Home Consumers and Suppliers True Estate Glossary


What is going on in Panama is without any type of precedent. The marketplace is growing rapidly and such property growth never been skilled before within our country. Monthly, we're visited for countless foreigners thinking about buying true estates in Panama, in the City, the coasts and the mountains. Tembusu Grand The constant rising of the value per square meter is almost in a regular rate.

For example: in January, 2006 it had been possible to locate apartments in Panama City for around US$ 1,000.00 per square meter, which will be extremely difficult in these times (US$ 1,200 - US$1,400 and rising). It's made the worth per sq meter to triplicate in the town and even to quadruplicate in the remaining portion of the country. The key property broker associations have foreseen that the general value of the area in Panama can rise up to 30% to 40% next four years, for this reason price increasing flow.

Extreme luxurious systems of more than 100 experiences, residential houses of around a million pounds, yachts and maritime groups, large luxury lodges, tennis ideologies created by well-known global specialists, along with top of the line centers, are under construction or in procedure for giving in the next few years; renovating the face of the city into an international and modern metropolis.

Supporters, personal investors and global property companies, from United Claims, South America and actually Europe, have began the construction of real estate jobs of great impact. Also, a good amount of global real estate broker businesses are still setting up companies within our country per month. Especially we could say that seven of the best towers below structure in Latin America are now being integrated Panama City,

within the areas referred to as "Avenida Balboa" (this place is predicted because the skyscraper facing the sea in the city). We could mention, and others: Aqualina, Aquamare, Vitri, Ocean Two and One, Los Faros de Panama and Snow System, prepared to be delivered for the season 2009; besides the countless apartment systems provide created across the city. Good seaside lot projects, island resorts, as much as in the Caribbean Beach (Bocas del Toro) as in the Pacific Water (Pearl Islands); in addition to wonderful retirement mountains (Boquete, Altos del Maria) are part of the avalanche of property tasks that seems merely to be starting.