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Panama Investment Property - 06 June, 2011
The Central American country of Panama is attracting investors due to a wide variety of factors, but among them are a low cost of living, affordability of properties, tax benefits, and great accessibility.  Panama’s tax structure and laws encourage all kinds of investment, but are particularly attractive to real estate investment.  Panama’s values have held steady during the economic downturn, and investors have noticed the country’s stability and are investing in response.

The baby boomers are beginning to buy second homes or retirement properties, and many of them are choosing an offshore location.  Panama is increasingly on the radar for these people.  Whether you seek to own a property, sell your property in Panama, or purchase property for investment purposes, now is the perfect time to make a move.  Panama is a country that many people say ‘feels like home’ from the minute they arrive.  

Panama City, about 30 minutes from Tocumen International Airport, offers high-rise condominiums, apartment complexes, and commercial properties, as well as homes of every size, variety, and value.  Offshore investors are offered the same property rights as Panamanian buyers, and a wide variety of laws and regulations protect investors’ money and Panama property.  

Residential purchasers have many options, including apartments or condominiums in one of the high-rise towers being built in Panama City.  These offer the opportunity to use them as holiday apartments, and if you purchase one while the building is under construction you can often negotiate substantial savings with the contractor or purchasing agent.  Once the building and your unit are complete, the final closing takes place and you can place it on the holiday market, letting your property make money for you.

Panama is a very stable country with a low crime rate, potable water, and great infrastructure.  Especially toward the more metropolitan areas, the U.S. influence is easy to see as the U.S.  Dollar is the main currency and many people speak English.  Panama’s economic growth was over 6% in the early months of 2011, a figure much higher than many other areas of the world.  Construction and business are booming, making business investment a perfect option.  As the baby boomers move into Panama, they will require housing, food, and other services, and the opportunity exists for good commercial investments.

Panama is the perfect location for every kind of investment property right now, from commercial buildings to residential condos.  Those considering including real estate in their investment portfolio should look to Panama for a blueprint on how to do it right.

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