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Living in Panama: Pedasi

February 13th, 2012 | Posted by KristinG in Living in Panama | Panama Real Estate - (0 Comments)

Pedasi is a small fishing village at the south-east tip of the Azuero Peninsula. It has a small population of about 2,000 people and is one of the most beautiful places in all of Panama. If you are considering moving to Panama, listen to the Panamanian government about where you should live!

The government of Panama is making significant investments in this small town. They even promote it as the top tourist destination, second home location, and place to retire in Panama. If their word isn’t good enough, maybe you should just take a look around town. There is major construction on a brand new modern hospital. A new airport is being constructed along with highway expansion, and even a new luxury resort hotel planned by Sheraton Panama City Hotel.

Andromeda Ocean Estates is only a kilometer from this amazingly charming little town. It’s got stunning views and with just a few steps to the little village of Pedasi, this is a great relaxation spot!

Pedasi looks over the great beaches of Playa Garita and Playa El Toro where you can enjoy great sports or just dipping your toes in the sand.

With all of these improvements and government interest, this is definitely the top spot to visit in Panama.

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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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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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