December 2006 - Issue 20  
Buy, Sell, Rent and Lease Real Estate in Panama
Beachfront Real Estate [41]
Casco Viejo Real Estate [2]
For Rent [27]
Government Sales [8]
Investment Opportunities [75]
Island Real Estate [7]
Mountain Real Estate [51]
Near the Beach [73]
Ocean View Properties [105]
Panama City Properties [151]
Preconstruction [81]
Priced for Quick Sale [35]
Residential Developments [26]
Resort Properties [69]
Suburbs [61]
A Panamanian New Years for Dummies
Exotic Panama: the new Florida?
Featured Development: Luxury Beach Community
Properties of the Month
Newest Additions
 
Properties of
the Month



Great Income Producing Condo Hotel Investment
$48,000


Rincon Beach Estates of the Lost Coast in Chiriqui
$149,900


3 apartments in the top floor of one of the best buildings in Obarrio, in Panama City
$225,000


Incredible Beach Park and Resort
$110,500


Embassy Club, Panama's first Lifestyle Community
$170,000


Homes with Awe Inspiring Ocean Views 20 minutes from Panama City
$269,900


Newest Additions


Villa Santa Teresa at Montaņas de Caldera
$240,509


Farm for sale in Bambito, Chiriqui
$213,000


Las Tablas Ocean Front
$2,856,000


Luxurious Home in Dos Mares
$790,000


Costa Rica - Santa Fe Style House
$825,000

A Panamanian New Years for Dummies

One of Panama’s unique New Years traditions is that of the Muñecos or dummies. These life sized effigies are an old Panamanian tradition. They are stuffed with firecrackers and lit and beaten at the moment of the New Year.

According to local folklore, by beating and setting the effigies aflame, the sins and evil spirits are warded off for the upcoming year. The fire crackers are added to help drive the evil forces away, as it is believed that ghosts are afraid of light and noise.

[ more ]


Exotic Panama: the new Florida?

By Shannon Roxborough

The breathtaking view could be somewhere in Florida, or in California, or on any number of tropical islands: pristine white sand, sparkling turquoise waters, coconut palms swaying in the breeze. The sun-drenched landscape is dotted with Spanish-style homes. But this isn't Sarasota or the Bahamas. It's Panama, the S-shaped nation on the Central American isthmus sandwiched between the Caribbean Sea and Pacific Ocean.

Much has changed in Panama since Manuel Noriega was deposed in 1989. It's well on its way to becoming another Florida. You see, Panama has attracted plenty of attention over the last several years, not only from the American media praising its virtues but from second-home buyers, retirees and adventurous types seeking opportunities.

Drawn by dirt-cheap prices, an attractive package of government incentives and the romance of life in an exotic locale that is both far-flung and a relatively quick flight from Miami, Americans are arriving in large numbers. (By some estimates, as many as 50,000 have settled here.)

[ more ]


Featured Development: Luxury Beach Community

The ultimate in beachfront comfort and the most sophisticated luxury homes you have ever seen, with the beauty of a white-sand beach and the majestic Pacific Ocean with its blue water caressing the shores right at your feet.

The most modern, master-planned gated residential community designed exclusively for those who want nothing but the very best and where the sky is the limit!

Over top amenities include:

  • Fully-equipped gym 
  • Restaurant
  • Bar
  • Tennis courts
  • Putting green
  • Swimming pools
  • Mile of white sand beach

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