The development is unique because it is a large gated development of 415 acres, that will offer lot sizes of 2 acres or more for building a home on.

The development will be ideal for gardening, small hobby farming, fruit tree growing and equestrian activities. Residents will have plenty of space due to the large lot sizes, but will also be part of a small community.

The Property consists of flat areas, gentle rolling hills, mountainous areas and small winding rivers. River lots and view lots are also available. There will be a trail that will wind throughout the development for horseback riding, walking, jogging or bicycle riding. A community horse stable, tennis courts, and large gazebo party area will be made available.

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Other popular properties this month:

• Excellent Opportunity Priced for Quick Sale
  
• LAGO BAY
  
• Single Family Homes with Ocean Views
   

By Bob Adams - Barron's

IT WAS JANUARY OF 2006 AND COLEY WAS 39. He had written and asked if he and his friend Jon could talk to me about their idea of setting up an investment operation in Panama to work the Central American region on behalf of U.S. investors. So there I was sitting in a local restaurant, surprised that two young professionals with young families were seriously thinking of quitting their well-paid positions in the U.S. to start a business a few thousand miles away. Today, they are the owners of Latin American Venture Partners, successfully living with their families and working from their offices in Panama.

I've lived and worked overseas for four decades and have traveled to more than forty nations. My interest in moving to Panama was not related to retirement, though some retirement Websites that focus on Panama introduced me to the country.

After visiting and getting to know Panama, I appreciated that most of these Websites provided very little real information. So I set up my own Website, RetirementWave.com, to offer a view of the country without any commercial motivation. I saw it as a simple public service and I didn't waste any money promoting it.

I would have been happy to help a few dozen people get a clearer idea of the country; 200,000 visitors and 2,700 members later, I find myself with an unpaid job that takes a lot more of my attention than I ever imagined. The real surprise, though, is that more than 20% of my "Retirement Wave" members are in their 20s, 30s and 40s. They are not thinking in terms of retirement. They are interested in relocating to or investing in Panama.

They are part of a silent emigration of Americans, retirees and more, seeking to live and work in other nations -- and not just the wealthy nations of Europe.

How many? A State Department survey of its embassies and consulates in 1999 suggested a total of 4.1 million Americans living overseas at that point, but there's little good data. So my company, New Global Initiatives Inc., hired Zogby International to do surveys of adult Americans on the subject of relocation outside the U.S. With more than 115,000 respondents, we have the largest and, as far as we know, the only database on this topic.

We didn't focus on Panama or Central America; we collected information on every global destination. In refining our survey results, we first eliminated anyone relocating for less than two years, and anyone relocating because of the requirements of the government, the military or their jobs. We did include people who are not relocating but are seriously considering purchasing a vacation home or other property outside the U.S. This group is likely to include many who will later choose to relocate.

These results project the results of the surveys onto the entire U.S. population. The numbers are for households, not individuals.

• 1.6 million U.S. households have already made the decision to relocate. That figure has remained stable over the year and a half during which seven surveys were conducted.
• Another 1.8 million households are seriously considering relocation and are likely to do it.
• 7.7 million households are "somewhat seriously" considering relocation and "may" do it.
• Nearly 3 million households are seriously considering the purchase of a vacation home or other property outside the U.S., and another 10 million are "somewhat" seriously considering it.

Adding it up, almost 10% of U.S. households are looking at leaving the country, and another 10% are considering living outside the country part time. This silent emigration is ignored by nearly every population analyst.

These would-be emigrant households plan to spend an average of $260,000 on the purchase or construction of a house, and they plan to spend at least $36,000 annually on living expenses outside the U.S. In total, they represent the emigration of hundreds of billions of dollars a year from the U.S. economy.

The largest group actually having made the decision to relocate is in the households where the adults are 25 to 34 years old. Blame it on outdated 20th-century thinking, but I assumed this age group would be too busy establishing families and career paths to pull up stakes and move out of the country. Wrong. When it comes to a serious interest in buying a property outside the U.S., that youthful age group dominates. A lot of Americans are at various stages of considering relocation or buying property overseas, but the 25-34 age group is the one putting down the bucks to do it.

There will be plenty of social, economic, political and plain old-fashioned business consequences to this silent migration. The cost to the American economy could be more than just financial: Young Americans push new ideas into society. They build new companies and create new jobs. Stay-at-home Americans will be poorer without them, unless the country keeps the emigrants connected to the U.S., supports them and gets benefits from their movement into the new global culture.

By Trista Winnie - NuWireinvestor

"I originally started off in Costa Rica, as many people in Panama today have done....Sort of on a whim, I went down to Panama for a weekend, and those three days turned into seven, and the next thing you knew, I was moving all my things out of Costa Rica and into Panama," Matt Landau, founder and CEO of The Panama Report and a real estate consultant based in Panama City, said.

"Panama absolutely amazed me."

Panama's northern neighbor, Costa Rica, has grown increasingly popular with tourists, retirees and investors alike in recent years. Now Panama is poised to attain similar popularity.

Panama is easily accessible to foreigners—particularly Americans—in more ways than one. First of all, Panama is easily accessible from the U.S. It is served by daily nonstop flights from Los Angeles, Houston, Miami, Orlando, Atlanta, Washington, D.C. and Newark; many of these flights are less than four hours.

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By Trista Winnie - NuWireinvestor

Panama has a variety of investment opportunities, including a burgeoning condo market in Panama City, miles of untouched beaches on the Caribbean coast and everything in between. While some markets are poised to become overbuilt, others are still full of long-term promise.

Real estate investors can choose anything from unspoiled beachfront property to downtown high rise condos. Other investments, such as businesses in the tourism and service sectors, could be promising because of Panama's steadily increasing tourism industry.

In addition, many baby boomers, looking to stretch their retirement money and still enjoy a traditional retirement lifestyle, are moving to places both sunny and inexpensive. Panama draws many American retirees because of its proximity to the U.S. and the incentive programs it offers to retirees, such as tax exemptions and deferrals and discounts for entertainment and travel, among other things.

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