PANAMA REAL ESTATE, PANAMA PRECONSTRUCTION, BIENES RAICES PANAMA, PISOS PANAMA, PROPIEDADES PANAMA, PISOS PANAMA, INMOVEIS PANAMA, PANAMA CITY MAP

PANAMA CITY MAP

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1. Costa del Este

Near the airport, this is a suburban area fast growing with it's own grocery stores, schools and other services.

7. Albrook

Former military base has been converted to a residential area with one story homes and nice yards.

2. Punta Pacifica

High end, newly developing peninsula jutting into the Pacific near high end malls and luxurious high rise condos.

8. Clayton

Former military base is home to the "city of knowledge", great tax breaks and some nice rural housing and lots for sale.

3. Punta Paitilla

Luxury condos and developed neighborhood has some condo re-sales with fantastic views of the city and ocean.

9. Casco Viejo

Magnificent antique part of town is being renovated. French influence is obvious among these lovely facades.

4. Balboa Avenue

The banking and business center along the main ocean side boulevard that is the heart of Panama City. Home of Panama's business elite.

10. Amador Causeway

Nightlife, boating and tourism mecca, several projects underway that are excellent investment opportunities.

5. Obarrio

A shaded banking area with cafes, restaurants and hotels popular with business travelers.

11. Tucan Golf Resort

Former military golf course being renovated to offer golf villas and suburban style living.

6. El Cangrejo

Residential neighborhood with slight elevation and cooler weather and parks has several new high rise condos in construction.

12. San Francisco

Up and coming residential neighborhood centrally located close to the spectacular Multiplaza Shopping Mall, many new high rises are now in the area and more to come. Spectacular views of the bay and the city.

Real estate in Panama features Caribbean and Pacific waterfront and beachfront, island, highland, mountain, rainforest and agricultural property options. Property prices are affordable and on par with well-known locations 10 to 20 years ago, which is why, there are always excellent deals to be found.

Buying real estate in Panama is very similar to the way it is managed in other countries. Most properties have titles or can be titled, title insurance can be bought, traditional mortgages are available and Panama has foreign investor protection laws that guarantee the standard rights of land ownership.

Panama is becoming a popular vacation destination or country to retire, making Panama real estate investments very attractive to tourists, retirees and investors. Panama offers an excellent incentive program for retirees, great climate, lower cost of living, lower crime rate and tax advantages. For foreign investors, Panama provides several important incentives which include a US dollar based economy, Free Trade Zone, and international banking, among others.

Additionally, Panama’s real estate market has proven to be solid through the years, which is the reason why several international real estate firms such as Century 21 and Coldwell Banker have established franchises in Panama City. Major banks such as HSBC, Lloyds, and Citibank have established franchises as well in order to provide total financial services.

Furthermore, Panama has a global position, direct flights to major cities and technological resources and financial infrastructure, which are a great advantage for many investors.

Panama City has become a cosmopolitan modern metropolis - there are many rise buildings overlooking the ocean and the Bay of Panama. Exclusive residential areas like Marbella, Paitilla, Coco del Mar, Punta Pacifica and San Francisco offer a good range of apartments and condominiums for sale. Suburban residential areas in the former Canal Zone like Amador Heights, Balboa, Albrook and Clayton offer large and attractive single-family homes and condominiums.

Casco Viejo -- the oldest city on the Pacific Coast of the Americas -- has become a desirable place for real estate investment, encouraged by the Panamanian government Casco Viejo investment incentives for the restoration of the historic Casco Viejo district.

Outside Panama City, there are beautiful real estate properties located in popular destinations including, Chiriqui, El Valle, and Altos de Maria. Known mostly for their cooler climates, incredible flora and quiet peaceful atmosphere, real estate in the highlands of Panama are ideal for those interested in retiring abroad.

Bocas del Toro is another popular destination for Panama real estate. Most known for its crystal clear waters, rich Antillean culture, unique over-the-water architecture and laidback tropical atmosphere. In recent times, Bocas del Toro has become a booming center for European and American Expats, as well as an impressive number of tourists.

Real Estate Values in Panama and primarily in these Pacific Coast Beach areas has been appreciating very steadily, and as interest and growth increases so to do the real estate values.

For more information, please Contact Us.

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