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Panama Real Estate is on the Rise

January 23rd, 2012 | Posted by daniela in Panama Real Estate - (0 Comments)

Panama Real EstateWith Panama in control of its canal, Panama real estate has seen a large increase in funds and interest from investors and visitors from all over the world.  The booming economy has fueled the improvements made to the country.  Many of these improvements were made possible by expatriates and investors from America building hotels and purchasing retirement homes.  With this much capital being spent in the country, Panama retirement is an option for many.  The passage of the United States-Panama free trade agreement in October will pump even more people and money into the country.

Arguably, the most important improvements to Panama are being made to the Panama Canal itself, which is in the early stages of its expansion.  The project hopes to widen and deepen the canal and add two locks, essentially doubling the amount of cargo the canal can hold.  The expansion is expected to be finished by 2014, the canal’s 100-year anniversary.

With so much Panama real estate for sale, it’s no wonder many high-profile projects have been green-lit in the country.  These include The Panamera, the very first Waldorf Astoria hotel in Latin America (opening in June 2012); the Trump Ocean Club, the region’s tallest building; and the BioMuseo, a natural history museum that is a decade in the making.

Panama real estate is in high demand and the country’s continuing growth will create a lot of opportunities for visitors and tourists to take advantage of.

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What You’ll Find Living in Panama

January 16th, 2012 | Posted by daniela in Living in Panama - (0 Comments)

There are many sunny havens for people trying to escape from their normal, mundane lives.  But Panama has seen its star rise in the eyes of many vacationers looking for something different and special.  The museums, hotels, and even the famous canals are open to tourists and are constantly being improved.  So grab your bags and a camera and spend some time living in Panama. There’s sure to be something in Panama that’ll wow you.Living in Panama

Vacationers to Panama will be happy to know that the Caribbean coast is open to those looking to swim or sun out a bit.  Just four hours away from the capital lies the village of Pedasi, which can accurately be described as beach heaven.  With almost a dozen beaches in the vicinity there are plenty of opportunities to enjoy the wonders of the Caribbean.  And with this many options, surfers can find scores of chances to hit the waves with a variety of breaks for both beginners and pros.  Makes you think about moving to Panama doesn’t it?

Want to soak up a little history and culture?  Panama City’s historic Casco Antiguo (Old Town) has a 17-th century cathedral and many old mansions to explore and learn about.  Natural history buffs will be thrilled to know that the BioMuseo will open this winter with a series of rain-forest-like gardens and biosphere galleries.  Be sure to plan ahead as this has been a project people have been waiting to experience for a decade.

When you read about all that’s there to see and do, it feels like living in Panama might be a great choice for you.

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Living In Panama, On the Ocean

January 9th, 2012 | Posted by daniela in Living in Panama - (0 Comments)

moving to panamaLiving in Panama means you can reap the benefits of bathing on the beach.The salt is good for your hair and skin, it sloughs the dead stuff off and rejuvenates you to feel alive. The sun offers Vitamin D and natural happiness; it’s what humans are supposed to expose themselves to every day for about 20 minutes. After that, put on some sunscreen. You don’t want to overdo it.

Plus swimming in the ocean is a good way to get daily exercise — bobbing in the waves isn’t easy and swimming in general is a great form of cardiovascular training. And the beauty of the Gulf of Panama with its palm trees and sweet-smelling breezes; its teal waves and languid white sands — it’s all so paradisaical.

And it’s never too cold or hot. The daily temperatures usually range from 75 to 90 degrees, which means it’s always the perfect weather for a dip. It’s especially nice when your Panama real estate is right on the beach so that you can claim and familiarize yourself with a special swatch of sand where you lay your towel and sandals every day.

If all this sounds like a dream, it doesn’t have to be — look into moving to Panama today.

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Why Living In Panama Is Easier

January 2nd, 2012 | Posted by daniela in Living in Panama - (0 Comments)

panama retirementPanama is a special place. The Panama Canal is a large reason for Panama’s economic success; 77% of their GDP comes from their service sector, of which the canal and all of its container ports, flagship fees and tourism form a large part.

Such a successful economy means that living in Panama is easier than living in a country such as Bolivia, which is the poorest South American country, and one of the more dangerous besides.

Plus tax and price discounts for moving to Panama exist as incentives, and the parity between the American dollar and the balboa, the Panamanian currency, make it so that dollars are easily traded and used. Living in Panama is a lot like living in a more tropical, less traditional part of the United States.

Why wouldn’t you choose Panama retirement? The alternative, retirement in a typical American suburb, is so boring, repetitious and blase; while the former provides opportunities for adventure and tranquility different from the traditional Florida retirement experience.

The beaches in Central America, Panama particularly, are some of the world’s best. Clean white beaches, turquoise waters and island breezes blowing over the sea provide an ideal retirement setting. What more could you ask for?

 

 

 

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Your Diet in Panama

December 27th, 2011 | Posted by KristinG in Living in Panama - (0 Comments)

One thing that a lot of people forget about when moving to a foreign country to live is that their diet is going to change dramatically. This is a potential problem for picky eaters and for those who have dietary needs for their health. But when moving to Panama, this is less of a trial and tribulation than moving to other countries.

When you first go out to a restaurant in Panama, the one thing you might notice is the lack of fresh fruit on the menu. While it is true that fruit is plentiful and delicious in Panama, it is not served as readily or as often in restaurants here when compared to other countries. However, that doesn’t mean that fruit is not available here. On the contrary, fruit is readily sold in carts in marketplaces, on the beaches, and even along side the road. As long as you wash it before consuming, it is a great source of nutrition and you can get a small thrill from eating locally.

Living in Panama will also provide you with a lot more fish in your diet than you might have previously had. Shrimp, corvina (a fish found in this region), and ceviche are all staples of Panamanian cuisine.

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Purchasing Panama Real Estate

December 19th, 2011 | Posted by KristinG in Panama Real Estate - (0 Comments)

Buying a home is potentially a very stressful and nail biting experience. You need home owners insurance, enough money or a mortgage to pay for the home, an inspection is sometimes required, and there is a massive amount of paperwork to go through that usually requires a lawyer. Now imagine trying to do that out of the country! It’s enough to make you shudder, right? Wrong! Purchasing Panama real estate is actually almost as simple as living there, especially if you live in a gated community.

You can find many gated communities that have fantastic amenities like pools, tennis courts, and easy move ins! You can definitely bet that you’re moving to a well kept and beautiful place when you choose a community like this. They usually have something like a home owners association that manages the upkeep and care of the buildings.

Also, when you move there you will find that the Panama cost of living is significantly lower than other countries like America. You might find a brilliant, large, and beautiful home in a gated community for $300,000. Compare that to the New York City price of $600,000 for a small, cramped one bedroom in a decent neighborhood.

Really, purchasing a home should be easy, stress free, and somewhat relaxing. That’s exactly what Andromeda Pedasi is trying to achieve!

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Something for Everyone in Panama

December 12th, 2011 | Posted by KristinG in Living in Panama - (0 Comments)

When you retire, you have more time to do the things that you love to do. You have more time for hobbies, family, and relaxing than you’ve ever had. So why not go to a place that has something to do for you and your spouse, regardless of your hobbies or preferences on how to spend your new found free time?

Living in Panama offers you so many options of great activities. Some people like to lounge by the pool, while others really love to get up and explore! Panama can offer you all of that.

If you’re into fishing, there is a huge attraction in this area called The Tuna Coast. It’s some of the world’s best deep sea fishing and is abundant in yellow fin tuna, wahoo, dorado and other great catches!

If fishing isn’t your style, maybe you could visit the Isle Iguana off the coast. It’s a protected wildlife refuge with some of the most beautiful coral and wildlife in all of Panama.

So you see, living in Panama doesn’t have to be all crosswords and knitting needles. This was a place designed for relaxation and adventure. So strap on your scuba gear, pick up your fishing rod, lace up your hiking boots, and get going!

Retire to Panama

December 5th, 2011 | Posted by KristinG in Living in Panama - (0 Comments)

Many retirees are looking to move to south after their working days are behind them. The snow is hard on older bodies and shoveling the walk might not be as appealing as it was when they first moved into their homes. Warm breezes, walks on the sand, and swimming in luxurious warm pools are exactly what retirees are looking for nowadays.

Some want to shuffle their way down to South Carolina or Florida, but more and more the retiring population is looking toward Panama. Panama retirement is so appealing for many reasons. First, it’s incredibly beautiful and warm which, as stated previously, is what every retiree is looking for. Secondly, it’s safe. There are many secure gated communities in Panama that cater to the retirement crowd. These communities have fantastic luxury amenities like luxury pools, private beaches, and tennis, basketball, and volleyball courts.

Panama retirement is looking more and more like a way of living for the future generations. Especially when you consider the most important part of retirement which is monetary control of assets. The cost of living is incredibly easing on the wallets of the older populous. In Panama, retirees can live out their days in peace and with peace of mind. And possibly a mai tai cocktail by the pool!

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Cost of Living in Panama

November 28th, 2011 | Posted by KristinG in Living in Panama - (0 Comments)

I’ve sometimes said that there’s an exchange rate between New York City and the rest of the world. I used to live in Western PA and I noticed the huge jump in price in everything from a gallon of milk and a tank of gas to the cost of a hamburger in a fast food restaurant. Everything is more expensive here.

Living in Panama is very similar in that it also seems to have a cost of living exchange rate, except in the opposite direction of New York. Here in New York, buying a place to live is almost impossible because it’s so expensive. Panama real estate is significantly cheaper. A one bedroom apartment on the Upper East Side of Manhattan will cost you over half of a million dollars. A beautiful two bedroom house in a really nice area of Panama will cost around $150,000.

It really depends on how you live, but there’s no denying that the Panama cost of living is a lot lower than here in the United States. If you lived like a king in New York City one single meal could cost you around $200 at an expensive restaurant. Living like a king in Panama, an entire month of eating at fancy restaurants in Panama will cost you $300.

Yes, there is an cost of living exchange rate in Panama, but in favor of the person who is lucky enough to live there!

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Welcome to Pedasi Panama Guide Blog!

November 14th, 2011 | Posted by KristinG in Living in Panama - (0 Comments)

Cool breezes, tropical palm trees, blue water, and relaxation are not that far away. No, I’m not talking about moving to a small, stuffy retirement community in Florida. I’m talking about the peace and quiet of living in Panama!

Think of what the breathtaking waters, the relaxing sea air, and the quiet country living could do for you in retirement, or just on a vacation! Relocating to Panama might be the best decision you’ve made in a long while, for both your health and your mental sanity.

If the clear water, warm weather, and relaxing atmosphere weren’t enough incentive, the cost of living in Panama is incredibly low and a great way to save during your vacation or retirement. This place is truly a paradise.

Whether you’re looking to move to Panama permenantly, are looking for a vacation home, or just want some of that pearly white sand between your toes for a little getaway, look no further. This blog will give you the best tips about living in Panama and help you to find the best places to start your retirement. So sit back in that lounge chair, grab some sunscreen and your biggest beach hat, and check back to the blog for news and tips about your relocation to Panama!

 

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