The Cinta Costera, or coastal belt is a 25 hectare land fill that will go in along Panama’s scenic Balboa Avenue. Of the 25 hectares, 20 hectares will be maintained as parks and green areas, the remaining 5 hectares are going towards bike paths and 4 lane highway, which will greatly alleviate the current traffic situation in Panama City. The fill material will come from the excavations of the Panama Canal expansion.

The cinta costera, along with the clean up of the Bay of Panama which is currently underway, and forcasted to cost 350 million USD and take between 10 and 15 years to complete should do wonders for the beauty, quality of life, and of course property values of Panama City.

Sunday, September 23rd, 2007 | Posted in Destinations | 1 Comment »

By the time I was in a position to even be able to contemplate purchasing a nice parcel of land to eventually build my vacation/retirement home, it had become apparent that no matter how rural or remote I was willing to go, beachfront was no longer within my budget. It happened so quickly, within 2 short years, the prices for beachfront property in Panama had doubled, tripled and in some cases quadrupled or more in price. Very sad indeed, but not necessarily the end of the world.

I started thinking about other properties that could be as exotic, unique and beautiful as beachfront… and suddenly the answer was clear… waterfalls! My search for waterfall properties has taken me to the most remote corners of Panama, but I have found the highest concentration, best prices and accessibility of these unique gems to be centered around Penonome.

Take the attached photo for instance, it is one of 4 waterfalls within the property which is also home to the spring from which the river is born. Imagine having your own waterfalls, originating entirely on your own property. The farm is 97 HA and the best part is the asking price… just 25 center per m2.

Thursday, July 19th, 2007 | Posted in Destinations | 5 Comments »

I was in Penonome last week, and absolutely fell in love with the town and the people couldn’t have been more hospitable and friendly. The town is based around the colonial style church and central park, and walking through the park and colonial section feels like a time warp to a couple centuries ago.

The park in front of the stunning church is perfectly manicured, and there was not a speck of trash to be seen anywhere. The breeze is cool and the air is exceptionally clean and smells delicious…

Penonome is a very quaint and beautiful town that has not yet been spoiled by the modern world.

Monday, May 21st, 2007 | Posted in Destinations | No Comments »

No matter how many times I visit the Causeway in Amador, I never get tired of enjoying the gorgeous views. They always make me feel as if there’s something greater out there, while providing me with a much needed inner peace. Ok, maybe that’s going too far. But no matter how you feel about it, many will agree that it is one of the most beautiful places to relax in Panama. (more…)

Wednesday, May 16th, 2007 | Posted in Destinations | No Comments »