(Eye on Panama) If you are looking for an exceptional buy on an exceptional apartment you owe it to yourself to see our apartment. Located in Bella Vista in an area close to Parque Urraca that is quiet but within walking distance to great restaurants, banks, a major grocery store, laundry, dry cleaners and almost any other need you might have. The apartment is in a … [Read more...]
Panama Exposed and Uncensored
If you think that International Living paints only rosy pictures or only tells you about the opportunities and goody-goody side of expat life, you haven’t been paying attention…and you surely haven’t attended an International Living live event. Like the just-ended 2011 International Living Live and Invest in Panama Seminar. You might have thought it was “Panama Exposed … [Read more...]
Distressed Real Estate in Panama
(International Living) From 2004-2007 around half the buyers of prime waterfront condos came from the U.S. I’m speaking at International Living’s Live and Invest in Panama Conference. One of my presentations is an overview of the real estate market in Panama. It’s not a pretty picture… From 2004-2007 (Panama’s property boom years) around half the buyers of prime … [Read more...]
Panama Real Estate: The Prices Are Still Unbeatable
(Panama Gringo) In spite of a recent decline in the real estate market in the states, when compared with real estate prices in Panama for comparable homes are similar or far lower. I often browse and search through real estate listing in Panama just to see what is out there and what is being asked. Property in areas like Pedasi or Boquette interests me in particular … [Read more...]
Los Faros bankruptcy leading to calls for real estate regulation
(Newsroom Panama) Leading realtors in Panama are calling for reforms to the real estate industry following the $100 million failure of the Los Faros project. Hundreds of investors, lured by promises of 170% returns have only a hole in the ground and some early concrete pouring in Punta Pacifica to show. The developer, Grupo Mall, owes an estimated $100 million … [Read more...]