May 2007 - Issue 25  
Buy, Sell, Rent and Lease Real Estate in Panama
Beachfront Real Estate [56]
Ocean View Properties [170]
Near the Beach [104]
Panama City Properties [191]
Suburbs [72]
Mountain Real Estate [84]
Rivers, Lakes & Creeks [21]
Resort Properties [83]
Preconstruction [123]
Residential Developments [50]
Investment Opportunities [122]
Commercial Properties [35]
Casco Viejo Real Estate [5]
Priced for Quick Sale [56]
Island Real Estate [9]
Government Sales [8]
For Rent [39]
Vacation Rentals [1]
Featured Developments
Insider's Guide to Panama Real Estate
The Panama Realtor Advantage
10 New Hotels Will be Built in Panama
Relocating Abroad: Ahhhh!
Super Road Trip to the Azuero Peninsula
Featured Properties
Newest Additions
 
Featured Properties


Beachfront Resort in Coronado
$253,500


Single Family Home in Gamboa - One of a kind property
$297,000


2.0 Hect. Ocean Paradise Lot in Azuero Peninsula
$360,000


Homes with Awe Inspiring Ocean Views 20 minutes from Panama City
$309,900


The Executive Residences
$230,000


Single Family Home within the Golf Course Community of Coronado
$349,900


Newest Additions


4 Home Subdivision with Ocean View for Sale - Great Investment Potential
$229,900


Ocean View Lots 30 Minutes from Panama City
$80,000


TOP TOWERS
$159,000


Ocean Front Condo in Exclusive Costa del Este
$600,000


360 Degree View Mountain Home, Nuario, Azuero Peninsula
$139,500


Dolphin Point - Titled Lots in Bocas Del Toro
$130,000


4 Bedroom House in Las Tablas, 5 Minutes from Beach & Town
$65,000


Home on 81 Hectare, Ocean View Ranch for Rent
$0


3 Bedroom Flat in Casco Viejo for Rent
$0


COSTA PACIFICA
$0


Las Establas - Mountain Lots W/ Ocean Views, Nuario, Azuero Peninsula
$17,500


3 Bedroom Home in Villa Zaita, Las Cumbres
$115,000


Ocean View Apartment by the Bay of Panama City
$300,000


Land in the Community of Nueva Gorgona, Ideal for Development or Family Houses
$1,278,836


Single Family Home within the Golf Course Community of Coronado
$349,900


1.3 Hectares of Beachfront 1 Hour from Panama City
$3,575,000


2 Bedroom Home on nearly 3/4 of Acre with Fruiting Trees
$80,000


HACIENDA LAS VILLAS - A Unique Project of Villas and Condos
$450,000


3.3 ACRES W/ 790 FEET BEACH FRONT AZUERO
$375,000

Featured Developments

Single Family Home within the Golf Course Community of Coronado

The single family home consists of 3 bedrooms and 3 bathrooms plus maids quarters and bathroom. There is a large open kitchen which opens up to the living room and dining room. The ceilings throughout the entire home are very high and there are a number of windows and sky lights which allow for lots of natural lighting. The house has an L-shaped terrace which is accessible through the living room and from a private terrace off of the master bedroom. There is also a large laundry room, maid's quarters and bathroom. Off of the bedrooms one can enjoy the private living room.

The property is in the final stages of construction and should be delivered by July 2007.

more details | photo gallery

Beautiful Home on the Golf Course within the Coronado Resort

Beautiful 1 level 3 bedroom 3 bathroom home currently under construction on the Fazzio designed, championship golf course of the Coronado Resort.

The home is being constructed to take advantage of the beautiful golf course views, and will allow for lots of natural lighting and fine finishes.

more details | photo gallery


Insider's Guide to Panama Real Estate

There are several very important things to know about Panama before diving into real estate and/or business here. Among them are tips on Panama's history, geography, infrastructure, climate and weather patterns.

A re-occurring theme that is integral to understanding panama, is that Panama is a VERY young country.

In the books, Panama officially turned 100 years old in November of 2003, but if you examine Panama's history, you will notice that the United States has been a part of Panama since it's existence, up until the year 2000. The US helped Panama succeed from Colombia, and is responsible for much of Panama's infrastructure including the Panama Canal, and railway, FYI was the Worlds first transcontinental railroad. Also, Panama's currency has always been the dollar... really the list goes on and on, so depending on how you look at it, Panama is about to turn 8 years old this year.

One of the downfalls of Panama's age, or lack thereof, is that there is significant difference in infrastructure outside the principal cities. You can drive as little as 20 minutes from ultra modern, and luxurious Panama City, and feel like you have entered a land lost in time where ATM's and internet are completely foreign.

While Panama is growing at unprecedented leaps and bounds, and converting towns which used to be sleepy, rural weekend getaways such as Coronado, and turning them into retirement and expat communities, complete with golf courses, condo high-rises, supermarkets, equestrian clubs, private emergency clinics, restaurants, banks, and post offices and the list goes on...., Panama still a ways to go.

[ more ]


The Panama Realtor Advantage
Panama Realtor has an advantage over other real estate companies and brokers in that our bilingual agents are locals. We have been born and raised in Panama, and our love of the country is apparent in our insight and knowledge of Panama´s culture, traditions, land and people. Because we are locals, we have also had the opportunity to develop a very reliable network of contacts and service providers, from attorneys to doctors, we have had a life time in Panama to develop these relationships.

While we are all locals, we have all also had the opportunity to live abroad and gain perspective on other cultures and ways of life. This insight aids us in understanding exactly where our clients are coming from, and what they are looking for. Whether it be the United States, Canada, Russia, England, Switzerland or Germany, we have lived there and we can relate to what you are looking for.

We have local agents and representatives in nearly every province of Panama who are always tracking down new listings, and networking with the locals for more and better property options.

We have also worked hard to offer a complete website with updated real estate news, laws, newsletters, blogs, a panama service directory and listings with photos, maps, videos, location write ups and articles. Our website’s primary purpose is to provide as much information to our web users about real estate and available listings in Panama.

The depth of our website has rewarded us an unexpected way. We have created an MLS (multiple listing system) of sorts which is sorely missing in Panama. We maintain an open business policy with commission splits with a large and ever growing list other real estate agencies and brokers. As a result we have a great reach when it comes to finding property buyers and sellers.

10 New Hotels Will be Built in Panama

By Roberto Quelne - La Estrella de Panama

According to estimates from the Panamanian Association of Hotels (APATEL) and the Panamanian Board of Tourism, between eight to ten new hotels will be constructed in Panama within the next three to five years, adding an additional 3,000 new rooms to the market.

The hotel and hospitality sector is preparing to serve the growing number of tourists who are visiting Panama every year. In the first three months of 2007 (January to March), 389,258 tourists visited Panama, or 8.7% more than in the same period last year according to statistics from the Panamanian Institute of Tourism (IPAT).

[ more ]


Relocating Abroad: Ahhhh!

By Mona M. Sutherland - Latin America Real Estate TV

Moving is exciting for some and dreadful for others. The chore of packing all your personal belongings, making new friends and confronting the unknown can be daunting. However, a change of scenery, great job opportunity or better lifestyle can be extremely motivating factors. Regardless of whether you are looking forward to the big day or looking for anything to do but think about it, relocation is sure to bring a host of different experiences, ranging from complete excitement to an absolute nightmare, especially when moving overseas.

The packing process can be tricky, including the crucial decision when only one box is left: Is placing cleaning products and dry foods in the same box a bad idea? An enquiry that today remains unanswered. However, there are even more issues to solve when this move is being made to another country, including import taxes and “Where the heck do I pick up my stuff anyway?!”

So, after packing up your life as you know it, managing to get it to another country and into your new home, the fun part begins: Living abroad!

The expatriate is sure to ride the emotional rollercoaster after arriving in the host country, and a great majority of these ups and downs has to do with cultural differences. Cultural differences are here to stay and are what make life interesting. If you arrive in a new country with your ethnocentric thinking cap on, then all you’re going to get is a lot of migraines (the only plus being the funky Panamanian Panadol). However, despite how open we are to new things, cultural differences can make transitioning to a new country difficult. So, it is the responsibility of the expatriate to learn more about the host country’s customs and norms and be prepared for the bumpy ride ahead.

[ more ]


Super Road Trip to the Azuero Peninsula

By Matt Landau - The Panama Report

I had decided to take a few days off work and explore some of the lesser known parts of Panama. The real estate and tourism booms in various regions of the country are what keep my finances afloat. But it’s the secret nooks and hidden crannies of the country’s unknown interior that are truly inspiring.

It started off innocent enough. The hustle and bustle of the city had worn me out. Car horns, street vendors, and intense business dealings had together formed this terrible cacophony that rang in my ear day and night, forming the sort of headache you get from extended periods of time camped out below a power generator. I needed a break, and the Azuero Peninsula was calling.

I made it to Pedasi as the sun was dying behind the hills. Pedasi is a small coastal town about forty five minutes past Las Tablas, known mainly for its most famous resident, Miyera Moscoso, ex-President of Panama. The streets are lined with cute little houses and locals hang out on the porches, presumably making fun of people who pass. I was an easy target.

Pedasi has one very high end place to eat, Manolo Caracol, a shoot-off project by a successful restaurateur from Panama City. But I had not ventured into the remote interior of Panama to have fu fu dishes like Kobe beef carpaccio with microgreens and sesame foam. What the hell is foam anyway? I remember once being served beet juice in a shot glass there that made me really question whether or not the chef was on drugs.

[ more ]


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