There was a time when Panama’s real estate market was considered the 2nd best place to invest.
Only Dubai was a better place to buy property.
Then came the real estate market collapse.
Dubai real estate market crumbled almost overnight.
Panama’s Economy Is Thriving
However, the Panama real estate market remained steady. In fact, it continues to grow today.
Many now consider Panama as the best place in the world to buy property.
Unlike the most other places in the Americas, Panama’s GDP grew by 11% in 2012.
The International Monetary Fund and many others predict that Panama’s growth will continue for years to come.
One result of all this prosperity is a strong demand for real estate.
This means investing in Panama real estate continues to be a very profitable option.
If, as predicted, Panama’s growth continues, it could be the easiest and most profitable real estate investment you have ever made.
Not The 3rd World
Panama is not a third-world country.
Due to the Panama Canal, among other factors, Panama City is a modern metropolis.
Its skyline line is populated with skyscrapers, making it a beautiful sight as you sail into port or fly over it.
Development and construction in Panama City continues to be very active.
But growth in Panama is not limited to its capital city.
Variety of Property With A Strong Upside
Many areas of Panama are growing. This means you can expect an upside market in a variety of place in Panama.
This works out well since the modern urban lifestyle of Panama City is not for everyone.
In fact, some people come to Panama specifically to get away from such things.
Panama real estate for sale is also signifcantly cheaper outside of Panama City and its vicinity.
- Peaceful untouched places in the interior of the country
- Farms and ranches
- Small towns such as Puerto Arumuelles, Boquete, Volcan, and others
- Smaller cities like David
It’s easy enough to choose your level of urbanization in Panama.
One thing to never forget when it comes to Panama is the beach.
And there is plenty of that to go around.
There are miles and miles of beaches stretching along both the Pacific and the Atlantic.
Much of it is undervalued and for sale.
Plenty To Enjoy
There are so many opportunities to simply enjoy nature, as well.
There’s rafting for the more adventurous, fishing and hiking, bird watching, and other natural pursuits.
Yet, because of the shape of the nation, one is rarely far from more city-based comforts, even for those who have property in the wilderness.
Panama City is one of the oldest cities of the New World itself, established in the 16th century. Some ruins of those first structures still stand today.
History buffs will enjoy seeing Old Panama and other remnants of the first Spanish explorers to set foot in what would become the nation of Panama.
No matter what your interests, or your goals for the future, there is something for everyone in Panama.
Which is yet another very good reason to consider investing in property in Panama.
Find Your Investment
Use our property search tool on the home page to find the type of property you desire.
Or simply go here to see our Panama property listings.
If you have any comments or questions, please ask them below.
Powered by Facebook Comments
You may be Interested in these posts too: