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Featured Projects Sfera
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| Panama |
Majestic residential apartments located at Avenida Balboa, between the streets October 12 and Av. Republic of Haiti: the best area of Panama City. A building located in the coastal belt, totally renewed area, with eternal view of the ocean. A project developed by the architectural office of great prestige, Pinzón Lozano y Asociados that will be delivered by the year 2011. One of the most elegant towers of Panama City!Sfera has spaces aimed at your convenience, rest and security:
Look no further! Book your apartment now! Still can choose the best apartments! You can still buy at pre-construction prices! |
Panama Real Estate News
| Real Estate Is Going South, In This Case Straight To Panama |
Real Estate Is Going South — In This Case Straight To Panama
By MARILYN ALVA
A Florida developer is making hay while the Sunshine State wilts in cloudy weather. Todd Gates has headed from Naples, Fla., to Panama, where real estate market conditions are presently much sunnier. This sliver of a nation south of Costa Rica links Central America to South America. It has coastlines on the Atlantic and Pacific and lush mountains in between. Here, Gates has found his idyll: a revenue base not tied to boom-and-bust Florida. Panama is where he's now developing resorts, commercial buildings and residential areas worth $25 million to $500 million each. "I spent two years visiting every Caribbean island and Central American country," Gates said. "Panama had exactly what I was looking for." Gates liked that the service-based economy, growing nearly 9% a year, wasn't tourism-centric but diversified with banking, commerce and shipping. Panama is home to the world's second biggest free-trade zone. The $5.2 billion expansion of the Panama Canal should help keep the economy pumping. |
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