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The Canal Can Take You Anywhere

January 31st, 2012 | Posted by KristinG in Living in Panama - (0 Comments)

Looking for Panama real estate for sale is kind of like looking for a home in an airport. Doesn’t that sound appealing? Well, let me explain. An airport is kind of like a gate to anywhere. From Detroit you can make it to New York, LA, Hong Kong, London, Rio, and countless other places. It’s only a hop, skip, and a jump to anywhere in the world. Having the freedom to move about the globe in that fashion is a great feeling!

Living in Panama is a little like that. When someone mentions Panama most people immediately think of the canal. While the Panama Canal’s history and importance make it famous, what many people don’t know is how many different places they can go from this little tiny slip of water.

If you’re thinking of heading to Costa Rica, just hop a ship! You can also find cruises to Hawaii, Cartagena, The Bahamas, and Mexico. It’s like having a little slice of transport heaven right in your own backyard. It’s great for retirees who moved here for the ease of living and the low costs but still want to see the world.

You might be tempted to stay in Panama and you’d be absolutely right in doing so! The rain forests, beaches, and life in general is beautiful. Traveling from Panama is easy, but it’s also amazing to come back home to such a remarkable place.

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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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