The Truth About Investing in Panama City
Date: 04/25/2008Saturday, April 26, 2008
Get more international real estate investing advice in International Living Postcards—Saturday Edition
As world real estate markets settle out from years of rapid appreciation, rental yields are one way to continue to diversify your property investment portfolio.
Read OnRanches and Beach Houses in Panama From $65,000
Date: 04/09/2008
Thursday, April 10, 2008
Las Tablas, Panama
Read more about real estate in Panama in International Living Postcards—your daily escape
The bargain-beautiful Panama we’ve been writing about for years is alive and well…especially in Las Tablas, province of Los Santos. This little colonial town differs from hot retirement destinations like Panama City, Boquete, or Bocas del Toro. It’s in an area surrounded by farms and ranches, and that makes the climate, the landscapes, and the people unique.
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Spotlight on…Sora, Panama
Date: 03/31/2008
City, mountains, forest, beach—buy half an acre in Sora for less than $80,000
by Jessica Ramesch
With altitudes from 1,200 to 3,400 feet, Sora is a settlement in the mountains of Chame in Panama, first populated centuries ago by the tribes of the Caribs. Its location is unbeatable. Unlike the popular retirement destination of Boquete, Sora is just 60 miles—about an hour and a half by car—from Panama City. It’s also 45 minutes from some of Panama’s best Pacific beaches, known as the “dry arch” beaches because they get less rain than the rest of the country. The area is verdant with mountain views that rival those in Boquete—a town that has become a success story since expats began flocking there some years ago. This is one of the reasons we think property prices will appreciate here.
Read OnSave Over $100,000 on Property at Panama Auctions
Date: 03/26/2008
Thursday, March 27, 2008
Panama City, Panama
Read more about Panama in International Living Postcards—your daily escape
Before you join the expats and investors flocking to Panama City, there’s one area you must know about. Possibly the most popular among expats today is the Canal Zone, which was formerly a U.S. military zone and is still referred to as las áreas revertidas, or the “reverted areas.” Here, the Ancon district encompasses neighborhoods such as Diablo, Cardenas, Los Rios, and Amador.
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$40,000 Lots in Panama’s Best Mountain Location
Date: 02/11/2008
Tuesday, Feb. 12, 2008
Panama City, Panama
Read more about Panama in International Living Postcards—your daily escape
Sora gets my vote for best place to retire in Panama for three simple reasons:
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Spotlight on...Volcan, Panama
Date: 01/31/2008
by Patrick McGreer
Some expats are impatient for a new road called the Ruta Sur (south route) to be completed, while others worry that greater accessibility will change their sleepy mountain town for the worse. The road will link Volcan to Boquete, one of Panama’s top retirement destinations. If you’re looking to buy in Volcan, this road is of the utmost importance. Large tracts of land that were inaccessible will become easy to reach, and, in many cases, property prices will rise. The real estate industry is booming in Boquete and houses that cost less than $100,000 five years ago now sell for $150,000 and up, with some asking prices in the $300,000 to $400,000 range. With a new direct route from Volcan to Boquete, the same will begin to happen in Volcan. The road should be completed by March 2009.
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“Panama City wasn’t our first choice, but turned out to be our perfect retirement haven.”
Date: 01/31/2008
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You CAN Get a 90-day Tourist Visa for Panama
Date: 01/30/2008
Thursday, Jan. 31, 2008
Panama City, Panama
Read more about Panama in International Living Postcards—your daily escape
Last May, the Panamanian government passed a new law, completely out of the blue, reducing the amount of time tourists could spend in the country. U.S. and Canadian tourists, who were always accorded 90 day stays upon entering the country, were suddenly only given 30. Sure, many applied for and got extensions of up to 60 days, but what a pain…who wants to deal with red tape in a government office when you ought to be sipping cervezas on the beach?
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