If you are planning to move to Panama City, it can be difficult to pinpoint which neighborhood to move to. Do you want to be somewhere quiet or in the middle of everything? Or be in a house or an apartment? Or want an oceanview? This bustling metropolis has it…
Has The Bubble Popped In Panama City?
Let me tell you the truth. The bubble popped in Panama City! Finally! After years of big buildings going up and no one going in. After several attempts at continuing with a seller’s market, reality finally stepped up and we are experiencing a drop in prices, especially in rent that…
Panama Gets First ‘Luxury Collection’ Hotel
Marriott International Hotel says the newly-opened Santa Maria Hotel and Golf Resort is the first Panama hotel to be added to its international five-star “Luxury Collection,” which features “world-renowned hotels and resorts offering unique, authentic experiences.” The 182-room Santa Maria is the centerpiece of a fast-developing area near Costa del…
Inside Homes On Man-Made Islands In Panama
The prestigious Robb Report has put the spotlight on Ocean Reef Islands, the luxurious man-made islands accessible by a 500-foot bridge from Punta Pacifica. The islands are the “very first pair of artificial real estate islands” in Latin America, the Robb Report article notes. Ocean Reef is made up of…
Ritz Carlton Pearl Island Puts Panama On Jet Set Map
As the plane flies over Pearl Island, it’s hard not to be struck by the beauty of the island. Located about 45 miles off the coast of Panama City, the lush landscape is the postcard image of a tropical paradise. [adrotate group=”11″] PPR president Duncan McGowan and I were flown…
Premium Panama City Penthouse Available for Sale (or Rent)
One of Panama City’s most sought after penthouses has returned to the market, offering the allure of living on top of one of the city’s most fashionable towers. The 4,284-square-foot, three-bedroom customized apartment is on the 73rd floor of the Yoo Panama, the stylish tower on Avenida Balboa. The apartment,…
Panama Property Investors Look To Amador Causeway
As Panama City continues to grow, property investors are looking for new opportunities. In recent months, potential buyers are starting to show more interest in projects on the edge of the city, such as Amador Causeway, which offer convenient access, without the noise and congestion. Brokers throughout the city are…
Five Stories That Defined Panama Real Estate In 2016
Years from now the Panama real estate industry will look back on 2016 as a turning point, a key year in the evolution of the business. In many ways, Panama City came of age as a mature market, with deal activity and pricing reflecting the growing interest in Panama real…
How To Sell Your Home In 10 Easy Steps
After weighing all the factors, you’ve decided to sell your property. Now what? Whether a family property, a second home or a prized investment, the decisions you make can save or cost you thousands of dollars. The process in Panama is secure and straight-forward, but it’s essential to take the…
Seven Questions To Ask Before Renting An Apartment In Panama City
Here are seven questions that you should always ask a landlord—and the answers you want to hear: 1.What’s included in the rent? You always want to confirm exactly what you are getting for your money. Typically there are four different kinds of deals in Panama City—turn-key, with everything included except…
Hyde By Wanders & Yoo Begins Construction In Marbella
The latest project from renowned developers Yoo, has initiated construction. The project is called Hyde by Wanders & Yoo and is located in the exclusive area of Marbella, at the exit of the South Corridor. This residential project consists of two towers with apartments designed to offer owners a beautiful and spectacular view…
Demand Growing For Panama Industrial Space
Panama’s expanding economy is fueling demand for industrial and logistics space. Warehouse projects are sprouting on both sides of the Panama Canal, and they are filling up almost as fast as developers can build them, according to a new report. The vacancy rate in industrial space in Panama was 8.8 percent in…
What Is Happening With The Panama City Rental Market?
Our investor clients are asking a lot of good questions about the Panama City rental market. They are eager for accurate information, as they see a swirl of economic news, daily reports on the Panama Papers scandal and vague references about market trends. As the largest residential property management firm in Punta Pacifica,…
Panama Government Focussed On Expanding Amador Causeway
What’s the next hot area for Panama City? All signs point to Amador Causeway, the unique strip of islands at the entrance of the Panama Canal, which is getting the full attention of the Panama government. The Spanish company C4T, a specialist in developing tourist areas, has been hired to…
What’s Next For Panama City Real Estate?
In many ways, 2015 was a key year for Panama City’s real estate market. There was a return to normalcy, as more and more buyers from around the world decided the local market represented a solid investment. The result was a steady increase in sales activity and pricing, driven by…
Panama Economy Continues To Post Strong Results
While the rest of the world continues to struggle, the Panama economy is chugging along, posting healthy gains. Panama will close 2015 with economic growth of 6 percent for the year, one of the highest in the region, Minister of Economy and Finance Dulcidio De La Guardia said this week.…
Five Reasons You Shouldn’t Manage Your Own Property
An apartment in Panama City can be a perfect combination of fun and investment. On one hand you can rent it to one of the local corporate executives for a steady revenue stream. Or you can use it for a vacation home in sunny Panama. But an apartment can be…
Final Apartments Available At Trump Ocean Club
Sales of apartments at the Trump Ocean Club, the iconic Panama City tower, are entering their final phase, after a surge in purchases in recent months. There are less than 50 apartments left for sale in the building out of 635, according to a recent analysis by Punta Pacifica Realty.…
New Influx of Euro Buyers Hits Panama City Real Estate
As real sales activity increases in Panama City, a subtle shift is occurring in the buyer demographics. For the first time, we’re starting to see a significant increase in the number of buyers from Europe, part of the growing globalization of Panama City’s property market. European buyers have always been…
Panama City Real Estate Is Going Social
A new wave of modern technology is sweeping the Panama City real estate market and it can be a big advantage for savvy property buyers and investors. Punta Pacifica Realty (PPR) representatives are joining more and more agents and real estate professionals in using chat programs with apps like WhatsApp,…
Five Tips for Making Money in Panama City Real Estate
Panama City is attracting international property investors in growing numbers these days, lured by the booming economy, reasonable prices and the city’s waterfront beauty. In many ways, it’s also one of the easiest and most secure markets in the region, with an established system based on first-world business practices and…
Top Real Estate Analysts Name Panama City as ‘City of the Future’
Respected international real estate consultancy Knight Frank has named Panama City a “City of the Future,” citing the growing number of the world’s wealthiest individuals calling the Panama capital home. Investors are attracted by the strongest economic growth offered in the region and also a very competitive tax environment, says…
International Investors Fuel Panama City Real Estate Growth
The tides of Panama City’s real estate market have shifted in recent months, as the country’s economy continues to grow and international investors return to the market. Today’s market is very different than a year ago, with sales and prices rising at a slow-but-steady pace, according to a new market…
Purchasing Panama Real Estate INFOGRAPHIC
Thinking of buying real estate in Panama? Here’s an infographic by Panama Offshore Legal Services where they show you what you can get with a real estate investment, including comparisons between location, size, and types of properties: