Words from Our Happy Customers
Panama News The Paradise that is Panama
| The Paradise that is Panama |
 |
 |
 |
| Written by Panama Real Estate |
|
And staying in that line, to start today's sessions we heard from Margaret Summerfield, Managing Director of Pathfinder. Pathfinder is a global real estate company located here in Panama that specializes in relocating to this tiny paradise. She painted an incredible picture of a country that is at once beautiful, booming, affordable and friendly.  Contrary to what some may think, Panama offers a diverse, yet very temperate climate. Temperatures average in the 80s on the beaches and in the city year-round. But in the highlands region, the temperatures can cool down enough at night to require some heating. Panama essentially has two seasons - the dry season which lasts from January to April, and the rainy season from May through December. But the rainy season is more akin to summer in Florida. You have hard drenching rains for a couple hours a day and then beautiful sunshine for the rest of the day. Standard amenities here are all "first-world" level. From cable TV to Internet to phone service. The country is accessible by air from virtually anywhere in the world. The roads are well-maintained and the stores offer some of the best shopping in Central America. The malls are populated with some of the most recognizable names in the world. And at largely affordable prices. |
Panama Real Estate News
| Panama Real Estate Boom is REAL |
Panama is a healthy, growing economic phenomenon following a carefully orchestrated plan.
BY JON HANNA In a guest column in Latin Business Chronicle, September 26, Walter Molano claimed that “the real estate boom in Panama City may be a bubble”. He also argued that Panama’s infrastructure is inadequate to meet the newly built apartment boom in Panama City. “Although the newly built towers are beautiful, the roads are atrocious, the hospitals are inadequate, and the pollution is rampant.” I interviewed attorneys, real estate brokers, property developers, and even an economist. No one disagrees that Panama is booming. Major international companies, retiree’s world wide, Expats looking for second homes and investments are discovering the numerous advantages of Panama. Even the columnist agrees, “Panama is booming”. He also wrote, “The economy is growing more than 6 percent y/y, with the possibility of exceeding 7 percent this year.” |
| Read more... |