The luxury condominiums that are best suited for expats are located in the heart of the Gold Coast (i.e. Coronado and, most recently, Nueva Gorgona.) While both of these areas are amazing communities to live in, they’re just under an hour’s drive from Panama City. For jet-setters who travel frequently or those who’re looking for more privacy, Casa […]
If Latin America had parents, Panama would be their favorite child. Their trophy wall would be cluttered with honorable titles: Largest banking center in Latin America. Fastest growing economy in the hemisphere. #1 Place in the world to retire. Even the pickiest checklist would be cluttered with green check marks, as year after year Panama continues to improve. […]
When vice president Juan Carlos Varela won the presidential election, plenty were happy, some were upset, and some….well, some didn’t know how to feel about it. After all, Panama has seen unprecedented growth under Ricardo Martinelli, the outgoing president. During his term, Panama become home to the fastest-growing GDP in the hemisphere. Massive economic strides were […]
If you were to take a stroll through the streets of Nueva Gorgona, you would be more charmed than impressed. It’s a classic tropical community- the type that features simple homes, men in straw hats carting wheelbarrows of coconuts, kids bicycling between houses in that American 1950’s-esque fashion, and scruffy yet friendly dogs roaming the streets, […]
Anyone keeping a close eye on coastal real estate in Panama knows about Nueva Gorgona. Its prime location, supreme beauty, and up-and-coming atmosphere have captured the interest of those looking to get in early on Panama’s next big beach town. As one of Coronado’s first expat residents, I’ve had many years to grow intimately familiar with Gorgona, our neighbor to the East. This last […]
Those reading of Panama from a plane ride away have heard of Coronado. They know of its rampant growth, its well-coveted condos, the vast assortment of shops, supermarkets, and restaurants. They know how quickly it has risen from a sleepy beach town to becoming the heart of Panama’s Gold Coast. What they don’t know is that, […]
If Panama’s Gold Coast were a sports team, Playa Coronado and Gorgona would be the two MVPs. When deciding which MVP you want to be rooting for (i.e investing in)- you need only answer these questions: 1. Are you looking to move in, or strictly to invest? and (if you choose #1): 2. Are you looking […]
What is it about the seaside that we find so irresistible? Maybe it’s the sound of sapphire waves lapping peacefully against the shore. Or maybe it’s that feeling of sand beneath our feet, softening our soles as we comb the coastline for sand dollars and starfish. Whatever the appeal may be, it’s clear that it’s not […]
Are investment “rules of thumb” different in Panama? What special considerations does the Panama real estate market necessitate? I used to think that “what’s good for the gander is good for the goose.” In other words, when I moved to Panama in the early 2000’s from Australia (and after a few years many years of traveling […]
Retirees (and soon-to-be’s) have long made up a significant portion of my clientele. Panama’s ranking as a top retirement haven has dawned a new era of international attention, and baby boomers were amongst the first to pack up and make way for the tropics. Lately, I’ve noticed a new trend emerging on the Panama real estate […]
Pre-construction real estate investment in Panama is on the rise. I can’t say I’m surprised, either. When the government announced its multibillion-dollar Panama Canal expansion, I knew prices would once again climb upon completion. The Panama Canal’s Effect on Real Estate Besides attracting thousands of international buyers to Panama, the Canal (whether directly or indirectly) has […]
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