1st, President Ricardo Martinelli has been in office for three years and has two years left in his term. During that time, he has accomplished a number of his campaign promises but has also seen his approval rating plummet from one of the highest of any elected official down to well below 50%. His “my way or the highway” style of government has been both a … [Read more...]
Santa Fe, Panama real estate from $45,000
(International Living) In Panama’s Veraguas Province, Santa Fe looks exactly as a Central American village should. After the modern skyline of Panama City—a shock if you were expecting to encounter the Third World—Santa Fe is a relief. The “real” Panama. Ah, yes, here it is. And here, it exists in its most exemplary form. The prettiest mountain views and the most welcoming … [Read more...]
Mano de Tigre: New Casco Viejo Real Estate Project
(Arco Properties) Most people that has been following up Casco Viejo know how difficult it is to find spacious units, specially over two bedrooms. You basically have to build your own home from scratch using quite a large property to get beyond that. That is quite normal in historic districts, where there are very limited opportunities to develop larger homes, and this is … [Read more...]
Exploring the Panama Real Estate Market
(Panama Equity) The luxury sector in the Panama city real estate market has seen a resurgence in the first two quarters of 2012 compared to the same period last year. Real estate developers for high-end projects have been reporting steady absorption in the $1,000,000+ price point. Most recent May sales include several units in Bahia Pacifica and The Point, both of which are … [Read more...]
Live in Panama’s Highlands from $800 a Month
(International Living) “Buenas,” he says, nodding his head as he rides past. Leathery tan on a face framed by a worn cowboy hat, he’s the very picture of a Marlboro Man. Except he’s Panamanian. I’m sitting in an ancient Lada Niva—a Russian 4×4 made for rugged terrain. We’ve stopped so our cowboy (and his herd of cows) can pass safely. It’s a chance to take in the view… In … [Read more...]