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Panama Propertyhawes807807 [1 Posts] Hello, I am a former commodity trader just moved to panama full time. Have been commuting between panama and new york for last 2.5 years. I have invested in panama and made nice returns. Now I have decided I want to help other people invest here. gocoastal [13 Posts] Hi , yes i am interested in south american investment property and info..Pm me if you like..!thx Chief Wigam [38 Posts] Hi Hawes, I would like to take up your offer of understanding the property market in Panama. I know about the planned expansion of the canal as one good reason to invest there. With the high AUD:USD rate, it is attractive. What do you think of the Essenza development in Costa Del Este - this is an area that is booming and is full of new developments. How does it compare to other condos in your view? It is tailored for medical tourism, retirees and general residential, so a "mixed" use. I have been told this mixed use is uncommon so gives the condo a uniqueness. Is it better to concentrate my search for condos in Panama City? I know the market there has rocketed in recent times. Is it too late to look at buying for investment purposes? As there are lots of new developments coming on line, will there be an oversupply in Panama? I know your posting is quite old now, but if you are still active in the market, I'd be interested to hear from you. We find comfort among those who agree with us - growth among those who don't. Frank A. Clark. |
User loginIn The NewsNo Housing Revival Just Yet! Auction clearance rates slumped again over the week-end leading experts to advise investors that they will have to wait another year for a revival in the housing market. RBA Slashes Rate RBA announces the biggest rate drop in 13 years - down 1%! Gazumping running rampant! Australia's housing shortage could fuel a new round of illegal rent auctions according to the HIA. The undersupplied housing market has forced rental prices up and escalating prices means Gazumping - where a seller continually raises the price - a method which is both informal and illegal is now rampant in most capital cities. Today's TipBe professional in your approach to property investing - keep written records and
appropriate documentation to <more> Active forum topicsInvesting for non residents Author: barbara.sijbesma Who's Online |
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